Amplify Alternative Harvest Etf Buy Hold or Sell Recommendation
| MJ Etf | USD 3.76 0.05 1.35% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Amplify Alternative Harvest is 'Cautious Hold'. Macroaxis provides Amplify Alternative buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MJ positions. The advice algorithm takes into account all of Amplify Alternative's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Amplify Alternative's buy or sell advice are summarized below:
Real Value 3.77 | Hype Value 3.76 | Market Value 3.76 | Naive Value 3.13 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Amplify Alternative Harvest given historical horizon and risk tolerance towards Amplify Alternative. When Macroaxis issues a 'buy' or 'sell' recommendation for Amplify Alternative Harvest, the advice is generated through an automated system that utilizes algorithms and statistical models.
Amplify |
Execute Amplify Alternative Buy or Sell Advice
The Amplify recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Amplify Alternative Harvest. Macroaxis does not own or have any residual interests in Amplify Alternative Harvest or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Amplify Alternative's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
Amplify Alternative Trading Alerts and Improvement Suggestions
| Amplify Alternative had very high historical volatility over the last 90 days | |
| Amplify Alternative produced five year return of -34.0% | |
| This fund maintains 81.08% of its assets in stocks |
Amplify Alternative Returns Distribution Density
The distribution of Amplify Alternative's historical returns is an attempt to chart the uncertainty of Amplify Alternative's future price movements. The chart of the probability distribution of Amplify Alternative daily returns describes the distribution of returns around its average expected value. We use Amplify Alternative Harvest price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Amplify Alternative returns is essential to provide solid investment advice for Amplify Alternative.
| Mean Return | 0.28 | Value At Risk | -4.99 | Potential Upside | 7.77 | Standard Deviation | 3.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Amplify Alternative historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Amplify Alternative Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Amplify Alternative or ETFMG sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Amplify Alternative's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Amplify etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.17 | |
β | Beta against NYSE Composite | 2.27 | |
σ | Overall volatility | 3.65 | |
Ir | Information ratio | 0.06 |
Amplify Alternative Volatility Alert
Amplify Alternative Harvest shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Amplify Alternative's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Amplify Alternative's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Amplify Alternative Fundamentals Vs Peers
Comparing Amplify Alternative's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Amplify Alternative's direct or indirect competition across all of the common fundamentals between Amplify Alternative and the related equities. This way, we can detect undervalued stocks with similar characteristics as Amplify Alternative or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Amplify Alternative's fundamental indicators could also be used in its relative valuation, which is a method of valuing Amplify Alternative by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Amplify Alternative to competition |
| Fundamentals | Amplify Alternative | Peer Average |
| Beta | 1.45 | |
| One Year Return | (15.00) % | (0.97) % |
| Three Year Return | (46.10) % | 3.23 % |
| Five Year Return | (34.50) % | 1.12 % |
| Net Asset | 396.89 M | 2.29 B |
| Last Dividend Paid | 0.28 | 0.14 |
| Equity Positions Weight | 81.08 % | 52.82 % |
| Bond Positions Weight | 0.12 % | 8.16 % |
Amplify Alternative Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Amplify . With many 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.
About Amplify Alternative Buy or Sell Advice
When is the right time to buy or sell Amplify Alternative Harvest? Buying financial instruments such as Amplify Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Amplify Alternative in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Exotic Funds Thematic Idea Now
Exotic Funds
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Exotic Funds Theme or any other thematic opportunities.
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Check out Amplify Alternative Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Amplify Alternative 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 Alternative's value that differs from its market value or its book value, called intrinsic value, which is Amplify Alternative'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 Alternative's market value can be influenced by many factors that don't directly affect Amplify Alternative'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 Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Alternative'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.