Amplify Bloomberg Treasury Etf Market Value
| TLTP Etf | 25.18 0.18 0.72% |
| Symbol | Amplify |
The market value of Amplify Bloomberg 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is Amplify Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect Amplify Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Bloomberg'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 Bloomberg '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 Bloomberg'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 Bloomberg.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Amplify Bloomberg on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding Amplify Bloomberg Treasury or generate 0.0% return on investment in Amplify Bloomberg over 660 days. Amplify Bloomberg is related to or competes with SPDR Barclays, SPDR Portfolio, SPDR Barclays, SPDR Barclays, and Vanguard Long. Amplify Bloomberg is entity of United States More
Amplify Bloomberg 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 Bloomberg'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 Bloomberg Treasury upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.53 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.32 |
Amplify Bloomberg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify Bloomberg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amplify Bloomberg's standard deviation. In reality, there are many statistical measures that can use Amplify Bloomberg historical prices to predict the future Amplify Bloomberg's volatility.| Risk Adjusted Performance | 0.0221 | |||
| Jensen Alpha | 0.0417 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amplify Bloomberg'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 Bloomberg Backtested Returns
Currently, Amplify Bloomberg Treasury is very steady. Amplify Bloomberg secures Sharpe Ratio (or Efficiency) of 0.0118, which signifies that the etf had a 0.0118% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amplify Bloomberg Treasury, which you can use to evaluate the volatility of the entity. Please confirm Amplify Bloomberg's Risk Adjusted Performance of 0.0221, mean deviation of 0.7313, and Downside Deviation of 1.14 to double-check if the risk estimate we provide is consistent with the expected return of 0.0114%. The etf shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Amplify Bloomberg are expected to decrease at a much lower rate. During the bear market, Amplify Bloomberg is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Amplify Bloomberg Treasury has no correlation between past and present. Overlapping area represents the amount of predictability between Amplify Bloomberg time series from 9th of February 2023 to 5th of January 2024 and 5th of January 2024 to 30th 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 Bloomberg price movement. The serial correlation of 0.0 indicates that just 0.0% of current Amplify Bloomberg price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Amplify Bloomberg lagged returns against current returns
Autocorrelation, which is Amplify Bloomberg 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 Bloomberg's etf expected returns. We can calculate the autocorrelation of Amplify Bloomberg returns to help us make a trade decision. For example, suppose you find that Amplify Bloomberg 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 Bloomberg 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 Bloomberg etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amplify Bloomberg etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amplify Bloomberg etf over time.
Current vs Lagged Prices |
| Timeline |
Amplify Bloomberg Lagged Returns
When evaluating Amplify Bloomberg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amplify Bloomberg etf have on its future price. Amplify Bloomberg 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 Bloomberg autocorrelation shows the relationship between Amplify Bloomberg etf current value and its past values and can show if there is a momentum factor associated with investing in Amplify Bloomberg Treasury.
Regressed Prices |
| Timeline |
Pair Trading with Amplify Bloomberg
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 Bloomberg 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 Bloomberg will appreciate offsetting losses from the drop in the long position's value.Moving against Amplify Etf
| 0.56 | ARKW | ARK Next Generation | PairCorr |
| 0.49 | WTMF | WisdomTree Managed | PairCorr |
| 0.46 | EOS | Eaton Vance Enhanced | PairCorr |
| 0.4 | IAUF | IShares | PairCorr |
| 0.34 | EWC | iShares MSCI Canada | PairCorr |
The ability to find closely correlated positions to Amplify Bloomberg 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 Bloomberg 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 Bloomberg - 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 Bloomberg Treasury to buy it.
The correlation of Amplify Bloomberg 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 Bloomberg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify Bloomberg 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 Bloomberg 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 Bloomberg Correlation, Amplify Bloomberg Volatility and Amplify Bloomberg Alpha and Beta module to complement your research on Amplify Bloomberg. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Amplify Bloomberg 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.