Amplify High Income Etf Profile
| YYY Etf | USD 11.51 0.01 0.09% |
Performance4 of 100
| Odds Of DistressLess than 9
|
Amplify High is trading at 11.51 as of the 17th of April 2024; that is -0.09 percent decrease since the beginning of the trading day. The etf's open price was 11.52. Amplify High has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Amplify High Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of April 2023 and ending today, the 17th of April 2024. Click here to learn more.
The fund will normally invest at least 80 percent of its net assets in securities of the index. Amplify High is traded on NYSEARCA Exchange in the United States. More on Amplify High Income
Moving together with Amplify Etf
| 0.96 | TDSC | Cabana Target Drawdown | PairCorr |
| 0.83 | TDSD | Exchange Traded Concepts | PairCorr |
| 0.92 | TDSB | Cabana Target Drawdown | PairCorr |
| 0.85 | TDSE | Exchange Traded Concepts | PairCorr |
| 0.93 | GMOM | Cambria Global Momentum | PairCorr |
| 0.84 | AGOX | Adaptive Alpha Oppor | 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 High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Amplify High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Old Name | Exchange Traded Concepts Trust - YieldShares High Income ETF |
| Business Concentration | Asset Allocation ETFs, Target Outcome ETFs, Tactical Allocation, Amplify ETFs (View all Sectors) |
| Issuer | Amplify |
| Inception Date | 2013-06-21 |
| Benchmark | ISE High Income Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 452.53 Million |
| Average Trading Valume | 227,102 |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Developed Markets |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Amplify Investments LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Dustin Lewellyn, Ernesto Tong, Anand Desai |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 46.0 |
| Market Maker | Virtu Financial |
| Total Expense | 2.26 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 3.87 |
| Name | Amplify High Income ETF |
| Currency Code | USD |
| Open Figi | BBG0033KWW36 |
| In Threey Volatility | 14.92 |
| 1y Volatility | 11.34 |
| 200 Day M A | 11.5801 |
| 50 Day M A | 11.8966 |
| Code | YYY |
| Updated At | 16th of April 2024 |
| Currency Name | US Dollar |
Amplify High Income [YYY] is traded in USA and was established 2012-06-12. The fund is classified under Tactical Allocation category within Amplify ETFs family. The entity is thematically classified as Asset Allocation ETFs. Amplify High me at this time have 288.35 M in net assets. , while the total return for the last 3 years was 0.6%.
Check Amplify High 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 High Income 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 High Income Etf Constituents
| HIX | Western Asset High | Fund | Asset Management |
| EVV | Eaton Vance Limited | Fund | Asset Management |
| RQI | Cohen Steers Qualityome | Fund | Asset Management |
| ISD | Pgim High Yield | Fund | Asset Management |
| JFR | Nuveen Floating Rate | Fund | Asset Management |
| CSQ | Calamos Strategic Total | Fund | Asset Management |
| ETJ | Eaton Vance Risk | Fund | Asset Management |
Amplify High Target Price Odds Analysis
Based on a normal probability distribution, the odds of Amplify High jumping above the current price in 90 days from now is about 85.37%. The Amplify High Income probability density function shows the probability of Amplify High etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Amplify High has a beta of 0.1714. This entails as returns on the market go up, Amplify High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Amplify High Income will be expected to be much smaller as well. Additionally, amplify High Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Amplify High to move above the current price in 90 days from now is about 85.37 (This Amplify High Income probability density function shows the probability of Amplify Etf to fall within a particular range of prices over 90 days) .
Amplify High me Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Amplify High market risk premium is the additional return an investor will receive from holding Amplify High 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 High. 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 High's alpha and beta are two of the key measurements used to evaluate Amplify High's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0011 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.1) |
Amplify High Against Markets
Picking the right benchmark for Amplify High 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 High 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 High is critical whether you are bullish or bearish towards Amplify High Income at a given time. Please also check how Amplify High'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 High 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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How to buy Amplify Etf?
Before investing in Amplify High, 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 High. To buy Amplify High etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Amplify High. 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 High etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Amplify High Income 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 High Income 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 High Income, 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 High guide.
Already Invested in Amplify High Income?
The danger of trading Amplify High Income 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 High 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 High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Amplify High me 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 High me offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amplify High'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 High Income Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Amplify High Income Etf: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Amplify High Income. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Amplify High me 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 High's value that differs from its market value or its book value, called intrinsic value, which is Amplify High'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 High's market value can be influenced by many factors that don't directly affect Amplify High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify High'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.