Amplify ETF Valuation
| MJ Etf | USD 2.61 0.01 0.38% |
Based on Macroaxis valuation methodology, the entity appears to be overvalued. Amplify ETF Trust shows a prevailing Real Value of $2.48 per share. The current price of the entity is $2.61. Our model approximates the value of Amplify ETF Trust from analyzing the entity fundamentals such as Total Asset of 396.89 M, number of employees of 375, and Net Asset of 396.89 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Amplify ETF's price fluctuation is risky at this time. Calculation of the real value of Amplify ETF Trust is based on 3 months time horizon. Increasing Amplify ETF's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Amplify ETF's intrinsic value may or may not be the same as its current market price of 2.61, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 2.61 | Real 2.48 | Hype 2.65 | Naive 2.83 |
The intrinsic value of Amplify ETF's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Amplify ETF's stock price.
Estimating the potential upside or downside of Amplify ETF Trust helps investors to forecast how Amplify etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Amplify ETF more accurately as focusing exclusively on Amplify ETF's fundamentals will not take into account other important factors: About Amplify ETF Valuation
An absolute valuation paradigm, as applied to Amplify Etf, attempts to find the value of Amplify ETF Trust based on its fundamental and basic technical indicators. By analyzing Amplify ETF's financials, quarterly and monthly indicators, and their related drivers, such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Amplify ETF's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Amplify ETF. We calculate exposure to Amplify ETF's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Amplify ETF's related companies.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Amplify ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. For more information on how to buy Amplify Etf please use our How to buy in Amplify Etf guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Amplify ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Amplify ETF'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 ETF's market value can be influenced by many factors that don't directly affect Amplify ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify ETF'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.