Amplify Cash Flow Etf Market Value
| COWS Etf | 31.67 0.09 0.28% |
| Symbol | Amplify |
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.
Amplify Cash '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 Amplify Cash'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 Amplify Cash.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Amplify Cash on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Amplify Cash Flow or generate 0.0% return on investment in Amplify Cash over 30 days. Amplify Cash is related to or competes with Invesco Actively, IShares Trust, Xtrackers MSCI, IShares MSCI, IShares MSCI, IShares ESG, and Global X. Amplify Cash is entity of United States. It is traded as Etf on NASDAQ exchange. More
Amplify Cash 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 Amplify Cash'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 Amplify Cash Flow upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8427 | |||
| Information Ratio | (0.0002) | |||
| Maximum Drawdown | 4.27 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.47 |
Amplify Cash Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify Cash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amplify Cash's standard deviation. In reality, there are many statistical measures that can use Amplify Cash historical prices to predict the future Amplify Cash's volatility.| Risk Adjusted Performance | 0.1063 | |||
| Jensen Alpha | 0.0118 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.0003) | |||
| Treynor Ratio | 0.1286 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amplify Cash's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Amplify Cash Flow Backtested Returns
Currently, Amplify Cash Flow is very steady. Amplify Cash Flow secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amplify Cash Flow, which you can use to evaluate the volatility of the entity. Please confirm Amplify Cash's Downside Deviation of 0.8427, risk adjusted performance of 0.1063, and Mean Deviation of 0.6963 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The etf shows a Beta (market volatility) of 0.9, 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.
Auto-correlation | 0.94 |
Excellent predictability
Amplify Cash Flow has excellent predictability. Overlapping area represents the amount of predictability between Amplify Cash time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amplify Cash Flow price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Amplify Cash price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Amplify Cash Flow lagged returns against current returns
Autocorrelation, which is Amplify Cash 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 Amplify Cash's etf expected returns. We can calculate the autocorrelation of Amplify Cash returns to help us make a trade decision. For example, suppose you find that Amplify Cash 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 |
Amplify Cash 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 Amplify Cash etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amplify Cash etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amplify Cash etf over time.
Current vs Lagged Prices |
| Timeline |
Amplify Cash Lagged Returns
When evaluating Amplify Cash's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amplify Cash etf have on its future price. Amplify Cash 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, Amplify Cash autocorrelation shows the relationship between Amplify Cash etf current value and its past values and can show if there is a momentum factor associated with investing in Amplify Cash Flow.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Amplify Cash Correlation, Amplify Cash Volatility and Amplify Cash Alpha and Beta module to complement your research on Amplify Cash. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Amplify Cash 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.