Apple Stock Performance

AAPL -  USA Stock  

USD 171.18  5.86  3.54%

Apple has performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.8137, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Apple's beta means in this case. As returns on the market increase, Apple returns are expected to increase less than the market. However, during the bear market, the loss on holding Apple will be expected to be smaller as well. Although it is extremely important to respect Apple Inc historical returns, it is better to be realistic regarding the information on 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 Apple Inc technical indicators, you can presently evaluate if the expected return of 0.17% will be sustainable into the future. Apple Inc right now shows a risk of 1.42%. Please confirm Apple Inc jensen alpha, as well as the relationship between the potential upside and skewness to decide if Apple Inc will be following its price patterns.

Apple Stock Performance 

 
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Apple Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Apple Inc are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Apple may actually be approaching a critical reversion point that can send shares even higher in January 2022. ...more

Apple Price Channel

Quick Ratio0.89
Fifty Two Week Low116.21
Target High Price190.00
Fifty Two Week High170.30
Payout Ratio16.31%
Trailing Annual Dividend Yield0.50%
Target Low Price132.00

Apple Relative Risk vs. Return Landscape

If you would invest  15,488  in Apple Inc on September 8, 2021 and sell it today you would earn a total of  1,630  from holding Apple Inc or generate 10.52% return on investment over 90 days. Apple Inc is currently generating 0.1664% in daily expected returns and assumes 1.4177% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of stocks are less volatile than Apple, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Apple is expected to generate 1.61 times more return on investment than the market. However, the company is 1.61 times more volatile than its market benchmark. It trades about 0.12 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

Apple Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Apple's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Apple Inc, and traders can use it to determine the average amount a Apple's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1174

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Estimated Market Risk
 1.42
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 0.17
  actual daily
 
 3 %
of total potential
 
33
Risk-Adjusted Return
 0.12
  actual daily
 
 8 %
of total potential
 
88
Based on monthly moving average Apple is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Apple by adding it to a well-diversified portfolio.

About Apple Performance

To evaluate Apple Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Apple generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Apple Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Apple Inc stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Apple's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Return on Investment 59.60  45.25 
Return on Average Assets 0.28  0.22 
Return on Average Equity 1.44  0.95 
Return on Invested Capital 0.35  0.29 
Return on Sales 0.30  0.30 
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California. Apple operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 147000 people.

Things to note about Apple Inc

Checking the ongoing alerts about Apple for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Apple Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Apple Alerts

Equity Alerts and Improvement Suggestions

Apple Inc is unlikely to experience financial distress in the next 2 years
About 59.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.thestreet.com: Apple Stock The Key Takeaways From An Action-Packed Week - TheStreet
Please continue to Trending Equities. Note that the Apple Inc information on this page should be used as a complementary analysis to other Apple'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Apple Inc price analysis, check to measure Apple'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 Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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Is Apple'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 Apple. If investors know Apple 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 Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple'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 Apple's market value can be influenced by many factors that don't directly affect Apple'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 Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine Apple value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple'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.