Apollo Global Management Stock Market Value
| APO Stock | USD 107.30 0.19 0.18% |
| Symbol | Apollo |
Apollo Global Management Price To Book Ratio
Is Apollo Global'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 Apollo Global. If investors know Apollo 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 Apollo Global 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 3.152 | Dividend Share 1.72 | Earnings Share 8.28 | Revenue Per Share 54.945 | Quarterly Revenue Growth 1.286 |
The market value of Apollo Global Management is measured differently than its book value, which is the value of Apollo that is recorded on the company's balance sheet. Investors also form their own opinion of Apollo Global's value that differs from its market value or its book value, called intrinsic value, which is Apollo Global'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 Apollo Global's market value can be influenced by many factors that don't directly affect Apollo Global'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 Apollo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apollo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apollo Global'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.
Apollo Global '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 Apollo Global'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 Apollo Global.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Apollo Global on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Apollo Global Management or generate 0.0% return on investment in Apollo Global over 30 days. Apollo Global is related to or competes with Carlyle, Blackstone, Brookfield Asset, Ares Management, KKR Co, TPG, and Carlyle Secured. Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity and real e... More
Apollo Global 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 Apollo Global'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 Apollo Global Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.0849 | |||
| Maximum Drawdown | 6.84 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.46 |
Apollo Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Apollo Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apollo Global's standard deviation. In reality, there are many statistical measures that can use Apollo Global historical prices to predict the future Apollo Global's volatility.| Risk Adjusted Performance | 0.087 | |||
| Jensen Alpha | 0.1275 | |||
| Total Risk Alpha | 0.044 | |||
| Sortino Ratio | 0.0803 | |||
| Treynor Ratio | 0.1915 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Apollo Global'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.
Apollo Global Management Backtested Returns
We consider Apollo Global very steady. Apollo Global Management secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Apollo Global Management, which you can use to evaluate the volatility of the firm. Please confirm Apollo Global's Risk Adjusted Performance of 0.087, downside deviation of 1.56, and Mean Deviation of 1.15 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Apollo Global has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.96, which signifies possible diversification benefits within a given portfolio. Apollo Global returns are very sensitive to returns on the market. As the market goes up or down, Apollo Global is expected to follow. Apollo Global Management right now shows a risk of 1.48%. Please confirm Apollo Global Management semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Apollo Global Management will be following its price patterns.
Auto-correlation | 0.71 |
Good predictability
Apollo Global Management has good predictability. Overlapping area represents the amount of predictability between Apollo Global time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Apollo Global Management price movement. The serial correlation of 0.71 indicates that around 71.0% of current Apollo Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 9.34 |
Apollo Global Management lagged returns against current returns
Autocorrelation, which is Apollo Global 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 Apollo Global's stock expected returns. We can calculate the autocorrelation of Apollo Global returns to help us make a trade decision. For example, suppose you find that Apollo Global 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Apollo Global 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 Apollo Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apollo Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apollo Global stock over time.
Current vs Lagged Prices |
| Timeline |
Apollo Global Lagged Returns
When evaluating Apollo Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apollo Global stock have on its future price. Apollo Global 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, Apollo Global autocorrelation shows the relationship between Apollo Global stock current value and its past values and can show if there is a momentum factor associated with investing in Apollo Global Management.
Regressed Prices |
| Timeline |
Apollo Global Investors Sentiment
The influence of Apollo Global'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 Apollo. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Apollo Global's public news can be used to forecast risks associated with an investment in Apollo. The trend in average sentiment can be used to explain how an investor holding Apollo can time the market purely based on public headlines and social activities around Apollo Global Management. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Apollo Global'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 Apollo Global'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 Apollo Global's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Apollo Global.
Apollo Global Implied Volatility | 48.14 |
Apollo Global's implied volatility exposes the market's sentiment of Apollo Global Management stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Apollo Global'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 Apollo Global stock will not fluctuate a lot when Apollo Global'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 Apollo Global 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, Apollo Global's short interest history, or implied volatility extrapolated from Apollo Global options trading.
Pair Trading with Apollo Global
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 Apollo Global 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 Apollo Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Apollo Stock
| 0.7 | V | Visa Class A Earnings Call This Week | PairCorr |
| 0.79 | BX | Blackstone Group Financial Report 18th of July 2024 | PairCorr |
| 0.92 | CG | Carlyle Group Financial Report 2nd of May 2024 | PairCorr |
| 0.65 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
Moving against Apollo Stock
| 0.82 | WAVS | Western Acquisition | PairCorr |
| 0.64 | FSK | FS KKR Capital Financial Report 3rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Apollo Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apollo Global 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 Apollo Global - 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 Apollo Global Management to buy it.
The correlation of Apollo Global 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 Apollo Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apollo Global Management 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 Apollo Global 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.Check out Apollo Global Correlation, Apollo Global Volatility and Apollo Global Alpha and Beta module to complement your research on Apollo Global. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Apollo Stock analysis
When running Apollo Global's price analysis, check to measure Apollo Global'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 Apollo Global is operating at the current time. Most of Apollo Global's value examination focuses on studying past and present price action to predict the probability of Apollo Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apollo Global's price. Additionally, you may evaluate how the addition of Apollo Global to your portfolios can decrease your overall portfolio volatility.
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Apollo Global 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.