Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Apple is 'Strong Hold'. Macroaxis provides Apple buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Apple positions. The advice algorithm takes into account all of Apple available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Apple buy-and-hold prospective. Check also Apple Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Apple has a risk adjusted performance of 0.0163, jensen alpha of 0.023, total risk alpha of 0.0628, sortino ratio of 0.0203 and treynor ratio of 0.0356Macroaxis provides buy, hold, or sell suggestion on Apple to complement and cross-verify current analyst consensus on Apple. Our buy, hold, or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Apple is not overpriced, please confirm all Apple fundamentals including its Price to Earning, Cash per Share, Price to Earnings To Growth, as well as the relationship between Gross Profit and Book Value Per Share . Given that Apple has Price to Earning of 15.90X, we suggest you validate Apple market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Apple Trading Alerts and Improvement Suggestions
Apple has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
About 61.0% of the company shares are held by institutions such as insurance companies
Apple has relatively low volatility with skewness of 0.12 and kurtosis of 2.4. However, we advise all investors to independently investigate Apple to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.