Amplitude Stock Market Value
| AMPL Stock | USD 10.48 0.14 1.35% |
| Symbol | Amplitude |
Amplitude Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amplitude. If investors know Amplitude will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amplitude listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Revenue Per Share 2.402 | Quarterly Revenue Growth 0.065 | Return On Assets (0.13) | Return On Equity (0.28) |
The market value of Amplitude is measured differently than its book value, which is the value of Amplitude that is recorded on the company's balance sheet. Investors also form their own opinion of Amplitude's value that differs from its market value or its book value, called intrinsic value, which is Amplitude'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 Amplitude's market value can be influenced by many factors that don't directly affect Amplitude'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 Amplitude's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplitude is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplitude'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.
Amplitude 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Amplitude's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Amplitude.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Amplitude on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Amplitude or generate 0.0% return on investment in Amplitude over 30 days. Amplitude is related to or competes with CS Disco, Expensify, VTEX, Forge Global, Clearwater Analytics, Sprinklr, and Alkami Technology. Amplitude, Inc. provides a digital optimization system to analyze customer behavior within digital products in the Unite... More
Amplitude Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Amplitude's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Amplitude upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | 0.068 | |||
| Maximum Drawdown | 11.56 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 4.66 |
Amplitude Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplitude's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amplitude's standard deviation. In reality, there are many statistical measures that can use Amplitude historical prices to predict the future Amplitude's volatility.| Risk Adjusted Performance | 0.0925 | |||
| Jensen Alpha | 0.1361 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0722 | |||
| Treynor Ratio | 0.2021 |
Amplitude Backtested Returns
Amplitude appears to be not too volatile, given 3 months investment horizon. Amplitude secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Amplitude, which you can use to evaluate the volatility of the firm. Please makes use of Amplitude's Downside Deviation of 2.33, risk adjusted performance of 0.0925, and Mean Deviation of 1.85 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Amplitude holds a performance score of 9. The firm shows a Beta (market volatility) of 1.33, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Amplitude will likely underperform. Please check Amplitude's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Amplitude's price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
Amplitude has below average predictability. Overlapping area represents the amount of predictability between Amplitude time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amplitude price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Amplitude price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Amplitude lagged returns against current returns
Autocorrelation, which is Amplitude stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Amplitude's stock expected returns. We can calculate the autocorrelation of Amplitude returns to help us make a trade decision. For example, suppose you find that Amplitude has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Amplitude regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Amplitude stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amplitude stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amplitude stock over time.
Current vs Lagged Prices |
| Timeline |
Amplitude Lagged Returns
When evaluating Amplitude's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amplitude stock have on its future price. Amplitude autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Amplitude autocorrelation shows the relationship between Amplitude stock current value and its past values and can show if there is a momentum factor associated with investing in Amplitude.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Amplitude Correlation, Amplitude Volatility and Amplitude Alpha and Beta module to complement your research on Amplitude. For more information on how to buy Amplitude Stock please use our How to buy in Amplitude Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Amplitude technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.