Macroaxis: Personalized Investing

Personalized Investing and

Digital Wealth Optimization

AAPL PHG SNE HAR 
Benchmark  United States  NYSE  10,890   58.62 Index Moved Up 0.54%  


Processing
Processing. Please wait...

Apple Beta Apple Beta

   
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 

 = 
1.25

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 Apple to competition

Apple Beta Assessment

AAPL Indicator
 
Change Benchmark  Embed   AAPL Comparables 
In accordance with recently published financial statements Apple Inc has Beta of 1.25. This is 160.42% higher than that of the Consumer Goods sector, and 1662.5% lower than that of Electronic Equipment industry, The Beta for all stocks is 792.86% lower than the firm.

Filter other Stocks by Beta

Select Beta Range
Current Range 
Indicate Industry
Click to run this filter
 Run Equity Filter
Filter Other Equities
  
Found 10 equities

Beta

AAPL NMSApple Inc
1.25
PHG NYQKoninklijke Philips NV
1.3
SNE NYQSony Corporation
2.04
HAR NYQHarman International Industries Incorporated
1.24
UEIC NMSUniversal Electronics Inc
2.51
KODK NYQEastman Kodak Co
0.0
WATT NCMEnergous Corporation
0.0
MCIG PNKmCig Inc
26.24
VUZI OBBVuzix Corporation
3.97
INSA PNKInvisa Inc
0.76
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
Apple is rated fifth in beta category among related companies.
AAPL Indicator
 
Change Benchmark  Embed   AAPL Comparables 
Follow Apple Beta with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker

Apple Inc Profile

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Apple will likely underperform.
Apple Inc Large BetaApple Inc Beta Legend

Other Apple Fundamentals

Return On Equity33.61 %
Return On Asset14.96 %
Profit Margin21.61 %
Operating Margin28.72 %
Current Valuation685 B
Shares Outstanding5.86 B
Shares Owned by Insiders0.05 %
Shares Owned by Institutions62.10 %
Number of Shares Shorted99.64 M
Price to Earning17.97 times
Price to Book6.03 times
Price to Sales3.68 times
Revenue182.8 B
Gross Profit70.54 B
EBITDA60.45 B
Net Income39.51 B
Cash and Equivalents25.16 B
Cash per Share4.29 times
Total Debt35.3 B
Debt to Equity0.32 times
Current Ratio1.08 times
Book Value Per Share19.01 times
Cash Flow from Operations59.71 B
Short Ratio1.40 times
One Year High119.75
One Year Low70.51
Earnings Per Share6.45 times
Price to Earnings To Growth1.29 times
Number of Employees92.6 K
Beta1.25
Market Capitalization679.91 B
Total Asset231.84 B
Retained Earnings87.15 B
Working Capital5.08 B
Current Asset68.53 B
Current Liabilities63.45 B
Z Score11.4
Probability Of Bankruptcy1.00 %


 

Analytics

Risk Adjusted Returns Landscape
Live Efficient Frontier
Market Correlation Analysis
Watchlist Analysis
Financial Content
Portfolio Estimation and Projections
Portfolio Theme Builder
 
 

Research Modules

Equities Backtesting Analysis
Instant Retirement Optimizer
Cross-portfolio RSS and Mobile Access
Company, fund, and ETF Directory
Financial Advisor Directory
Insider and Manager Directory
Wealth Management
 

Services And Technology

Frequently Asked Questions
Quick Product Tour
Product Technology Overview
Solution Methodology
Plans and Pricing
 

Free Investor Tools

World Market Correlations
Instant Equity Comparator
Watchlist Analysis
Position Suggestions
Equity Alpha Analysis
 

About Us

About Macroaxis
Contact Us
Product Terms Of Use
Service Privacy Policy
Advertising Opportunities