Amplify ETF Financial Statements From 2010 to 2024
| HACK Etf | USD 73.25 1.80 2.52% |
Check Amplify ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amplify ETF'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 ETF Valuation or Volatility modules.
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Amplify ETF Trust ETF Price To Sales Analysis
Amplify ETF's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Amplify ETF Price To Sales | 2.58 X |
Most of Amplify ETF's fundamental indicators, such as Price To Sales, 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 ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Amplify ETF Trust has a Price To Sales of 2.58 times. This is much higher than that of the ETFMG family and significantly higher than that of the Technology category. The price to sales for all United States etfs is notably lower than that of the firm.
Amplify ETF Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Amplify ETF's current stock value. Our valuation model uses many indicators to compare Amplify ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Amplify ETF competition to find correlations between indicators driving Amplify ETF's intrinsic value. More Info.Amplify ETF Trust is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Amplify ETF Trust is roughly 9.12 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Amplify ETF by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Amplify ETF Financial Statements
Amplify ETF investors utilize fundamental indicators, such as revenue or net income, to predict how Amplify Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The index tracks the performance of the exchange-listed equity securities of companies across the globe that engage in providing cyber defense applications or services as a vital component of its overall business or provide hardware or software for cyber defense activities as a vital component of its overall business. Etfmg Prime is traded on NYSEARCA Exchange in the United States.
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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.