Just to add to Amir's post, which is completely right:-
To characterise fully an amplifier, DAC or any other piece of audio equipment does indeed require instrumentation at the AP level, and the knowledge of how to drive it, and what the results mean. We're very lucky on this forum to have Amir willing and able to do the testing effectively all at his own expense.
However, if your interest is as a hobbyist, doing repairs and maintenance, measuring your own equipment for interest, then it's possible to do it at much lower cost, albeit with lower accuracy.
I have a decent enough set of audio measuring equipment, much of it around 40 years old, supplemented by a PC and measuring software. Given its age, it was and still is fine for maintenance purposes and to find out if there's anything wrong with the equipment or if it's 'good enough'. For my own hobby needs, that's all I want, to be able to know whether the equipment works properly or not. If the distortion is below what I can reliably measure (0.01%) or noise below -100dBu, then I'm happy it works properly. Equipment to do that costs only a few hundred pounds/dollars/euro, maybe a thousand all up. A 40Mhz dual trace 'scope, a distortion analyser, audio millivoltmeter and signal generator are really all you need. Having a PC with a decent sound card allows loudspeaker measurements using free software like REW, and a calibrated measuring microphone isn't that expensive.
What takes more effort is the understanding of how to make the measurements, and what they mean when you do, and that can be a lifetime's interest.
Good luck if you do decide to go down this particular rabbit hole.
S.