Adaptive Hedged Multi-Asset Income ETF (AMAX) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Adaptive Hedged Multi-Asset Income ETF (AMAX) trades at $7.60. Adaptive Hedged Multi-Asset Income ETF (AMAX) is an actively managed ETF aiming for total return. Market cap: $22.0M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for AMAX: AMAX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates AMAX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
AMAX: 1/3 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →Adaptive Hedged Multi-Asset Income ETF (AMAX) Financial Services Profile
Adaptive Hedged Multi-Asset Income ETF (AMAX) is an actively managed ETF focusing on total return through investments in other investment companies and direct investments. It operates within the asset management sector, offering investors exposure to a diversified portfolio without replicating a specific index, targeting income generation.
What Is the Investment Thesis for AMAX?
Adaptive Hedged Multi-Asset Income ETF (AMAX) presents a unique investment proposition within the asset management sector. Its active management strategy offers the potential for outperformance compared to passively managed index funds. The fund's ability to invest in a diversified portfolio of other investment companies and make direct investments provides flexibility in navigating market conditions. However, the fund's small market capitalization of $22.0M and lack of dividend yield may deter some investors. The fund's beta of 0.76 suggests lower volatility compared to the broader market. Key catalysts include the advisor's ability to identify and capitalize on investment opportunities, while potential risks include market fluctuations and the performance of underlying portfolio funds. The success of AMAX hinges on the advisor's expertise in asset allocation and risk management.
Based on FMP financials and quantitative analysis
AMAX Key Highlights
Actively managed ETF seeking total return, differentiating it from passive index trackers.
- Invests in other investment companies (mutual funds and ETFs) and makes direct investments for diversified exposure.
- Market capitalization of $22.0M indicates a relatively small fund.
- Beta of 0.76 suggests lower volatility compared to the overall market.
- No dividend yield may be a drawback for income-focused investors.
Who Are AMAX's Competitors?
AMAX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| EAOR iShares ESG Aware 60/40 Balanced Allocation ETF | $38.02 | +0.07% | $33.5M | 46 |
| JUNT AllianzIM U.S. Equity Buffer10 Jun ETF | $38.40 | -0.52% | $117M | 47 |
| KHYB KraneShares Asia Pacific High Income USD Bond ETF | $24.21 | -0.03% | $22.7M | 46 |
| RFFC ALPS Active Equity Opportunity ETF | $76.18 | -0.75% | $32.4M | 47 |
| RHRX RH Tactical Rotation ETF | $21.67 | -1.07% | $17.8M | 47 |
| ICTVX ICON Utilities and Income Fund Investor | $11.25 | +0.09% | $53.6M | 55 |
| JMM Nuveen Multi-Market Income Fund | $5.76 | -0.51% | $54.5M | 56 |
| PGZ Principal Real Estate Income Fund | $10.01 | -0.60% | $67.0M | 56 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are AMAX's Key Strengths?
Active management strategy with potential for outperformance.
- Diversified portfolio of underlying investment companies.
- Flexibility to make direct investments.
- Lower volatility compared to the overall market (beta of 0.76).
What Are AMAX's Weaknesses?
Small market capitalization ($0.02 billion).
- No dividend yield.
- Reliance on the performance of underlying portfolio funds.
- Higher expense ratio compared to passively managed ETFs.
What Could Drive AMAX Stock Higher?
Advisor's ability to identify and capitalize on investment opportunities.
- Growth in the ETF market and increasing demand for diversified investment solutions.
- Effective marketing and distribution strategies to attract new investors.
What Are the Key Risks for AMAX?
Market fluctuations and economic downturns.
- Underperformance of underlying portfolio funds.
- Increased competition from other ETFs and investment vehicles.
- Changes in regulations affecting the ETF industry.
What Are the Growth Opportunities for AMAX?
- Expansion of assets under management (AUM): AMAX has the opportunity to grow its AUM by attracting new investors and increasing investments from existing clients. This can be achieved through effective marketing and distribution strategies, as well as strong investment performance. The global ETF market is projected to reach $15 trillion by 2028, providing a significant growth runway for AMAX. Timeline: Ongoing.
- Strategic partnerships: AMAX can form strategic partnerships with other financial institutions, such as wealth management firms and retirement plan providers, to expand its distribution network and reach a wider audience of investors. These partnerships can provide access to new markets and customer segments. Timeline: Ongoing.
- Development of new investment products: AMAX can develop new investment products that cater to specific investor needs and preferences. This could include ETFs focused on specific asset classes, sectors, or investment strategies. Innovation in product development can attract new investors and differentiate AMAX from its competitors. Timeline: Ongoing.
- Geographic expansion: AMAX can expand its operations into new geographic markets, particularly in regions with growing demand for ETFs. This could involve establishing a local presence or partnering with local distributors. Geographic expansion can increase AMAX's AUM and revenue base. Timeline: Ongoing.
- Enhanced technology and data analytics: AMAX can invest in advanced technology and data analytics capabilities to improve its investment decision-making process and enhance its risk management capabilities. This can lead to better investment performance and attract more investors. Timeline: Ongoing.
What Are AMAX's Competitive Advantages?
- Active management expertise in asset allocation and risk management.
- Access to a diversified portfolio of underlying investment companies.
- Flexibility to make direct investments in specific opportunities.
What Does AMAX Do?
Adaptive Hedged Multi-Asset Income ETF (AMAX) is an actively managed exchange-traded fund (ETF) designed to provide investors with total return. Unlike passively managed ETFs that track a specific index, AMAX employs an active investment strategy, allowing the advisor to strategically allocate assets to maximize returns. The fund achieves its investment objective primarily by investing in other investment companies, including mutual funds and exchange-traded funds registered under the Investment Company Act of 1940, which are not affiliated with the fund. These portfolio funds offer diversified exposure across various asset classes and investment strategies. In addition to investing in portfolio funds, AMAX may also make direct investments in securities or other assets. This flexibility enables the advisor to capitalize on specific investment opportunities and adjust the portfolio based on market conditions. The fund's active management approach aims to generate consistent income and capital appreciation for its investors, while also managing risk through hedging strategies and diversification. AMAX provides investors with a convenient and cost-effective way to access a professionally managed, multi-asset portfolio.
What Products and Services Does AMAX Offer?
- Invests in other investment companies, including mutual funds and ETFs.
- Makes direct investments in securities or other assets.
- Actively manages the portfolio to achieve total return.
- Employs hedging strategies to manage risk.
- Provides investors with diversified exposure across various asset classes.
- Offers a convenient and cost-effective investment solution.
How Does AMAX Make Money?
- Generates revenue through management fees charged on AUM.
- May earn performance-based fees based on investment performance.
- Aims to provide total return to investors through income and capital appreciation.
What Industry Does AMAX Operate In?
Adaptive Hedged Multi-Asset Income ETF (AMAX) operates within the asset management industry, which is characterized by increasing demand for diversified investment solutions. The ETF market has experienced significant growth in recent years, driven by the benefits of liquidity, transparency, and cost-effectiveness. AMAX competes with other actively managed and passively managed ETFs, as well as mutual funds and other investment vehicles. The competitive landscape is intense, with firms vying for market share based on investment performance, fees, and distribution capabilities. AMAX's active management approach and focus on total return differentiate it from passively managed index ETFs.
Who Are AMAX's Key Customers?
- Individual investors seeking diversified investment exposure.
- Financial advisors looking for investment solutions for their clients.
- Institutional investors seeking actively managed ETF strategies.
Adaptive Hedged Multi-Asset Income ETF (AMAX) Valuation Context
Valued at $22.0M, AMAX is classified as a micro-cap stock.
Key Financial Metrics
Return on equity for Adaptive Hedged Multi-Asset Income ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. AMAX trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
AMAX Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in AMAX's strategy and future growth potential.
- Community sentiment has shifted positively, with discussions highlighting the ETF's diversified approach to income generation.
- The market has responded favorably to AMAX's recent adjustments in asset allocation, indicating adaptability to changing economic conditions.
- Increased interest in multi-asset strategies reflects a growing trend among investors seeking stability and income in uncertain markets.
Bear Case
- Concerns about rising interest rates could impact the ETF's income generation capabilities, leading to cautious sentiment.
- Some community members express skepticism about the ETF's ability to outperform traditional income strategies in a volatile market.
- Recent discussions have highlighted a lack of clarity in the ETF's long-term strategy, causing uncertainty among investors.
- Market perception remains mixed, with some viewing AMAX as potentially overexposed to certain asset classes amid economic headwinds.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
AMAX Latest News
No recent news available for AMAX.
AMAX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for AMAX.
Price Targets
Wall Street price target analysis for AMAX.
AMAX MoonshotScore
What does this score mean?
The MoonshotScore rates AMAX 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
What Investors Ask About Adaptive Hedged Multi-Asset Income ETF (AMAX) — Financial Services
What does Adaptive Hedged Multi-Asset Income ETF do?
Adaptive Hedged Multi-Asset Income ETF (AMAX) is an actively managed ETF that aims to achieve total return by investing in other investment companies, including mutual funds and ETFs, or by making direct investments. The fund's active management approach allows the advisor to strategically allocate assets to maximize returns and manage risk.
What are the main risks for AMAX?
The main risks for AMAX include market fluctuations, underperformance of underlying portfolio funds, increased competition from other ETFs and investment vehicles, and changes in regulations affecting the ETF industry. The fund's active management approach also carries the risk of the advisor making poor investment decisions. Additionally, the fund's small market capitalization may result in lower liquidity and higher price volatility. Investors should carefully consider these risks before investing in AMAX.
What are the key factors to evaluate for AMAX?
Evaluate AMAX on fundamentals, analyst consensus, and risk factors. Adaptive Hedged Multi-Asset Income ETF (AMAX) presents a unique investment proposition within the asset management sector. Not financial advice.
How frequently does AMAX data refresh on this page?
AMAX's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven AMAX's recent stock price performance?
Adaptive Hedged Multi-Asset Income ETF (AMAX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Active management strategy with potential for outperformance. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider AMAX overvalued or undervalued right now?
Adaptive Hedged Multi-Asset Income ETF (AMAX) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research AMAX before investing?
Before investing in Adaptive Hedged Multi-Asset Income ETF (AMAX), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding AMAX to a portfolio?
Key strength of Adaptive Hedged Multi-Asset Income ETF (AMAX): Active management strategy with potential for outperformance. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for AMAX, limiting the availability of analyst consensus and detailed financial analysis.
- The fund's performance is dependent on the advisor's expertise and the performance of underlying portfolio funds.