Amplify Etf Trust Etf Performance
| QDVO Etf | 26.83 0.29 1.07% |
The etf shows a Beta (market volatility) of -0.02, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Amplify ETF are expected to decrease at a much lower rate. During the bear market, Amplify ETF is likely to outperform the market.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Amplify ETF Trust are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of very unsteady basic indicators, Amplify ETF may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Amplify CWP Growth Income ETF declares 0.1513 dividend | 10/30/2024 |
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Amplify ETF Relative Risk vs. Return Landscape
If you would invest 2,455 in Amplify ETF Trust on August 30, 2024 and sell it today you would earn a total of 257.00 from holding Amplify ETF Trust or generate 10.47% return on investment over 90 days. Amplify ETF Trust is currently generating 0.1619% in daily expected returns and assumes 0.8709% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Amplify, and 97% 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 = 0.1859
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Amplify ETF is performing at about 14% 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.
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.