Amdocs Stock Price on August 8, 2022 Breakdown

DOX
 Stock
  

USD 79.45  0.15  0.19%   

As of today, the current price of Amdocs is  79.45 , as last reported on the 2nd of October, with the highest price reaching  80.12  and the lowest price hitting  79.23  during the day.
Amdocs Limited secures Sharpe Ratio (or Efficiency) of -0.0586, which signifies that the company had -0.0586% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Amdocs Limited exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Amdocs Limited risk adjusted performance of (0.07), and Mean Deviation of 0.7684 to double-check the risk estimate we provide.
  

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Amdocs Valuation on August 8, 2022

It is possible to determine the worth of Amdocs on a given historical date. On August 8, 2022 Amdocs was worth 87.45 at the beginning of the trading date compared to the closed value of 87.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amdocs stock. Still, in general, we apply an absolute valuation method to find Amdocs' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amdocs' related companies.
 Open High Low Close Volume
  86.75    87.58    86.02    87.19    633,941  
08/08/2022
  87.45    88.07    86.41    87.04    402,040  
  87.01    88.20    86.35    87.54    698,969  
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Open Value 87.45
87.04
Closing Value
90.64
Upside

Amdocs Trading Date Momentum on August 8, 2022

On August 09 2022 Amdocs Limited was traded for  87.54  at the closing time. Highest Amdocs's price during the trading hours was 88.20  and the lowest price during the day was  86.35 . The net volume was 699 K. The overall trading history on the 9th of August contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.57% . The overall trading delta to current price is 2.48% .

Amdocs Limited Fundamentals Correlations and Trends

By evaluating Amdocs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Amdocs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amdocs financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Amdocs Stock history

Amdocs investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Amdocs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amdocs Limited will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Amdocs historical stock prices may prove useful in developing a viable investing in Amdocs
Amdocs Limited, through its subsidiaries, provides software and services worldwide. Amdocs Limited was founded in 1988 and is headquartered in Saint Louis, Missouri. Amdocs operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 30000 people.

Amdocs Stock Technical Analysis

Amdocs 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.
A focus of Amdocs technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Amdocs trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Amdocs Period Price Range

Low
August 8, 2022
High

 87.45 

  

 87.04 

-0.41-0.47%

Amdocs October 2, 2022 Market Strength

Market strength indicators help investors to evaluate how Amdocs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amdocs shares will generate the highest return on investment. By undertsting and applying Amdocs stock market strength indicators, traders can identify Amdocs Limited entry and exit signals to maximize returns

Amdocs Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Amdocs stock's direction in advance. Along with the technical and fundamental analysis of Amdocs Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amdocs to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Continue to Investing Opportunities. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for analysis

When running Amdocs Limited price analysis, check to measure Amdocs' 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 Amdocs is operating at the current time. Most of Amdocs' value examination focuses on studying past and present price action to predict the probability of Amdocs' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Amdocs' price. Additionally, you may evaluate how the addition of Amdocs to your portfolios can decrease your overall portfolio volatility.
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Is Amdocs' industry 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 Amdocs. If investors know Amdocs 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 Amdocs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Amdocs Limited is measured differently than its book value, which is the value of Amdocs that is recorded on the company's balance sheet. Investors also form their own opinion of Amdocs' value that differs from its market value or its book value, called intrinsic value, which is Amdocs' 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 Amdocs' market value can be influenced by many factors that don't directly affect Amdocs' 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 Amdocs' value and its price as these two are different measures arrived at by different means. Investors typically determine Amdocs value 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.