Ametek Stock Market Value

AME
 Stock
  

USD 142.08  2.31  1.60%   

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


Is Ametek'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 Ametek. If investors know Ametek 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 Ametek 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
0.17
Market Capitalization
32.6 B
Quarterly Revenue Growth YOY
0.077
Return On Assets
0.0773
Return On Equity
0.17
The market value of Ametek Inc is measured differently than its book value, which is the value of Ametek that is recorded on the company's balance sheet. Investors also form their own opinion of Ametek's value that differs from its market value or its book value, called intrinsic value, which is Ametek'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 Ametek's market value can be influenced by many factors that don't directly affect Ametek'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 Ametek's value and its price as these two are different measures arrived at by different means. Investors typically determine Ametek value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ametek'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.

Ametek '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 Ametek'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 Ametek.
0.00
11/05/2022
No Change 0.00  0.0 
In 31 days
12/05/2022
0.00
If you would invest  0.00  in Ametek on November 5, 2022 and sell it all today you would earn a total of 0.00 from holding Ametek Inc or generate 0.0% return on investment in Ametek over 30 days. Ametek is related to or competes with Euro Tech, United Rentals, Travelers Companies, Pfizer, Cisco Systems, Chevron Corp, and B of A. AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide More

Ametek 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 Ametek'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 Ametek Inc upside and downside potential and time the market with a certain degree of confidence.

Ametek Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ametek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ametek's standard deviation. In reality, there are many statistical measures that can use Ametek historical prices to predict the future Ametek's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ametek'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 Ametek in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
140.26141.96143.66
Details
Intrinsic
Valuation
LowReal ValueHigh
127.87160.94162.64
Details
Naive
Forecast
LowNext ValueHigh
140.22141.92143.61
Details
13 Analysts
Consensus
LowTarget PriceHigh
127.00162.50175.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ametek. Your research has to be compared to or analyzed against Ametek's peers to derive any actionable benefits. When done correctly, Ametek'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 Ametek Inc.

Ametek Inc Backtested Returns

Ametek appears to be very steady, given 3 months investment horizon. Ametek Inc secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had 0.17% of return per unit of standard deviation over the last 3 months. Our philosophy in 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 Ametek Inc, which you can use to evaluate the future volatility of the firm. Please makes use of Ametek's mean deviation of 1.39, and Risk Adjusted Performance of 0.2359 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Ametek holds a performance score of 12. The firm shows a Beta (market volatility) of 0.9933, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Ametek's beta means in this case. Ametek returns are very sensitive to returns on the market. As the market goes up or down, Ametek is expected to follow. Although it is vital to follow Ametek Inc historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in 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 Ametek Inc technical indicators, you can presently evaluate if the expected return of 0.29% will be sustainable into the future. Please makes use of Ametek Inc downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to make a quick decision on whether Ametek price patterns will revert.

Auto-correlation

    
  0.18  

Very weak predictability

Ametek Inc has very weak predictability. Overlapping area represents the amount of predictability between Ametek time series from 5th of November 2022 to 20th of November 2022 and 20th of November 2022 to 5th 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 Ametek Inc price movement. The serial correlation of 0.18 indicates that over 18.0% of current Ametek price fluctuation can be explain by its past prices.
Correlation Coefficient0.18
Spearman Rank Test0.32
Residual Average0.0
Price Variance2.55

Ametek Inc lagged returns against current returns

Autocorrelation, which is Ametek 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 Ametek's stock expected returns. We can calculate the autocorrelation of Ametek returns to help us make a trade decision. For example, suppose you find that Ametek 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   
Share
       Timeline  

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

Ametek Lagged Returns

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

Ametek Investors Sentiment

The influence of Ametek'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 Ametek. 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 Ametek's public news can be used to forecast risks associated with investment in Ametek. The trend in average sentiment can be used to explain how an investor holding Ametek can time the market purely based on public headlines and social activities around Ametek Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Ametek'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 Ametek'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 Ametek's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ametek.
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 Ametek 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, Ametek's short interest history, or implied volatility extrapolated from Ametek options trading.

Pair Trading with Ametek

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

Moving together with Ametek

+0.84NDSNNordson Fiscal Year End 21st of December 2022 PairCorr
+0.74AALAmerican Airlines Aggressive PushPairCorr
+0.83ABMABM Industries Incor Earnings Call Next WeekPairCorr

Moving against Ametek

-0.8HRTHireRight Holdings Corp Downward RallyPairCorr
The ability to find closely correlated positions to Ametek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ametek 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 Ametek - 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 Ametek Inc to buy it.
The correlation of Ametek 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 Ametek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ametek Inc 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 Ametek 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 Ametek Correlation, Ametek Volatility and Ametek Alpha and Beta module to complement your research on Ametek. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for analysis

When running Ametek Inc price analysis, check to measure Ametek'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 Ametek is operating at the current time. Most of Ametek's value examination focuses on studying past and present price action to predict the probability of Ametek's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ametek's price. Additionally, you may evaluate how the addition of Ametek to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Ametek 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 Ametek technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ametek 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...