AMG
Affiliated Managers Group Inc. Financial Services - Asset Management Investor Relations →
Affiliated Managers Group Inc. (AMG) closed at $305.50 as of 2026-02-02, trading 80.6% above its 200-week moving average of $169.20. The stock is currently moving closer to the line, down from 86.0% last week. With a 14-week RSI of 76, AMG is in overbought territory.
Over the past 1424 weeks of data, AMG has crossed below its 200-week moving average 15 times. On average, these episodes lasted 29 weeks. Historically, investors who bought AMG at the start of these episodes saw an average one-year return of +19.3%.
With a market cap of $8.7 billion, AMG is a mid-cap stock. The company generates a free cash flow yield of 1.8%. Return on equity stands at 16.2%, a solid level. The stock trades at 2.6x book value.
The company has been aggressively buying back shares, reducing its share count by 26.3% over the past three years.
Over the past 27.4 years, a hypothetical investment of $100 in AMG would have grown to $2127, compared to $1011 for the S&P 500. That represents an annualized return of 11.8% vs 8.8% for the index — confirming AMG as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -9.4% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: AMG vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After AMG Crosses Below the Line?
Across 15 historical episodes, buying AMG when it crossed below its 200-week moving average produced an average return of +23.7% after 12 months (median +44.0%), compared to +10.9% for the S&P 500 over the same periods. 64% of those episodes were profitable after one year. After 24 months, the average return was +66.1% vs +21.6% for the index.
Each line shows $100 invested at the moment AMG crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
AMG has crossed below its 200-week MA 15 times with an average 1-year return of +19.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1998 | Dec 1998 | 7 | 25.5% | +20.2% | +2027.4% |
| Feb 1999 | May 1999 | 13 | 16.3% | +31.1% | +1535.7% |
| May 1999 | Jun 1999 | 5 | 3.7% | +11.3% | +1518.3% |
| Jul 1999 | Nov 1999 | 16 | 18.6% | +59.2% | +1525.2% |
| Jul 2002 | Aug 2002 | 3 | 6.5% | +54.9% | +984.4% |
| Sep 2002 | Oct 2002 | 4 | 15.7% | +51.9% | +947.2% |
| Jan 2003 | May 2003 | 18 | 21.2% | +67.6% | +880.4% |
| Mar 2008 | Mar 2008 | 3 | 2.4% | -52.0% | +266.9% |
| Jun 2008 | Oct 2010 | 120 | 79.6% | -36.5% | +245.5% |
| Aug 2011 | Aug 2011 | 1 | 2.6% | +54.5% | +309.3% |
| Nov 2015 | Nov 2015 | 1 | 2.5% | -13.8% | +88.4% |
| Dec 2015 | Sep 2017 | 92 | 28.7% | +5.5% | +106.6% |
| Apr 2018 | Feb 2021 | 149 | 63.6% | -33.9% | +77.7% |
| Oct 2023 | Oct 2023 | 3 | 3.1% | +50.1% | +143.9% |
| Mar 2025 | Apr 2025 | 1 | 2.7% | N/A | +105.3% |
| Average | 29 | — | +19.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02