Ameriprise Financial Stock Market Value
| AMP Stock | USD 542.39 3.61 0.67% |
| Symbol | Ameriprise |
Ameriprise Financial Price To Book Ratio
Is Asset Management & Custody Banks 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 Ameriprise Financial. If investors know Ameriprise 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 Ameriprise Financial 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 (0.39) | Dividend Share 5.66 | Earnings Share 26.18 | Revenue Per Share 170.862 | Quarterly Revenue Growth 0.119 |
The market value of Ameriprise Financial is measured differently than its book value, which is the value of Ameriprise that is recorded on the company's balance sheet. Investors also form their own opinion of Ameriprise Financial's value that differs from its market value or its book value, called intrinsic value, which is Ameriprise Financial'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 Ameriprise Financial's market value can be influenced by many factors that don't directly affect Ameriprise Financial'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 Ameriprise Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameriprise Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameriprise Financial'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.
Ameriprise Financial '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 Ameriprise Financial'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 Ameriprise Financial.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Ameriprise Financial on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Ameriprise Financial or generate 0.0% return on investment in Ameriprise Financial over 30 days. Ameriprise Financial is related to or competes with State Street, Bank of New York, SEI Investments, Principal Financial, Affiliated Managers, BlackRock Capital, and Brookfield Business. Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and... More
Ameriprise Financial 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 Ameriprise Financial'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 Ameriprise Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.1195 | |||
| Maximum Drawdown | 13.9 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.96 |
Ameriprise Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ameriprise Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ameriprise Financial's standard deviation. In reality, there are many statistical measures that can use Ameriprise Financial historical prices to predict the future Ameriprise Financial's volatility.| Risk Adjusted Performance | 0.1251 | |||
| Jensen Alpha | 0.2372 | |||
| Total Risk Alpha | 0.1542 | |||
| Sortino Ratio | 0.1463 | |||
| Treynor Ratio | 1.07 |
Ameriprise Financial Backtested Returns
Ameriprise Financial appears to be very steady, given 3 months investment horizon. Ameriprise Financial secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Ameriprise Financial, which you can use to evaluate the volatility of the firm. Please makes use of Ameriprise Financial's risk adjusted performance of 0.1251, and Mean Deviation of 0.9579 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ameriprise Financial holds a performance score of 11. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ameriprise Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ameriprise Financial is expected to be smaller as well. Please check Ameriprise Financial's maximum drawdown, and the relationship between the information ratio and expected short fall , to make a quick decision on whether Ameriprise Financial's price patterns will revert.
Auto-correlation | 0.42 |
Average predictability
Ameriprise Financial has average predictability. Overlapping area represents the amount of predictability between Ameriprise Financial time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Ameriprise Financial price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Ameriprise Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 85.88 |
Ameriprise Financial lagged returns against current returns
Autocorrelation, which is Ameriprise Financial 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 Ameriprise Financial's stock expected returns. We can calculate the autocorrelation of Ameriprise Financial returns to help us make a trade decision. For example, suppose you find that Ameriprise Financial 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 |
Ameriprise Financial 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 Ameriprise Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ameriprise Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ameriprise Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Ameriprise Financial Lagged Returns
When evaluating Ameriprise Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ameriprise Financial stock have on its future price. Ameriprise Financial 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, Ameriprise Financial autocorrelation shows the relationship between Ameriprise Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Ameriprise Financial.
Regressed Prices |
| Timeline |
Pair Trading with Ameriprise Financial
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 Ameriprise Financial 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 Ameriprise Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Ameriprise Stock
| 0.87 | V | Visa Class A | PairCorr |
| 0.71 | DHIL | Diamond Hill Investment | PairCorr |
| 0.83 | DIST | Distoken Acquisition | PairCorr |
| 0.62 | AC | Associated Capital | PairCorr |
Moving against Ameriprise Stock
| 0.78 | WU | Western Union | PairCorr |
| 0.7 | LU | Lufax Holding | PairCorr |
| 0.54 | XP | Xp Inc | PairCorr |
| 0.46 | PWUPU | PowerUp Acquisition Corp | PairCorr |
| 0.39 | PT | Pintec Technology | PairCorr |
The ability to find closely correlated positions to Ameriprise Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ameriprise Financial 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 Ameriprise Financial - 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 Ameriprise Financial to buy it.
The correlation of Ameriprise Financial is a statistical measure of how it moves in relation to other instruments. 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 Ameriprise Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameriprise Financial 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 Ameriprise Financial 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.Additional Tools for Ameriprise Stock Analysis
When running Ameriprise Financial's price analysis, check to measure Ameriprise Financial'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 Ameriprise Financial is operating at the current time. Most of Ameriprise Financial's value examination focuses on studying past and present price action to predict the probability of Ameriprise Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ameriprise Financial's price. Additionally, you may evaluate how the addition of Ameriprise Financial to your portfolios can decrease your overall portfolio volatility.