Apollo Medical Holdings Stock Market Value

AMEH Stock  USD 40.82  0.88  2.11%   
Apollo Medical's market value is the price at which a share of Apollo Medical stock trades on a public exchange. It measures the collective expectations of Apollo Medical Holdings investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Apollo Medical Holdings and determine expected loss or profit from investing in Apollo Medical over a given investment horizon.
Check out Apollo Medical Correlation, Apollo Medical Volatility and Apollo Medical Alpha and Beta module to complement your research on Apollo Medical.
Symbol

Apollo Medical Holdings Valuation

Is Apollo Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apollo Medical. If investors know Apollo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apollo Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Earnings Share
1.04
Revenue Per Share
28.697
Quarterly Revenue Growth
0.098
Return On Assets
0.0626
The market value of Apollo Medical Holdings is measured differently than its book value, which is the value of Apollo that is recorded on the company's balance sheet. Investors also form their own opinion of Apollo Medical's value that differs from its market value or its book value, called intrinsic value, which is Apollo Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apollo Medical's market value can be influenced by many factors that don't directly affect Apollo Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apollo Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apollo Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apollo Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Apollo Medical 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Apollo Medical's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Apollo Medical.
0.00
01/26/2024
No Change 0.00  0.0 
In 30 days
02/25/2024
0.00
If you would invest  0.00  in Apollo Medical on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Apollo Medical Holdings or generate 0.0% return on investment in Apollo Medical over 30 days. Apollo Medical is related to or competes with Outset MedicalInc, Venus Concept, Doximity, Edwards Lifesciences, Definitive Healthcare, and Veeva Systems. Apollo Medical Holdings, Inc., a physician-centric technology-powered healthcare company, provides medical care services More

Apollo Medical Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Apollo Medical's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Apollo Medical Holdings upside and downside potential and time the market with a certain degree of confidence.

Apollo Medical Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Apollo Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apollo Medical's standard deviation. In reality, there are many statistical measures that can use Apollo Medical historical prices to predict the future Apollo Medical's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Apollo Medical's 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. Please use the tools below to analyze the current value of Apollo Medical in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
38.4341.0243.61
Details
Intrinsic
Valuation
LowRealHigh
36.7444.4046.99
Details
6 Analysts
Consensus
LowTargetHigh
45.2049.6755.13
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.280.150.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Apollo Medical. Your research has to be compared to or analyzed against Apollo Medical's peers to derive any actionable benefits. When done correctly, Apollo Medical's 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 Apollo Medical Holdings.

Apollo Medical Holdings Backtested Returns

Apollo Medical appears to be very steady, given 3 months investment horizon. Apollo Medical Holdings secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had 0.13% return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-nine technical indicators for Apollo Medical Holdings, which you can use to evaluate the future volatility of the firm. Please makes use of Apollo Medical's Risk Adjusted Performance of 0.0705, mean deviation of 2.17, and Downside Deviation of 2.18 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Apollo Medical holds a performance score of 9. The firm shows a Beta (market volatility) of 2.9, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Apollo Medical will likely underperform. Although it is vital to follow Apollo Medical Holdings historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Please makes use of Apollo Medical Holdings total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness to make a quick decision on whether Apollo Medical price patterns will revert.

Auto-correlation

    
  0.47  

Average predictability

Apollo Medical Holdings has average predictability. Overlapping area represents the amount of predictability between Apollo Medical time series from 26th of January 2024 to 10th of February 2024 and 10th of February 2024 to 25th of February 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Apollo Medical Holdings price movement. The serial correlation of 0.47 indicates that about 47.0% of current Apollo Medical price fluctuation can be explain by its past prices.
Correlation Coefficient0.47
Spearman Rank Test0.6
Residual Average0.0
Price Variance2.37

Apollo Medical Holdings lagged returns against current returns

Autocorrelation, which is Apollo Medical stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Apollo Medical's stock expected returns. We can calculate the autocorrelation of Apollo Medical returns to help us make a trade decision. For example, suppose you find that Apollo Medical stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Apollo Medical regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Apollo Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apollo Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apollo Medical stock over time.
   Current vs Lagged Prices   
       Timeline  

Apollo Medical Lagged Returns

When evaluating Apollo Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apollo Medical stock have on its future price. Apollo Medical autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Apollo Medical autocorrelation shows the relationship between Apollo Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Apollo Medical Holdings.
   Regressed Prices   
       Timeline  

Pair Trading with Apollo Medical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apollo Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apollo Medical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Apollo Stock

  0.75CVS CVS Health Corp Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to Apollo Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apollo Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apollo Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apollo Medical Holdings to buy it.
The correlation of Apollo Medical is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apollo Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apollo Medical Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apollo Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Apollo Medical Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Apollo Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apollo Medical Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apollo Medical Holdings Stock:
Check out Apollo Medical Correlation, Apollo Medical Volatility and Apollo Medical Alpha and Beta module to complement your research on Apollo Medical.
Note that the Apollo Medical Holdings information on this page should be used as a complementary analysis to other Apollo Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Apollo Stock analysis

When running Apollo Medical's price analysis, check to measure Apollo Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apollo Medical is operating at the current time. Most of Apollo Medical's value examination focuses on studying past and present price action to predict the probability of Apollo Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apollo Medical's price. Additionally, you may evaluate how the addition of Apollo Medical to your portfolios can decrease your overall portfolio volatility.
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Apollo Medical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Apollo Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Apollo Medical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...