Amplify Bluestar Israel Etf Market Value
| ITEQ Etf | USD 58.37 0.32 0.55% |
| Symbol | Amplify |
The market value of Amplify BlueStar Israel 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 BlueStar's value that differs from its market value or its book value, called intrinsic value, which is Amplify BlueStar'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 BlueStar's market value can be influenced by many factors that don't directly affect Amplify BlueStar'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 BlueStar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify BlueStar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify BlueStar'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 BlueStar '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 BlueStar'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 BlueStar.
| 04/10/2025 |
| 01/05/2026 |
If you would invest 0.00 in Amplify BlueStar on April 10, 2025 and sell it all today you would earn a total of 0.00 from holding Amplify BlueStar Israel or generate 0.0% return on investment in Amplify BlueStar over 270 days. Amplify BlueStar is related to or competes with ALPS Clean, God Bless, AIM ETF, AIM ETF, FT Cboe, Motley Fool, and Rbb Fund. The index tracks the performance of exchange-listed Israeli technology operating companies More
Amplify BlueStar 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 BlueStar'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 BlueStar Israel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.04 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 1.65 |
Amplify BlueStar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify BlueStar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amplify BlueStar's standard deviation. In reality, there are many statistical measures that can use Amplify BlueStar historical prices to predict the future Amplify BlueStar's volatility.| Risk Adjusted Performance | 0.0122 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0034 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amplify BlueStar'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 BlueStar Israel Backtested Returns
Currently, Amplify BlueStar Israel is very steady. Amplify BlueStar Israel secures Sharpe Ratio (or Efficiency) of 0.0155, which signifies that the etf had a 0.0155 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Amplify BlueStar Israel, which you can use to evaluate the volatility of the entity. Please confirm Amplify BlueStar's Downside Deviation of 1.49, risk adjusted performance of 0.0122, and Mean Deviation of 1.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.0199%. The etf shows a Beta (market volatility) of 1.18, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Amplify BlueStar will likely underperform.
Auto-correlation | 0.13 |
Insignificant predictability
Amplify BlueStar Israel has insignificant predictability. Overlapping area represents the amount of predictability between Amplify BlueStar time series from 10th of April 2025 to 23rd of August 2025 and 23rd of August 2025 to 5th of January 2026. 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 BlueStar Israel price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Amplify BlueStar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 2.5 |
Amplify BlueStar Israel lagged returns against current returns
Autocorrelation, which is Amplify BlueStar 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 BlueStar's etf expected returns. We can calculate the autocorrelation of Amplify BlueStar returns to help us make a trade decision. For example, suppose you find that Amplify BlueStar 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 BlueStar 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 BlueStar etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amplify BlueStar etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amplify BlueStar etf over time.
Current vs Lagged Prices |
| Timeline |
Amplify BlueStar Lagged Returns
When evaluating Amplify BlueStar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amplify BlueStar etf have on its future price. Amplify BlueStar 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 BlueStar autocorrelation shows the relationship between Amplify BlueStar etf current value and its past values and can show if there is a momentum factor associated with investing in Amplify BlueStar Israel.
Regressed Prices |
| Timeline |
Pair Trading with Amplify BlueStar
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 BlueStar 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 BlueStar will appreciate offsetting losses from the drop in the long position's value.Moving together with Amplify Etf
The ability to find closely correlated positions to Amplify BlueStar 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 BlueStar 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 BlueStar - 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 BlueStar Israel to buy it.
The correlation of Amplify BlueStar 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 BlueStar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify BlueStar Israel 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 BlueStar 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 BlueStar Correlation, Amplify BlueStar Volatility and Amplify BlueStar Alpha and Beta module to complement your research on Amplify BlueStar. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Amplify BlueStar 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.