ETFMG U.S. Alternative Harvest ETF Stock Price Up 8.8
| MJUS Etf | USD 1.01 0.01 1.00% |
Slightly above 52% of Amplify ETF's investor base is interested to short. The current sentiment regarding investing in Amplify ETF Trust etf implies that many traders are impartial. Amplify ETF's investing sentiment can be driven by a variety of factors including economic data, Amplify ETF's earnings reports, geopolitical events, and overall market trends.
Amplify ETF etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Amplify daily returns and investor perception about the current price of Amplify ETF Trust as well as its diversification or hedging effects on your existing portfolios.
Amplify |
Shares of ETFMG U.S. Alternative Harvest ETF rose 8.8 percent during mid-day trading on Monday . The stock traded as high as 1.88 and last traded at 1.87. Approximately 18,100 shares were traded during mid-day trading, a decline of 24 percent from the average daily volume of 23,967 shares. The stock had
Read at thelincolnianonline.com
 |
Amplify ETF Fundamental Analysis
We analyze Amplify ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amplify ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amplify ETF 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.
One Year Return
One Year Return Comparative Analysis
Amplify ETF is currently under evaluation in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Amplify ETF Trust Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Amplify ETF etf to make a market-neutral strategy. Peer analysis of Amplify ETF could also be used in its relative valuation, which is a method of valuing Amplify ETF by comparing valuation metrics with similar companies.
Peers
Amplify ETF Related Equities
| VRNOF | Verano Holdings | 4.29 | ||||
| MSOS | AdvisorShares Pure | 1.97 | ||||
| CNBS | Amplify Seymour | 1.51 | ||||
| TOKE | Cambria Cannabis | 0.18 |
Check out Amplify ETF Hype Analysis, Amplify ETF Correlation and Amplify ETF Performance. For more information on how to buy Amplify Etf please use our How to Invest in Amplify ETF guide.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 ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Amplify ETF'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 ETF's market value can be influenced by many factors that don't directly affect Amplify ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify ETF'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.