Amplify Financial Statements From 2010 to 2024
Amplify financial statements provide useful quarterly and yearly information to potential Amplify investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Amplify financial statements helps investors assess Amplify's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Amplify's valuation are summarized below:Amplify does not presently have any fundamental signals for analysis.
This module can also supplement various Amplify Technical models . 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.
Check Amplify financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amplify'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 Valuation or Volatility modules.
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Amplify ETF One Year Return Analysis
Amplify's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Amplify One Year Return | 19.00 % |
Most of Amplify's fundamental indicators, such as One Year Return, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, Amplify has an One Year Return of 19.0%. This is much higher than that of the Amplify ETFs family and significantly higher than that of the Small Blend category. The one year return for all United States etfs is notably lower than that of the firm.
About Amplify Financial Statements
Amplify 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 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.
Pair Trading with Amplify
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving against Amplify Etf
| 0.4 | MSFT | Microsoft Aggressive Push | PairCorr |
The ability to find closely correlated positions to Amplify 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 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 - 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 to buy it.
The correlation of Amplify 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify 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 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 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.