Ametek (UK) Market Value
| 0HF7 Stock | 183.87 1.44 0.79% |
| Symbol | Ametek |
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.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Ametek on November 22, 2024 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 Samsung Electronics, Samsung Electronics, Hyundai, Reliance Industries, Panasonic Corp, and Halyk Bank. Ametek is entity of United Kingdom. It is traded as Stock on LSE exchange. 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.
| Downside Deviation | 0.9669 | |||
| Information Ratio | 0.0596 | |||
| Maximum Drawdown | 11.52 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.71 |
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.| Risk Adjusted Performance | 0.0682 | |||
| Jensen Alpha | 0.1136 | |||
| Total Risk Alpha | 0.0727 | |||
| Sortino Ratio | 0.0986 | |||
| Treynor Ratio | 0.6698 |
Ametek Inc Backtested Returns
Currently, Ametek Inc is very steady. Ametek Inc secures Sharpe Ratio (or Efficiency) of 0.0784, which signifies that the company had a 0.0784% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Ametek Inc, which you can use to evaluate the volatility of the firm. Please confirm Ametek's risk adjusted performance of 0.0682, and Mean Deviation of 0.858 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Ametek has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ametek's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ametek is expected to be smaller as well. Ametek Inc right now shows a risk of 1.6%. Please confirm Ametek Inc downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Ametek Inc will be following its price patterns.
Auto-correlation | 0.74 |
Good predictability
Ametek Inc has good predictability. Overlapping area represents the amount of predictability between Ametek time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd of December 2024. 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 0.74 indicates that around 74.0% of current Ametek price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 6.3 |
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 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 price movement to match the lagging time series.
Current and Lagged Values |
| 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 |
| 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 |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Ametek Stock Analysis
When running Ametek's 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 the 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.