Advanced Micro Devices Stock Probability of Future Stock Price Finishing Under 113.02
| AMD Stock | USD 124.60 5.39 4.52% |
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Advanced Micro Target Price Odds to finish below 113.02
The tendency of Advanced Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 113.02 or more in 90 days |
| 124.60 | 90 days | 113.02 | near 1 |
Based on a normal probability distribution, the odds of Advanced Micro to drop to $ 113.02 or more in 90 days from now is near 1 (This Advanced Micro Devices probability density function shows the probability of Advanced Stock to fall within a particular range of prices over 90 days) . Probability of Advanced Micro Devices price to stay between $ 113.02 and its current price of $124.6 at the end of the 90-day period is nearly 4.81 .
Considering the 90-day investment horizon Advanced Micro has a beta of 0.39. This suggests as returns on the market go up, Advanced Micro average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Advanced Micro Devices will be expected to be much smaller as well. Additionally Advanced Micro Devices has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Advanced Micro Price Density |
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Predictive Modules for Advanced Micro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Advanced Micro Devices. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Advanced Micro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Advanced Micro is not an exception. The market had few large corrections towards the Advanced Micro's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Advanced Micro Devices, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Advanced Micro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 14.28 | |
Ir | Information ratio | -0.14 |
Advanced Micro Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Advanced Micro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Advanced Micro Devices can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Advanced Micro generated a negative expected return over the last 90 days | |
| About 72.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Tom Lee Predicts a 10x Boom for Nvidia Breaking Down the Bull and Bear Cases |
Advanced Micro Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Advanced Stock often depends not only on the future outlook of the current and potential Advanced Micro's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Advanced Micro's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.6 B | |
| Cash And Short Term Investments | 5.8 B |
Advanced Micro Technical Analysis
Advanced Micro's future price can be derived by breaking down and analyzing its technical indicators over time. Advanced Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Advanced Micro Devices. In general, you should focus on analyzing Advanced Stock price patterns and their correlations with different microeconomic environments and drivers.
Advanced Micro Predictive Forecast Models
Advanced Micro's time-series forecasting models is one of many Advanced Micro's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Advanced Micro's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Advanced Micro Devices
Checking the ongoing alerts about Advanced Micro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Advanced Micro Devices help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Advanced Micro generated a negative expected return over the last 90 days | |
| About 72.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Tom Lee Predicts a 10x Boom for Nvidia Breaking Down the Bull and Bear Cases |
Check out Advanced Micro Backtesting, Advanced Micro Valuation, Advanced Micro Correlation, Advanced Micro Hype Analysis, Advanced Micro Volatility, Advanced Micro History as well as Advanced Micro Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Semiconductors & Semiconductor Equipment space 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 1.611 | Earnings Share 1.13 | Revenue Per Share 15.011 | Quarterly Revenue Growth 0.176 | Return On Assets 0.0125 |
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 if Advanced Micro is a good investment 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.