Amalgamated Bank Stock Technical Analysis
AMAL Stock | USD 34.94 0.07 0.20% |
As of the 15th of December 2024, Amalgamated Bank shows the mean deviation of 1.59, and Risk Adjusted Performance of 0.0839. Amalgamated Bank technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Amalgamated Bank information ratio, and the relationship between the downside deviation and value at risk to decide if Amalgamated Bank is priced correctly, providing market reflects its regular price of 34.94 per share. Given that Amalgamated Bank has jensen alpha of 0.035, we suggest you to validate Amalgamated Bank's prevailing market performance to make sure the company can sustain itself at a future point.
Amalgamated Bank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Amalgamated, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AmalgamatedAmalgamated |
Amalgamated Bank Analyst Consensus
Target Price | Advice | # of Analysts | |
22.67 | Buy | 2 | Odds |
Most Amalgamated analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Amalgamated stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Amalgamated Bank, talking to its executives and customers, or listening to Amalgamated conference calls.
Amalgamated Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Amalgamated Bank Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Amalgamated Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Amalgamated Bank Trend Analysis
Use this graph to draw trend lines for Amalgamated Bank. You can use it to identify possible trend reversals for Amalgamated Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Amalgamated Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Amalgamated Bank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Amalgamated Bank applied against its price change over selected period. The best fit line has a slop of 0.1 , which means Amalgamated Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 370.36, which is the sum of squared deviations for the predicted Amalgamated Bank price change compared to its average price change.About Amalgamated Bank Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Amalgamated Bank on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Amalgamated Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Amalgamated Bank price pattern first instead of the macroeconomic environment surrounding Amalgamated Bank. By analyzing Amalgamated Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Amalgamated Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Amalgamated Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0191 | 0.0158 | 0.015 | 0.0104 | Price To Sales Ratio | 2.58 | 2.66 | 3.0 | 2.85 |
Amalgamated Bank December 15, 2024 Technical Indicators
Most technical analysis of Amalgamated help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Amalgamated from various momentum indicators to cycle indicators. When you analyze Amalgamated charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Pattern Recognition | ||
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Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0839 | |||
Market Risk Adjusted Performance | 0.1143 | |||
Mean Deviation | 1.59 | |||
Semi Deviation | 1.76 | |||
Downside Deviation | 1.89 | |||
Coefficient Of Variation | 944.81 | |||
Standard Deviation | 2.53 | |||
Variance | 6.4 | |||
Information Ratio | 0.0663 | |||
Jensen Alpha | 0.035 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.0885 | |||
Treynor Ratio | 0.1043 | |||
Maximum Drawdown | 21.7 | |||
Value At Risk | (2.91) | |||
Potential Upside | 2.97 | |||
Downside Variance | 3.59 | |||
Semi Variance | 3.11 | |||
Expected Short fall | (1.95) | |||
Skewness | 2.26 | |||
Kurtosis | 14.79 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amalgamated Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Amalgamated Stock please use our How to buy in Amalgamated Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amalgamated Bank. If investors know Amalgamated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amalgamated Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.233 | Dividend Share 0.44 | Earnings Share 3.39 | Revenue Per Share 9.928 | Quarterly Revenue Growth 0.156 |
The market value of Amalgamated Bank is measured differently than its book value, which is the value of Amalgamated that is recorded on the company's balance sheet. Investors also form their own opinion of Amalgamated Bank's value that differs from its market value or its book value, called intrinsic value, which is Amalgamated Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amalgamated Bank's market value can be influenced by many factors that don't directly affect Amalgamated Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amalgamated Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amalgamated Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amalgamated Bank'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.