Apa Corporation Stock Chance of Future Stock Price Finishing Under 14.74
| APA Stock | USD 21.84 0.03 0.14% |
APA |
APA Target Price Odds to finish below 14.74
The tendency of APA Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 14.74 or more in 90 days |
| 21.84 | 90 days | 14.74 | near 1 |
Based on a normal probability distribution, the odds of APA to drop to $ 14.74 or more in 90 days from now is near 1 (This APA Corporation probability density function shows the probability of APA Stock to fall within a particular range of prices over 90 days) . Probability of APA Corporation price to stay between $ 14.74 and its current price of $21.84 at the end of the 90-day period is about 17.2 .
Considering the 90-day investment horizon APA has a beta of 0.11. This suggests as returns on the market go up, APA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding APA Corporation will be expected to be much smaller as well. Additionally APA Corporation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. APA Price Density |
| Price |
Predictive Modules for APA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as APA Corporation. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.APA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. APA is not an exception. The market had few large corrections towards the APA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold APA Corporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of APA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 1.66 | |
Ir | Information ratio | -0.08 |
APA Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of APA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for APA Corporation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| APA Corporation generated a negative expected return over the last 90 days | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| On 22nd of November 2024 APA paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from fool.com.au: 2 ASX dividend shares Id buy to pay for my bills |
APA Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of APA Stock often depends not only on the future outlook of the current and potential APA's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. APA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 309 M | |
| Cash And Short Term Investments | 87 M |
APA Technical Analysis
APA's future price can be derived by breaking down and analyzing its technical indicators over time. APA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of APA Corporation. In general, you should focus on analyzing APA Stock price patterns and their correlations with different microeconomic environments and drivers.
APA Predictive Forecast Models
APA's time-series forecasting models is one of many APA's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary APA's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about APA Corporation
Checking the ongoing alerts about APA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for APA Corporation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| APA Corporation generated a negative expected return over the last 90 days | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| On 22nd of November 2024 APA paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from fool.com.au: 2 ASX dividend shares Id buy to pay for my bills |
Check out APA Backtesting, APA Valuation, APA Correlation, APA Hype Analysis, APA Volatility, APA History as well as APA Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Oil & Gas Exploration & Production space 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 APA. If investors know APA 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 APA 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 0.186 | Dividend Share 1 | Earnings Share 7.04 | Revenue Per Share 26.553 | Quarterly Revenue Growth 0.104 |
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA'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 APA's market value can be influenced by many factors that don't directly affect APA'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 APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA'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.