|Amgen Inc -- USA Stock|| |
USD 169.38 0.62 0.36%
Macroaxis gives Amgen performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.8203 which signifies that as returns on market increase, returns on owning Amgen are expected to decrease at a much smaller rate. During bear market, Amgen is likely to outperform the market.. Even though it is essential to pay attention to Amgen Inc
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Amgen Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Amgen Inc
has expected return of -0.3588%. Please be advised to confirm Amgen Inc Treynor Ratio
, and the relationship
between Standard Deviation
and Downside Variance
to decide if Amgen Inc
past performance will be repeated at some point in the near future.
Amgen Inc Relative Risk vs. Return Landscape
If you would invest 18,412
in Amgen Inc on October 19, 2017
and sell it today you would lose (1,412)
from holding Amgen Inc or give up 7.67%
of portfolio value over 30
days. Amgen Inc is currenly does not generate positive expected returns and assumes 0.8153% risk (volatility on return distribution) over the 30 days horizon. In different words, 7% of equities are less volatile than Amgen Inc and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, Amgen Inc is expected to under-perform the market. In addition to that, the company is 2.18 times more volatile than its market benchmark. It trades about -0.44 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.16 per unit of volatility.
Based on recorded statements Amgen Inc has Operating Margin of 44.49%. This is 235.27% lower than that of the Healthcare sector, and significantly higher than that of Pharmaceuticals And Biosciences
industry, The Operating Margin for all stocks is 507.79% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
Amgen Daily Price Distribution
The median price of Amgen for the period between Thu, Oct 19, 2017 and Sat, Nov 18, 2017 is 174.0 with a coefficient of variation of 2.38. The daily time series for the period is distributed with a sample standard deviation of 4.16, arithmetic mean of 174.74, and mean deviation of 3.2. The Stock received some media coverage during the period.