Advanced Stock Market Value

AMD
 Stock
  

USD 77.48  2.50  3.33%   

Advanced Micro's market value is the price at which a share of Advanced Micro stock trades on a public exchange. It measures the collective expectations of Advanced Micro Devices investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Advanced Micro Devices and determine expected loss or profit from investing in Advanced Micro over a given investment horizon. Please continue to Advanced Micro Correlation, Advanced Micro Volatility and Advanced Micro Alpha and Beta module to complement your research on Advanced Micro.
Symbol


Is Advanced Micro's 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 Advanced Micro. If investors know Advanced 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 Advanced Micro 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 YOY
(0.95) 
Market Capitalization
120.9 B
Quarterly Revenue Growth YOY
0.29
Return On Assets
0.0473
Return On Equity
0.0737
The market value of Advanced Micro Devices is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Micro's value that differs from its market value or its book value, called intrinsic value, which is Advanced Micro'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 Advanced Micro's market value can be influenced by many factors that don't directly affect Advanced Micro'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 Advanced Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine Advanced Micro value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Micro'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.

Advanced Micro '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 Advanced Micro'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 Advanced Micro.
0.00
11/04/2022
No Change 0.00  0.0 
In 30 days
12/04/2022
0.00
If you would invest  0.00  in Advanced Micro on November 4, 2022 and sell it all today you would earn a total of 0.00 from holding Advanced Micro Devices or generate 0.0% return on investment in Advanced Micro over 30 days. Advanced Micro is related to or competes with Amtech Systems. Advanced Micro Devices, Inc. operates as a semiconductor company worldwide More

Advanced Micro 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 Advanced Micro'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 Advanced Micro Devices upside and downside potential and time the market with a certain degree of confidence.

Advanced Micro Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Advanced Micro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advanced Micro's standard deviation. In reality, there are many statistical measures that can use Advanced Micro historical prices to predict the future Advanced Micro's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Advanced Micro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Advanced Micro in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
71.0474.9878.92
Details
Intrinsic
Valuation
LowReal ValueHigh
67.4887.8091.74
Details
24 Analysts
Consensus
LowTarget PriceHigh
90.00137.87180.00
Details
Earnings
Estimates (12)
LowProjected EPSHigh
2.342.382.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Advanced Micro. Your research has to be compared to or analyzed against Advanced Micro's peers to derive any actionable benefits. When done correctly, Advanced Micro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Advanced Micro Devices.

Advanced Micro Devices Backtested Returns

We consider Advanced Micro very steady. Advanced Micro Devices secures Sharpe Ratio (or Efficiency) of 2.0E-4, which signifies that the company had 2.0E-4% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Advanced Micro Devices, which you can use to evaluate the future volatility of the firm. Please confirm Advanced Micro Devices mean deviation of 2.7, and Risk Adjusted Performance of (0.035845) to double-check if the risk estimate we provide is consistent with the expected return of 9.0E-4%.
The firm shows a Beta (market volatility) of 2.0492, which signifies a somewhat significant risk relative to the market. Let's try to break down what Advanced's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Advanced Micro will likely underperform. Although it is important to respect Advanced Micro Devices historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Advanced Micro Devices technical indicators, you can presently evaluate if the expected return of 9.0E-4% will be sustainable into the future. Advanced Micro Devices right now shows a risk of 3.94%. Please confirm Advanced Micro Devices treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Advanced Micro Devices will be following its price patterns.

Auto-correlation

    
  0.36  

Below average predictability

Advanced Micro Devices has below average predictability. Overlapping area represents the amount of predictability between Advanced Micro time series from 4th of November 2022 to 19th of November 2022 and 19th of November 2022 to 4th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Advanced Micro Devices price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Advanced Micro price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test-0.07
Residual Average0.0
Price Variance2.73

Advanced Micro Devices lagged returns against current returns

Autocorrelation, which is Advanced Micro 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 Advanced Micro's stock expected returns. We can calculate the autocorrelation of Advanced Micro returns to help us make a trade decision. For example, suppose you find that Advanced Micro stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Advanced Micro 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 Advanced Micro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advanced Micro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advanced Micro stock over time.
   Current vs Lagged Prices   
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       Timeline  

Advanced Micro Lagged Returns

When evaluating Advanced Micro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advanced Micro stock have on its future price. Advanced Micro 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, Advanced Micro autocorrelation shows the relationship between Advanced Micro stock current value and its past values and can show if there is a momentum factor associated with investing in Advanced Micro Devices.
   Regressed Prices   
Share
       Timeline  

Advanced Micro Investors Sentiment

The influence of Advanced Micro's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Advanced. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Advanced Micro's public news can be used to forecast risks associated with investment in Advanced. The trend in average sentiment can be used to explain how an investor holding Advanced can time the market purely based on public headlines and social activities around Advanced Micro Devices. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Advanced Micro's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Advanced Micro's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Advanced Micro's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Advanced Micro.

Advanced Micro Implied Volatility

    
  46.32  
Advanced Micro's implied volatility exposes the market's sentiment of Advanced Micro Devices stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Advanced Micro's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Advanced Micro stock will not fluctuate a lot when Advanced Micro's options are near their expiration.
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 Advanced Micro 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, Advanced Micro's short interest history, or implied volatility extrapolated from Advanced Micro options trading.

Pair Trading with Advanced Micro

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 Advanced Micro 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 Advanced Micro will appreciate offsetting losses from the drop in the long position's value.

Moving together with Advanced Micro

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The ability to find closely correlated positions to Advanced Micro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Micro 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 Advanced Micro - 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 Advanced Micro Devices to buy it.
The correlation of Advanced Micro 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 Advanced Micro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced Micro Devices 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 Advanced Micro 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 Advanced Micro Correlation, Advanced Micro Volatility and Advanced Micro Alpha and Beta module to complement your research on Advanced Micro. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Advanced Micro Devices price analysis, check to measure Advanced Micro'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 Advanced Micro is operating at the current time. Most of Advanced Micro's value examination focuses on studying past and present price action to predict the probability of Advanced Micro's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Advanced Micro's price. Additionally, you may evaluate how the addition of Advanced Micro to your portfolios can decrease your overall portfolio volatility.
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Advanced Micro 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 Advanced Micro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Advanced Micro 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...