Amplify Online Retail Etf Market Value
| IBUY Etf | USD 68.01 0.11 0.16% |
| Symbol | Amplify |
The market value of Amplify Online Retail 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 Online's value that differs from its market value or its book value, called intrinsic value, which is Amplify Online'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 Online's market value can be influenced by many factors that don't directly affect Amplify Online'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 Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Online'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.
Amplify Online 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Amplify Online's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Amplify Online.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Amplify Online on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Amplify Online Retail or generate 0.0% return on investment in Amplify Online over 30 days. Amplify Online is related to or competes with ProShares Online, WisdomTree Cloud, Amplify ETF, Global X, and Global X. The fund will invest at least 80 percent of its net assets in global equity securities that comprise the index, which wi... More
Amplify Online Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Amplify Online's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Amplify Online Retail upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9926 | |||
| Information Ratio | 0.1464 | |||
| Maximum Drawdown | 4.74 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.34 |
Amplify Online Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify Online's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amplify Online's standard deviation. In reality, there are many statistical measures that can use Amplify Online historical prices to predict the future Amplify Online's volatility.| Risk Adjusted Performance | 0.1999 | |||
| Jensen Alpha | 0.1616 | |||
| Total Risk Alpha | 0.1073 | |||
| Sortino Ratio | 0.1742 | |||
| Treynor Ratio | 0.2681 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amplify Online's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Amplify Online Retail Backtested Returns
Amplify Online appears to be very steady, given 3 months investment horizon. Amplify Online Retail secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the etf had a 0.26% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amplify Online Retail, which you can use to evaluate the volatility of the entity. Please makes use of Amplify Online's Mean Deviation of 0.9237, downside deviation of 0.9926, and Risk Adjusted Performance of 0.1999 to double-check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 1.09, which signifies a somewhat significant risk relative to the market. Amplify Online returns are very sensitive to returns on the market. As the market goes up or down, Amplify Online is expected to follow.
Auto-correlation | 0.84 |
Very good predictability
Amplify Online Retail has very good predictability. Overlapping area represents the amount of predictability between Amplify Online time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amplify Online Retail price movement. The serial correlation of 0.84 indicates that around 84.0% of current Amplify Online price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 2.68 |
Amplify Online Retail lagged returns against current returns
Autocorrelation, which is Amplify Online etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Amplify Online's etf expected returns. We can calculate the autocorrelation of Amplify Online returns to help us make a trade decision. For example, suppose you find that Amplify Online has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Amplify Online regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Amplify Online etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amplify Online etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amplify Online etf over time.
Current vs Lagged Prices |
| Timeline |
Amplify Online Lagged Returns
When evaluating Amplify Online's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amplify Online etf have on its future price. Amplify Online autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Amplify Online autocorrelation shows the relationship between Amplify Online etf current value and its past values and can show if there is a momentum factor associated with investing in Amplify Online Retail.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Amplify Online Retail offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amplify Online's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amplify Online Retail Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Amplify Online Retail Etf:Check out Amplify Online Correlation, Amplify Online Volatility and Amplify Online Alpha and Beta module to complement your research on Amplify Online. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Amplify Online 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.