Amn Healthcare Services Stock Market Value
| AMN Stock | USD 19.82 0.52 2.56% |
| Symbol | AMN |
Is Health Care Providers & Services 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 AMN Healthcare. If investors know AMN 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 AMN Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of AMN Healthcare Services is measured differently than its book value, which is the value of AMN that is recorded on the company's balance sheet. Investors also form their own opinion of AMN Healthcare's value that differs from its market value or its book value, called intrinsic value, which is AMN Healthcare'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 AMN Healthcare's market value can be influenced by many factors that don't directly affect AMN Healthcare'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 AMN Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMN Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMN Healthcare'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.
AMN Healthcare '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 AMN Healthcare'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 AMN Healthcare.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in AMN Healthcare on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding AMN Healthcare Services or generate 0.0% return on investment in AMN Healthcare over 90 days. AMN Healthcare is related to or competes with Acadia Healthcare, Addus HomeCare, Amedisys, ASGN, Atkore International, Badger Meter, and Boot Barn. AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to hospitals and healthcare ... More
AMN Healthcare 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 AMN Healthcare'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 AMN Healthcare Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | 0.0247 | |||
| Maximum Drawdown | 12.47 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 4.24 |
AMN Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMN Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMN Healthcare's standard deviation. In reality, there are many statistical measures that can use AMN Healthcare historical prices to predict the future AMN Healthcare's volatility.| Risk Adjusted Performance | 0.0765 | |||
| Jensen Alpha | 0.2238 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0253 | |||
| Treynor Ratio | (1.12) |
AMN Healthcare Services Backtested Returns
AMN Healthcare appears to be not too volatile, given 3 months investment horizon. AMN Healthcare Services secures Sharpe Ratio (or Efficiency) of 0.0747, which signifies that the company had a 0.0747 % return per unit of return volatility over the last 3 months. We have found thirty technical indicators for AMN Healthcare Services, which you can use to evaluate the volatility of the firm. Please makes use of AMN Healthcare's Semi Deviation of 2.41, risk adjusted performance of 0.0765, and Mean Deviation of 2.18 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AMN Healthcare holds a performance score of 5. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AMN Healthcare are expected to decrease at a much lower rate. During the bear market, AMN Healthcare is likely to outperform the market. Please check AMN Healthcare's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether AMN Healthcare's price patterns will revert.
Auto-correlation | 0.10 |
Insignificant predictability
AMN Healthcare Services has insignificant predictability. Overlapping area represents the amount of predictability between AMN Healthcare time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AMN Healthcare Services price movement. The serial correlation of 0.1 indicates that less than 10.0% of current AMN Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
AMN Healthcare Services lagged returns against current returns
Autocorrelation, which is AMN Healthcare 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 AMN Healthcare's stock expected returns. We can calculate the autocorrelation of AMN Healthcare returns to help us make a trade decision. For example, suppose you find that AMN Healthcare 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 |
AMN Healthcare 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 AMN Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMN Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMN Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
AMN Healthcare Lagged Returns
When evaluating AMN Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMN Healthcare stock have on its future price. AMN Healthcare 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, AMN Healthcare autocorrelation shows the relationship between AMN Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in AMN Healthcare Services.
Regressed Prices |
| Timeline |
Pair Trading with AMN Healthcare
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 AMN Healthcare 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 AMN Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving together with AMN Stock
| 0.71 | LH | Laboratory Earnings Call This Week | PairCorr |
Moving against AMN Stock
| 0.53 | ECOR | Electrocore LLC | PairCorr |
| 0.51 | ICCM | Icecure Medical | PairCorr |
| 0.47 | DRIO | DarioHealth Corp | PairCorr |
| 0.47 | VSEE | VSee Health, | PairCorr |
| 0.37 | EKSO | Ekso Bionics Holdings Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to AMN Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMN Healthcare 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 AMN Healthcare - 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 AMN Healthcare Services to buy it.
The correlation of AMN Healthcare 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 AMN Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMN Healthcare Services 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 AMN Healthcare 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 AMN Healthcare Correlation, AMN Healthcare Volatility and AMN Healthcare Alpha and Beta module to complement your research on AMN Healthcare. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
AMN Healthcare 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.