Apple Stock Market Value

AAPL
 Stock
  

USD 174.15  0.40  0.23%   

Apple's market value is the price at which a share of Apple stock trades on a public exchange. It measures the collective expectations of Apple Inc investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Apple Inc and determine expected loss or profit from investing in Apple over a given investment horizon. Please continue to Apple Correlation, Apple Volatility and Apple Alpha and Beta module to complement your research on Apple.
Symbol


Is Apple'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 Apple. If investors know Apple 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 Apple 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 YOY
-0.077
Market Capitalization
2805.2 B
Quarterly Revenue Growth YOY
0.019
Return On Assets
0.22
Return On Equity
1.63
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple'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 Apple's market value can be influenced by many factors that don't directly affect Apple'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 Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine Apple value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple'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.

Apple '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 Apple'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 Apple.
0.00
07/20/2022
No Change 0.00  0.0 
In 30 days
08/19/2022
0.00
If you would invest  0.00  in Apple on July 20, 2022 and sell it all today you would earn a total of 0.00 from holding Apple Inc or generate 0.0% return on investment in Apple over 30 days. Apple is related to or competes with Mckesson Corp, Ideanomics, Travelers Companies, ATT, B of A, Dupont Denemours, and Chevron Corp. Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories world... More

Apple 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 Apple'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 Apple Inc upside and downside potential and time the market with a certain degree of confidence.

Apple Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Apple's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apple's standard deviation. In reality, there are many statistical measures that can use Apple historical prices to predict the future Apple's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Apple'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. Please use the tools below to analyze the current value of Apple in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
172.15174.15176.15
Details
Intrinsic
Valuation
LowReal ValueHigh
156.74186.43188.43
Details
21 Analysts
Consensus
LowTarget PriceHigh
145.00180.31210.00
Details
Earnings
Estimates (12)
LowProjected EPSHigh
5.415.826.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Apple. Your research has to be compared to or analyzed against Apple's peers to derive any actionable benefits. When done correctly, Apple's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Apple Inc.

Apple Inc Backtested Returns

Apple appears to be very steady, given 3 months investment horizon. Apple Inc secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had 0.18% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Apple Inc, which you can use to evaluate the future volatility of the firm. Please makes use of Apple's Downside Deviation of 2.26, risk adjusted performance of 0.1774, and Mean Deviation of 1.64 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Apple holds a performance score of 13. The firm shows a Beta (market volatility) of 1.4894, which signifies a somewhat significant risk relative to the market. Let's try to break down what Apple's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Apple will likely underperform. Although it is vital to follow Apple Inc historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Apple Inc technical indicators, you can presently evaluate if the expected return of 0.34% will be sustainable into the future. Please makes use of Apple Inc potential upside, and the relationship between the sortino ratio and skewness to make a quick decision on whether Apple price patterns will revert.

Auto-correlation

    
  0.84  

Very good predictability

Apple Inc has very good predictability. Overlapping area represents the amount of predictability between Apple time series from 20th of July 2022 to 4th of August 2022 and 4th of August 2022 to 19th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Apple Inc price movement. The serial correlation of 0.84 indicates that around 84.0% of current Apple price fluctuation can be explain by its past prices.
Correlation Coefficient0.84
Spearman Rank Test0.87
Residual Average0.0
Price Variance14.59

Apple Inc lagged returns against current returns

Autocorrelation, which is Apple 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 Apple's stock expected returns. We can calculate the autocorrelation of Apple returns to help us make a trade decision. For example, suppose you find that Apple stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Apple 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 Apple stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apple stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apple stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Apple Lagged Returns

When evaluating Apple's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apple stock have on its future price. Apple 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, Apple autocorrelation shows the relationship between Apple stock current value and its past values and can show if there is a momentum factor associated with investing in Apple Inc.
   Regressed Prices   
Share
       Timeline  

Apple Investors Sentiment

The influence of Apple's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Apple. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Apple's public news can be used to forecast risks associated with investment in Apple. The trend in average sentiment can be used to explain how an investor holding Apple can time the market purely based on public headlines and social activities around Apple Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Apple's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Apple's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Apple's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Apple.

Apple Implied Volatility

    
  30.81  
Apple's implied volatility exposes the market's sentiment of Apple Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Apple's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Apple stock will not fluctuate a lot when Apple's options are near their expiration.
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 Apple 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, Apple's short interest history, or implied volatility extrapolated from Apple options trading.

Pair Trading with Apple

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 Apple 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 Apple will appreciate offsetting losses from the drop in the long position's value.

Moving together with Apple

0.88ACLSAxcelis Tech Upward RallyPairCorr
The ability to find closely correlated positions to Apple could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple 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 Apple - 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 Apple Inc to buy it.
The correlation of Apple is a statistical measure of how it moves in relation to other equities. 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 Apple moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apple Inc 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 Apple 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
Please continue to Apple Correlation, Apple Volatility and Apple Alpha and Beta module to complement your research on Apple. Note that the Apple Inc information on this page should be used as a complementary analysis to other Apple's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Apple Inc price analysis, check to measure Apple'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 Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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Apple 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.
A focus of Apple technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Apple trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...