Amplify Financials
We suggest to use Amplify fundamental analysis to find out if markets are presently mispricing the etf. Put another way you can use it to find out if Amplify is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down and interpolate data for five available fundamental indicators for Amplify, which can be compared to its peers.
Amplify |
The data published in Amplify's official financial statements typically reflect Amplify's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Amplify's quantitative information. For example, before you start analyzing numbers published by Amplify accountants, it's essential to understand Amplify's liquidity, profitability, and earnings quality within the context of the Amplify ETFs space in which it operates.
Please note, the imprecision that can be found in Amplify's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Amplify. Check Amplify's Beneish M Score to see the likelihood of Amplify's management manipulating its earnings.
Amplify Etf Summary
Amplify competes with Vanguard Small, IShares Russell, IShares SP, SPDR SP, and Invesco WilderHill. The fund will, under normal market conditions, invest at least 80 percent of its net assets in the securities that comprise the index. AMPLIFY CLEANER is traded on NYSEARCA Exchange in the United States.Instrument | USA Etf View All |
Exchange | NASDAQ Exchange |
Region | Others |
Investment Issuer | Others |
Etf Family | Amplify ETFs |
Fund Category | Others |
Portfolio Concentration | Others |
Benchmark | Dow Jones Industrial |
Phone | NA |
Currency | USD - US Dollar |
Amplify Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Amplify's current stock value. Our valuation model uses many indicators to compare Amplify value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Amplify competition to find correlations between indicators driving Amplify's intrinsic value. More Info.Amplify is rated below average in one year return as compared to similar ETFs. It also is rated below average in net asset as compared to similar ETFs . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Amplify's earnings, one of the primary drivers of an investment's value.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Tools for Amplify Etf
When running Amplify's price analysis, check to measure Amplify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amplify is operating at the current time. Most of Amplify's value examination focuses on studying past and present price action to predict the probability of Amplify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amplify's price. Additionally, you may evaluate how the addition of Amplify to your portfolios can decrease your overall portfolio volatility.
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