Apollo Property Plant And Equipment Gross vs Short Term Investments Analysis

APO Stock  USD 65.25  46.23  41.47%   
Apollo Global financial indicator trend analysis is way more than just evaluating Apollo Global Management prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apollo Global Management is a good investment. Please check the relationship between Apollo Global Property Plant And Equipment Gross and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Global Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Property Plant And Equipment Gross vs Short Term Investments

Property Plant And Equipment Gross vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apollo Global Management Property Plant And Equipment Gross account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Apollo Global's Property Plant And Equipment Gross and Short Term Investments is -0.06. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Apollo Global Management, assuming nothing else is changed. The correlation between historical values of Apollo Global's Property Plant And Equipment Gross and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Apollo Global Management are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Gross i.e., Apollo Global's Property Plant And Equipment Gross and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Gross

Short Term Investments

Short Term Investments is an item under the current assets section of Apollo Global balance sheet. It contains any investments Apollo Global Management undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Apollo Global Management can easily liquidate in the marketplace.
Most indicators from Apollo Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apollo Global Management current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Global Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
As of the 8th of May 2024, Selling General Administrative is likely to grow to about 2.7 B. Also, Tax Provision is likely to grow to about 619.5 M
 2021 2022 2023 2024 (projected)
Interest Expense139.1M130.5M145M104.7M
Depreciation And Amortization27.3M594M804M844.2M

Apollo Global fundamental ratios Correlations

0.10.971.00.990.751.0-0.70.991.00.99-0.990.790.970.78-0.060.98-0.90.971.00.751.00.230.841.00.6
0.10.090.050.120.060.050.630.030.170.14-0.070.170.15-0.050.020.25-0.010.130.10.050.070.37-0.050.040.19
0.970.090.960.980.860.96-0.680.950.960.97-0.940.690.930.89-0.10.96-0.950.950.970.860.950.130.820.960.63
1.00.050.960.980.731.0-0.740.990.990.98-0.990.780.970.78-0.070.97-0.90.971.00.731.00.230.831.00.6
0.990.120.980.980.770.98-0.680.970.990.99-0.960.770.960.79-0.060.99-0.890.970.990.770.980.210.850.980.6
0.750.060.860.730.770.73-0.540.740.740.79-0.690.470.640.92-0.050.77-0.920.730.751.00.72-0.240.70.750.57
1.00.050.961.00.980.73-0.740.990.990.98-0.990.780.970.78-0.070.97-0.890.971.00.731.00.230.831.00.6
-0.70.63-0.68-0.74-0.68-0.54-0.74-0.75-0.66-0.660.73-0.49-0.65-0.640.06-0.580.7-0.67-0.71-0.54-0.720.08-0.68-0.74-0.34
0.990.030.950.990.970.740.99-0.750.980.97-0.990.780.960.78-0.060.96-0.890.970.990.730.990.250.80.990.6
1.00.170.960.990.990.740.99-0.660.980.98-0.990.80.970.77-0.060.98-0.890.971.00.730.990.260.810.990.62
0.990.140.970.980.990.790.98-0.660.970.98-0.970.720.950.79-0.140.99-0.90.950.990.780.970.170.870.980.56
-0.99-0.07-0.94-0.99-0.96-0.69-0.990.73-0.99-0.99-0.97-0.79-0.97-0.770.06-0.950.88-0.96-0.99-0.69-0.99-0.26-0.79-0.99-0.61
0.790.170.690.780.770.470.78-0.490.780.80.72-0.790.780.470.530.77-0.630.830.780.460.830.420.50.770.74
0.970.150.930.970.960.640.97-0.650.960.970.95-0.970.780.72-0.060.95-0.830.970.970.630.970.40.750.960.62
0.78-0.050.890.780.790.920.78-0.640.780.770.79-0.770.470.72-0.10.76-0.970.790.780.910.76-0.130.620.80.67
-0.060.02-0.1-0.07-0.06-0.05-0.070.06-0.06-0.06-0.140.060.53-0.06-0.1-0.060.030.05-0.07-0.060.00.2-0.3-0.070.51
0.980.250.960.970.990.770.97-0.580.960.980.99-0.950.770.950.76-0.06-0.870.960.980.770.970.240.830.970.6
-0.9-0.01-0.95-0.9-0.89-0.92-0.890.7-0.89-0.89-0.90.88-0.63-0.83-0.970.03-0.87-0.89-0.9-0.92-0.880.02-0.71-0.91-0.71
0.970.130.950.970.970.730.97-0.670.970.970.95-0.960.830.970.790.050.96-0.890.970.720.980.360.710.970.71
1.00.10.971.00.990.751.0-0.710.991.00.99-0.990.780.970.78-0.070.98-0.90.970.741.00.230.831.00.6
0.750.050.860.730.771.00.73-0.540.730.730.78-0.690.460.630.91-0.060.77-0.920.720.740.71-0.250.70.750.56
1.00.070.951.00.980.721.0-0.720.990.990.97-0.990.830.970.760.00.97-0.880.981.00.710.260.811.00.63
0.230.370.130.230.21-0.240.230.080.250.260.17-0.260.420.4-0.130.20.240.020.360.23-0.250.26-0.180.210.36
0.84-0.050.820.830.850.70.83-0.680.80.810.87-0.790.50.750.62-0.30.83-0.710.710.830.70.81-0.180.830.16
1.00.040.961.00.980.751.0-0.740.990.990.98-0.990.770.960.8-0.070.97-0.910.971.00.751.00.210.830.61
0.60.190.630.60.60.570.6-0.340.60.620.56-0.610.740.620.670.510.6-0.710.710.60.560.630.360.160.61
Click cells to compare fundamentals

Apollo Global Account Relationship Matchups

Apollo Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B23.7B30.5B13.8B313.5B329.2B
Short Long Term Debt Total2.9B14.6B3.6B3.5B8.1B5.5B
Other Current Liab1.2B1.5B2.6B2.9B7.9B8.3B
Total Current Liabilities1.4B1.6B2.9B3.3B216.4B227.3B
Total Stockholder Equity1.9B1.4B3.8B1.8B14.0B14.7B
Property Plant And Equipment Net190.7M375.1M450.5M590.7M679.3M713.3M
Current Deferred Revenue84.6M30.4M119.7M172.7M204.7B214.9B
Net Debt1.3B12.2B2.7B2.2B(9.6B)(9.1B)
Accounts Payable94.4M120.0M145.1M167.8M3.3B3.5B
Cash1.6B2.4B917.2M1.3B17.7B18.6B
Non Current Assets Total6.5B20.6B28.4B10.7B136.9B143.7B
Non Currrent Assets Other1.6B462.0M16.0B1.2B(127.4B)(121.0B)
Cash And Short Term Investments1.6B2.4B917.2M1.3B19.9B20.9B
Net Receivables417.5M510.6M493.8M726.3M8.8B9.2B
Common Stock Shares Outstanding208.7M227.5M236.6M584.7M588.8M618.3M
Short Term Investments554.4M817.0M1.7B5.6B2.2B2.2B
Liabilities And Stockholders Equity8.5B23.7B30.5B13.8B313.5B329.2B
Non Current Liabilities Total4.1B15.7B17.4B6.0B71.8B75.4B
Other Current Assets(2.6B)(3.8B)(4.3B)(17.6B)(28.7B)(27.2B)
Other Stockholder Equity1.3B877.2M2.1B3.6B13.9B14.6B
Total Liab5.5B17.4B20.3B9.3B288.2B302.7B
Property Plant And Equipment Gross232.7M375.1M450.5M590.7M679.3M713.3M
Total Current Assets2.0B3.0B2.1B3.1B176.6B185.4B
Accumulated Other Comprehensive Income(4.6M)(2.1M)(5.4M)(10.3M)(5.6B)(5.3B)
Short Term Debt54.5M40.5M37.7M50M512M537.6M
Intangible Assets20.6M23.6M14.8M179.2M161.3M169.4M
Other Liab876.2M12.8B1.8B228.9B263.3B276.4B
Other Assets675.1M15.4B1.1B79.8B312.6B328.3B
Long Term Debt3.5B5.6B5.7B2.9B8.1B8.5B
Property Plant Equipment20.0M232.7M295.1M450.5M518.1M544.0M
Inventory2.7B3.9B5.0B18.7B21.5B22.6B
Common Stock2.2K2.3K2.5K5.7K1.4B1.5B

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 against Apollo Stock

  0.46HG Hamilton Insurance Report 21st of October 2024 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.
Pair CorrelationCorrelation Matching
When determining whether Apollo Global Management is a strong investment it is important to analyze Apollo Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apollo Global's future performance. For an informed investment choice regarding Apollo Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Global Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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
(0.03)
Dividend Share
1.753
Earnings Share
8.28
Revenue Per Share
57.802
Quarterly Revenue Growth
0.326
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.