Apa Corp Stock Story

APA
 Stock
  

USD 34.60  0.24  0.69%   

32% of stocks are less volatile than Apa Corp, and above 91% of all equities are expected to generate higher returns over the next 90 days. Although many risk-takers are getting more into energy space, some of us are not very happy with Apa Corp's current volatility. We will go over odds for Apa Corp to generate above-average margins in two-three weeks.
Published over two months ago
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Will Apa Corp (NASDAQ:APA) current volatility spike continue?

Apa Corp has roughly 302 M in cash with 3.5 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87.
Volatility is a rate at which the price of Apa Corp or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Apa Corp may increase or decrease. In other words, similar to Apa Corp's beta indicator, it measures the risk of Apa Corp and helps estimate the fluctuations that may happen in a short period of time. So if prices of Apa Corp fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Apa Corp's Liquidity

Apa Corp financial leverage refers to using borrowed capital as a funding source to finance Apa Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Apa Corp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Apa Corp's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Apa Corp, but it might be worth checking our own buy vs. sell analysis

Apa Corp Volatility Drivers

Apa Corp unsystematic risk is unique to Apa Corp and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Apa Corp you can also buy KE Holdings. You can also mitigate this risk by investing in the oil & gas e&p sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Apa Corp important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Apa Corp income statement and balance sheet. Here are more details about Apa Corp volatility.
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