Amplify Energy Corp Stock Market Value
| AMPY Stock | USD 6.67 0.08 1.21% |
| Symbol | Amplify |
Amplify Energy Corp Price To Book Ratio
Is Oil & Gas Exploration & Production 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 Amplify Energy. If investors know Amplify 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 Amplify Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Earnings Share 1.55 | Revenue Per Share 7.716 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0843 |
The market value of Amplify Energy Corp 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Amplify Energy'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 Energy's market value can be influenced by many factors that don't directly affect Amplify Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Energy'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.
Amplify Energy '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 Amplify Energy'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 Amplify Energy.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Amplify Energy on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Amplify Energy Corp or generate 0.0% return on investment in Amplify Energy over 30 days. Amplify Energy is related to or competes with Vital Energy, Comstock Resources, Magnolia Oil, Obsidian Energy, Permian Resources, Ring Energy, and Civitas Resources. Amplify Energy Corp. engages in the acquisition, development, exploitation, and production of oil and natural gas proper... More
Amplify Energy 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 Amplify Energy'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 Amplify Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.0 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 3.02 |
Amplify Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amplify Energy's standard deviation. In reality, there are many statistical measures that can use Amplify Energy historical prices to predict the future Amplify Energy's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.07) |
Amplify Energy Corp Backtested Returns
At this stage we consider Amplify Stock to be somewhat reliable. Amplify Energy Corp secures Sharpe Ratio (or Efficiency) of 0.0076, which signifies that the company had a 0.0076% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Amplify Energy Corp, which you can use to evaluate the volatility of the firm. Please confirm Amplify Energy's Mean Deviation of 1.85, standard deviation of 2.29, and Risk Adjusted Performance of (0.01) to double-check if the risk estimate we provide is consistent with the expected return of 0.0167%. The firm shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. Amplify Energy returns are very sensitive to returns on the market. As the market goes up or down, Amplify Energy is expected to follow. Amplify Energy Corp right now shows a risk of 2.2%. Please confirm Amplify Energy Corp jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Amplify Energy Corp will be following its price patterns.
Auto-correlation | 0.47 |
Average predictability
Amplify Energy Corp has average predictability. Overlapping area represents the amount of predictability between Amplify Energy time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Amplify Energy Corp price movement. The serial correlation of 0.47 indicates that about 47.0% of current Amplify Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Amplify Energy Corp lagged returns against current returns
Autocorrelation, which is Amplify Energy 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 Amplify Energy's stock expected returns. We can calculate the autocorrelation of Amplify Energy returns to help us make a trade decision. For example, suppose you find that Amplify Energy 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 |
Amplify Energy 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 Amplify Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amplify Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amplify Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Amplify Energy Lagged Returns
When evaluating Amplify Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amplify Energy stock have on its future price. Amplify Energy 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, Amplify Energy autocorrelation shows the relationship between Amplify Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Amplify Energy Corp.
Regressed Prices |
| Timeline |
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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.Additional Tools for Amplify Stock Analysis
When running Amplify Energy's price analysis, check to measure Amplify Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amplify Energy is operating at the current time. Most of Amplify Energy's value examination focuses on studying past and present price action to predict the probability of Amplify Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amplify Energy's price. Additionally, you may evaluate how the addition of Amplify Energy to your portfolios can decrease your overall portfolio volatility.