AMTD Stock Summary and Trading Ideas (Amtd Idea Group American Depositary Shares Each Representing Six (6) Class A | NYSE:AMTD)

AMTD IDEA Group is a financial institution operating in four business segment: The capital market solutions segment assists customers in raising funds through equity and debt financing, private placements and debt issuances. The digital solutions and other services segment provides institutional and corporate clients with exclusive, paid access to enhance investor communication, investor relations and corporate communication. The fashion and luxury media advertising and marketing services segment, engages in provision of print and digital advertising campaigns, licensing, and value-added marketing services including branded content, video production, social media activation. The strategic investment segment engages in proprietary investments and management of investment portfolio.

Amtd Idea Group American Depositary Shares Each Representing Six (6) Class A trades on the NYSE stock market under the symbol AMTD.

As of April 19, 2024, AMTD stock price declined to $1.71 with 85,361 million shares trading.

AMTD has a beta of 2.74, meaning it tends to be more sensitive to market movements. AMTD has a correlation of 0.06 to the broad based SPY ETF.

AMTD has a market cap of $322.85 million. This is considered a Small Cap stock.

The top ETF exchange traded funds that AMTD belongs to (by Net Assets): APIE, AVDV.

AMTD has underperformed the market in the last year with a return of 0.0%, while the SPY ETF gained +21.2%. In the last 3 month period, AMTD fell short of the market, returning +0.6%, while SPY returned +4.3%. However, in the most recent 2 weeks AMTD has outperformed the stock market by returning +3.0%, while SPY returned -3.5%.

AMTD support price is $1.68 and resistance is $1.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMTD stock will trade within this expected range on the day.