Amphenol Stock Market Value

APH Stock  USD 115.30  1.96  1.73%   
Amphenol's market value is the price at which a share of Amphenol trades on a public exchange. It measures the collective expectations of Amphenol investors about its performance. Amphenol is trading at 115.30 as of the 28th of March 2024. This is a 1.73 percent increase since the beginning of the trading day. The stock's open price was 113.34.
With this module, you can estimate the performance of a buy and hold strategy of Amphenol and determine expected loss or profit from investing in Amphenol over a given investment horizon. Check out Amphenol Correlation, Amphenol Volatility and Amphenol Alpha and Beta module to complement your research on Amphenol.
For more detail on how to invest in Amphenol Stock please use our How to Invest in Amphenol guide.
Symbol

Amphenol Price To Book Ratio

Is Amphenol's industry 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 Amphenol. If investors know Amphenol 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 Amphenol 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
0.011
Dividend Share
0.85
Earnings Share
3.11
Revenue Per Share
21.047
Quarterly Revenue Growth
0.027
The market value of Amphenol is measured differently than its book value, which is the value of Amphenol that is recorded on the company's balance sheet. Investors also form their own opinion of Amphenol's value that differs from its market value or its book value, called intrinsic value, which is Amphenol'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 Amphenol's market value can be influenced by many factors that don't directly affect Amphenol'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 Amphenol's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amphenol is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amphenol'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.

Amphenol '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 Amphenol'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 Amphenol.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Amphenol on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Amphenol or generate 0.0% return on investment in Amphenol over 30 days. Amphenol is related to or competes with Kimball Electronics, Ubiquiti Networks, Moving IMage, Markforged Holding, and AmpliTech. Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electroni... More

Amphenol 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 Amphenol'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 Amphenol upside and downside potential and time the market with a certain degree of confidence.

Amphenol Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Amphenol's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amphenol's standard deviation. In reality, there are many statistical measures that can use Amphenol historical prices to predict the future Amphenol's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amphenol's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
114.20115.25116.30
Details
Intrinsic
Valuation
LowRealHigh
107.47108.52126.83
Details
Naive
Forecast
LowNextHigh
114.68115.73116.78
Details
16 Analysts
Consensus
LowTargetHigh
86.3794.91105.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Amphenol. Your research has to be compared to or analyzed against Amphenol's peers to derive any actionable benefits. When done correctly, Amphenol's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Amphenol.

Amphenol Backtested Returns

Amphenol appears to be very steady, given 3 months investment horizon. Amphenol secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amphenol, which you can use to evaluate the volatility of the firm. Please makes use of Amphenol's Downside Deviation of 0.9515, mean deviation of 0.7906, and Risk Adjusted Performance of 0.1416 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Amphenol holds a performance score of 18. The firm shows a Beta (market volatility) of 1.28, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Amphenol will likely underperform. Please check Amphenol's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Amphenol's price patterns will revert.

Auto-correlation

    
  0.48  

Average predictability

Amphenol has average predictability. Overlapping area represents the amount of predictability between Amphenol time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Amphenol price movement. The serial correlation of 0.48 indicates that about 48.0% of current Amphenol price fluctuation can be explain by its past prices.
Correlation Coefficient0.48
Spearman Rank Test0.45
Residual Average0.0
Price Variance5.05

Amphenol lagged returns against current returns

Autocorrelation, which is Amphenol 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 Amphenol's stock expected returns. We can calculate the autocorrelation of Amphenol returns to help us make a trade decision. For example, suppose you find that Amphenol 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  

Amphenol 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 Amphenol stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amphenol stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amphenol stock over time.
   Current vs Lagged Prices   
       Timeline  

Amphenol Lagged Returns

When evaluating Amphenol's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amphenol stock have on its future price. Amphenol 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, Amphenol autocorrelation shows the relationship between Amphenol stock current value and its past values and can show if there is a momentum factor associated with investing in Amphenol.
   Regressed Prices   
       Timeline  

Pair Trading with Amphenol

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 Amphenol 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 Amphenol will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amphenol Stock

  0.78MINM Minim Inc Report 3rd of April 2024 PairCorr

Moving against Amphenol Stock

  0.92MITQ Moving IMage TechnologiesPairCorr
  0.8UI Ubiquiti Networks Financial Report 3rd of May 2024 PairCorr
  0.79FKWL Franklin Wireless CorpPairCorr
  0.69KN Knowles Cor Financial Report 25th of April 2024 PairCorr
  0.54CAN Canaan Inc Financial Report 24th of May 2024 PairCorr
The ability to find closely correlated positions to Amphenol could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amphenol 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 Amphenol - 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 Amphenol to buy it.
The correlation of Amphenol 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 Amphenol moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amphenol 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 Amphenol 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.
Pair CorrelationCorrelation Matching
When determining whether Amphenol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amphenol's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amphenol Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amphenol Stock:
Check out Amphenol Correlation, Amphenol Volatility and Amphenol Alpha and Beta module to complement your research on Amphenol.
For more detail on how to invest in Amphenol Stock please use our How to Invest in Amphenol guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Amphenol's price analysis, check to measure Amphenol'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 Amphenol is operating at the current time. Most of Amphenol's value examination focuses on studying past and present price action to predict the probability of Amphenol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amphenol's price. Additionally, you may evaluate how the addition of Amphenol to your portfolios can decrease your overall portfolio volatility.
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Amphenol technical stock 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, stock market cycles, or different charting patterns.
A focus of Amphenol technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Amphenol trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...