Amplify Etho Climate Etf Market Value
| ETHO Etf | USD 63.95 0.26 0.41% |
| Symbol | Amplify |
The market value of Amplify Etho Climate 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 Etho's value that differs from its market value or its book value, called intrinsic value, which is Amplify Etho'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 Etho's market value can be influenced by many factors that don't directly affect Amplify Etho'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 Etho's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Etho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Etho'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 Etho '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 Etho'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 Etho.
| 07/04/2025 |
| 10/02/2025 |
If you would invest 0.00 in Amplify Etho on July 4, 2025 and sell it all today you would earn a total of 0.00 from holding Amplify Etho Climate or generate 0.0% return on investment in Amplify Etho over 90 days. Amplify Etho is related to or competes with Fidelity Growth, Fidelity Covington, Fidelity Real, Fidelity Blue, and Fidelity New. The index tracks the performance of the equity securities of a diversified set of U.S More
Amplify Etho 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 Etho'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 Etho Climate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8143 | |||
| Information Ratio | 0.0592 | |||
| Maximum Drawdown | 4.52 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.92 |
Amplify Etho Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify Etho's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amplify Etho's standard deviation. In reality, there are many statistical measures that can use Amplify Etho historical prices to predict the future Amplify Etho's volatility.| Risk Adjusted Performance | 0.0871 | |||
| Jensen Alpha | 0.1439 | |||
| Total Risk Alpha | 0.0114 | |||
| Sortino Ratio | 0.0749 | |||
| Treynor Ratio | (0.74) |
Amplify Etho Climate Backtested Returns
As of now, Amplify Etf is very steady. Amplify Etho Climate secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the etf had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amplify Etho Climate, which you can use to evaluate the volatility of the entity. Please confirm Amplify Etho's Downside Deviation of 0.8143, risk adjusted performance of 0.0871, and Mean Deviation of 0.7763 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The etf shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Amplify Etho are expected to decrease at a much lower rate. During the bear market, Amplify Etho is likely to outperform the market.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Amplify Etho Climate has insignificant reverse predictability. Overlapping area represents the amount of predictability between Amplify Etho time series from 4th of July 2025 to 18th of August 2025 and 18th of August 2025 to 2nd of October 2025. 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 Etho Climate price movement. The serial correlation of -0.16 indicates that over 16.0% of current Amplify Etho price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1.17 |
Amplify Etho Climate lagged returns against current returns
Autocorrelation, which is Amplify Etho 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 Etho's etf expected returns. We can calculate the autocorrelation of Amplify Etho returns to help us make a trade decision. For example, suppose you find that Amplify Etho 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 Etho 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 Etho etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amplify Etho etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amplify Etho etf over time.
Current vs Lagged Prices |
| Timeline |
Amplify Etho Lagged Returns
When evaluating Amplify Etho's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amplify Etho etf have on its future price. Amplify Etho 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 Etho autocorrelation shows the relationship between Amplify Etho etf current value and its past values and can show if there is a momentum factor associated with investing in Amplify Etho Climate.
Regressed Prices |
| Timeline |
Pair Trading with Amplify Etho
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amplify Etho position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amplify Etho will appreciate offsetting losses from the drop in the long position's value.Moving together with Amplify Etf
| 0.86 | VO | Vanguard Mid Cap | PairCorr |
| 0.94 | VXF | Vanguard Extended Market | PairCorr |
| 0.9 | IJH | iShares Core SP | PairCorr |
| 0.9 | IWR | iShares Russell Mid Sell-off Trend | PairCorr |
| 0.9 | MDY | SPDR SP MIDCAP | PairCorr |
Moving against Amplify Etf
| 0.33 | FNGU | MicroSectors FANG Index Symbol Change | PairCorr |
The ability to find closely correlated positions to Amplify Etho could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amplify Etho when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amplify Etho - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amplify Etho Climate to buy it.
The correlation of Amplify Etho is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amplify Etho moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify Etho Climate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amplify Etho can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Amplify Etho Correlation, Amplify Etho Volatility and Amplify Etho Alpha and Beta module to complement your research on Amplify Etho. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Amplify Etho 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.