Agco Corporation Stock Market Value
| AGCO Stock | USD 118.75 2.02 1.73% |
| Symbol | AGCO |
AGCO Price To Book Ratio
Is AGCO'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 AGCO. If investors know AGCO 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 AGCO 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 0.055 | Dividend Share 1.11 | Earnings Share 15.63 | Revenue Per Share 192.679 | Quarterly Revenue Growth (0.03) |
The market value of AGCO is measured differently than its book value, which is the value of AGCO that is recorded on the company's balance sheet. Investors also form their own opinion of AGCO's value that differs from its market value or its book value, called intrinsic value, which is AGCO'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 AGCO's market value can be influenced by many factors that don't directly affect AGCO'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 AGCO's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGCO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGCO'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.
AGCO '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 AGCO'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 AGCO.
| 04/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in AGCO on April 30, 2022 and sell it all today you would earn a total of 0.00 from holding AGCO Corporation or generate 0.0% return on investment in AGCO over 720 days. AGCO is related to or competes with Shyft, Manitowoc, Oshkosh, Terex, Alamo, Hyster Yale, and Columbus McKinnon. AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide More
AGCO 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 AGCO'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 AGCO Corporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 6.27 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.11 |
AGCO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGCO's standard deviation. In reality, there are many statistical measures that can use AGCO historical prices to predict the future AGCO's volatility.| Risk Adjusted Performance | 0.0036 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AGCO'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.
AGCO Backtested Returns
AGCO retains Efficiency (Sharpe Ratio) of -0.0042, which signifies that the company had a -0.0042% return per unit of risk over the last 3 months. AGCO exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AGCO's variance of 2.21, and Market Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.94, which signifies possible diversification benefits within a given portfolio. AGCO returns are very sensitive to returns on the market. As the market goes up or down, AGCO is expected to follow. AGCO has an expected return of -0.0062%. Please make sure to confirm AGCO Corporation treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if AGCO performance from the past will be repeated at some future date.
Auto-correlation | -0.61 |
Very good reverse predictability
AGCO Corporation has very good reverse predictability. Overlapping area represents the amount of predictability between AGCO time series from 30th of April 2022 to 25th of April 2023 and 25th of April 2023 to 19th of April 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 AGCO price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current AGCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 46.34 |
AGCO lagged returns against current returns
Autocorrelation, which is AGCO 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 AGCO's stock expected returns. We can calculate the autocorrelation of AGCO returns to help us make a trade decision. For example, suppose you find that AGCO 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 |
AGCO 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 AGCO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGCO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGCO stock over time.
Current vs Lagged Prices |
| Timeline |
AGCO Lagged Returns
When evaluating AGCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGCO stock have on its future price. AGCO 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, AGCO autocorrelation shows the relationship between AGCO stock current value and its past values and can show if there is a momentum factor associated with investing in AGCO Corporation.
Regressed Prices |
| Timeline |
AGCO Investors Sentiment
The influence of AGCO's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AGCO. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AGCO's public news can be used to forecast risks associated with an investment in AGCO. The trend in average sentiment can be used to explain how an investor holding AGCO can time the market purely based on public headlines and social activities around AGCO Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AGCO's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AGCO's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AGCO's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AGCO.
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 AGCO 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, AGCO's short interest history, or implied volatility extrapolated from AGCO options trading.
Pair Trading with AGCO
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 AGCO 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 AGCO will appreciate offsetting losses from the drop in the long position's value.Moving together with AGCO Stock
| 0.9 | DE | Deere Company Sell-off Trend | PairCorr |
The ability to find closely correlated positions to AGCO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGCO 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 AGCO - 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 AGCO Corporation to buy it.
The correlation of AGCO 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 AGCO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGCO 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 AGCO 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 AGCO Correlation, AGCO Volatility and AGCO Alpha and Beta module to complement your research on AGCO. Note that the AGCO information on this page should be used as a complementary analysis to other AGCO's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for AGCO Stock analysis
When running AGCO's price analysis, check to measure AGCO'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 AGCO is operating at the current time. Most of AGCO's value examination focuses on studying past and present price action to predict the probability of AGCO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGCO's price. Additionally, you may evaluate how the addition of AGCO to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |
AGCO 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.