Apollo Global (Philippines) Market Value
| APL Stock | 0 0.0001 2.38% |
| Symbol | Apollo |
Apollo Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Apollo Global's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Apollo Global.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Apollo Global on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Apollo Global Capital or generate 0.0% return on investment in Apollo Global over 30 days. Apollo Global is related to or competes with Robinsons Retail, Metro Retail, Philex Mining, and Integrated Micro. More
Apollo Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Apollo Global's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Apollo Global Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 13.05 | |||
| Value At Risk | (5.36) | |||
| Potential Upside | 4.41 |
Apollo Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Apollo Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apollo Global's standard deviation. In reality, there are many statistical measures that can use Apollo Global historical prices to predict the future Apollo Global's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.79) | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | 4.75 |
Apollo Global Capital Backtested Returns
Apollo Global Capital secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the company had a -0.25% return per unit of risk over the last 3 months. Apollo Global Capital exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Apollo Global's Standard Deviation of 2.85, risk adjusted performance of (0.21), and Mean Deviation of 2.14 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Apollo Global are expected to decrease at a much lower rate. During the bear market, Apollo Global is likely to outperform the market. At this point, Apollo Global Capital has a negative expected return of -0.69%. Please make sure to confirm Apollo Global's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Apollo Global Capital performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
Apollo Global Capital has below average predictability. Overlapping area represents the amount of predictability between Apollo Global time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Apollo Global Capital price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Apollo Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Apollo Global Capital lagged returns against current returns
Autocorrelation, which is Apollo Global stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Apollo Global's stock expected returns. We can calculate the autocorrelation of Apollo Global returns to help us make a trade decision. For example, suppose you find that Apollo Global has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Apollo Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Apollo Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apollo Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apollo Global stock over time.
Current vs Lagged Prices |
| Timeline |
Apollo Global Lagged Returns
When evaluating Apollo Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apollo Global stock have on its future price. Apollo Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Apollo Global autocorrelation shows the relationship between Apollo Global stock current value and its past values and can show if there is a momentum factor associated with investing in Apollo Global Capital.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Apollo Stock
Apollo Global financial ratios help investors to determine whether Apollo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Apollo with respect to the benefits of owning Apollo Global security.