Amplify ETF Financial Statements From 2010 to 2024
| IPAY Etf | USD 61.02 0.23 0.38% |
Check Amplify ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amplify ETF's main balance sheet or income statement drivers, such as , as well as many indicators such as . Amplify financial statements analysis is a perfect complement when working with Amplify ETF Valuation or Volatility modules.
Amplify |
Amplify ETF Trust ETF Price To Sales Analysis
Amplify ETF's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Amplify ETF Price To Sales | 2.44 X |
Most of Amplify ETF's fundamental indicators, such as Price To Sales, 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.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Amplify ETF Trust has a Price To Sales of 2.44 times. This is much higher than that of the ETFMG family and significantly higher than that of the Miscellaneous Sector category. The price to sales 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 considered the top ETF in price to earning as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Amplify ETF Trust is roughly 6.07 . 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.About Amplify ETF Financial Statements
Amplify ETF investors use historical fundamental indicators, such as Amplify ETF's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Amplify ETF. Please read more on our technical analysis and fundamental analysis pages.
The index tracks the performance of the exchange-listed equity securities of companies across the globe that engage in providing payment processing services or applications, provide payment solutions, build or provide payment industry architecture, infrastructure or software or, provide services as a credit card network. Etfmg Prime 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 the analysis of Amplify ETF Correlation against competitors. For more information on how to buy Amplify Etf please use our How to Invest in Amplify ETF guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.