Amgen Inc Bond Technical Analysis
| 031162DB3 | 86.56 3.64 4.04% |
As of the 11th of December 2024, AMGEN shows the Standard Deviation of 0.8546, risk adjusted performance of (0.07), and Mean Deviation of 0.3449. Concerning fundamental indicators, the technical analysis model gives you tools to check possible technical drivers of AMGEN, as well as the relationship between them.
AMGEN Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AMGEN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AMGENAMGEN |
AMGEN technical bond 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, bond market cycles, or different charting patterns.
AMGEN INC Trend Analysis
Use this graph to draw trend lines for AMGEN INC. You can use it to identify possible trend reversals for AMGEN as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual AMGEN price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AMGEN Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AMGEN INC applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that AMGEN INC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 110.39, which is the sum of squared deviations for the predicted AMGEN price change compared to its average price change.About AMGEN Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of AMGEN INC on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of AMGEN INC based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on AMGEN INC price pattern first instead of the macroeconomic environment surrounding AMGEN INC. By analyzing AMGEN's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of AMGEN's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to AMGEN specific price patterns or momentum indicators. Please read more on our technical analysis page.
AMGEN December 11, 2024 Technical Indicators
Most technical analysis of AMGEN help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AMGEN from various momentum indicators to cycle indicators. When you analyze AMGEN charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | 1.17 | |||
| Mean Deviation | 0.3449 | |||
| Coefficient Of Variation | (1,078) | |||
| Standard Deviation | 0.8546 | |||
| Variance | 0.7304 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 1.16 | |||
| Maximum Drawdown | 4.64 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 0.2879 | |||
| Skewness | 0.3556 | |||
| Kurtosis | 18.48 |
Other Information on Investing in AMGEN Bond
AMGEN financial ratios help investors to determine whether AMGEN Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AMGEN with respect to the benefits of owning AMGEN security.