Advanced Return On Equity from 2010 to 2024
| AMD Stock | USD 144.27 14.11 8.91% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.0217 | Current Value 0.0206 | Quarterly Volatility 0.4205284 |
Check Advanced Micro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advanced main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.7 B, Interest Expense of 100.7 M or Selling General Administrative of 2.4 B, as well as many exotic indicators such as Price To Sales Ratio of 4.05, Dividend Yield of 0.0 or PTB Ratio of 1.58. Advanced financial statements analysis is a perfect complement when working with Advanced Micro Valuation or Volatility modules.
Advanced | Return On Equity |
Latest Advanced Micro's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Advanced Micro Devices over the last few years. Return on Equity is the amount of Advanced Micro Devices net income returned as a percentage of Advanced Micro equity. Return on equity measures Advanced Micro profitability by revealing how much profit Advanced Micro Devices generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Advanced Micro's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Advanced Micro's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0201 | 10 Years Trend |
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Return On Equity |
| Timeline |
Advanced Return On Equity Regression Statistics
| Arithmetic Mean | 0.18 | |
| Coefficient Of Variation | 229.73 | |
| Mean Deviation | 0.27 | |
| Median | 0.42 | |
| Standard Deviation | 0.42 | |
| Sample Variance | 0.18 | |
| Range | 1.6165 | |
| R-Value | (0.18) | |
| Mean Square Error | 0.18 | |
| R-Squared | 0.03 | |
| Significance | 0.51 | |
| Slope | (0.02) | |
| Total Sum of Squares | 2.48 |
Advanced Return On Equity History
About Advanced Micro Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Advanced Micro income statement, its balance sheet, and the statement of cash flows. Advanced Micro investors use historical funamental indicators, such as Advanced Micro's Return On Equity, to determine how well the company is positioned to perform in the future. Although Advanced Micro investors may use each financial statement separately, they are all related. The changes in Advanced Micro's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Advanced Micro's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Advanced Micro Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Advanced Micro. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.02 | 0.02 |
Pair Trading with Advanced Micro
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 Advanced Micro 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 Advanced Micro will appreciate offsetting losses from the drop in the long position's value.Moving together with Advanced Stock
| 0.74 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
Moving against Advanced Stock
| 0.62 | NN | Nextnav Acquisition Corp Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Advanced Micro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Micro 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 Advanced Micro - 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 Advanced Micro Devices to buy it.
The correlation of Advanced Micro 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 Advanced Micro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced Micro Devices 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 Advanced Micro 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 the analysis of Advanced Micro Correlation against competitors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Advanced Stock analysis
When running Advanced Micro's price analysis, check to measure Advanced Micro'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 Advanced Micro is operating at the current time. Most of Advanced Micro's value examination focuses on studying past and present price action to predict the probability of Advanced Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Micro's price. Additionally, you may evaluate how the addition of Advanced Micro to your portfolios can decrease your overall portfolio volatility.
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Is Advanced Micro'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 Advanced Micro. If investors know Advanced 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 Advanced Micro 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 48.693 | Earnings Share 0.52 | Revenue Per Share 14.113 | Quarterly Revenue Growth 0.022 | Return On Assets 0.0054 |
The market value of Advanced Micro Devices is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Micro's value that differs from its market value or its book value, called intrinsic value, which is Advanced Micro'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 Advanced Micro's market value can be influenced by many factors that don't directly affect Advanced Micro'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 Advanced Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Micro'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.