Apollo Medical Correlation, Apollo Medical Volatility and Apollo Medical Alpha and Beta module to complement your research on Apollo Medical.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 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
Revenue Per Share
Quarterly Revenue Growth
Return On Assets
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.
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 IndicatorsToday, 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.
Apollo Medical Holdings Backtested Returns
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.
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.
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.
Pair Trading with Apollo MedicalOne 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. 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.