| AMZ Stock | | | EUR 116.98 0.80 0.68% |
If you're considering investing in Amazon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Amazon stands at
116.98, as last reported on the 16th of June 2024, with the highest price reaching
118.58 and the lowest price hitting
116.98 during the day. We have found thirty
technical indicators for Amazon Inc, which you can use to evaluate the volatility of the firm. Please confirm Amazon's
mean deviation of 1.35, and Risk Adjusted Performance of 0.1269 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Amazon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0
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Based on monthly moving average Amazon is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of
Amazon by adding Amazon to a
well-diversified portfolio.
Amazon Valuation on March 21, 2024
It is possible to determine the worth of Amazon on a given historical date. On March 21, 2024 Amazon was worth 117.78 at the beginning of the trading date compared to the closed value of 116.98. We use multiple weighted factors in our valuation methodologies to arrive at
the intrinsic value of Amazon stock. Still, in general, we apply an absolute valuation method to find Amazon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Amazon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amazon's related companies.
| Open | High | Low | Close | Volume |
| 119.58 | 120.14 | 116.56 | 116.60 | 301.00 |
07/21/2023 | 117.78 | 118.58 | 116.98 | 116.98 | 478.00 |
| 117.78 | 118.58 | 116.98 | 116.98 | 0.00 |
Amazon Trading Date Momentum on March 21, 2024
| On June 16 2024 Amazon Inc was traded for 116.98 at the closing time. The maximum traded price for the trading interval was 118.58 and the lowest daily price was 116.98 . There was no trading activity during the period 0.0. Lack of trading volume on 16th of June 2024 did not affect price variability. The overall trading delta to the closing price today is 0.68% . |
Amazon Inc Fundamentals Correlations and Trends
By evaluating Amazon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Amazon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amazon financial account trend analysis is a perfect complement when working with valuation or volatility modules.
About Amazon Stock history
Amazon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Amazon is vital when making an investment decision, and regardless of whether you use fundamental or
technical analysis, your return on investment in Amazon Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Amazon
stock prices may prove useful in developing a viable investing in Amazon
Amazon Stock Technical Analysis
Amazon 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 Amazon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Amazon 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.
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Amazon June 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Amazon stock reacts to ongoing and evolving market conditions. The investors can use it to
make informed decisions about market timing, and determine when trading Amazon shares will generate the highest return on investment. By undertsting and applying Amazon stock market strength indicators, traders can identify Amazon Inc entry and exit signals to maximize returns
Amazon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amazon's price direction in advance. Along with the technical and
fundamental analysis of Amazon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amazon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Additional Tools for Amazon Stock Analysis
When running Amazon's price analysis, check to
measure Amazon'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 Amazon is operating at the current time. Most of Amazon's value examination focuses on studying past and present price action to
predict the probability of Amazon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amazon's price. Additionally, you may evaluate how the addition of Amazon to your portfolios can decrease your overall portfolio volatility.