Amplify Seymour Cannabis Etf Price on December 13, 2024
| CNBS Etf | USD 2.91 0.10 3.32% |
Below is the normalized historical share price chart for Amplify Seymour Cannabis extending back to July 23, 2019. 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 Seymour stands at 2.91, as last reported on the 15th of December 2024, with the highest price reaching 2.92 and the lowest price hitting 2.85 during the day.
If you're considering investing in Amplify Etf, it is important to understand the factors that can impact its price. Amplify Seymour Cannabis secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the etf had a -0.15% return per unit of risk over the last 3 months. Amplify Seymour Cannabis exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amplify Seymour's Standard Deviation of 3.7, risk adjusted performance of (0.09), and Mean Deviation of 2.1 to double-check the risk estimate we provide.
Amplify Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 47.56 | 200 Day MA 4.5624 | 1 y Volatility 49.94 | 50 Day MA 3.7995 | Inception Date 2019-07-15 |
Amplify |
Sharpe Ratio = -0.154
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| Negative Returns | CNBS |
Estimated Market Risk
| 3.71 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.57 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Amplify Seymour 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 Seymour by adding Amplify Seymour to a well-diversified portfolio.
Average Mkt Cap Mil 451.62038 |
Amplify Seymour Valuation on December 13, 2024
It is possible to determine the worth of Amplify Seymour on a given historical date. On December 13, 2024 Amplify was worth 2.91 at the beginning of the trading date compared to the closed value of 2.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amplify Seymour etf. Still, in general, we apply an absolute valuation method to find Amplify Seymour'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 Seymour where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amplify Seymour's related companies.
| Open | High | Low | Close | Volume | |
| 2.99 | 2.99 | 2.90 | 2.91 | 64,210 | |
12/13/2024 | 2.91 | 2.92 | 2.85 | 2.91 | 44,500 |
| 2.91 | 2.92 | 2.85 | 2.91 | 0.00 |
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Amplify Seymour Trading Date Momentum on December 13, 2024
| On December 15 2024 Amplify Seymour Cannabis was traded for 2.91 at the closing time. The top price for the day was 2.92 and the lowest listed price was 2.85 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
Amplify Seymour Cannabis Fundamentals Correlations and Trends
By evaluating Amplify Seymour'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 Seymour'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 Seymour Etf history
Amplify Seymour 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 Seymour Cannabis 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 Seymour stock prices may prove useful in developing a viable investing in Amplify Seymour
The fund will invest at least 80 percent of its net assets in the securities of companies that derive 50 percent or more of their revenue from the cannabis and hemp ecosystem and in derivatives that have economic characteristics similar to such securities. Amplify Seymour is traded on NYSEARCA Exchange in the United States.
Amplify Seymour Etf Technical Analysis
Amplify Seymour 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 Seymour Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Amplify Seymour Cannabis 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 Seymour December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Amplify Seymour 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 Seymour shares will generate the highest return on investment. By undertsting and applying Amplify Seymour etf market strength indicators, traders can identify Amplify Seymour Cannabis entry and exit signals to maximize returns
Amplify Seymour Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amplify Seymour'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 | (0.09) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.98) | |||
| Treynor Ratio | 0.2298 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplify Seymour Cannabis. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Amplify Seymour Cannabis 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 Seymour's value that differs from its market value or its book value, called intrinsic value, which is Amplify Seymour'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 Seymour's market value can be influenced by many factors that don't directly affect Amplify Seymour'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 Seymour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Seymour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Seymour'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.