AMP Shares Outstanding vs. Gross Profit

AMP Stock   1.63  0.02  1.24%   
Considering AMP's profitability and operating efficiency indicators, AMP may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess AMP's ability to earn profits and add value for shareholders.
For AMP profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AMP to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AMP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AMP's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AMP over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between AMP's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMP'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.

AMP Gross Profit vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining AMP's current stock value. Our valuation model uses many indicators to compare AMP value to that of its competitors to determine the firm's financial worth.
AMP is number one stock in shares outstanding category among its peers. It also is number one stock in gross profit category among its peers fabricating about  0.94  of Gross Profit per Shares Outstanding. The ratio of Shares Outstanding to Gross Profit for AMP is roughly  1.07 . At this time, AMP's Gross Profit is comparatively stable compared to the past year. 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 AMP's earnings, one of the primary drivers of an investment's value.

AMP Gross Profit vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

AMP

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
2.53 B
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

AMP

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
2.37 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

AMP Gross Profit Comparison

AMP is currently under evaluation in gross profit category among its peers.

AMP Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in AMP, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AMP will eventually generate negative long term returns. The profitability progress is the general direction of AMP's change in net profit over the period of time. It can combine multiple indicators of AMP, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income239 M250.9 M
Operating Income1.7 B1.3 B
Income Before Tax-70 M-66.5 M
Total Other Income Expense Net-1.8 B-1.7 B
Net Income19 M18.1 M
Income Tax Expense-89 M-84.5 M
Net Income Applicable To Common Shares348.3 M371 M
Net Income From Continuing Ops19 M18.1 M
Interest Income1.4 B800.8 M
Net Interest Income243.8 M256 M
Change To Netincome-462.3 M-485.4 M

AMP Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on AMP. 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 AMP 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 AMP's important profitability drivers and their relationship over time.

Use AMP 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 AMP 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 AMP will appreciate offsetting losses from the drop in the long position's value.

AMP Pair Trading

AMP Pair Trading Analysis

The ability to find closely correlated positions to AMP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMP 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 AMP - 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 AMP to buy it.
The correlation of AMP 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 AMP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMP 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 AMP 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your AMP position

In addition to having AMP 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 Wireless Thematic Idea Now

Wireless
Wireless Theme
Companies providing wireless technology and communication services. The Wireless 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 Wireless Theme or any other thematic opportunities.
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Additional Tools for AMP Stock Analysis

When running AMP's price analysis, check to measure AMP'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 AMP is operating at the current time. Most of AMP's value examination focuses on studying past and present price action to predict the probability of AMP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMP's price. Additionally, you may evaluate how the addition of AMP to your portfolios can decrease your overall portfolio volatility.