Amplify Etf Trust Etf Performance
| AWAY Etf | USD 20.48 0.02 0.1% |
The etf shows a Beta (market volatility) of 0.86, which signifies possible diversification benefits within a given portfolio. Amplify ETF returns are very sensitive to returns on the market. As the market goes up or down, Amplify ETF is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Amplify ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Amplify ETF is not utilizing all of its potentials. The new stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.24 |
Amplify |
Amplify ETF Relative Risk vs. Return Landscape
If you would invest 2,176 in Amplify ETF Trust on December 22, 2024 and sell it today you would lose (128.00) from holding Amplify ETF Trust or give up 5.88% of portfolio value over 90 days. Amplify ETF Trust is currently does not generate positive expected returns and assumes 1.3201% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than Amplify, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
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 = -0.07
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AWAY |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 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.
| Return On Asset | 0.009 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 2.83 B | |||
| Shares Outstanding | 93.73 M | |||
| Price To Earning | 592.67 X | |||
| Price To Book | 3.61 X | |||
| Price To Sales | 7.14 X | |||
| Revenue | 446.76 M | |||
| Cash And Equivalents | 292.32 M | |||
| Cash Per Share | 9.56 X | |||
| Total Debt | 316.18 M | |||
| Debt To Equity | 0.34 % | |||
| Cash Flow From Operations | 145.36 M | |||
| Earnings Per Share | 0.06 X | |||
| Total Asset | 143.98 M | |||
| Retained Earnings | (62.73 M) | |||
| Current Asset | 864.95 M | |||
| Current Liabilities | 230.4 M | |||
About Amplify ETF Performance
Evaluating Amplify ETF's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. 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 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 Trust generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| The fund created three year return of -15.0% | |
| Amplify ETF Trust holds 99.14% of its assets under management (AUM) in equities |
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 Stocks Directory module to find actively traded stocks across global markets.
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.