Amplify Thematic All Stars Etf Technical Analysis
MVPS Etf | USD 25.45 0.10 0.39% |
As of the 15th of December 2024, Amplify Thematic shows the Downside Deviation of 1.15, risk adjusted performance of 0.1833, and Mean Deviation of 0.8831. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Amplify Thematic, as well as the relationship between them. Please confirm Amplify Thematic All variance and potential upside to decide if Amplify Thematic All is priced correctly, providing market reflects its regular price of 25.45 per share.
Amplify Thematic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Amplify, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AmplifyAmplify |
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.
Amplify Thematic All Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Amplify Thematic All volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Amplify Thematic All Trend Analysis
Use this graph to draw trend lines for Amplify Thematic All Stars. You can use it to identify possible trend reversals for Amplify Thematic as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Amplify Thematic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Amplify Thematic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Amplify Thematic All Stars applied against its price change over selected period. The best fit line has a slop of 0.07 , which means Amplify Thematic All Stars will continue generating value for investors. It has 122 observation points and a regression sum of squares at 162.9, which is the sum of squared deviations for the predicted Amplify Thematic price change compared to its average price change.About Amplify Thematic Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Amplify Thematic All Stars on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Amplify Thematic All Stars based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Amplify Thematic All price pattern first instead of the macroeconomic environment surrounding Amplify Thematic All. By analyzing Amplify Thematic's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Amplify Thematic's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Amplify Thematic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Amplify Thematic December 15, 2024 Technical Indicators
Most technical analysis of Amplify help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Amplify from various momentum indicators to cycle indicators. When you analyze Amplify charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Pattern Recognition | ||
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Statistic Functions | ||
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Volume Indicators |
Risk Adjusted Performance | 0.1833 | |||
Market Risk Adjusted Performance | 0.27 | |||
Mean Deviation | 0.8831 | |||
Semi Deviation | 0.8034 | |||
Downside Deviation | 1.15 | |||
Coefficient Of Variation | 404.34 | |||
Standard Deviation | 1.2 | |||
Variance | 1.44 | |||
Information Ratio | 0.1638 | |||
Jensen Alpha | 0.1872 | |||
Total Risk Alpha | 0.1375 | |||
Sortino Ratio | 0.1712 | |||
Treynor Ratio | 0.26 | |||
Maximum Drawdown | 5.86 | |||
Value At Risk | (1.72) | |||
Potential Upside | 2.42 | |||
Downside Variance | 1.32 | |||
Semi Variance | 0.6454 | |||
Expected Short fall | (1.00) | |||
Skewness | 0.2281 | |||
Kurtosis | 1.08 |
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.