Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Apple is '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 (0.23), jensen alpha of (0.29), total risk alpha of (0.28), sortino ratio of 0.0 and treynor ratio of (0.26)Macroaxis 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 13.09X, 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 Thematic Classifications
Artificial IntelligenceFirms and funds that are developing tools for artificial intelligence
Disruptive TechnologiesFirms and ETFs that are involved or betting on industries or trends that are projected to experience exponential growth
Millennials BestFirms that are involved in making products or providing services to millennials
Apple exhibits very low volatility with skewness of 0.14 and kurtosis of 3.56. However, we advise investors to further study Apple technical indicators to make sure all market info is available and is reliable.
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. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
