Amdocs' market value is the price at which a share of Amdocs trades on a public exchange. It measures the collective expectations of Amdocs Limited investors about its performance. Amdocs is trading at 81.24 as of the 13th of January 2025. This is a 1.22 percent decrease since the beginning of the trading day. The stock's lowest day price was 81.24. With this module, you can estimate the performance of a buy and hold strategy of Amdocs Limited and determine expected loss or profit from investing in Amdocs over a given investment horizon. Check out Amdocs Correlation, Amdocs Volatility and Amdocs Alpha and Beta module to complement your research on Amdocs. For more detail on how to invest in Amdocs Stock please use our How to Invest in Amdocs guide.
Please note, there is a significant difference between Amdocs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amdocs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amdocs' 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.
Amdocs '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 Amdocs' 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 Amdocs.
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01/24/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/13/2025
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If you would invest 0.00 in Amdocs on January 24, 2023 and sell it all today you would earn a total of 0.00 from holding Amdocs Limited or generate 0.0% return on investment in Amdocs over 720 days. Amdocs is related to or competes with Oracle, SSC Technologies, Wisetech Global, Okta, Xero. Amdocs Limited, through its subsidiaries, provides software and services to the communications, pay TV, entertainment, a... More
Amdocs 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 Amdocs' 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 Amdocs Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amdocs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amdocs' standard deviation. In reality, there are many statistical measures that can use Amdocs historical prices to predict the future Amdocs' volatility.
Amdocs Limited secures Sharpe Ratio (or Efficiency) of -0.0206, which signifies that the company had a -0.0206% return per unit of standard deviation over the last 3 months. Amdocs Limited exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amdocs' mean deviation of 1.18, and Risk Adjusted Performance of 0.0421 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amdocs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Amdocs is expected to be smaller as well. At this point, Amdocs Limited has a negative expected return of -0.0342%. Please make sure to confirm Amdocs' semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to decide if Amdocs Limited performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.39
Poor reverse predictability
Amdocs Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Amdocs time series from 24th of January 2023 to 19th of January 2024 and 19th of January 2024 to 13th of January 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 Amdocs Limited price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Amdocs price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.39
Spearman Rank Test
0.1
Residual Average
0.0
Price Variance
19.38
Amdocs Limited lagged returns against current returns
Autocorrelation, which is Amdocs 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 Amdocs' stock expected returns. We can calculate the autocorrelation of Amdocs returns to help us make a trade decision. For example, suppose you find that Amdocs 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
Amdocs 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 Amdocs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amdocs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amdocs stock over time.
Current vs Lagged Prices
Timeline
Amdocs Lagged Returns
When evaluating Amdocs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amdocs stock have on its future price. Amdocs 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, Amdocs autocorrelation shows the relationship between Amdocs stock current value and its past values and can show if there is a momentum factor associated with investing in Amdocs Limited.
Amdocs financial ratios help investors to determine whether Amdocs 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 Amdocs with respect to the benefits of owning Amdocs security.