Amazon Inc Stock Price on October 29, 2024
| AMZN Stock | USD 207.89 2.15 1.05% |
If you're considering investing in Amazon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Amazon stands at 207.89, as last reported on the 30th of November, with the highest price reaching 208.20 and the lowest price hitting 204.59 during the day. Amazon appears to be very steady, given 3 months investment horizon. Amazon Inc secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Amazon Inc, which you can use to evaluate the volatility of the firm. Please makes use of Amazon's mean deviation of 1.42, and Risk Adjusted Performance of 0.1217 to double-check if our risk estimates are consistent with your expectations.
Amazon reported last year Sale Purchase Of Stock of (6 Billion). As of the 30th of November 2024, Stock Based Compensation is likely to grow to about 25.2 B, while Common Stock Shares Outstanding is likely to drop about 9.4 B. . At this time, Amazon's Price To Sales Ratio is very stable compared to the past year. As of the 30th of November 2024, Price Earnings Ratio is likely to grow to 54.03, while Price Book Value Ratio is likely to drop 7.37. Amazon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Amazon |
Sharpe Ratio = 0.1516
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Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Amazon is performing at about 11% of its full potential. 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 Amazon by adding it to a well-diversified portfolio.
Amazon Valuation on October 29, 2024
It is possible to determine the worth of Amazon on a given historical date. On October 29, 2024 Amazon was worth 188.58 at the beginning of the trading date compared to the closed value of 190.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amazon stock. Still, in general, we apply an absolute valuation method to find Amazon'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 Amazon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amazon's related companies.
| Open | High | Low | Close | Volume | |
| 189.57 | 190.21 | 188.21 | 188.39 | 27,891,772 | |
10/29/2024 | 188.58 | 191.46 | 187.82 | 190.83 | 35,541,125 |
| 194.70 | 195.61 | 192.42 | 192.73 | 37,411,605 |
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Amazon Trading Date Momentum on October 29, 2024
| On October 30 2024 Amazon Inc was traded for 192.73 at the closing time. The top price for the day was 195.61 and the lowest listed price was 192.42 . The trading volume for the day was 37.4 M. The trading history from October 30, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.00% . The overall trading delta against the current closing price is 9.90% . |
Amazon Inc Fundamentals Correlations and Trends
By evaluating Amazon'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 Amazon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amazon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Amazon Stock history
Amazon 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 Amazon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amazon Inc 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 Amazon stock prices may prove useful in developing a viable investing in Amazon
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.5 B | 9.4 B | |
| Net Loss | -3.1 B | -3 B |
Amazon Stock Technical Analysis
Amazon 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
Amazon Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Amazon November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Amazon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amazon shares will generate the highest return on investment. By undertsting and applying Amazon stock market strength indicators, traders can identify Amazon Inc entry and exit signals to maximize returns
Amazon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amazon's price direction in advance. Along with the technical and fundamental analysis of Amazon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amazon 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 | 0.1217 | |||
| Jensen Alpha | 0.1327 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0802 | |||
| Treynor Ratio | 0.2519 |
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| Math Transform | ||
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amazon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Broadline Retail 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 Amazon. If investors know Amazon 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 Amazon 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 Amazon Inc is measured differently than its book value, which is the value of Amazon that is recorded on the company's balance sheet. Investors also form their own opinion of Amazon's value that differs from its market value or its book value, called intrinsic value, which is Amazon'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 Amazon's market value can be influenced by many factors that don't directly affect Amazon'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 Amazon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amazon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amazon'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.