(MJ) Amplify Trust - Ratings and Ratios
Marijuana, Hemp, Cannabis Products
Description: MJ Amplify Trust
The Amplify ETF Trust (NYSE ARCA:MJ) is an exchange-traded fund that focuses on the cannabis industry, investing at least 80% of its net assets in securities of companies involved in the cultivation, production, and distribution of cannabis and industrial hemp. This includes firms that produce, market, and transport cannabis-related products for both medical and recreational purposes.
The funds underlying index is designed to capture the performance of global and U.S. companies operating in the cannabis sector, making it a non-diversified ETF with a specific industry focus. As a result, its performance is closely tied to the overall health and growth prospects of the cannabis industry.
From a technical standpoint, the ETFs price is currently at $19.47, showing a stable trend with its 20-day Simple Moving Average (SMA) at $19.42 and 50-day SMA at $19.61. However, its 200-day SMA at $29.71 indicates a longer-term downtrend. The Average True Range (ATR) of 1.07, or 5.51% of the current price, suggests moderate volatility.
Fundamentally, the ETF has $250.68 million in Assets Under Management (AUM), indicating a reasonable scale for an ETF in a niche sector like cannabis. The cannabis industry is subject to regulatory risks and opportunities, with potential for growth driven by increasing legalization and normalization of cannabis use globally.
Forecasting the ETFs performance involves analyzing both technical and fundamental data. Given the current technical indicators, the ETF is near its 50-day SMA, suggesting a potential stabilization or slight recovery. However, the long-term downtrend indicated by the 200-day SMA is a concern. Fundamentally, the growth prospects of the cannabis industry could support the ETFs performance. If the industry continues to expand due to legalization and increased acceptance, companies in the sector could see improved financials, potentially driving the ETFs value higher.
Based on the 52-week high and low of $49.09 and $16.24, respectively, and considering the current price of $19.47, there is potential for both upside and downside. A move towards the 52-week high could be driven by positive industry developments, while a decline towards the 52-week low could be triggered by regulatory setbacks or industry-wide challenges. Therefore, a cautious approach is warranted, with a potential entry point near the current price if the industry outlook improves or technical indicators signal a reversal.
Additional Sources for MJ ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
MJ ETF Overview
Market Cap in USD | 251m |
Category | Miscellaneous Sector |
TER | 0.78% |
IPO / Inception | 2015-12-03 |
MJ ETF Ratings
Growth Rating | -89.2 |
Fundamental | - |
Dividend Rating | 16.0 |
Rel. Strength | -57.2 |
Analysts | - |
Fair Price Momentum | 11.97 USD |
Fair Price DCF | - |
MJ Dividends
Dividend Yield 12m | 4.40% |
Yield on Cost 5y | 0.78% |
Annual Growth 5y | -14.03% |
Payout Consistency | 83.1% |
Payout Ratio | % |
MJ Growth Ratios
Growth Correlation 3m | -9% |
Growth Correlation 12m | -95.5% |
Growth Correlation 5y | -90.4% |
CAGR 5y | -31.80% |
CAGR/Max DD 5y | -0.33 |
Sharpe Ratio 12m | -1.33 |
Alpha | -62.58 |
Beta | 0.655 |
Volatility | 49.02% |
Current Volume | 63.4k |
Average Volume 20d | 31.1k |
As of July 06, 2025, the stock is trading at USD 18.97 with a total of 63,400 shares traded.
Over the past week, the price has changed by +8.84%, over one month by +2.65%, over three months by +8.09% and over the past year by -51.14%.
No, based on ValueRay´s Analyses, Amplify Trust (NYSE ARCA:MJ) is currently (July 2025) a stock to sell. It has a ValueRay Growth Rating of -89.15 and therefor a clear technical negative rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MJ is around 11.97 USD . This means that MJ is currently overvalued and has a potential downside of -36.9%.
Amplify Trust has no consensus analysts rating.
According to our own proprietary Forecast Model, MJ Amplify Trust will be worth about 13.6 in July 2026. The stock is currently trading at 18.97. This means that the stock has a potential downside of -28.15%.
Issuer | Target | Up/Down from current |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 13.6 | -28.1% |