Amplify Seymour Financial Statements From 2010 to 2024
| CNBS Etf | USD 3.32 0.05 1.53% |
Check Amplify Seymour financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amplify Seymour's main balance sheet or income statement drivers, such as , as well as many indicators such as . Amplify financial statements analysis is a perfect complement when working with Amplify Seymour Valuation or Volatility modules.
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Amplify Seymour Cannabis ETF Beta Analysis
Amplify Seymour's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Amplify Seymour Beta | 1.4 |
Most of Amplify Seymour's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Amplify Seymour Cannabis is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Amplify Seymour Cannabis has a Beta of 1.4. This is much higher than that of the Amplify ETFs family and significantly higher than that of the Miscellaneous Sector category. The beta for all United States etfs is notably lower than that of the firm.
About Amplify Seymour Financial Statements
Amplify Seymour shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Amplify Seymour investors may analyze each financial statement separately, they are all interrelated. The changes in Amplify Seymour's assets and liabilities, for example, are also reflected in the revenues and expenses on on Amplify Seymour's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund will invest at least 80 percent of its net assets in the securities of companies that derive 50 percent or more of their revenue from the cannabis and hemp ecosystem and in derivatives that have economic characteristics similar to such securities. Amplify Seymour is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of Amplify Seymour Correlation against competitors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Amplify Seymour Cannabis 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 Seymour's value that differs from its market value or its book value, called intrinsic value, which is Amplify Seymour'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 Seymour's market value can be influenced by many factors that don't directly affect Amplify Seymour'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 Seymour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Seymour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Seymour'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.