Returns Breakdown
| Return on Investment | 11.3 | |
| Return on Assets | 0.0614 | |
| Return on Equity | 0.12 | |
| Return Capital | 0.14 | |
| Return on Sales | 0.0659 |
Estimating Apogee Enterprises (NASDAQ:APOG) price for January 2021.
 | By Raphi Shpitalnik | Macroaxis Story |
Apogee Enterprises Investments Current are projected to increase significantly based on the last few years of reporting. The past year's Investments Current were at 294,300. The current year Investments Non Current is expected to grow to about 11.9 M, whereas Tax Assets are forecasted to decline to about 5.6 M. The basic objective of this story is to give shareholders our perspective on Apogee for January. We will forecast Apogee Enterprises value for shareholders.
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Reviewed by Vlad Skutelnik
Apogee Enterprises has a beta of 1.2686. Let's try to break down what Apogee's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Apogee Enterprises will likely underperform. The beta indicator helps investors understand whether Apogee Enterprises moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Apogee deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Apogee Enterprises. Your research has to be compared to or analyzed against Apogee Enterprises' peers to derive any actionable benefits. When done correctly, Apogee Enterprises' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Apogee Enterprises.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Apogee Enterprises. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Predictive Modules for Apogee Enterprises
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Apogee Enterprises' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
How important is Apogee Enterprises's Liquidity
Apogee Enterprises financial leverage refers to using borrowed capital as a funding source to finance Apogee Enterprises ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Apogee Enterprises 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. Financial leverage can amplify the potential profits to Apogee Enterprises' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Apogee Enterprises' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Apogee Enterprises's total debt and its cash.
Apogee Enterprises Gross Profit
Apogee Enterprises Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Apogee Enterprises previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Apogee Enterprises Gross Profit growth over the last 10 years. Please check Apogee Enterprises' gross profit and other fundamental indicators for more details.
A Deeper look at Apogee
The latest price surge of Apogee Enterprises could raise concerns from shareholders as the firm it trading at a share price of 32.13 on 574,559 in volume. The company management teams may have good odds in positioning the firm resources to exploit market volatility in January. The stock standard deviation of daily returns for 30 days investing horizon is currently 3.05. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Apogee Enterprises partners.
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