Amplify Etf Trust Etf Price on October 31, 2024
| AWAY Etf | USD 21.63 0.25 1.14% |
Below is the normalized historical share price chart for Amplify ETF Trust extending back to February 13, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Amplify ETF stands at 21.63, as last reported on the 29th of December, with the highest price reaching 21.73 and the lowest price hitting 21.48 during the day.
If you're considering investing in Amplify Etf, it is important to understand the factors that can impact its price. At this stage we consider Amplify Etf to be very steady. Amplify ETF Trust secures Sharpe Ratio (or Efficiency) of 0.0869, which signifies that the etf had a 0.0869% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amplify ETF Trust, which you can use to evaluate the volatility of the entity. Please confirm Amplify ETF's Mean Deviation of 0.9083, risk adjusted performance of 0.1022, and Downside Deviation of 1.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%.
Amplify Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 30.74 | 200 Day MA 20.0376 | 1 y Volatility 31.31 | 50 Day MA 21.2975 | Inception Date 2020-02-12 |
Amplify |
Sharpe Ratio = 0.0869
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| Cash | AWAY | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Amplify ETF is performing at about 6% 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 Amplify ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 4.1 K |
Amplify ETF Valuation on October 31, 2024
It is possible to determine the worth of Amplify ETF on a given historical date. On October 31, 2024 Amplify was worth 20.47 at the beginning of the trading date compared to the closed value of 20.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amplify ETF etf. Still, in general, we apply an absolute valuation method to find Amplify ETF's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Amplify ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amplify ETF's related companies.
| Open | High | Low | Close | Volume | |
| 20.39 | 20.77 | 20.16 | 20.57 | 15,600 | |
10/31/2024 | 20.47 | 20.47 | 20.15 | 20.17 | 2,864 |
| 20.29 | 20.44 | 20.26 | 20.26 | 4,100 |
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Amplify ETF Trading Date Momentum on October 31, 2024
| On November 01 2024 Amplify ETF Trust was traded for 20.26 at the closing time. The top price for the day was 20.44 and the lowest listed price was 20.26 . The trading volume for the day was 4.1 K. The trading history from November 1, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.45% . The overall trading delta against the current closing price is 5.70% . |
Amplify ETF Trust Fundamentals Correlations and Trends
By evaluating Amplify ETF's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Amplify ETF's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amplify financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Amplify ETF Etf history
Amplify ETF investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Amplify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amplify ETF Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Amplify ETF stock prices may prove useful in developing a viable investing in Amplify ETF
The fund invests at least 80 percent of its total assets, exclusive of collateral held from securities lending, in the component securities of the index and in ADRs and GDRs based on the component securities in the index. Etfmg Travel is traded on NYSEARCA Exchange in the United States.
Amplify ETF Etf Technical Analysis
Amplify ETF 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.
Price Boundaries
Amplify ETF Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Amplify ETF Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Amplify ETF December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Amplify ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amplify ETF shares will generate the highest return on investment. By undertsting and applying Amplify ETF etf market strength indicators, traders can identify Amplify ETF Trust entry and exit signals to maximize returns
Amplify ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amplify ETF's price direction in advance. Along with the technical and fundamental analysis of Amplify Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amplify to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1022 | |||
| Jensen Alpha | 0.1413 | |||
| Total Risk Alpha | 0.1093 | |||
| Sortino Ratio | 0.0898 | |||
| Treynor Ratio | 1.21 |
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Check out Trending Equities 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 nation. For more information on how to buy Amplify Etf please use our How to Invest in Amplify ETF guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.