AMD Sees +6.91% Increase with Tickeron's Robotic Trading System
In this analysis, we delve into the performance of a notable AI trading robot known as "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)," which achieved an impressive +6.91% gain by trading Advanced Micro Devices (AMD) over the previous week. Furthermore, we will explore the recent earnings reports ofAMD, highlighting the company's surpassing of earnings estimates. These positive developments have contributed to the company's strong market capitalization and indicate favorable prospects for investors.
AI Trading Robot Performance: The "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)" AI trading robot has established itself as one of the top performers in our robot factory. Over the course of the previous week, it achieved a significant gain of +6.91% through its strategic trading of AMD. This impressive performance speaks to the effectiveness of AI algorithms in identifying profitable trading opportunities in the stock market.
AMD's Earnings Report - May 02: AMD's earnings report released on May 02 showcased its strong financial performance. The company reported earnings per share (EPS) of 60 cents, surpassing the estimated 56 cents. This positive surprise indicates the company's ability to outperform market expectations, signaling strong fundamentals. With 31.28 million shares outstanding, AMD currently boasts a market capitalization of 201.17 billion dollars.
AMD's Earnings Report - April 25: AMD's previous earnings report, published on April 25, revealed robust financial results once again. The company reported earnings per share (EPS) of $1.17, surpassing the estimated $1.08. This noteworthy beat in earnings demonstrates AMD's consistent ability to deliver strong financial performance. With 5.42 million shares outstanding, AMD currently holds a market capitalization of 1.57 trillion dollars.
Implications for Investors: The positive earnings results of AMD, coupled with the impressive performance of the "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)" AI trading robot, provide valuable insights for investors considering the stock. AMD's ability to consistently outperform earnings estimates indicates the company's strong growth trajectory and market positioning.
Investors can find confidence in AMD's robust financial performance and its positive impact on market capitalization. The current market capitalization of 201.17 billion dollars reflects the market's recognition of AMD's success, while the market capitalization of 1.57 trillion dollars showcases the company's significant growth potential.
The success of the "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)" AI trading robot in generating a +6.91% gain through trading AMD underscores the potential of AI in financial markets. Furthermore, AMD's recent earnings reports, surpassing earnings estimates, signify the company's consistent ability to deliver strong financial performance.
AMD sees MACD Histogram crosses below signal line
AMD saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 15, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 45 instances where the indicator turned negative. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AMD as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for AMD entered a downward trend on September 20, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMD advanced for three days, in of 311 cases, the price rose further within the following month. The odds of a continued upward trend are .
AMD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. AMD’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.940) is normal, around the industry mean (7.984). AMD's P/E Ratio (588.235) is considerably higher than the industry average of (53.953). Projected Growth (PEG Ratio) (1.148) is also within normal values, averaging (2.360). AMD has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (7.413) is also within normal values, averaging (72.684).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of integrated circuits for semiconductors
Industry Semiconductors
AMD and
Correlation & Price change
A.I.dvisor indicates that over the last year, AMD has been closely correlated with ADI. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if AMD jumps, then ADI could also see price increases.
| Ticker / NAME | Correlation To AMD | 1D Price Change % | ||
|---|---|---|---|---|
| AMD | 100% | -4.25% | ||
| ADI - AMD | 80% Closely correlated | -1.27% | ||
| NVDA - AMD | 77% Closely correlated | -2.89% | ||
| AOSL - AMD | 76% Closely correlated | N/A | ||
| ASML - AMD | 74% Closely correlated | -1.32% | ||
| AMAT - AMD | 72% Closely correlated | -1.30% | ||
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