Amplify Etf Technical Analysis
As of the 29th of November, Amplify shows the Risk Adjusted Performance of 0.0303, mean deviation of 1.04, and Downside Deviation of 1.53. Amplify technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.
Amplify Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Amplify, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AmplifyAmplify |
Amplify 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.
Amplify Technical Analysis
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Amplify Trend Analysis
Use this graph to draw trend lines for Amplify. You can use it to identify possible trend reversals for Amplify as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Amplify price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Amplify Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Amplify applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Amplify market price will keep on failing further. It has 122 observation points and a regression sum of squares at 28.7, which is the sum of squared deviations for the predicted Amplify price change compared to its average price change.About Amplify Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Amplify on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Amplify based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Amplify price pattern first instead of the macroeconomic environment surrounding Amplify. By analyzing Amplify's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Amplify's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Amplify specific price patterns or momentum indicators. Please read more on our technical analysis page.
Amplify November 29, 2024 Technical Indicators
Most technical analysis of Amplify help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Amplify from various momentum indicators to cycle indicators. When you analyze Amplify charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0303 | |||
| Market Risk Adjusted Performance | 0.2836 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.39 | |||
| Downside Deviation | 1.53 | |||
| Coefficient Of Variation | 2967.87 | |||
| Standard Deviation | 1.38 | |||
| Variance | 1.91 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | 0.0211 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.2736 | |||
| Maximum Drawdown | 5.93 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 2.23 | |||
| Downside Variance | 2.34 | |||
| Semi Variance | 1.93 | |||
| Expected Short fall | (1.06) | |||
| Skewness | (0.25) | |||
| Kurtosis | 0.1461 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of Amplify 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's value that differs from its market value or its book value, called intrinsic value, which is Amplify'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's market value can be influenced by many factors that don't directly affect Amplify'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify'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.