APA Stock Market Value

APA
 Stock
  

USD 43.87  1.84  4.03%   

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


Is APA'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 APA. If investors know APA 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 APA 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
2.313
Market Capitalization
14.7 B
Quarterly Revenue Growth YOY
0.374
Return On Assets
0.2348
Return On Equity
0.3737
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA'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 APA's market value can be influenced by many factors that don't directly affect APA'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 APA's value and its price as these two are different measures arrived at by different means. Investors typically determine APA value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA'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.

APA '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 APA'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 APA.
0.00
11/07/2022
No Change 0.00  0.0 
In 30 days
12/07/2022
0.00
If you would invest  0.00  in APA on November 7, 2022 and sell it all today you would earn a total of 0.00 from holding APA Corporation or generate 0.0% return on investment in APA over 30 days. APA is related to or competes with General Electric, Home Depot, Boeing, B of A, ATT, Walmart, and Dupont De. APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties More

APA 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 APA'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 APA Corporation upside and downside potential and time the market with a certain degree of confidence.

APA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for APA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as APA's standard deviation. In reality, there are many statistical measures that can use APA historical prices to predict the future APA's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of APA'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 APA in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
40.3243.9247.52
Details
Intrinsic
Valuation
LowReal ValueHigh
35.7739.3748.26
Details
Naive
Forecast
LowNext ValueHigh
41.7245.3348.93
Details
17 Analysts
Consensus
LowTarget PriceHigh
23.0036.5047.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as APA. Your research has to be compared to or analyzed against APA's peers to derive any actionable benefits. When done correctly, APA'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 APA Corporation.

APA Corporation Backtested Returns

APA appears to be very steady, given 3 months investment horizon. APA Corporation retains Efficiency (Sharpe Ratio) of 0.0959, which signifies that the company had 0.0959% of return per unit of risk over the last 3 months. Our philosophy in 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-one technical indicators for APA, which you can use to evaluate the future volatility of the firm. Please makes use of APA's market risk adjusted performance of 0.1822, and Coefficient Of Variation of 1386.54 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, APA holds a performance score of 7. The firm owns a Beta (Systematic Risk) of 1.445, which signifies a somewhat significant risk relative to the market. Let's try to break down what APA'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, APA will likely underperform. Although it is vital to follow APA Corporation existing price patterns, it is good to be conservative about what you can do with the information regarding equity price patterns. The philosophy in 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 APA Corporation technical indicators, you can right now evaluate if the expected return of 0.35% will be sustainable into the future. Please makes use of APA Corporation mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to make a quick decision on whether APA Corporation current price history will revert.

Auto-correlation

    
  0.60  

Good predictability

APA Corporation has good predictability. Overlapping area represents the amount of predictability between APA time series from 7th of November 2022 to 22nd of November 2022 and 22nd of November 2022 to 7th of December 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 APA Corporation price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current APA price fluctuation can be explain by its past prices.
Correlation Coefficient0.6
Spearman Rank Test0.31
Residual Average0.0
Price Variance1.17

APA Corporation lagged returns against current returns

Autocorrelation, which is APA 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 APA's stock expected returns. We can calculate the autocorrelation of APA returns to help us make a trade decision. For example, suppose you find that APA 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   
Share
       Timeline  

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

APA Lagged Returns

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

APA Investors Sentiment

The influence of APA'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 APA. 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 APA's public news can be used to forecast risks associated with investment in APA. The trend in average sentiment can be used to explain how an investor holding APA can time the market purely based on public headlines and social activities around APA Corporation. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
APA'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 APA'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 APA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on APA.

APA Implied Volatility

    
  75.38  
APA's implied volatility exposes the market's sentiment of APA Corporation stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if APA'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 APA stock will not fluctuate a lot when APA'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 APA 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, APA's short interest history, or implied volatility extrapolated from APA options trading.

Pair Trading with APA

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

Moving together with APA

+0.86JPMJPMorgan Chase Fiscal Year End 13th of January 2023 PairCorr

Moving against APA

-0.64WBEWhitebark Energy SplitPairCorr
The ability to find closely correlated positions to APA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace APA 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 APA - 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 APA Corporation to buy it.
The correlation of APA 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 APA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if APA Corporation 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 APA 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 APA Correlation, APA Volatility and APA Alpha and Beta module to complement your research on APA. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running APA Corporation price analysis, check to measure APA'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 APA is operating at the current time. Most of APA's value examination focuses on studying past and present price action to predict the probability of APA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move APA's price. Additionally, you may evaluate how the addition of APA to your portfolios can decrease your overall portfolio volatility.
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APA 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 APA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of APA 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...