AMPY Stock | | | USD 6.71 0.04 0.60% |
Amplify Energy financial indicator trend analysis is way more than just evaluating Amplify Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amplify Energy Corp is a good investment. Please check the relationship between Amplify Energy Capital Stock and its Net Tangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplify Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Capital Stock vs Net Tangible Assets
Capital Stock vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Amplify Energy Corp Capital Stock account and
Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Amplify Energy's Capital Stock and Net Tangible Assets is -0.71. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Amplify Energy Corp, assuming nothing else is changed. The correlation between historical values of Amplify Energy's Capital Stock and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Amplify Energy Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Capital Stock i.e., Amplify Energy's Capital Stock and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Amplify Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amplify Energy Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplify Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, Amplify Energy's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 1.82 in 2024, whereas
Selling General Administrative is likely to drop slightly above 28.7
M in 2024.
Amplify Energy fundamental ratios Correlations
Click cells to compare fundamentals
Amplify Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amplify Energy fundamental ratios Accounts
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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.