Amplify Alternative Harvest Etf Market Value
| MJ Etf | USD 29.79 0.11 0.37% |
| Symbol | Amplify |
The market value of Amplify Alternative 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 Alternative's value that differs from its market value or its book value, called intrinsic value, which is Amplify Alternative'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 Alternative's market value can be influenced by many factors that don't directly affect Amplify Alternative'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 Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Alternative'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 Alternative '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 Alternative'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 Alternative.
| 12/02/2025 |
| 01/01/2026 |
If you would invest 0.00 in Amplify Alternative on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding Amplify Alternative Harvest or generate 0.0% return on investment in Amplify Alternative over 30 days. Amplify Alternative is related to or competes with KFA Mount, IShares MSCI, AIM ETF, BondBloxx ETF, Invesco Zacks, EA Series, and SPDR Kensho. The index tracks the performance of the common stock of companies across the globe More
Amplify Alternative 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 Alternative'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 Alternative Harvest upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.28 | |||
| Information Ratio | 0.0202 | |||
| Maximum Drawdown | 58.98 | |||
| Value At Risk | (7.76) | |||
| Potential Upside | 8.26 |
Amplify Alternative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amplify Alternative's standard deviation. In reality, there are many statistical measures that can use Amplify Alternative historical prices to predict the future Amplify Alternative's volatility.| Risk Adjusted Performance | 0.0286 | |||
| Jensen Alpha | 0.1866 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0305 | |||
| Treynor Ratio | 0.4459 |
Amplify Alternative Backtested Returns
Amplify Alternative secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the etf had a close to zero % return per unit of risk over the last 3 months. Amplify Alternative Harvest exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amplify Alternative's Mean Deviation of 4.76, risk adjusted performance of 0.0286, and Downside Deviation of 5.28 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amplify Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amplify Alternative is expected to be smaller as well.
Auto-correlation | -0.39 |
Poor reverse predictability
Amplify Alternative Harvest has poor reverse predictability. Overlapping area represents the amount of predictability between Amplify Alternative time series from 2nd of December 2025 to 17th of December 2025 and 17th of December 2025 to 1st 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 Alternative price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Amplify Alternative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 10.49 |
Amplify Alternative lagged returns against current returns
Autocorrelation, which is Amplify Alternative 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 Alternative's etf expected returns. We can calculate the autocorrelation of Amplify Alternative returns to help us make a trade decision. For example, suppose you find that Amplify Alternative 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 Alternative 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 Alternative etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amplify Alternative etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amplify Alternative etf over time.
Current vs Lagged Prices |
| Timeline |
Amplify Alternative Lagged Returns
When evaluating Amplify Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amplify Alternative etf have on its future price. Amplify Alternative 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 Alternative autocorrelation shows the relationship between Amplify Alternative etf current value and its past values and can show if there is a momentum factor associated with investing in Amplify Alternative Harvest.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ProphetCheck out Amplify Alternative Correlation, Amplify Alternative Volatility and Amplify Alternative Alpha and Beta module to complement your research on Amplify Alternative. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Amplify Alternative 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.