SOL Capital Management CO Decreases Stock Holdings in Amplify Digital Payments ETF
| IPAY Etf | USD 59.37 0.20 0.34% |
Slightly above 62% of Amplify Digital's investor base is looking to short. The current sentiment regarding investing in Amplify Digital Payments etf implies that many traders are alarmed. Amplify Digital's investing sentiment can be driven by a variety of factors including economic data, Amplify Digital's earnings reports, geopolitical events, and overall market trends.
SOL Capital Management CO lowered its position in shares of Amplify Digital Payments ETF by 48.2 percent in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,058 shares of the companys stock after selling 10,300 shares
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Amplify Digital Fundamental Analysis
We analyze Amplify Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amplify Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amplify Digital 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.
Total Asset
Total Asset Comparative Analysis
Amplify Digital is currently under evaluation in total asset as compared to similar ETFs. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Amplify Digital Payments Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Amplify Digital etf to make a market-neutral strategy. Peer analysis of Amplify Digital could also be used in its relative valuation, which is a method of valuing Amplify Digital by comparing valuation metrics with similar companies.
Peers
Amplify Digital Related Equities
| HACK | Amplify Cybersecurity | 1.88 | ||||
| CLOU | Global X | 1.51 | ||||
| SKYY | First Trust | 1.13 | ||||
| FINX | Global X | 0.45 | ||||
| IBUY | Amplify Online | 0.24 |
Check out Amplify Digital Hype Analysis, Amplify Digital Correlation and Amplify Digital Performance. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Amplify Digital Payments 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is Amplify Digital'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 Digital's market value can be influenced by many factors that don't directly affect Amplify Digital'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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Digital'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.