|Apple Inc -- USA Stock|| |
USD 159.76 0.71 0.44%
Apple has performance score of 2 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.5146 which signifies that as returns on market increase, returns on owning Apple are expected to decrease at a much smaller rate. During bear market, Apple is likely to outperform the market.. Although it is extremely important to respect Apple Inc
historical returns, it is better to be realistic regarding the information on equity current trending patternss. 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 0.0338% will be sustainable into the future. Apple Inc
right now shows a risk of 0.9153%. Please confirm Apple Inc Jensen Alpha
as well as the relationship
between Potential Upside
to decide if Apple Inc will be following its price patterns
Relative Risk vs. Return Landscape
If you would invest 15,867
in Apple Inc on September 18, 2017
and sell it today you would earn a total of 109
from holding Apple Inc or generate 0.69%
return on investment over 30
days. Apple Inc is currenly generating 0.0338% of daily expected returns and assumes 0.9153% risk (volatility on return distribution) over the 30 days horizon. In different words, 8% of equities are less volatile than Apple Inc and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, Apple Inc is expected to generate 3.79 times less return on investment than the market. In addition to that, the company is 4.06 times more volatile than its market benchmark. It trades about 0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.57 per unit of volatility.
Apple Daily Price Distribution
The median price of Apple for the period between Mon, Sep 18, 2017 and Wed, Oct 18, 2017 is 155.39 with a coefficient of variation of 1.67. The daily time series for the period is distributed with a sample standard deviation of 2.59, arithmetic mean of 155.42, and mean deviation of 2.0. The Stock received some media coverage during the period.