Amplify High Financial Statements From 2010 to 2024
| YYY Etf | USD 11.56 0.11 0.94% |
Check Amplify High financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amplify High'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 High Valuation or Volatility modules.
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Amplify High Income ETF Price To Earning Analysis
Amplify High's 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.
Current Amplify High Price To Earning | 17.72 X |
Most of Amplify High's fundamental indicators, such as Price To Earning, 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 High Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the latest financial disclosure, Amplify High Income has a Price To Earning of 17.72 times. This is much higher than that of the Amplify ETFs family and significantly higher than that of the Tactical Allocation category. The price to earning for all United States etfs is notably lower than that of the firm.
Amplify High Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Amplify High's current stock value. Our valuation model uses many indicators to compare Amplify High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Amplify High competition to find correlations between indicators driving Amplify High's intrinsic value. More Info.Amplify High Income is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Amplify High Income is roughly 10.49 . 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 High's earnings, one of the primary drivers of an investment's value.About Amplify High Financial Statements
Amplify High investors use historical fundamental indicators, such as Amplify High'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 High. Please read more on our technical analysis and fundamental analysis pages.
The fund will normally invest at least 80 percent of its net assets in securities of the index. Amplify High 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 High Income offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amplify High's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amplify High Income Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Amplify High Income Etf:Check out the analysis of Amplify High Correlation against competitors. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Amplify High Income 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 High's value that differs from its market value or its book value, called intrinsic value, which is Amplify High'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 High's market value can be influenced by many factors that don't directly affect Amplify High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify High'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.