Amplify Price Earnings Ratio from 2010 to 2024

AMPY Stock  USD 6.17  0.04  0.64%   
Amplify Energy Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Amplify Energy Price Earnings Ratio regression line of annual values had r-squared of  0.03 and arithmetic mean of (0.14). View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
0.58825902
Current Value
0.62
Quarterly Volatility
4.64827566
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Amplify Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amplify main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.2 M, Interest Expense of 34.3 M or Selling General Administrative of 28.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.15 or PTB Ratio of 0.62. Amplify financial statements analysis is a perfect complement when working with Amplify Energy Valuation or Volatility modules.
  
This module can also supplement Amplify Energy's financial leverage analysis and stock options assessment as well as various Amplify Energy Technical models . Check out the analysis of Amplify Energy Correlation against competitors.

Latest Amplify Energy's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Amplify Energy Corp over the last few years. It is Amplify Energy's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Amplify Energy's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Pretty Stable
   Price Earnings Ratio   
       Timeline  

Amplify Price Earnings Ratio Regression Statistics

Arithmetic Mean(0.14)
Geometric Mean0.89
Coefficient Of Variation(3,331)
Mean Deviation3.07
Median(0.01)
Standard Deviation4.65
Sample Variance21.61
Range19.2478
R-Value0.16
Mean Square Error22.66
R-Squared0.03
Significance0.57
Slope0.17
Total Sum of Squares302.49

Amplify Price Earnings Ratio History

2024 0.62
2023 0.59
2022 5.82
2021 -2.67
2019 -5.5
2018 3.13
2017 -4.07

About Amplify Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Amplify Energy income statement, its balance sheet, and the statement of cash flows. Amplify Energy investors use historical funamental indicators, such as Amplify Energy's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Amplify Energy investors may use each financial statement separately, they are all related. The changes in Amplify Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Amplify Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Amplify Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Amplify Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 0.59  0.62 

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

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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.
Pair CorrelationCorrelation Matching
When determining whether Amplify Energy Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amplify Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amplify Energy Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amplify Energy Corp Stock:
Check out the analysis of Amplify Energy Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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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
0.7
Revenue Per Share
7.655
Quarterly Revenue Growth
0.15
Return On Assets
0.0424
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.