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 collect and analyze 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.
Amplify Etf Summary
Amplify competes with Horizon Kinetics, and Impact Shares. The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing up to 80 percent of its net assets in portfolio holdings expected to benefit, either directly or indirectly, from rising prices . Amplify ETF 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 considered the top ETF in one year return as compared to similar ETFs. It also is considered the top ETF in net asset as compared to similar ETFs making up about 608,421 of Net Asset per One Year Return. 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.Amplify Market Pulse
| Quote | 0.0 |
| Change(%) | 0.00 |
| Change | 0.00 |
| Open | 0.0 |
| Low | 0.0 |
| High | 0.0 |
| Volume | 1 |
| Exchange | NASDAQ |
Check out Risk vs Return Analysis 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 gross domestic product. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Amplify is measured differently than its book value, which is the value of Amplify that is recorded on the company's balance sheet. Investors also form their own opinion of Amplify's value that differs from its market value or its book value, called intrinsic value, which is Amplify's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amplify's market value can be influenced by many factors that don't directly affect Amplify's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amplify's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.