Yieldmax Amzn Option Etf Performance
| AMZY Etf | 18.89 0.25 1.34% |
The entity maintains a market beta of 0.19, which attests to not very significant fluctuations relative to the market. 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.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in YieldMax AMZN Option are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain basic indicators, YieldMax AMZN showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Yieldmax Amzn Option Income Strategy ETF Quote - Press Release - The Globe and Mail | 10/24/2024 |
2 | YieldMax AMZN Option Income Strategy ETF declares 0.8619 dividend | 12/18/2024 |
YieldMax |
YieldMax AMZN Relative Risk vs. Return Landscape
If you would invest 1,666 in YieldMax AMZN Option on October 20, 2024 and sell it today you would earn a total of 223.00 from holding YieldMax AMZN Option or generate 13.39% return on investment over 90 days. YieldMax AMZN Option is currently generating 0.2186% in daily expected returns and assumes 1.5916% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of etfs are less volatile than YieldMax, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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YieldMax AMZN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for YieldMax AMZN's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as YieldMax AMZN Option, and traders can use it to determine the average amount a YieldMax AMZN's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1373
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average YieldMax AMZN is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of YieldMax AMZN by adding it to a well-diversified portfolio.
About YieldMax AMZN Performance
Evaluating YieldMax AMZN's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if YieldMax AMZN has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if YieldMax AMZN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
YieldMax AMZN is entity of United States. It is traded as Etf on NYSE ARCA exchange.