Apple Stock Alpha and Beta Analysis

AAPL
 Stock
  

USD 172.10  1.09  0.63%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Apple Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Apple over a specified time horizon. Remember, high Apple's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to Apple Backtesting, Apple Valuation, Apple Correlation, Apple Hype Analysis, Apple Volatility, Apple History and analyze Apple Performance.
  
Please note that although Apple alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Apple did 0.13  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Apple Inc stock's relative risk over its benchmark. Apple Inc has a beta of 1.53  . Let's try to break down what Apple'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, Apple will likely underperform.
Apple Enterprise Value over EBIT is relatively stable at the moment as compared to the past year. The company's current value of Enterprise Value over EBIT is estimated at 15.11. Enterprise Value over EBITDA is expected to hike to 13.39 this year, although Tangible Assets Book Value per Share will most likely fall to 17.29.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Apple Quarterly Book Value per Share

3.595

Apple Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Apple market risk premium is the additional return an investor will receive from holding Apple long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Apple. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Apple's performance over market.
α0.13   β1.53
90 days against DJI

Apple expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Apple's Buy-and-hold return. Our buy-and-hold chart shows how Apple performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Apple Market Price Analysis

Market price analysis indicators help investors to evaluate how Apple stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Apple shares will generate the highest return on investment. By understating and applying Apple stock market price indicators, traders can identify Apple position entry and exit signals to maximize returns.

Apple Return and Market Media

The median price of Apple for the period between Wed, May 18, 2022 and Tue, Aug 16, 2022 is 146.3 with a coefficient of variation of 7.2. The daily time series for the period is distributed with a sample standard deviation of 10.65, arithmetic mean of 147.91, and mean deviation of 8.34. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
US STOCKS-Wall Street bounces back on boost from banks, Appl...05/23/2022
2
AAPL Apple vs. Amazon Which FAANG Stock is a Better Buy - St...06/02/2022
3
Apple Inc. stock outperforms market despite losses on the da...06/13/2022
4
EPS Estimate06/30/2022
5
Apple stock target cut on downbeat hardware revenue outlook ...07/12/2022
6
Apple to Slow Hiring and Spending for Some Teams Next Year -...07/18/2022
7
Is Apple Stock A Buy Before Upcoming Earnings - Seeking Alph...07/25/2022
8
EPS Reported07/28/2022
9
SP 500, Dow score biggest monthly gains since November 2020,...07/29/2022
10
Sale by Katherine Adams of 5700 shares of Apple08/05/2022
11
Financial Statements08/08/2022
12
Exercise or conversion by Deirdre OBrien of 31896 shares of ...08/09/2022
13
EPS Estimate08/12/2022

About Apple Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Apple Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2016 2021 2022 (projected)
Calculated Tax Rate13.324.5625.69
Long Term Debt to Equity1.730.730.72

Apple Upcoming Company Events

As portrayed in its financial statements, the presentation of Apple's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Apple's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Apple's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Apple. Please utilize our Beneish M Score to check the likelihood of Apple's management manipulating its earnings.
Upcoming Quarterly Report27th of January 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of October 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Apple

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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Align your risk with return expectations

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please continue to Apple Backtesting, Apple Valuation, Apple Correlation, Apple Hype Analysis, Apple Volatility, Apple History and analyze Apple Performance. 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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Apple Stock analysis

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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Apple 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 Apple technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Apple 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...