Apple Beta

AAPL -- USA Stock  

USD 217.66  3.13  1.42%

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Beta Analysis

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
Apple 
Beta 
 = 
Covariance 
Variance 
 = 
1.26

Apple Distress Driver Correlations

About Beta

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition

Income

Apple Income Change Over Time

Accumulated Other Comprehensive Income

In accordance with recently published financial statements Apple has Beta of 1.26. This is 366.67% higher than that of the Technology sector, and significantly higher than that of Consumer Electronics industry, The Beta for all stocks is 270.59% lower than the firm.

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Apple Institutional Holders

Current Institutional Investors

Security TypeSharesValue
Vanguard Group IncCommon Shares347.9 M64.4 B
Blackrock IncCommon Shares311.7 M57.7 B
Berkshire Hathaway IncCommon Shares252 M46.6 B
State Street CorpCommon Shares191.5 M35.4 B
Fmr LlcCommon Shares103.7 M19.2 B
Northern Trust CorpCommon Shares62 M11.5 B
Geode Capital Management LlcCommon Shares57.3 M10.6 B
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Apple will likely underperform.


 
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