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Asset Summary

Weekly Performance Report for AMCR ETF: Week 45, 2024

Summary: The Weekly started with AMCR ETF opening at $10.29 and closing at $10.2. The ETF showed weakness throughout the Weekly, with the highest price observed at $10.47 and the lowest at $10.13. The underlying asset had a trading range of $0.34 Overall, it was a negative trading Weekly for AMCR ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-0.09 or -0.87% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for AMCR ETF was 28,996,606 units during Week 45, indicating active market participation and investor interest.

Opening Price: The Weekly started at $10.29.

Highest Price: The highest price observed during the Weekly was $10.47.

Lowest Price: The lowest price observed during the Weekly was $10.13.

Closing Price: The Weekly ended at $10.2.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Investors can buy shares of AMCR through a brokerage account, as it is publicly traded on the New York Stock Exchange under the ticker symbol "AMCR."

Historically, AMCR has shown steady performance in the packaging sector, but past performance does not guarantee future results, and investors should conduct thorough research.

Amcor is known for its innovative packaging solutions, including flexible packaging that enhances product protection and shelf appeal, as well as advancements in sustainable packaging technologies.

Investing in AMCR carries risks such as fluctuations in raw material costs, changes in consumer preferences, and regulatory challenges that may impact the packaging industry.

Amcor typically reports its earnings on a quarterly basis, providing updates on financial performance, operational efficiencies, and strategic initiatives.

Yes, Amcor pays dividends to its shareholders. The dividend yield and payment schedule can vary based on the company’s financial performance and decisions by its board of directors.

Amcor prioritizes employee welfare and safety, implementing various health and safety programs, training, and initiatives to foster a positive working environment.

Amcor engages in various community support initiatives, including educational programs, environmental stewardship projects, and partnerships with local organizations to foster positive community impact.

Amcor manufactures a variety of packaging products, including flexible and rigid containers, cartons, and specialty packaging solutions designed to enhance product safety and shelf life.

Amcor is committed to sustainability, focusing on reducing environmental impact through initiatives like recyclable packaging, reducing plastic use, and improving energy efficiency in its operations.

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