Air Products Stock Market Value

APD Stock  USD 313.98  0.17  0.05%   
Air Products' market value is the price at which a share of Air Products stock trades on a public exchange. It measures the collective expectations of Air Products And investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Air Products And and determine expected loss or profit from investing in Air Products over a given investment horizon. Please continue to Air Products Correlation, Air Products Volatility and Air Products Alpha and Beta module to complement your research on Air Products.
Symbol


Is Air Products' 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 Air Products. If investors know Air Products 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 Air Products 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
(0.046) 
Market Capitalization
69.7 B
Quarterly Revenue Growth
0.257
Return On Assets
0.0569
Return On Equity
0.1622
The market value of Air Products And is measured differently than its book value, which is the value of Air Products that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' 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 Air Products' market value can be influenced by many factors that don't directly affect Air Products' 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 Air Products' value and its price as these two are different measures arrived at by different means. Investors typically determine Air Products value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Products' 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.

Air Products '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 Air Products' 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 Air Products.
0.00
02/09/2021
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/30/2023
0.00
If you would invest  0.00  in Air Products on February 9, 2021 and sell it all today you would earn a total of 0.00 from holding Air Products And or generate 0.0% return on investment in Air Products over 720 days. Air Products is related to or competes with Johnson Johnson, International Business, McDonalds, Intel, Microsoft, B of A, and Pfizer. Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related service... More

Air Products 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 Air Products' 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 Air Products And upside and downside potential and time the market with a certain degree of confidence.

Air Products Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Air Products' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Air Products' standard deviation. In reality, there are many statistical measures that can use Air Products historical prices to predict the future Air Products' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Air Products' 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 Air Products in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
314.71316.47318.23
Details
Intrinsic
Valuation
LowReal ValueHigh
283.74337.76339.52
Details
Naive
Forecast
LowNext ValueHigh
319.62321.38323.14
Details
16 Analysts
Consensus
LowTarget PriceHigh
269.00321.75370.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Air Products. Your research has to be compared to or analyzed against Air Products' peers to derive any actionable benefits. When done correctly, Air Products' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Air Products And.

Air Products And Backtested Returns

Air Products appears to be very steady, given 3 months investment horizon. Air Products And secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had 0.22% of 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-eight technical indicators for Air Products And, which you can use to evaluate the future volatility of the firm. Please makes use of Air Products' Risk Adjusted Performance of 0.2605, mean deviation of 1.3, and Downside Deviation of 1.18 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Air Products holds a performance score of 17. The firm shows a Beta (market volatility) of 0.9367, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Air Products's beta means in this case. Air Products returns are very sensitive to returns on the market. As the market goes up or down, Air Products is expected to follow. Although it is vital to follow Air Products And historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Air Products And technical indicators, you can presently evaluate if the expected return of 0.39% will be sustainable into the future. Please makes use of Air Products And semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to make a quick decision on whether Air Products price patterns will revert.

Auto-correlation

    
  0.42  

Average predictability

Air Products And has average predictability. Overlapping area represents the amount of predictability between Air Products time series from 9th of February 2021 to 4th of February 2022 and 4th of February 2022 to 30th of January 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Air Products And price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Air Products price fluctuation can be explain by its past prices.
Correlation Coefficient0.42
Spearman Rank Test0.28
Residual Average0.0
Price Variance918.41

Air Products And lagged returns against current returns

Autocorrelation, which is Air Products 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 Air Products' stock expected returns. We can calculate the autocorrelation of Air Products returns to help us make a trade decision. For example, suppose you find that Air Products 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  

Air Products 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 Air Products stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Air Products stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Air Products stock over time.
   Current vs Lagged Prices   
       Timeline  

Air Products Lagged Returns

When evaluating Air Products' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Air Products stock have on its future price. Air Products 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, Air Products autocorrelation shows the relationship between Air Products stock current value and its past values and can show if there is a momentum factor associated with investing in Air Products And.
   Regressed Prices   
       Timeline  

Air Products Investors Sentiment

The influence of Air Products' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Air Products. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Air Products' public news can be used to forecast risks associated with investment in Air Products. The trend in average sentiment can be used to explain how an investor holding Air Products can time the market purely based on public headlines and social activities around Air Products And. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Air Products' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Air Products' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Air Products' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Air Products.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Air Products in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Air Products' short interest history, or implied volatility extrapolated from Air Products options trading.

Pair Trading with Air Products

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 Air Products 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 Air Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Air Products

+0.83XUnited States Steel Earnings Call This WeekPairCorr
+0.81VALEVale SA ADR Aggressive PushPairCorr

Moving against Air Products

-0.81ACNTSynalloy Symbol ChangePairCorr
The ability to find closely correlated positions to Air Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Products 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 Air Products - 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 Air Products And to buy it.
The correlation of Air Products 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 Air Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Products And 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 Air Products 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
Please continue to Air Products Correlation, Air Products Volatility and Air Products Alpha and Beta module to complement your research on Air Products. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for analysis

When running Air Products And price analysis, check to measure Air Products' 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 Air Products is operating at the current time. Most of Air Products' value examination focuses on studying past and present price action to predict the probability of Air Products' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Air Products' price. Additionally, you may evaluate how the addition of Air Products to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Air Products 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 Air Products technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Air Products 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...