American Shipping (Norway) Market Value

AMSC Stock  NOK 26.25  0.55  2.05%   
American Shipping's market value is the price at which a share of American Shipping trades on a public exchange. It measures the collective expectations of American Shipping investors about its performance. American Shipping is selling for 26.25 as of the 16th of March 2025. This is a 2.05% down since the beginning of the trading day. The stock's lowest day price was 26.05.
With this module, you can estimate the performance of a buy and hold strategy of American Shipping and determine expected loss or profit from investing in American Shipping over a given investment horizon. Check out American Shipping Correlation, American Shipping Volatility and American Shipping Alpha and Beta module to complement your research on American Shipping.
Symbol

Please note, there is a significant difference between American Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

American Shipping 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to American Shipping's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of American Shipping.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in American Shipping on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding American Shipping or generate 0.0% return on investment in American Shipping over 90 days. American Shipping is related to or competes with Stolt Nielsen, BW LPG, Aker ASA, BW Offshore, and Frontline. American Shipping Company ASA, through its subsidiaries, operates as a ship owning and lease finance company in the Unit... More

American Shipping Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure American Shipping's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess American Shipping upside and downside potential and time the market with a certain degree of confidence.

American Shipping Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for American Shipping's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Shipping's standard deviation. In reality, there are many statistical measures that can use American Shipping historical prices to predict the future American Shipping's volatility.
Hype
Prediction
LowEstimatedHigh
23.8026.2528.70
Details
Intrinsic
Valuation
LowRealHigh
23.6330.3332.78
Details
Naive
Forecast
LowNextHigh
25.4527.9030.35
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.4225.2928.15
Details

American Shipping Backtested Returns

American Shipping appears to be very steady, given 3 months investment horizon. American Shipping secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for American Shipping, which you can use to evaluate the volatility of the firm. Please makes use of American Shipping's mean deviation of 1.49, and Risk Adjusted Performance of 0.075 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, American Shipping holds a performance score of 8. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American Shipping's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Shipping is expected to be smaller as well. Please check American Shipping's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether American Shipping's price patterns will revert.

Auto-correlation

    
  -0.89  

Excellent reverse predictability

American Shipping has excellent reverse predictability. Overlapping area represents the amount of predictability between American Shipping time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Shipping price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current American Shipping price fluctuation can be explain by its past prices.
Correlation Coefficient-0.89
Spearman Rank Test-0.82
Residual Average0.0
Price Variance1.71

American Shipping lagged returns against current returns

Autocorrelation, which is American Shipping stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting American Shipping's stock expected returns. We can calculate the autocorrelation of American Shipping returns to help us make a trade decision. For example, suppose you find that American Shipping has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

American Shipping regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If American Shipping stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Shipping stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Shipping stock over time.
   Current vs Lagged Prices   
       Timeline  

American Shipping Lagged Returns

When evaluating American Shipping's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Shipping stock have on its future price. American Shipping autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, American Shipping autocorrelation shows the relationship between American Shipping stock current value and its past values and can show if there is a momentum factor associated with investing in American Shipping.
   Regressed Prices   
       Timeline  

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Other Information on Investing in American Stock

American Shipping financial ratios help investors to determine whether American Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in American with respect to the benefits of owning American Shipping security.