Amgen Inc Stock Filter Stocks by Fundamentals
AMG Stock | EUR 264.60 0.20 0.08% |
Amgen Inc fundamentals help investors to digest information that contributes to Amgen's financial success or failures. It also enables traders to predict the movement of Amgen Stock. The fundamental analysis module provides a way to measure Amgen's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Amgen stock.
Amgen |
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Amgen Fundamentals
Return On Equity | 1.26 | |||
Return On Asset | 0.0997 | |||
Profit Margin | 0.25 % | |||
Operating Margin | 0.38 % | |||
Current Valuation | 163.09 B | |||
Shares Outstanding | 533.98 M | |||
Shares Owned By Insiders | 0.20 % | |||
Shares Owned By Institutions | 79.91 % | |||
Price To Earning | 17.42 X | |||
Price To Book | 38.95 X | |||
Price To Sales | 5.08 X | |||
Revenue | 26.32 B | |||
Gross Profit | 19.92 B | |||
EBITDA | 12.17 B | |||
Net Income | 6.55 B | |||
Cash And Equivalents | 8.08 B | |||
Cash Per Share | 14.23 X | |||
Total Debt | 37.35 B | |||
Debt To Equity | 3.98 % | |||
Current Ratio | 1.31 X | |||
Book Value Per Share | 6.86 X | |||
Cash Flow From Operations | 9.72 B | |||
Earnings Per Share | 11.41 X | |||
Price To Earnings To Growth | 1.52 X | |||
Number Of Employees | 25.2 K | |||
Beta | 0.63 | |||
Market Capitalization | 117.72 B | |||
Total Asset | 65.12 B | |||
Z Score | 1.8 | |||
Annual Yield | 0.04 % | |||
Five Year Return | 2.61 % | |||
Net Asset | 65.12 B | |||
Last Dividend Paid | 7.76 |
About Amgen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amgen Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amgen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amgen Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. Amgen Inc. was founded in 1980 and is headquartered in Thousand Oaks, California. AMGEN INC operates under Drug ManufacturersGeneral classification in Germany and is traded on Frankfurt Stock Exchange. It employs 24300 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amgen in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amgen's short interest history, or implied volatility extrapolated from Amgen options trading.
Pair Trading with Amgen
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 Amgen 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 Amgen will appreciate offsetting losses from the drop in the long position's value.Moving against Amgen Stock
0.66 | DBPE | Xtrackers - LevDAX | PairCorr |
0.57 | E908 | Lyxor 1 - | PairCorr |
0.56 | BFP | BBVA Banco Frances | PairCorr |
0.55 | 893 | MITSUBISHI KAKOKI | PairCorr |
0.42 | HCMA | HITACHI STRMACHADR2 | PairCorr |
The ability to find closely correlated positions to Amgen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amgen 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 Amgen - 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 Amgen Inc to buy it.
The correlation of Amgen 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 Amgen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amgen Inc 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 Amgen 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.Check out Amgen Piotroski F Score and Amgen Altman Z Score analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Amgen Stock analysis
When running Amgen's price analysis, check to measure Amgen'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 Amgen is operating at the current time. Most of Amgen's value examination focuses on studying past and present price action to predict the probability of Amgen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amgen's price. Additionally, you may evaluate how the addition of Amgen to your portfolios can decrease your overall portfolio volatility.
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