Amplify High Income Etf Technical Analysis
YYY Etf | USD 12.16 0.06 0.49% |
As of the 12th of December 2024, Amplify High shows the Risk Adjusted Performance of 0.0816, downside deviation of 0.4287, and Mean Deviation of 0.3278. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Amplify High, as well as the relationship between them.
Amplify High 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 High 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 High Income Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 High Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Amplify High Income Trend Analysis
Use this graph to draw trend lines for Amplify High Income. You can use it to identify possible trend reversals for Amplify High 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 High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Amplify High Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Amplify High Income applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that Amplify High Income will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.22, which is the sum of squared deviations for the predicted Amplify High price change compared to its average price change.About Amplify High 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 High Income 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 High Income based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Amplify High Income price pattern first instead of the macroeconomic environment surrounding Amplify High Income. By analyzing Amplify High'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 High'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 High specific price patterns or momentum indicators. Please read more on our technical analysis page.
Amplify High December 12, 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0816 | |||
Market Risk Adjusted Performance | 0.138 | |||
Mean Deviation | 0.3278 | |||
Semi Deviation | 0.3123 | |||
Downside Deviation | 0.4287 | |||
Coefficient Of Variation | 808.27 | |||
Standard Deviation | 0.4059 | |||
Variance | 0.1647 | |||
Information Ratio | (0.18) | |||
Jensen Alpha | 0.0043 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.17) | |||
Treynor Ratio | 0.128 | |||
Maximum Drawdown | 1.84 | |||
Value At Risk | (0.67) | |||
Potential Upside | 0.6706 | |||
Downside Variance | 0.1838 | |||
Semi Variance | 0.0975 | |||
Expected Short fall | (0.38) | |||
Skewness | (0.32) | |||
Kurtosis | (0.22) |
Amplify High December 12, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Amplify stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 360.64 | ||
Daily Balance Of Power | (1.50) | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 12.18 | ||
Day Typical Price | 12.17 | ||
Price Action Indicator | (0.05) |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Amplify High Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Amplify High Income 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 High's value that differs from its market value or its book value, called intrinsic value, which is Amplify High'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 High's market value can be influenced by many factors that don't directly affect Amplify High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify High'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.