Amplify Blackswan Iswn Etf Three Year Return
| ISWN Etf | USD 18.63 0.11 0.59% |
Amplify BlackSwan ISWN fundamentals help investors to digest information that contributes to Amplify BlackSwan's financial success or failures. It also enables traders to predict the movement of Amplify Etf. The fundamental analysis module provides a way to measure Amplify BlackSwan's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Amplify BlackSwan etf.
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Amplify BlackSwan ISWN ETF Three Year Return Analysis
Amplify BlackSwan's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Amplify BlackSwan Three Year Return | (7.00) % |
Most of Amplify BlackSwan's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Amplify BlackSwan ISWN is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, Amplify BlackSwan ISWN has a Three Year Return of -7.0%. This is much lower than that of the Amplify ETFs family and significantly lower than that of the Equity Hedged category. The three year return for all United States etfs is notably higher than that of the company.
Amplify Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amplify BlackSwan's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Amplify BlackSwan could also be used in its relative valuation, which is a method of valuing Amplify BlackSwan by comparing valuation metrics of similar companies.Amplify BlackSwan is currently under evaluation in three year return as compared to similar ETFs.
Fund Asset Allocation for Amplify BlackSwan
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks.Asset allocation divides Amplify BlackSwan's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Amplify Fundamentals
| Beta | 0.74 | |||
| Total Asset | 34.63 M | |||
| One Year Return | 5.00 % | |||
| Three Year Return | (7.00) % | |||
| Net Asset | 34.63 M | |||
| Equity Positions Weight | 13.26 % |
About Amplify BlackSwan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amplify BlackSwan ISWN's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amplify BlackSwan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amplify BlackSwan ISWN based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Amplify BlackSwan
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amplify BlackSwan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amplify BlackSwan will appreciate offsetting losses from the drop in the long position's value.Moving together with Amplify Etf
Moving against Amplify Etf
| 0.79 | VUG | Vanguard Growth Index | PairCorr |
| 0.78 | VO | Vanguard Mid Cap | PairCorr |
| 0.77 | VAMO | Cambria Value | PairCorr |
| 0.77 | HEQT | Simplify Exchange Traded | PairCorr |
| 0.76 | VTI | Vanguard Total Stock | PairCorr |
The ability to find closely correlated positions to Amplify BlackSwan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amplify BlackSwan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amplify BlackSwan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amplify BlackSwan ISWN to buy it.
The correlation of Amplify BlackSwan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amplify BlackSwan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify BlackSwan ISWN moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amplify BlackSwan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Amplify BlackSwan Piotroski F Score and Amplify BlackSwan Altman Z Score analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Amplify BlackSwan ISWN 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 BlackSwan's value that differs from its market value or its book value, called intrinsic value, which is Amplify BlackSwan'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 BlackSwan's market value can be influenced by many factors that don't directly affect Amplify BlackSwan'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 BlackSwan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify BlackSwan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify BlackSwan'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.