Agco Corporation Stock Market Value
| AGCO Stock | USD 101.84 0.22 0.22% |
| Symbol | AGCO |
AGCO Price To Book Ratio
Is Agricultural & Farm Machinery space 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 (0.27) | Dividend Share 1.16 | Earnings Share 14.78 | Revenue Per Share 187.455 | Quarterly Revenue Growth (0.12) |
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.
| 03/14/2024 |
| 06/12/2024 |
If you would invest 0.00 in AGCO on March 14, 2024 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 90 days. AGCO is related to or competes with Nikola Corp, PACCAR, Lindsay, Alamo, Caterpillar, Manitowoc, and Wabash National. 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 | (0.07) | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 2.51 |
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 | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.1) |
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 -0.0989, which signifies that the company had a -0.0989% 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 market risk adjusted performance of (0.09), and Variance of 2.62 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.13, which signifies a somewhat significant risk relative to the market. AGCO returns are very sensitive to returns on the market. As the market goes up or down, AGCO is expected to follow. At this point, AGCO has a negative expected return of -0.16%. Please make sure to confirm AGCO's 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 | 0.19 |
Very weak predictability
AGCO Corporation has very weak predictability. Overlapping area represents the amount of predictability between AGCO time series from 14th of March 2024 to 28th of April 2024 and 28th of April 2024 to 12th of June 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 0.19 indicates that over 19.0% of current AGCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 17.08 |
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 |
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When determining whether AGCO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AGCO'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 Agco Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agco Corporation Stock:Check out AGCO Correlation, AGCO Volatility and AGCO Alpha and Beta module to complement your research on AGCO. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.