Apogee Enterprises Stock Forecast - Daily Balance Of Power

APOG Stock  USD 72.34  0.81  1.11%   
Apogee Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Apogee Enterprises' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Apogee Enterprises' Payables Turnover is most likely to increase slightly in the upcoming years. The Apogee Enterprises' current Receivables Turnover is estimated to increase to 7.05, while Inventory Turnover is projected to decrease to 15.03. . The current Common Stock Shares Outstanding is estimated to decrease to about 21.9 M. The current Net Income Applicable To Common Shares is estimated to decrease to about 39.9 M.
On October 7, 2024 Apogee Enterprises had Daily Balance Of Power of (0.72). Balance of Power indicator (or BOP) measures the strength of Apogee Enterprises market sensitivity to bulls and bears. It estimates the ability of Apogee Enterprises buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Apogee Enterprises Balance of Power indicator one can determine a trend of the price direction.
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Apogee Enterprises Trading Date Momentum

On October 08 2024 Apogee Enterprises was traded for  76.52  at the closing time. The top price for the day was 78.49  and the lowest listed price was  76.16 . The trading volume for the day was 266 K. The trading history from October 8, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.60% . The overall trading delta against the current closing price is 0.52% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Apogee Enterprises

For every potential investor in Apogee, whether a beginner or expert, Apogee Enterprises' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Apogee Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Apogee. Basic forecasting techniques help filter out the noise by identifying Apogee Enterprises' price trends.

Apogee Enterprises Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Apogee Enterprises stock to make a market-neutral strategy. Peer analysis of Apogee Enterprises could also be used in its relative valuation, which is a method of valuing Apogee Enterprises by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Apogee Enterprises Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Apogee Enterprises' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Apogee Enterprises' current price.

Apogee Enterprises Market Strength Events

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

Apogee Enterprises Risk Indicators

The analysis of Apogee Enterprises' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Apogee Enterprises' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting apogee stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether Apogee Enterprises is a strong investment it is important to analyze Apogee Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apogee Enterprises' future performance. For an informed investment choice regarding Apogee Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Apogee Enterprises to cross-verify your projections.
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.