AMP Stock Forecast - Treynor Ratio

AMLYY
 Stock
  

USD 2.95  0.00  0.00%   

AMP Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AMP historical stock prices and determine the direction of AMP LIMITED's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of AMP historical fundamentals such as revenue growth or operating cash flow patterns.
Please continue to Trending Equities.
  
AMP LIMITED has current Treynor Ratio of 0.
Most investors in AMP cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the AMP's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AMP's price structures and extracts relationships that further increase the generated results' accuracy.
  Previous Treynor RatioTreynor RatioTrend
00
Check AMP VolatilityBacktest AMPInformation Ratio  

AMP Trading Date Momentum

On September 29 2022 AMP LIMITED was traded for  2.95  at the closing time. The highest daily price throughout the period was 2.95  and the lowest price was  2.95 . There was no trading activity during the period 0.0. Lack of trading volume on 09/29/2022 did not affect price variability. The overall trading delta to current closing price is 0.00% .
Compare AMP to competition

AMP Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AMP stock to make a market-neutral strategy. Peer analysis of AMP could also be used in its relative valuation, which is a method of valuing AMP by comparing valuation metrics with similar companies.
Boeing CompanyAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondMaiden Holdings NorthSeagate Technology HldgsVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

AMP Risk Indicators

The analysis of AMP's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in AMP's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting AMP stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AMP in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AMP's short interest history, or implied volatility extrapolated from AMP options trading.

Pair Trading with AMP

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AMP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AMP will appreciate offsetting losses from the drop in the long position's value.

Moving together with AMP

+0.73TATT Inc Earnings Call  In Three WeeksPairCorr
+0.75VZVerizon Communications Earnings Call  In Three WeeksPairCorr

Moving against AMP

-0.67DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr
The ability to find closely correlated positions to AMP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AMP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AMP LIMITED to buy it.
The correlation of AMP is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AMP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMP LIMITED moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AMP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Tools for AMP Stock

When running AMP LIMITED price analysis, check to measure AMP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AMP is operating at the current time. Most of AMP's value examination focuses on studying past and present price action to predict the probability of AMP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AMP's price. Additionally, you may evaluate how the addition of AMP to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go