Amplify Lithium Battery Etf Performance
| BATT Etf | USD 9.44 0.16 1.72% |
The etf shows a Beta (market volatility) of 0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amplify Lithium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amplify Lithium is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Amplify Lithium Battery are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Amplify Lithium unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Arkansas May Be Sitting On 19M Tons Of Lithium Amid Rising Demand For EV Batteries How To Invest In What Elon Musk Calls The New Oil - Amplify Lithium Battery T... | 10/22/2024 |
| In Threey Sharp Ratio | -0.78 |
Amplify |
Amplify Lithium Relative Risk vs. Return Landscape
If you would invest 822.00 in Amplify Lithium Battery on August 31, 2024 and sell it today you would earn a total of 106.00 from holding Amplify Lithium Battery or generate 12.9% return on investment over 90 days. Amplify Lithium Battery is currently generating 0.2116% in daily expected returns and assumes 1.9646% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of etfs are less volatile than Amplify, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Amplify Lithium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify Lithium's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Amplify Lithium Battery, and traders can use it to determine the average amount a Amplify Lithium's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1077
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Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Amplify Lithium is performing at about 8% 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 Lithium by adding it to a well-diversified portfolio.
Amplify Lithium Fundamentals Growth
Amplify Etf prices reflect investors' perceptions of the future prospects and financial health of Amplify Lithium, and Amplify Lithium fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Amplify Etf performance.
| Total Asset | 166.01 M | |||
About Amplify Lithium Performance
Assessing Amplify Lithium's fundamental ratios provides investors with valuable insights into Amplify Lithium's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Amplify Lithium is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will normally invest at least 80 percent of its net assets in the securities that comprise the index. Adv Battery is traded on NYSEARCA Exchange in the United States.| The fund created three year return of -19.0% | |
| Amplify Lithium Battery holds 99.74% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplify Lithium Battery. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Amplify Lithium Battery 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 Lithium's value that differs from its market value or its book value, called intrinsic value, which is Amplify Lithium'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 Lithium's market value can be influenced by many factors that don't directly affect Amplify Lithium'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 Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Lithium'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.