Amplify Seymour Cannabis Etf Performance
| CNBS Etf | USD 17.49 0.12 0.69% |
The etf shows a Beta (market volatility) of 0.94, which signifies possible diversification benefits within a given portfolio. Amplify Seymour returns are very sensitive to returns on the market. As the market goes up or down, Amplify Seymour is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Amplify Seymour Cannabis has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Etf's fundamental drivers remain comparatively stable which may send shares a bit higher in April 2025. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
1 | Amplify Seymour Cannabis ETF Quote - Press Release - The Globe and Mail | 01/07/2025 |
2 | Amplify ETFs Aligns Global and U.S. Cannabis Exposure Across MJ and CNBS | 01/28/2025 |
3 | Investment Analysis and Advice - Stock Traders Daily | 03/06/2025 |
| In Threey Sharp Ratio | -0.97 |
Amplify |
Amplify Seymour Relative Risk vs. Return Landscape
If you would invest 2,334 in Amplify Seymour Cannabis on December 25, 2024 and sell it today you would lose (585.00) from holding Amplify Seymour Cannabis or give up 25.06% of portfolio value over 90 days. Amplify Seymour Cannabis is currently does not generate positive expected returns and assumes 3.1822% risk (volatility on return distribution) over the 90 days horizon. In different words, 28% 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 Seymour Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify Seymour's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Amplify Seymour Cannabis, and traders can use it to determine the average amount a Amplify Seymour'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 = -0.1378
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| Negative Returns | CNBS |
Estimated Market Risk
| 3.18 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 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.
Amplify Seymour Fundamentals Growth
Amplify Etf prices reflect investors' perceptions of the future prospects and financial health of Amplify Seymour, and Amplify Seymour 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.
| Total Asset | 36.2 M | |||
About Amplify Seymour Performance
Assessing Amplify Seymour's fundamental ratios provides investors with valuable insights into Amplify Seymour's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Amplify Seymour is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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 generated a negative expected return over the last 90 days | |
| Amplify Seymour has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily | |
| Amplify Seymour Cannabis created five year return of -23.0% |
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.