AMGEN INC Buy Hold or Sell Recommendation
| 031162DC1 | 67.81 3.77 5.89% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding AMGEN INC is 'Strong Sell'. Macroaxis provides AMGEN buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AMGEN positions. The advice algorithm takes into account all of AMGEN's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting AMGEN's buy or sell advice are summarized below:
Real Value 57.16 | Hype Value 67.81 | Market Value 67.81 | Naive Value 67.48 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell AMGEN INC given historical horizon and risk tolerance towards AMGEN. When Macroaxis issues a 'buy' or 'sell' recommendation for AMGEN INC, the advice is generated through an automated system that utilizes algorithms and statistical models.
AMGEN |
Execute AMGEN Buy or Sell Advice
The AMGEN recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on AMGEN INC. Macroaxis does not own or have any residual interests in AMGEN INC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute AMGEN's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds of Default | Below Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details |
AMGEN Returns Distribution Density
The distribution of AMGEN's historical returns is an attempt to chart the uncertainty of AMGEN's future price movements. The chart of the probability distribution of AMGEN daily returns describes the distribution of returns around its average expected value. We use AMGEN INC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of AMGEN returns is essential to provide solid investment advice for AMGEN.
| Mean Return | 0.04 | Value At Risk | -1.91 | Potential Upside | 1.95 | Standard Deviation | 2.46 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of AMGEN historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
AMGEN Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to AMGEN or Manufacturing sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that AMGEN's price will be affected by overall bond market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a AMGEN bond's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.04 | |
β | Beta against NYSE Composite | -0.44 | |
σ | Overall volatility | 1.19 | |
Ir | Information ratio | 0.0001 |
AMGEN Volatility Alert
AMGEN INC currently demonstrates below-average downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of 0.04. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure AMGEN's bond risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact AMGEN's bond price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.AMGEN Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as AMGEN . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.06 | |||
| Day Median Price | 67.81 | |||
| Day Typical Price | 67.81 | |||
| Price Action Indicator | 1.88 | |||
| Period Momentum Indicator | 3.77 | |||
| Relative Strength Index | 42.03 |
About AMGEN Buy or Sell Advice
When is the right time to buy or sell AMGEN INC? Buying financial instruments such as AMGEN Bond isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 40 constituents at this time.
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Check out AMGEN Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.