Amplify Video Game Etf EBITDA
| GAMR Etf | USD 95.97 0.41 0.43% |
Fundamental analysis of Amplify Video allows traders to better anticipate movements in Amplify Video's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Amplify Video Game ETF EBITDA Analysis
Amplify Video's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Amplify Video EBITDA | 2.1 M |
Most of Amplify Video's fundamental indicators, such as EBITDA, 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 Video Game is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, Amplify Video Game reported earnings before interest,tax, depreciation and amortization of 2.1 M. This is much higher than that of the ETFMG family and significantly higher than that of the Communications category. The ebitda for all United States etfs is notably lower than that of the firm.
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Fund Asset Allocation for Amplify Video
The fund invests 99.02% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (0.14%) and various exotic instruments.Asset allocation divides Amplify Video's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Amplify Fundamentals
| Return On Asset | 0.91 | |||
| Profit Margin | (1.06) % | |||
| Operating Margin | 1.80 % | |||
| Current Valuation | 5 M | |||
| Shares Outstanding | 4.97 M | |||
| Shares Owned By Insiders | 59.67 % | |||
| Shares Owned By Institutions | 1.50 % | |||
| Price To Earning | 19.02 X | |||
| Price To Book | 1.94 X | |||
| Price To Sales | 1.66 X | |||
| Revenue | 76.54 M | |||
| Gross Profit | 40.48 M | |||
| EBITDA | 2.1 M | |||
| Net Income | (811 K) | |||
| Cash And Equivalents | 43.04 M | |||
| Cash Per Share | 8.66 X | |||
| Total Debt | 9.01 M | |||
| Debt To Equity | 0.10 % | |||
| Current Ratio | 2.57 X | |||
| Cash Flow From Operations | 3.31 M | |||
| Earnings Per Share | (0.34) X | |||
| Number Of Employees | 171 | |||
| Beta | 1.26 | |||
| Market Capitalization | 39.53 M | |||
| Total Asset | 51 M | |||
| Retained Earnings | (8.72 M) | |||
| Working Capital | 48.18 M | |||
| Current Asset | 78.81 M | |||
| Current Liabilities | 30.63 M | |||
| One Year Return | (1.40) % | |||
| Three Year Return | (12.30) % | |||
| Five Year Return | 7.80 % | |||
| Net Asset | 51 M | |||
| Last Dividend Paid | 0.03 | |||
| Equity Positions Weight | 99.02 % | |||
| Bond Positions Weight | 0.14 % |
About Amplify Video Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amplify Video Game's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amplify Video using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amplify Video Game based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Amplify Video
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 Video 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 Video will appreciate offsetting losses from the drop in the long position's value.Moving together with Amplify Etf
| 0.66 | XLC | Communication Services | PairCorr |
| 0.9 | VOX | Vanguard Communication | PairCorr |
| 0.9 | FCOM | Fidelity MSCI Commun | PairCorr |
| 0.74 | IYZ | IShares Telecommunicatio | PairCorr |
| 0.92 | ESPO | VanEck Video Gaming | PairCorr |
The ability to find closely correlated positions to Amplify Video 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 Video 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 Video - 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 Video Game to buy it.
The correlation of Amplify Video 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 Video moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify Video Game 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 Video 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.Check out Amplify Video Piotroski F Score and Amplify Video Altman Z Score analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Amplify Video Game 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 Video's value that differs from its market value or its book value, called intrinsic value, which is Amplify Video'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 Video's market value can be influenced by many factors that don't directly affect Amplify Video'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 Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Video'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.