Amplify Transformational Data Etf Profile
| BLOK Etf | USD 32.55 0.38 1.15% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Amplify Transformational is selling for 32.55 as of the 25th of April 2024. This is a -1.15% down since the beginning of the trading day. The etf's last reported lowest price was 32.38. Amplify Transformational has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Amplify Transformational Data are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The fund is an actively managed ETF that seeks to provide total return by investing at least 80 percent of its net assets in the equity securities of companies actively involved in the development and utilization of transformational data sharing technologies. More on Amplify Transformational Data
Moving together with Amplify Etf
| 0.92 | BITO | ProShares Bitcoin Aggressive Push | PairCorr |
| 0.98 | BLCN | Siren Nasdaq NexGen | PairCorr |
| 0.88 | LEGR | First Trust Indxx | PairCorr |
| 0.98 | BITQ | Bitwise Crypto Industry | PairCorr |
| 0.95 | SPBC | Simplify Equity PLUS | PairCorr |
| 0.96 | DAPP | VanEck Digital Trans | PairCorr |
Amplify Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Amplify Transformational's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Amplify Transformational or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Old Name | GlobalBlock Digital Asset Trading Ltd |
| Business Concentration | Digital Assets, Amplify ETFs (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 10.32 |
| Name | Amplify Transformational Data Sharing ETF |
| Currency Code | USD |
| In Threey Volatility | 47.49 |
| 1y Volatility | 46.68 |
| 200 Day M A | 26.4225 |
| 50 Day M A | 33.5484 |
| Code | BLOK |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.03) |
| Type | ETF |
Amplify Transformational Data [BLOK] is traded in USA and was established 2018-01-16. The fund is listed under Digital Assets category and is part of Amplify ETFs family. Amplify Transformational currently have 493.92 M in assets under management (AUM). , while the total return for the last 3 years was -8.7%.
Check Amplify Transformational Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Amplify Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Amplify Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Amplify Transformational Data Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Amplify Transformational Data Etf Constituents
| INTC | Intel | Stock | Information Technology |
| ORCL | Oracle | Stock | Information Technology |
| FB | Meta Platforms | Stock | Internet Content & Information |
| GS | Goldman Sachs Group | Stock | Financials |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
| VYGR | Voyager Therapeutics | Stock | Health Care |
| SQ | Block Inc | Stock | Information Technology |
Amplify Transformational Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Amplify Transformational jumping above the current price in 90 days from now is about 43.26%. The Amplify Transformational Data probability density function shows the probability of Amplify Transformational etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 2.1988 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Amplify Transformational will likely underperform. Additionally, amplify Transformational Data has an alpha of 0.1573, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Amplify Transformational to move above the current price in 90 days from now is about 43.26 (This Amplify Transformational Data probability density function shows the probability of Amplify Etf to fall within a particular range of prices over 90 days) .
Amplify Transformational Top Holders
| HCMDX | Hcm Tactical Growth | Mutual Fund | Large Growth |
| HCMIX | Hcm Tactical Growth | Mutual Fund | Large Growth |
| HCMGX | Hcm Tactical Growth | Mutual Fund | Large Growth |
| HCMSX | Hcm Tactical Growth | Mutual Fund | Large Growth |
Amplify Transformational Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Amplify Transformational market risk premium is the additional return an investor will receive from holding Amplify Transformational long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Amplify Transformational. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Amplify Transformational's alpha and beta are two of the key measurements used to evaluate Amplify Transformational's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0954 | |||
| Jensen Alpha | 0.1573 | |||
| Total Risk Alpha | 4.0E-4 | |||
| Sortino Ratio | 0.1206 |
Amplify Transformational Against Markets
Picking the right benchmark for Amplify Transformational etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Amplify Transformational etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Amplify Transformational is critical whether you are bullish or bearish towards Amplify Transformational Data at a given time. Please also check how Amplify Transformational's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Amplify Transformational without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Amplify Etf?
Before investing in Amplify Transformational, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Amplify Transformational. To buy Amplify Transformational etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Amplify Transformational. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Amplify Transformational etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Amplify Transformational Data etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Amplify Transformational Data etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Amplify Transformational Data, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Amplify Etf please use our How to Invest in Amplify Transformational guide.
Already Invested in Amplify Transformational Data?
The danger of trading Amplify Transformational Data is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Amplify Transformational is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Amplify Transformational. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Amplify Transformational is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Amplify Transformational is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Amplify Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Amplify Transformational Data Etf. Highlighted below are key reports to facilitate an investment decision about Amplify Transformational Data Etf: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplify Transformational Data. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Amplify Transformational 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 Transformational's value that differs from its market value or its book value, called intrinsic value, which is Amplify Transformational'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 Transformational's market value can be influenced by many factors that don't directly affect Amplify Transformational'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 Transformational's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Transformational is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Transformational'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.