Amplify Transformational Data Etf Price on October 5, 2023
| BLOK Etf | USD 50.25 0.59 1.19% |
Below is the normalized historical share price chart for Amplify Transformational Data extending back to January 17, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Amplify Transformational stands at 50.25, as last reported on the 29th of November, with the highest price reaching 51.42 and the lowest price hitting 50.15 during the day.
If you're considering investing in Amplify Etf, it is important to understand the factors that can impact its price. Amplify Transformational appears to be very steady, given 3 months investment horizon. Amplify Transformational secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the etf had a 0.27% return per unit of risk over the last 3 months. By analyzing Amplify Transformational's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of Amplify Transformational's Downside Deviation of 2.14, risk adjusted performance of 0.1595, and Mean Deviation of 1.86 to double-check if our risk estimates are consistent with your expectations.
Amplify Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 45.33 | 200 Day MA 36.2739 | 1 y Volatility 42.57 | 50 Day MA 41.818 | Inception Date 2018-01-16 |
Amplify |
Sharpe Ratio = 0.266
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Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 20 80% of assets perform better |
Based on monthly moving average Amplify Transformational is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Amplify Transformational by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 13.8 K |
Amplify Transformational Valuation on October 5, 2023
It is possible to determine the worth of Amplify Transformational on a given historical date. On October 5, 2023 Amplify was worth 19.3 at the beginning of the trading date compared to the closed value of 19.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amplify Transformational etf. Still, in general, we apply an absolute valuation method to find Amplify Transformational's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Amplify Transformational where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amplify Transformational's related companies.
| Open | High | Low | Close | Volume | |
| 18.93 | 19.25 | 18.79 | 19.19 | 698,588 | |
10/05/2023 | 19.30 | 19.42 | 19.08 | 19.32 | 49,150 |
| 19.06 | 19.96 | 19.00 | 19.88 | 85,496 |
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Amplify Transformational Trading Date Momentum on October 5, 2023
| On October 06 2023 Amplify Transformational Data was traded for 19.88 at the closing time. The top price for the day was 19.96 and the lowest listed price was 19.00 . The trading volume for the day was 85.5 K. The trading history from October 6, 2023 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 2.90% . The overall trading delta against the current closing price is 0.93% . |
Amplify Transformational Fundamentals Correlations and Trends
By evaluating Amplify Transformational's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Amplify Transformational's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amplify financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Amplify Transformational Etf history
Amplify Transformational investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Amplify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amplify Transformational will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Amplify Transformational stock prices may prove useful in developing a viable investing in Amplify Transformational
The fund is an actively managed ETF that seeks to provide total return by investing at least 80 percent of its net assets in the equity securities of companies actively involved in the development and utilization of transformational data sharing technologies. Transformational is traded on NYSEARCA Exchange in the United States.
Amplify Transformational Etf Technical Analysis
Amplify Transformational technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Amplify Transformational Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Amplify Transformational Data cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Amplify Transformational November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Amplify Transformational etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amplify Transformational shares will generate the highest return on investment. By undertsting and applying Amplify Transformational etf market strength indicators, traders can identify Amplify Transformational Data entry and exit signals to maximize returns
Amplify Transformational Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amplify Transformational's price direction in advance. Along with the technical and fundamental analysis of Amplify Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amplify to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1595 | |||
| Jensen Alpha | 0.2508 | |||
| Total Risk Alpha | 0.1143 | |||
| Sortino Ratio | 0.1797 | |||
| Treynor Ratio | 0.2311 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplify Transformational Data. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Amplify Transformational is measured differently than its book value, which is the value of Amplify that is recorded on the company's balance sheet. Investors also form their own opinion of Amplify Transformational's value that differs from its market value or its book value, called intrinsic value, which is Amplify Transformational's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amplify Transformational's market value can be influenced by many factors that don't directly affect Amplify Transformational's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amplify Transformational's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Transformational is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Transformational'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.