The firm shows Beta (market volatility) of 0.8307 which signifies that as returns on market increase, Apple returns are expected to increase less than the market. However during bear market, the loss on holding Apple will be expected to be smaller as well. Even though it is essential to pay attention to Apple
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Apple exposes twenty-one different technical indicators which can help you to evaluate its performance. Apple
has expected return of -0.0607%. Please be advised to confirm Apple Jensen Alpha
as well as the relationship
between Potential Upside
to decide if Apple
past performance will be repeated at some point in the near future.
Over the last 30 days Apple has generated negative risk-adjusted returns adding no value to investors with long positions. Even with considerably steady technical indicators, Apple is not utilizing all of its potentials. The existing stock price chaos, may contribute to medium term losses for the stakeholders.
|Fifty Two Week Low||142.00|
|Target High Price||270.00|
|Fifty Two Week High||233.47|
|Target Low Price||150.00|
|Trailing Annual Dividend Yield||1.43%|