Amplify Cash Year To Date Return vs. Net Asset
| COWS Etf | 29.94 0.31 1.02% |
For Amplify Cash profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Amplify Cash to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Amplify Cash Flow utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Amplify Cash's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Amplify Cash Flow over time as well as its relative position and ranking within its peers.
Amplify |
The market value of Amplify Cash Flow 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 Cash's value that differs from its market value or its book value, called intrinsic value, which is Amplify Cash'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 Cash's market value can be influenced by many factors that don't directly affect Amplify Cash'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 Cash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Cash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Cash'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 Cash Flow Net Asset vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Amplify Cash's current stock value. Our valuation model uses many indicators to compare Amplify Cash value to that of its competitors to determine the firm's financial worth. Amplify Cash Flow is the top ETF in year to date return as compared to similar ETFs. It also is the top ETF in net asset as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Amplify Cash by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Amplify Net Asset vs. Year To Date Return
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Amplify Cash |
| = | (30.21) % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Amplify Cash |
| = | 1.09 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Amplify Net Asset Comparison
Amplify Cash is currently under evaluation in net asset as compared to similar ETFs.
Amplify Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Amplify Cash. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Amplify Cash position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Amplify Cash's important profitability drivers and their relationship over time.
Use Amplify Cash in pair-trading
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 Cash 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 Cash will appreciate offsetting losses from the drop in the long position's value.Amplify Cash Pair Trading
Amplify Cash Flow Pair Trading Analysis
The ability to find closely correlated positions to Amplify Cash 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 Cash 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 Cash - 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 Cash Flow to buy it.
The correlation of Amplify Cash 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 Cash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify Cash Flow 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 Cash 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.Use Investing Themes to Complement your Amplify Cash position
In addition to having Amplify Cash in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks Theme or any other thematic opportunities.
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To fully project Amplify Cash's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Amplify Cash Flow at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Amplify Cash's income statement, its balance sheet, and the statement of cash flows.