Apollo Global Management Stock Z Score
| APO Stock | USD 112.22 0.34 0.30% |
Apollo | Z Score |
Apollo Global Management Company Z Score Analysis
Apollo Global's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Apollo Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Apollo Global is extremely important. It helps to project a fair market value of Apollo Stock properly, considering its historical fundamentals such as Z Score. Since Apollo Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Apollo Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Apollo Global's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
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In accordance with the company's disclosures, Apollo Global Management has a Z Score of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The z score for all United States stocks is 100.0% higher than that of the company.
Apollo Global Current Valuation Drivers
We derive many important indicators used in calculating different scores of Apollo Global from analyzing Apollo Global's financial statements. These drivers represent accounts that assess Apollo Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Apollo Global's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.9B | 9.9B | 17.1B | 37.3B | 54.2B | 56.9B | |
| Enterprise Value | 6.5B | 11.2B | 19.9B | 39.5B | 44.6B | 46.8B |
Apollo Global Institutional Holders
Institutional Holdings refers to the ownership stake in Apollo Global that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Apollo Global's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Apollo Global's value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 6.8 M | Norges Bank | 2023-12-31 | 6.3 M | Putnam Investments, Llc., A Franklin Templeton Company | 2023-12-31 | 5.9 M | Goldman Sachs Group Inc | 2023-12-31 | 5.1 M | Millennium Management Llc | 2023-12-31 | 4.2 M | Legal & General Group Plc | 2023-12-31 | 4.1 M | Edgepoint Investment Group, Inc. | 2023-09-30 | 4.1 M | Mariner Wealth Advisors, Llc | 2023-12-31 | 3.7 M | Select Equity Group Lp | 2023-12-31 | 3.5 M | Vanguard Group Inc | 2023-12-31 | 41 M | Capital World Investors | 2023-12-31 | 31.7 M |
Apollo Fundamentals
| Return On Equity | 0.32 | |||
| Return On Asset | 0.0228 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 74.61 B | |||
| Shares Outstanding | 568.16 M | |||
| Shares Owned By Insiders | 27.31 % | |||
| Shares Owned By Institutions | 60.19 % | |||
| Number Of Shares Shorted | 17.13 M | |||
| Price To Earning | 10.19 X | |||
| Price To Book | 4.95 X | |||
| Price To Sales | 1.96 X | |||
| Revenue | 33.21 B | |||
| Gross Profit | 29.47 B | |||
| EBITDA | 6.69 B | |||
| Net Income | 4.88 B | |||
| Cash And Equivalents | 8.98 B | |||
| Cash Per Share | 33.39 X | |||
| Total Debt | 8.09 B | |||
| Debt To Equity | 6.72 % | |||
| Current Ratio | 2.58 X | |||
| Book Value Per Share | 22.27 X | |||
| Cash Flow From Operations | 6.6 B | |||
| Short Ratio | 8.04 X | |||
| Earnings Per Share | 8.28 X | |||
| Price To Earnings To Growth | 1.37 X | |||
| Target Price | 123.18 | |||
| Number Of Employees | 4.88 K | |||
| Beta | 1.62 | |||
| Market Capitalization | 64.04 B | |||
| Total Asset | 313.49 B | |||
| Retained Earnings | 2.97 B | |||
| Working Capital | (39.84 B) | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 4.88 % | |||
| Net Asset | 313.49 B | |||
| Last Dividend Paid | 1.72 |
About Apollo Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Apollo Global Management's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Apollo Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Apollo Global Management based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 | 43.61 |
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
| 0.75 | TW | Tradeweb Markets | PairCorr |
Moving against Apollo Stock
| 0.69 | TENKR | TenX Keane Acquisition | PairCorr |
| 0.5 | CDAQU | Compass Digital Acqu | 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 Piotroski F Score and Apollo Global Valuation analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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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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.