Amneal Stock Market Value

AMRX
 Stock
  

USD 2.10  0.05  2.44%   

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


Is Amneal Pharmaceuticals' 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 Amneal Pharmaceuticals. If investors know Amneal 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 Amneal Pharmaceuticals 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 Amneal Pharmaceuticals is measured differently than its book value, which is the value of Amneal that is recorded on the company's balance sheet. Investors also form their own opinion of Amneal Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Amneal Pharmaceuticals' 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 Amneal Pharmaceuticals' market value can be influenced by many factors that don't directly affect Amneal Pharmaceuticals' 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 Amneal Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine Amneal Pharmaceuticals value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amneal Pharmaceuticals' 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.

Amneal Pharmaceuticals '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 Amneal Pharmaceuticals' 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 Amneal Pharmaceuticals.
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08/26/2022
No Change 0.00  0.0 
In 31 days
09/25/2022
0.00
If you would invest  0.00  in Amneal Pharmaceuticals on August 26, 2022 and sell it all today you would earn a total of 0.00 from holding Amneal Pharmaceuticals or generate 0.0% return on investment in Amneal Pharmaceuticals over 30 days. Amneal Pharmaceuticals is related to or competes with Industrias Bachoco. Amneal Pharmaceuticals, Inc., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes... More

Amneal Pharmaceuticals 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 Amneal Pharmaceuticals' 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 Amneal Pharmaceuticals upside and downside potential and time the market with a certain degree of confidence.

Amneal Pharmaceuticals Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Amneal Pharmaceuticals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amneal Pharmaceuticals' standard deviation. In reality, there are many statistical measures that can use Amneal Pharmaceuticals historical prices to predict the future Amneal Pharmaceuticals' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Amneal Pharmaceuticals' 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 Amneal Pharmaceuticals in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.102.076.15
Details
Intrinsic
Valuation
LowReal ValueHigh
0.163.237.31
Details
Naive
Forecast
LowNext ValueHigh
0.0385281.936.01
Details
5 Analysts
Consensus
LowTarget PriceHigh
5.006.678.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Amneal Pharmaceuticals. Your research has to be compared to or analyzed against Amneal Pharmaceuticals' peers to derive any actionable benefits. When done correctly, Amneal Pharmaceuticals' 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 Amneal Pharmaceuticals.

Amneal Pharmaceuticals Backtested Returns

Amneal Pharmaceuticals secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had -0.16% of return per unit of risk over the last 3 months. Macroaxis standpoint towards 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. Amneal Pharmaceuticals exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Amneal Pharmaceuticals mean deviation of 3.16, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.001, which signifies a somewhat significant risk relative to the market. Let's try to break down what Amneal's beta means in this case. Amneal Pharmaceuticals returns are very sensitive to returns on the market. As the market goes up or down, Amneal Pharmaceuticals is expected to follow. Even though it is essential to pay attention to Amneal Pharmaceuticals historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Amneal Pharmaceuticals exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Amneal Pharmaceuticals has an expected return of -0.67%. Please be advised to confirm Amneal Pharmaceuticals treynor ratio, as well as the relationship between the expected short fall and day median price to decide if Amneal Pharmaceuticals performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.18  

Insignificant reverse predictability

Amneal Pharmaceuticals has insignificant reverse predictability. Overlapping area represents the amount of predictability between Amneal Pharmaceuticals time series from 26th of August 2022 to 10th of September 2022 and 10th of September 2022 to 25th of September 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 Amneal Pharmaceuticals price movement. The serial correlation of -0.18 indicates that over 18.0% of current Amneal Pharmaceuticals price fluctuation can be explain by its past prices.
Correlation Coefficient-0.18
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.01

Amneal Pharmaceuticals lagged returns against current returns

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

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

Amneal Pharmaceuticals Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Amneal Pharmaceuticals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Correlation

Compare performance and examine fundamental relationship between any two equity instruments
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Pair Trading with Amneal Pharmaceuticals

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 Amneal Pharmaceuticals 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 Amneal Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Amneal Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amneal Pharmaceuticals 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 Amneal Pharmaceuticals - 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 Amneal Pharmaceuticals to buy it.
The correlation of Amneal Pharmaceuticals 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 Amneal Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amneal Pharmaceuticals 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 Amneal Pharmaceuticals 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 Amneal Pharmaceuticals Correlation, Amneal Pharmaceuticals Volatility and Amneal Pharmaceuticals Alpha and Beta module to complement your research on Amneal Pharmaceuticals. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for analysis

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