Amplify Energy Corp Stock Market Value
| AMPY Stock | USD 7.33 0.05 0.68% |
| Symbol | Amplify |
Amplify Energy Corp Price To Book Ratio
Is Amplify Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amplify Energy. If investors know Amplify will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amplify Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.453 | Earnings Share 9.63 | Revenue Per Share 7.436 | Quarterly Revenue Growth 0.253 | Return On Assets 0.0818 |
The market value of Amplify Energy Corp 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Amplify Energy'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 Energy's market value can be influenced by many factors that don't directly affect Amplify Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Energy'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.
Amplify Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Amplify Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Amplify Energy.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Amplify Energy on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Amplify Energy Corp or generate 0.0% return on investment in Amplify Energy over 30 days. Amplify Energy is related to or competes with Vital Energy, Comstock Resources, Magnolia Oil, Obsidian Energy, SilverBow Resources, Permian Resources, and Ring Energy. Amplify Energy Corp. engages in the acquisition, development, exploitation, and production of oil and natural gas proper... More
Amplify Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Amplify Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Amplify Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.0 | |||
| Information Ratio | 0.0893 | |||
| Maximum Drawdown | 21.95 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 4.22 |
Amplify Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amplify Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amplify Energy's standard deviation. In reality, there are many statistical measures that can use Amplify Energy historical prices to predict the future Amplify Energy's volatility.| Risk Adjusted Performance | 0.0802 | |||
| Jensen Alpha | 0.4539 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0819 | |||
| Treynor Ratio | (0.86) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amplify Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Amplify Energy Corp Backtested Returns
Amplify Energy appears to be slightly risky, given 3 months investment horizon. Amplify Energy Corp secures Sharpe Ratio (or Efficiency) of 0.0715, which signifies that the company had a 0.0715% return per unit of risk over the last 3 months. We have found thirty technical indicators for Amplify Energy Corp, which you can use to evaluate the volatility of the firm. Please makes use of Amplify Energy's Mean Deviation of 2.18, downside deviation of 4.0, and Risk Adjusted Performance of 0.0802 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Amplify Energy holds a performance score of 5. The firm shows a Beta (market volatility) of -0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Amplify Energy are expected to decrease at a much lower rate. During the bear market, Amplify Energy is likely to outperform the market. Please check Amplify Energy's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Amplify Energy's price patterns will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
Amplify Energy Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Amplify Energy time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amplify Energy Corp price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Amplify Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Amplify Energy Corp lagged returns against current returns
Autocorrelation, which is Amplify Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Amplify Energy's stock expected returns. We can calculate the autocorrelation of Amplify Energy returns to help us make a trade decision. For example, suppose you find that Amplify Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Amplify Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Amplify Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amplify Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amplify Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Amplify Energy Lagged Returns
When evaluating Amplify Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amplify Energy stock have on its future price. Amplify Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Amplify Energy autocorrelation shows the relationship between Amplify Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Amplify Energy Corp.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amplify Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amplify Energy's short interest history, or implied volatility extrapolated from Amplify Energy options trading.
Pair Trading with Amplify Energy
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 Energy 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 Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Amplify Stock
| 0.74 | AR | Antero Resources Corp Earnings Call Today | PairCorr |
| 0.69 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.79 | SD | SandRidge Energy Earnings Call This Week | PairCorr |
| 0.7 | SM | SM Energy | PairCorr |
Moving against Amplify Stock
| 0.46 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to Amplify Energy 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 Energy 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 Energy - 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 Energy Corp to buy it.
The correlation of Amplify Energy 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 Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify Energy Corp 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 Energy 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 Energy Correlation, Amplify Energy Volatility and Amplify Energy Alpha and Beta module to complement your research on Amplify Energy. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary 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.
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Amplify Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.