Amplify Thematic All Stars Etf Price on October 14, 2024
| MVPS Etf | USD 25.45 0.10 0.39% |
If you're considering investing in Amplify Etf, it is important to understand the factors that can impact its price. As of today, the current price of Amplify Thematic stands at 25.45, as last reported on the 15th of December 2024, with the highest price reaching 25.45 and the lowest price hitting 25.28 during the day. Amplify Thematic appears to be very steady, given 3 months investment horizon. Amplify Thematic All secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the etf had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amplify Thematic All Stars, which you can use to evaluate the volatility of the entity. Please makes use of Amplify Thematic's Downside Deviation of 1.15, risk adjusted performance of 0.1833, and Mean Deviation of 0.8831 to double-check if our risk estimates are consistent with your expectations.
Amplify Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Amplify |
Sharpe Ratio = 0.2372
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Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Amplify Thematic is performing at about 18% 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 Thematic by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 191.4 K |
Amplify Thematic Valuation on October 14, 2024
It is possible to determine the worth of Amplify Thematic on a given historical date. On October 14, 2024 Amplify was worth 22.71 at the beginning of the trading date compared to the closed value of 22.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amplify Thematic etf. Still, in general, we apply an absolute valuation method to find Amplify Thematic'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 Thematic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amplify Thematic's related companies.
| Open | High | Low | Close | Volume | |
| 22.57 | 22.61 | 22.57 | 22.60 | 300.00 | |
10/14/2024 | 22.71 | 22.71 | 22.71 | 22.71 | 114.00 |
| 22.64 | 22.64 | 22.35 | 22.35 | 1,200 |
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Amplify Thematic Trading Date Momentum on October 14, 2024
| On October 15 2024 Amplify Thematic All Stars was traded for 22.35 at the closing time. The top price for the day was 22.64 and the lowest listed price was 22.35 . The trading volume for the day was 1.2 K. The trading history from October 15, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.59% . The overall trading delta against the current closing price is 1.94% . |
Amplify Thematic All Fundamentals Correlations and Trends
By evaluating Amplify Thematic'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 Thematic'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 Thematic Etf history
Amplify Thematic 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 Thematic All 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 Thematic stock prices may prove useful in developing a viable investing in Amplify Thematic
The index seeks to provide access to the equity securities of a diversified basket of U.S. and non-U.S. companies that are owned by exchange-traded funds included in select thematic market segments. Amplify Thematic is traded on NYSEARCA Exchange in the United States.
Amplify Thematic Etf Technical Analysis
Amplify Thematic 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 Thematic Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Amplify Thematic All Stars 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 Thematic December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Amplify Thematic 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 Thematic shares will generate the highest return on investment. By undertsting and applying Amplify Thematic etf market strength indicators, traders can identify Amplify Thematic All Stars entry and exit signals to maximize returns
Amplify Thematic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amplify Thematic'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 | 0.1833 | |||
| Jensen Alpha | 0.1872 | |||
| Total Risk Alpha | 0.1375 | |||
| Sortino Ratio | 0.1712 | |||
| Treynor Ratio | 0.26 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Amplify Thematic All Stars. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Amplify Thematic All 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 Thematic's value that differs from its market value or its book value, called intrinsic value, which is Amplify Thematic'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 Thematic's market value can be influenced by many factors that don't directly affect Amplify Thematic'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 Thematic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Thematic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Thematic'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.