Amplify International Financial Statements From 2010 to 2026
| IDVO Etf | USD 39.90 0.25 0.63% |
Check Amplify International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amplify International'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 International Valuation or Volatility modules.
This module can also supplement Amplify International's financial leverage analysis and stock options assessment as well as various Amplify International Technical models . Check out the analysis of Amplify International Correlation against competitors. Amplify International Enhanced ETF Beta Analysis
Amplify International'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 International Beta | 0.69 |
Most of Amplify International'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 International Enhanced 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.
| Competition |
In accordance with the recently published financial statements, Amplify International Enhanced has a Beta of 0.69. This is much higher than that of the Amplify ETFs family and significantly higher than that of the Derivative Income category. The beta for all United States etfs is notably lower than that of the firm.
About Amplify International Financial Statements
Amplify International 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.
Under normal circumstances, the fund invests at least 80 percent of its net assets in dividend-paying U.S. exchange-traded American depositary receipt securities that are organized or located outside of the U.S. and will opportunistically utilize an option strategy consisting of writing U.S. exchange-traded covered call option contracts on such Equity Securities. Amplify Intl is traded on NYSEARCA Exchange in the United States.
Pair Trading with Amplify International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amplify International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amplify International will appreciate offsetting losses from the drop in the long position's value.Moving together with Amplify Etf
| 0.83 | JEPI | JPMorgan Equity Premium | PairCorr |
| 0.85 | XYLD | Global X SP | PairCorr |
| 0.73 | DIVO | Amplify CWP Enhanced | PairCorr |
| 0.81 | RYLD | Global X Russell | PairCorr |
| 0.84 | JEPQ | JPMorgan Nasdaq Equity | PairCorr |
Moving against Amplify Etf
| 0.68 | PUTW | WisdomTree CBOE SP Symbol Change | PairCorr |
The ability to find closely correlated positions to Amplify International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amplify International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amplify International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amplify International Enhanced to buy it.
The correlation of Amplify International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amplify International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amplify International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Amplify International Correlation against competitors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of Amplify International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Amplify International'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 International's market value can be influenced by many factors that don't directly affect Amplify International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify International'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.