Amplify Etf Trust Etf Performance
| ETHO Etf | USD 62.06 0.80 1.31% |
The etf shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amplify ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amplify ETF is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Amplify ETF Trust are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy technical indicators, Amplify ETF is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.11 |
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Amplify ETF Relative Risk vs. Return Landscape
If you would invest 5,872 in Amplify ETF Trust on October 25, 2024 and sell it today you would earn a total of 334.00 from holding Amplify ETF Trust or generate 5.69% return on investment over 90 days. Amplify ETF Trust is currently generating 0.0998% in daily expected returns and assumes 1.1032% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% 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 |
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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 = 0.0904
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Estimated Market Risk
| 1.1 actual daily | 9 91% 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 | 7 93% of assets perform better |
Based on monthly moving average Amplify ETF is performing at about 7% 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.
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.
| Price To Earning | 21.88 X | |||
| Price To Book | 2.71 X | |||
| Price To Sales | 1.96 X | |||
| Total Asset | 147.67 M | |||
About Amplify ETF Performance
By examining Amplify ETF's fundamental ratios, stakeholders can obtain critical insights into Amplify ETF's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Amplify ETF is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The index tracks the performance of the equity securities of a diversified set of U.S. companies that are leaders in their industry with respect to their carbon impact. Etho Climate is traded on NYSEARCA Exchange in the United States.| The fund retains 99.54% of its assets under management (AUM) in equities |
Check out Investing Opportunities 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 rate. To learn how to invest in Amplify Etf, please use our How to Invest in Amplify ETF guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable 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.