Amplify Etf Trust Etf Performance
| MJ Etf | USD 2.52 0.02 0.79% |
The etf shows a Beta (market volatility) of -1.07, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Amplify ETF are expected to decrease slowly. On the other hand, during market turmoil, Amplify ETF is expected to outperform it slightly.
Risk-Adjusted Performance
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Over the last 90 days Amplify ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. Even with weak performance in the last few months, the Etf's forward-looking indicators remain relatively steady which may send shares a bit higher in December 2024. The new chaos may also be a sign of medium-term up-swing for the ETF firm stakeholders. ...more
1 | Five more possible cronies of Browards Mother Teresa charged in her 196M fraud | 10/02/2024 |
2 | Cannabis Stocks Pop Following Chris Christies Prediction That Trump Will Deschedule Cannabis | 11/12/2024 |
| In Threey Sharp Ratio | -0.90 |
Amplify |
Amplify ETF Relative Risk vs. Return Landscape
If you would invest 309.00 in Amplify ETF Trust on August 27, 2024 and sell it today you would lose (57.00) from holding Amplify ETF Trust or give up 18.45% of portfolio value over 90 days. Amplify ETF Trust is generating negative expected returns and assumes 3.3085% volatility on return distribution over the 90 days horizon. Put differently, 29% of etfs are less risky than Amplify on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
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Amplify ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Amplify ETF Trust, and traders can use it to determine the average amount a Amplify ETF'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 = -0.079
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MJ |
Estimated Market Risk
| 3.31 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Amplify ETF is not performing at its full potential. However, 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 Amplify ETF by adding Amplify ETF to a well-diversified portfolio.
Amplify ETF Fundamentals Growth
Amplify Etf prices reflect investors' perceptions of the future prospects and financial health of Amplify ETF, and Amplify ETF fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Amplify Etf performance.
| Total Asset | 396.89 M | |||
About Amplify ETF Performance
By evaluating Amplify ETF's fundamental ratios, stakeholders can gain valuable insights into Amplify ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Amplify ETF 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 Amplify ETF 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.
The index tracks the performance of the common stock of companies across the globe. Etfmg Alternative is traded on NYSEARCA Exchange in the United States.| Amplify ETF Trust generated a negative expected return over the last 90 days | |
| Amplify ETF Trust has high historical volatility and very poor performance | |
| Latest headline from benzinga.com: Cannabis Stocks Pop Following Chris Christies Prediction That Trump Will Deschedule Cannabis | |
| Amplify ETF Trust produced five year return of -34.0% | |
| This fund maintains 81.08% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Amplify ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. For more information on how to buy Amplify Etf please use our How to buy in Amplify Etf guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Amplify ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Amplify ETF'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 ETF's market value can be influenced by many factors that don't directly affect Amplify ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify ETF'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.