Apogee Enterprises Stock Probability of Future Stock Price Finishing Under 78.73
| APOG Stock | USD 72.32 0.83 1.13% |
Apogee |
Apogee Enterprises Target Price Odds to finish below 78.73
The tendency of Apogee 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 stay under $ 78.73 after 90 days |
| 72.32 | 90 days | 78.73 | about 55.13 |
Based on a normal probability distribution, the odds of Apogee Enterprises to stay under $ 78.73 after 90 days from now is about 55.13 (This Apogee Enterprises probability density function shows the probability of Apogee Stock to fall within a particular range of prices over 90 days) . Probability of Apogee Enterprises price to stay between its current price of $ 72.32 and $ 78.73 at the end of the 90-day period is about 41.16 .
Given the investment horizon of 90 days Apogee Enterprises has a beta of 0.0503. This suggests as returns on the market go up, Apogee Enterprises average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Apogee Enterprises will be expected to be much smaller as well. Additionally Apogee Enterprises has an alpha of 0.1826, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Apogee Enterprises Price Density |
| Price |
Predictive Modules for Apogee Enterprises
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Apogee Enterprises. 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.Apogee Enterprises Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Apogee Enterprises is not an exception. The market had few large corrections towards the Apogee Enterprises' 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 Apogee Enterprises, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Apogee Enterprises within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 5.31 | |
Ir | Information ratio | 0.04 |
Apogee Enterprises 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 Apogee Enterprises for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Apogee Enterprises can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Apogee Enterprises had very high historical volatility over the last 90 days | |
| Apogee Enterprises has a poor financial position based on the latest SEC disclosures | |
| Over 96.0% of the company shares are held by institutions such as insurance companies | |
| On 6th of November 2024 Apogee Enterprises paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from zacks.com: 1 Stock to Watch 1 to Avoid in a Challenging Glass Products Industry |
Apogee Enterprises 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 Apogee Stock often depends not only on the future outlook of the current and potential Apogee Enterprises' 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. Apogee Enterprises' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.1 M | |
| Cash And Short Term Investments | 41.3 M |
Apogee Enterprises Technical Analysis
Apogee Enterprises' future price can be derived by breaking down and analyzing its technical indicators over time. Apogee Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Apogee Enterprises. In general, you should focus on analyzing Apogee Stock price patterns and their correlations with different microeconomic environments and drivers.
Apogee Enterprises Predictive Forecast Models
Apogee Enterprises' time-series forecasting models is one of many Apogee Enterprises' 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 Apogee Enterprises' 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 Apogee Enterprises
Checking the ongoing alerts about Apogee Enterprises for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Apogee Enterprises help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Apogee Enterprises had very high historical volatility over the last 90 days | |
| Apogee Enterprises has a poor financial position based on the latest SEC disclosures | |
| Over 96.0% of the company shares are held by institutions such as insurance companies | |
| On 6th of November 2024 Apogee Enterprises paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from zacks.com: 1 Stock to Watch 1 to Avoid in a Challenging Glass Products Industry |
Check out Apogee Enterprises Backtesting, Apogee Enterprises Valuation, Apogee Enterprises Correlation, Apogee Enterprises Hype Analysis, Apogee Enterprises Volatility, Apogee Enterprises History as well as Apogee Enterprises Performance. For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Building Products 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 Apogee Enterprises. If investors know Apogee 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 Apogee Enterprises 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 (0.08) | Dividend Share 0.99 | Earnings Share 4.74 | Revenue Per Share 62.921 | Quarterly Revenue Growth (0.03) |
The market value of Apogee Enterprises is measured differently than its book value, which is the value of Apogee that is recorded on the company's balance sheet. Investors also form their own opinion of Apogee Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Apogee Enterprises' 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 Apogee Enterprises' market value can be influenced by many factors that don't directly affect Apogee Enterprises' 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 Apogee Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Apogee Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apogee Enterprises' 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.