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Asset Summary

Daily Performance Report for AMD ETF: Nov 21, 2024

Summary: The day started with AMD ETF opening at $137.77 and closing at $136.52. The ETF showed weakness throughout the day, with the highest price observed at $137.89 and the lowest at $136.23. The underlying asset had a trading range of $1.66 Overall, it was a negative trading day for AMD ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-1.25 or -0.91% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for AMD ETF was 120,036 units during Nov 21, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $137.77.

Highest Price: The highest price observed during the day was $137.89.

Lowest Price: The lowest price observed during the day was $136.23.

Closing Price: The day ended at $136.52.

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

As of now, AMD does not pay dividends. Instead, the company reinvests its profits into research and development to drive growth and innovation.

AMD invests heavily in research and development to innovate and improve its semiconductor technologies, focusing on next-generation computing solutions.

AMD competes by focusing on high-performance computing solutions, innovative architectures, and aggressive pricing strategies, particularly against competitors like Intel and NVIDIA.

Investors can buy shares of AMD through a brokerage account, as it is publicly traded on the Nasdaq under the ticker symbol "AMD."

AMD has been increasing its market share in the CPU and GPU markets, particularly in the gaming and data center segments, through its innovative product offerings.

Major products from AMD include the Ryzen series of CPUs for desktops and laptops, the EPYC series for servers, and the Radeon series of graphics cards.

Investing in AMD carries risks such as market volatility, competition from other semiconductor companies, and potential supply chain disruptions.

AMD has formed partnerships with various companies, including major PC manufacturers and gaming console makers, to integrate its technology into their products.

AMD typically reports its earnings on a quarterly basis, providing insights into its financial performance, market strategy, and product development.

AMD is committed to sustainability by aiming to reduce energy consumption in its products and operations, and by engaging in responsible manufacturing practices.

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