AMP is trading at 104.00 as of the 28th of November 2024, a 0.15 percent decrease since the beginning of the trading day. The preferred stock's open price was 104.16. AMP has hardly any chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for AMP Ltd Preferred are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Although AMP's alpha and beta are two of the key measurements used to evaluate AMP's performance over the market, the standard measures of volatility play an important role as well.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AMP preferred stock to make a market-neutral strategy. Peer analysis of AMP could also be used in its relative valuation, which is a method of valuing AMP by comparing valuation metrics with similar companies.