Amplify Etf Trust Etf Fundamentals
| AWAY Etf | USD 22.05 0.15 0.68% |
Amplify ETF Trust fundamentals help investors to digest information that contributes to Amplify ETF's financial success or failures. It also enables traders to predict the movement of Amplify Etf. The fundamental analysis module provides a way to measure Amplify ETF's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Amplify ETF etf.
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Amplify ETF Trust ETF Price To Earning Analysis
Amplify ETF's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Amplify ETF Price To Earning | 592.67 X |
Most of Amplify ETF's fundamental indicators, such as Price To Earning, 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.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Amplify ETF Trust has a Price To Earning of 592 times. This is much higher than that of the ETFMG family and significantly higher than that of the Consumer Cyclical category. The price to earning 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 the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Amplify ETF Trust is roughly 164.17 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Amplify ETF's earnings, one of the primary drivers of an investment's value.Amplify Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amplify ETF's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Amplify ETF could also be used in its relative valuation, which is a method of valuing Amplify ETF by comparing valuation metrics of similar companies.Amplify ETF is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for Amplify ETF
The fund invests 99.14% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (0.01%) and various exotic instruments.Asset allocation divides Amplify ETF's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Amplify Fundamentals
| Return On Asset | 0.009 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 2.83 B | |||
| Shares Outstanding | 93.73 M | |||
| Shares Owned By Insiders | 0.77 % | |||
| Shares Owned By Institutions | 99.23 % | |||
| Number Of Shares Shorted | 2.12 M | |||
| Price To Earning | 592.67 X | |||
| Price To Book | 3.61 X | |||
| Price To Sales | 7.14 X | |||
| Revenue | 446.76 M | |||
| Gross Profit | 379.15 M | |||
| Net Income | 13.38 M | |||
| Cash And Equivalents | 292.32 M | |||
| Cash Per Share | 9.56 X | |||
| Total Debt | 316.18 M | |||
| Debt To Equity | 0.34 % | |||
| Current Ratio | 3.85 X | |||
| Cash Flow From Operations | 145.36 M | |||
| Earnings Per Share | 0.06 X | |||
| Number Of Employees | 1.9 K | |||
| Beta | 1.21 | |||
| Market Capitalization | 2.81 B | |||
| Total Asset | 143.98 M | |||
| Retained Earnings | (62.73 M) | |||
| Working Capital | 634.54 M | |||
| Current Asset | 864.95 M | |||
| Current Liabilities | 230.4 M | |||
| One Year Return | 5.40 % | |||
| Three Year Return | (15.20) % | |||
| Net Asset | 143.98 M | |||
| Equity Positions Weight | 99.14 % | |||
| Bond Positions Weight | 0.01 % |
About Amplify ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amplify ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amplify ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amplify ETF Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund invests at least 80 percent of its total assets, exclusive of collateral held from securities lending, in the component securities of the index and in ADRs and GDRs based on the component securities in the index. Etfmg Travel is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Amplify ETF Trust is a strong investment it is important to analyze Amplify ETF's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amplify ETF's future performance. For an informed investment choice regarding Amplify Etf, refer to the following important reports:Check out Amplify ETF Piotroski F Score and Amplify ETF Altman Z Score analysis. For more information on how to buy Amplify Etf please use our How to Invest in Amplify ETF guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.