Yieldmax Amzn Option Etf Market Value
| AMZY Etf | 18.87 0.09 0.47% |
| Symbol | YieldMax |
The market value of YieldMax AMZN Option is measured differently than its book value, which is the value of YieldMax that is recorded on the company's balance sheet. Investors also form their own opinion of YieldMax AMZN's value that differs from its market value or its book value, called intrinsic value, which is YieldMax AMZN'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 YieldMax AMZN's market value can be influenced by many factors that don't directly affect YieldMax AMZN'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 YieldMax AMZN's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax AMZN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax AMZN'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.
YieldMax AMZN 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to YieldMax AMZN's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of YieldMax AMZN.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in YieldMax AMZN on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding YieldMax AMZN Option or generate 0.0% return on investment in YieldMax AMZN over 720 days. YieldMax AMZN is related to or competes with Tidal Trust, Direxion Daily, Direxion Daily, Tidal Trust, Direxion Daily, GraniteShares, and Tidal Trust. YieldMax AMZN is entity of United States More
YieldMax AMZN Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure YieldMax AMZN's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess YieldMax AMZN Option upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0802 | |||
| Maximum Drawdown | 6.17 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 1.85 |
YieldMax AMZN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YieldMax AMZN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YieldMax AMZN's standard deviation. In reality, there are many statistical measures that can use YieldMax AMZN historical prices to predict the future YieldMax AMZN's volatility.| Risk Adjusted Performance | 0.0674 | |||
| Jensen Alpha | 0.1105 | |||
| Total Risk Alpha | 0.1088 | |||
| Sortino Ratio | 0.0721 | |||
| Treynor Ratio | 0.2353 |
YieldMax AMZN Option Backtested Returns
At this stage we consider YieldMax Etf to be very steady. YieldMax AMZN Option shows Sharpe Ratio of 0.12, which attests that the etf had a 0.12 % return per unit of risk over the last 3 months. We have found thirty technical indicators for YieldMax AMZN Option, which you can use to evaluate the volatility of the etf. Please check out YieldMax AMZN's Market Risk Adjusted Performance of 0.2453, mean deviation of 1.06, and Downside Deviation of 1.52 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. The entity maintains a market beta of 0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, YieldMax AMZN's returns are expected to increase less than the market. However, during the bear market, the loss of holding YieldMax AMZN is expected to be smaller as well.
Auto-correlation | -0.04 |
Very weak reverse predictability
YieldMax AMZN Option has very weak reverse predictability. Overlapping area represents the amount of predictability between YieldMax AMZN time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of YieldMax AMZN Option price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current YieldMax AMZN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
YieldMax AMZN Option lagged returns against current returns
Autocorrelation, which is YieldMax AMZN etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting YieldMax AMZN's etf expected returns. We can calculate the autocorrelation of YieldMax AMZN returns to help us make a trade decision. For example, suppose you find that YieldMax AMZN has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
YieldMax AMZN regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If YieldMax AMZN etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YieldMax AMZN etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YieldMax AMZN etf over time.
Current vs Lagged Prices |
| Timeline |
YieldMax AMZN Lagged Returns
When evaluating YieldMax AMZN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YieldMax AMZN etf have on its future price. YieldMax AMZN autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, YieldMax AMZN autocorrelation shows the relationship between YieldMax AMZN etf current value and its past values and can show if there is a momentum factor associated with investing in YieldMax AMZN Option.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether YieldMax AMZN Option offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YieldMax AMZN's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yieldmax Amzn Option Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Yieldmax Amzn Option Etf:Check out YieldMax AMZN Correlation, YieldMax AMZN Volatility and YieldMax AMZN Alpha and Beta module to complement your research on YieldMax AMZN. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
YieldMax AMZN 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, etf market cycles, or different charting patterns.