AMD vs NVDA Swing Traders: Detailed Comparison - best profit for NVDA 26.79%
In the rapidly evolving world of financial technology, artificial intelligence has found its niche, specifically in trading bots. A significant development in this space is the AMD AI Trading Bot which operates on the 'Wait for signal' strategy. In comparison, there's the NVDA's Swing trader that employs a 'Volatility Balanced Strategy (TA)' which reported a 26.79% return.
The AMD AI Trading Bot relies heavily on machine learning to determine the ideal time for entering or exiting the market. In contrast, NVDA’s Swing Trader focuses on leveraging price swings in the market, utilizing technical analysis for its operations. This differentiation in strategy could partly account for the varying performance outcomes, with NVDA Swing Trader having a considerable lead.
That being said, AMD and NVDA share a close correlation of 84%. This means their stock prices tend to move in a similar direction. Therefore, a significant movement in one's price usually indicates a similar trend in the other. However, their most recent price changes depict a contrasting scenario. Over the past week, AMD has experienced a decline of 7.22%, while NVDA saw a marginal increase of 0.98%. The average weekly price growth across all stocks in the @Semiconductors industry was +0.71%, indicating a comparatively poorer performance by AMD.
In terms of a broader perspective, the @Semiconductors industry's average monthly and quarterly growths were +15.95% and +16.55% respectively, further highlighting AMD’s unfavorable performance in the recent week.
Looking forward to key dates, AMD is scheduled to report earnings on August 1, 2023, followed by NVDA on August 17, 2023. These dates are significant as they offer the companies an opportunity to outline their strategies, financial health, and outlook which could potentially influence stock prices.
Summary: despite the close correlation between AMD and NVDA, they demonstrated distinct price movements recently, possibly influenced by their different trading strategies - AI Trading Bot versus Swing trader Volatility. The industry averages, as well as upcoming earnings report dates, are crucial elements to monitor for potential investment decisions. The aforementioned comparisons underscore the complexity of market dynamics, where various factors intertwine to influence the performance of different stocks within the same industry.
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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AMD's RSI Oscillator exited the oversold zone, of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMD advanced for three days, in of 312 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 62, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AMD’s price grows at a higher 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 (2.854) is normal, around the industry mean (7.929). AMD's P/E Ratio (588.235) is considerably higher than the industry average of (53.587). Projected Growth (PEG Ratio) (1.114) is also within normal values, averaging (2.336). AMD has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (7.194) is also within normal values, averaging (72.527).
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% | -1.46% | ||
| ADI - AMD | 80% Closely correlated | -1.76% | ||
| NVDA - AMD | 77% Closely correlated | -0.74% | ||
| AOSL - AMD | 76% Closely correlated | -3.50% | ||
| ASML - AMD | 74% Closely correlated | -2.29% | ||
| AMAT - AMD | 72% Closely correlated | -1.84% | ||
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