Amplify Competition
| MJUS Etf | USD 0.76 0.00 0.00% |
Amplify vs Global Resource Correlation
Moving against Amplify Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amplify's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Amplify Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Amplify and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Amplify and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Amplify does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Amplify Constituents Risk-Adjusted Indicators
There is a big difference between Amplify Etf performing well and Amplify ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Amplify's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NBCT | 0.74 | 0.18 | 0.13 | 0.88 | 0.60 | 1.46 | 3.82 | |||
| BRRAY | 5.76 | 2.10 | 0.18 | 1.11 | 3.11 | 17.76 | 120.98 | |||
| MSTSX | 0.67 | 0.14 | 0.16 | 0.26 | 0.34 | 1.45 | 12.28 | |||
| ABHYX | 0.08 | 0.00 | (0.29) | 0.37 | 0.00 | 0.23 | 0.92 | |||
| LBHIX | 0.13 | 0.03 | (0.32) | 0.35 | 0.00 | 0.24 | 2.20 | |||
| RRTLX | 0.28 | 0.04 | (0.03) | 0.19 | 0.08 | 0.58 | 3.30 | |||
| XTWO | 0.05 | 0.01 | (1.27) | (1.55) | 0.00 | 0.12 | 0.27 | |||
| KNF | 2.18 | 0.29 | 0.14 | 0.24 | 2.21 | 5.34 | 16.62 | |||
| KLKNF | 2.40 | 1.31 | 0.00 | (2.06) | 0.00 | 3.58 | 56.35 | |||
| GBEN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Amplify Competitive Analysis
The better you understand Amplify competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Amplify's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Amplify's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Amplify Competition Performance Charts
Five steps to successful analysis of Amplify Competition
Amplify's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Amplify in relation to its competition. Amplify's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Amplify in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Amplify's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Amplify, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Amplify position
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Corporate ETFs
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate ETFs Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Amplify's market price often diverges from its book value, the accounting figure shown on Amplify's balance sheet. Smart investors calculate Amplify's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Amplify's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Amplify's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Amplify represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Amplify's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.