AMD Quantitative Stock Analysis | Nasdaq
From Nasdaq:
Validea’s guru fundamental report for AMD rates it highest using the Twin Momentum Investor model based on Dashan Huang’s strategy. With a 100% rating, it is considered a large-cap growth stock with strong interest and potential. The strategy combines fundamental momentum and price momentum, leading to strong outperformance.
The table in the report summarizes the stock’s performance based on the strategy’s tests, with a pass on both fundamental and twelve minus one momentum. This indicates a strong overall rank and potential for market outperformance based on the combination of price momentum and improving fundamentals.
Dashan Huang, an Assistant Professor of Finance at Singapore Management University, developed the Twin Momentum strategy, which combines fundamental variables into a single measure of fundamental momentum. Stocks that rank in the top 20% based on this measure outperform the market, and when combined with price momentum, the outperformance is even stronger. Validea follows the strategies of investment legends to offer stock analysis and model portfolios based on long-term outperformance.
Read more: AMD Quantitative Stock Analysis | Nasdaq