Advanced Micro (Germany) Price on December 2, 2024
AMD Stock | 116.30 0.26 0.22% |
If you're considering investing in Advanced Stock, it is important to understand the factors that can impact its price. As of today, the current price of Advanced Micro stands at 116.30, as last reported on the 23rd of December, with the highest price reaching 116.76 and the lowest price hitting 111.50 during the day. Advanced Micro Devices secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Advanced Micro Devices exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advanced Micro's Risk Adjusted Performance of (0.08), standard deviation of 2.24, and Mean Deviation of 1.57 to double-check the risk estimate we provide.
Advanced Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Advanced |
Sharpe Ratio = -0.1202
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Estimated Market Risk
2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Advanced Micro is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Advanced Micro by adding Advanced Micro to a well-diversified portfolio.
Advanced Micro Valuation on December 2, 2024
It is possible to determine the worth of Advanced Micro on a given historical date. On December 2, 2024 Advanced was worth 130.62 at the beginning of the trading date compared to the closed value of 135.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advanced Micro stock. Still, in general, we apply an absolute valuation method to find Advanced Micro's 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 Advanced Micro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advanced Micro's related companies.
Open | High | Low | Close | Volume | |
130.40 | 131.16 | 129.00 | 130.36 | 27,276 | |
12/02/2024 | 130.62 | 135.20 | 130.10 | 135.20 | 37,407 |
136.10 | 137.08 | 134.50 | 135.28 | 55,747 |
Backtest Advanced Micro | | | Advanced Micro History | | | Advanced Micro Valuation | Previous | Next |
Advanced Micro Trading Date Momentum on December 2, 2024
On December 03 2024 Advanced Micro Devices was traded for 135.28 at the closing time. The highest price during the trading period was 137.08 and the lowest recorded bid was listed for 134.50 . The volume for the day was 55.7 K. This history from December 3, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.06% . The overall trading delta to the current price is 7.94% . |
Advanced Micro Devices Fundamentals Correlations and Trends
By evaluating Advanced Micro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Advanced Micro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advanced financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Advanced Micro Stock history
Advanced Micro 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 Advanced is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advanced Micro Devices 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 Advanced Micro stock prices may prove useful in developing a viable investing in Advanced Micro
Advanced Micro Stock Technical Analysis
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.
Price Boundaries
Advanced Micro Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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Advanced Micro December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Advanced Micro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advanced Micro shares will generate the highest return on investment. By undertsting and applying Advanced Micro stock market strength indicators, traders can identify Advanced Micro Devices entry and exit signals to maximize returns
Advanced Micro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Advanced Micro's price direction in advance. Along with the technical and fundamental analysis of Advanced Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advanced 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 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.
Risk Adjusted Performance | (0.08) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (0.63) |
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Volume Indicators |
Additional Tools for Advanced Stock Analysis
When running Advanced Micro's 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 the 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.