Amplify Cash Flow Etf Performance
| HCOW Etf | 27.39 0.04 0.15% |
The etf shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. Amplify Cash returns are very sensitive to returns on the market. As the market goes up or down, Amplify Cash is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Amplify Cash Flow are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Amplify Cash may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Amplify ETFs Declares November Income Distributions for its Income ETFs | 11/27/2024 |
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Amplify Cash Relative Risk vs. Return Landscape
If you would invest 2,571 in Amplify Cash Flow on August 30, 2024 and sell it today you would earn a total of 168.00 from holding Amplify Cash Flow or generate 6.53% return on investment over 90 days. Amplify Cash Flow is currently generating 0.1034% in daily expected returns and assumes 0.956% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Amplify, and 98% 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 Cash Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify Cash's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Amplify Cash Flow, and traders can use it to determine the average amount a Amplify Cash'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 = 0.1082
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Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Amplify Cash 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 Cash by adding it to a well-diversified portfolio.
About Amplify Cash Performance
Evaluating Amplify Cash's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Amplify Cash has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Amplify Cash has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Amplify Cash is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from gurufocus.com: Amplify ETFs Declares November Income Distributions for its Income ETFs |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Amplify Cash Flow. 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Amplify Cash Flow 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 Cash's value that differs from its market value or its book value, called intrinsic value, which is Amplify Cash'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 Cash's market value can be influenced by many factors that don't directly affect Amplify Cash'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 Cash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Cash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Cash'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.