Amplify ETF Equity Positions Weight vs. Price To Earning
| GAMR Etf | USD 66.91 0.64 0.97% |
For Amplify ETF profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Amplify ETF to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Amplify ETF Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Amplify ETF's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Amplify ETF Trust over time as well as its relative position and ranking within its peers.
Amplify |
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.
Amplify ETF Trust Price To Earning vs. Equity Positions Weight Fundamental Analysis
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. Amplify ETF Trust is rated below average in equity positions weight as compared to similar ETFs. It is rated # 2 ETF in price to earning as compared to similar ETFs reporting about 0.19 of Price To Earning per Equity Positions Weight. The ratio of Equity Positions Weight to Price To Earning for Amplify ETF Trust is roughly 5.21 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Amplify ETF 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 Price To Earning vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Amplify ETF |
| = | 99.02 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
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.
Amplify ETF |
| = | 19.02 X |
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.
Amplify Price To Earning Comparison
Amplify ETF is currently under evaluation in price to earning as compared to similar ETFs.
Amplify ETF Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Amplify ETF, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Amplify ETF will eventually generate negative long term returns. The profitability progress is the general direction of Amplify ETF's change in net profit over the period of time. It can combine multiple indicators of Amplify ETF, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The index tracks the performance of the common stock of exchange-listed companies across the globe that are actively engaged in a business activity supporting or utilizing the video gaming industry. Etfmg Video is traded on NYSEARCA Exchange in the United States.
Amplify Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Amplify ETF. 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 ETF 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 ETF's important profitability drivers and their relationship over time.
Use Amplify ETF 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 ETF 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 ETF will appreciate offsetting losses from the drop in the long position's value.Amplify ETF Pair Trading
Amplify ETF Trust Pair Trading Analysis
The ability to find closely correlated positions to Amplify ETF 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 ETF 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 ETF - 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 ETF Trust to buy it.
The correlation of Amplify ETF 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 ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify ETF Trust 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 ETF 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 ETF position
In addition to having Amplify ETF 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. To learn how to invest in Amplify Etf, please use our How to Invest in Amplify ETF guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
To fully project Amplify ETF's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Amplify ETF Trust 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 ETF's income statement, its balance sheet, and the statement of cash flows.