APA CORP (Brazil) Alpha and Beta Analysis

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as APA CORP DRN. It also helps investors analyze the systematic and unsystematic risks associated with investing in APA CORP over a specified time horizon. Remember, high APA CORP's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
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Please note that although APA CORP alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, APA CORP did 0.00  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of APA CORP DRN stock's relative risk over its benchmark. APA CORP DRN has a beta of 0.00  . Let's try to break down what A1PA34's beta means in this case. The returns on DOW and APA CORP are completely uncorrelated.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

APA CORP Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. APA CORP market risk premium is the additional return an investor will receive from holding APA CORP long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in APA CORP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate APA CORP's performance over market.
α0.00   β0.00
90 days against DJI
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 CORP 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 CORP's short interest history, or implied volatility extrapolated from APA CORP options trading.

Build Portfolio with APA CORP

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Check out Trending Equities. Note that the APA CORP DRN information on this page should be used as a complementary analysis to other APA CORP'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Tools for A1PA34 Stock

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