Apa Corporation Stock Chance of Future Stock Price Finishing Over 45.96

APA Stock  USD 33.71  0.83  2.52%   
APA's implied volatility is one of the determining factors in the pricing options written on APA Corporation. Implied volatility approximates the future value of APA based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in APA Corporation over a specific time period. For example, 2024-03-28 CALL at $33.5 is a CALL option contract on APA's common stock with a strick price of 33.5 expiring on 2024-03-28. The contract was last traded on 2024-03-27 at 15:47:25 for $0.35 and, as of today, has 0 days remaining before the expiration. The option is currently trading at a bid price of $0.39, and an ask price of $0.42. The implied volatility as of the 28th of March is 41.14. View All APA options

Closest to current price APA long CALL Option Payoff at Expiration

APA's future price is the expected price of APA instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of APA Corporation performance during a given time horizon utilizing its historical volatility. Check out APA Backtesting, APA Valuation, APA Correlation, APA Hype Analysis, APA Volatility, APA History as well as APA Performance.
  
At present, APA's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 4.37, whereas Price Earnings Ratio is forecasted to decline to 3.68. Please specify APA's target price for which you would like APA odds to be computed.

APA Target Price Odds to finish over 45.96

The tendency of APA Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 45.96  or more in 90 days
 33.71 90 days 45.96 
near 1
Based on a normal probability distribution, the odds of APA to move over $ 45.96  or more in 90 days from now is near 1 (This APA Corporation probability density function shows the probability of APA Stock to fall within a particular range of prices over 90 days) . Probability of APA Corporation price to stay between its current price of $ 33.71  and $ 45.96  at the end of the 90-day period is about 19.51 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.46 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, APA will likely underperform. Additionally APA Corporation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   APA Price Density   
       Price  

Predictive Modules for APA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as APA Corporation. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Hype
Prediction
LowEstimatedHigh
31.5933.7135.83
Details
Intrinsic
Valuation
LowRealHigh
31.2533.3735.49
Details
Naive
Forecast
LowNextHigh
31.7533.8635.98
Details
26 Analysts
Consensus
LowTargetHigh
45.7750.3055.83
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 toward taking a position in APA Corporation.

APA Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. APA is not an exception. The market had few large corrections towards the APA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold APA Corporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of APA within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.25
β
Beta against NYSE Composite1.46
σ
Overall volatility
1.99
Ir
Information ratio -0.09

APA Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of APA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for APA Corporation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
APA Corporation generated a negative expected return over the last 90 days
Over 85.0% of the company shares are held by institutions such as insurance companies
On 22nd of February 2024 APA paid $ 0.25 per share dividend to its current shareholders
Latest headline from fool.com.au: 2 ASX 200 shares just upgraded by Macquarie

APA Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of APA Stock often depends not only on the future outlook of the current and potential APA's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. APA's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding309 M
Cash And Short Term Investments87 M

APA Technical Analysis

APA's future price can be derived by breaking down and analyzing its technical indicators over time. APA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of APA Corporation. In general, you should focus on analyzing APA Stock price patterns and their correlations with different microeconomic environments and drivers.

APA Predictive Forecast Models

APA's time-series forecasting models is one of many APA's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary APA's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about APA Corporation

Checking the ongoing alerts about APA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for APA Corporation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
APA Corporation generated a negative expected return over the last 90 days
Over 85.0% of the company shares are held by institutions such as insurance companies
On 22nd of February 2024 APA paid $ 0.25 per share dividend to its current shareholders
Latest headline from fool.com.au: 2 ASX 200 shares just upgraded by Macquarie
When determining whether APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock:

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When running APA's 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 the 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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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
3.272
Dividend Share
1
Earnings Share
9.25
Revenue Per Share
26.276
Quarterly Revenue Growth
(0.15)
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 if APA is a good investment 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.