Amplify ETF Trust Price on July 8, 2024
| IVESDelisted Etf | USD 49.29 0.08 0.16% |
If you're considering investing in Amplify Etf, it is important to understand the factors that can impact its price. As of today, the current price of Amplify ETF stands at 49.29, as last reported on the 1st of December, with the highest price reaching 49.29 and the lowest price hitting 49.21 during the day. Amplify ETF appears to be very steady, given 3 months investment horizon. Amplify ETF Trust secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the etf had a 0.26% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amplify ETF Trust, which you can use to evaluate the volatility of the entity. Please makes use of Amplify ETF's Downside Deviation of 1.56, mean deviation of 0.9943, and Risk Adjusted Performance of 0.0758 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.
Amplify |
Sharpe Ratio = 0.2604
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Amplify ETF 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 ETF by adding it to a well-diversified portfolio.
Amplify ETF Valuation on July 8, 2024
It is possible to determine the worth of Amplify ETF on a given historical date. On July 8, 2024 Amplify was worth 46.54 at the beginning of the trading date compared to the closed value of 46.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amplify ETF etf. Still, in general, we apply an absolute valuation method to find Amplify ETF'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 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amplify ETF's related companies.
| Open | High | Low | Close | Volume | |
| 46.08 | 46.21 | 45.90 | 46.19 | 720.00 | |
07/08/2024 | 46.54 | 46.57 | 46.02 | 46.34 | 12,940 |
| 46.51 | 46.51 | 46.17 | 46.21 | 1,578 |
| Backtest Amplify ETF | | | Amplify ETF History | | | Amplify ETF Valuation | Previous | Next |
Amplify ETF Trading Date Momentum on July 8, 2024
| On July 09 2024 Amplify ETF Trust was traded for 46.21 at the closing time. The top price for the day was 46.51 and the lowest listed price was 46.17 . The trading volume for the day was 1.6 K. The trading history from July 9, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.28% . The overall trading delta against the current closing price is 0.76% . |
Amplify ETF Trust Fundamentals Correlations and Trends
By evaluating Amplify ETF'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 ETF'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 ETF Etf history
Amplify ETF 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 ETF Trust 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 ETF stock prices may prove useful in developing a viable investing in Amplify ETF
The fund invests at least 80 percent of its total assets, exclusive of collateral held from securities lending, in the component securities of the index and in ADRs and GDRs based on the component securities in the index. Etfmg Global is traded on NYSEARCA Exchange in the United States.
Amplify ETF Etf Technical Analysis
Amplify ETF 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, delisted etf market cycles, or different charting patterns.
Price Boundaries
Amplify ETF Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Amplify ETF Trust 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 ETF December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Amplify ETF 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 ETF shares will generate the highest return on investment. By undertsting and applying Amplify ETF etf market strength indicators, traders can identify Amplify ETF Trust entry and exit signals to maximize returns
Amplify ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amplify ETF'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 | 0.0758 | |||
| Jensen Alpha | 0.1385 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.62) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return 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 income. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Amplify Etf
If you are still planning to invest in Amplify ETF Trust check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Amplify ETF's history and understand the potential risks before investing.
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