APL Apollo (India) Market Value
| APLAPOLLO | 1,433 21.40 1.52% |
| Symbol | APL |
APL Apollo '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 APL Apollo'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 APL Apollo.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in APL Apollo on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding APL Apollo Tubes or generate 0.0% return on investment in APL Apollo over 90 days. APL Apollo is related to or competes with Uniinfo Telecom, Ortel Communications, Kohinoor Foods, Hindustan Foods, Shyam Telecom, and Indian Card. APL Apollo is entity of India. It is traded as Stock on NSE exchange. More
APL Apollo 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 APL Apollo'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 APL Apollo Tubes upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.13 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 3.16 |
APL Apollo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for APL Apollo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as APL Apollo's standard deviation. In reality, there are many statistical measures that can use APL Apollo historical prices to predict the future APL Apollo's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | 0.0387 | |||
| Treynor Ratio | 1.38 |
APL Apollo Tubes Backtested Returns
APL Apollo Tubes secures Sharpe Ratio (or Efficiency) of -0.0581, which signifies that the company had a -0.0581 % return per unit of return volatility over the last 3 months. APL Apollo Tubes exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm APL Apollo's Coefficient Of Variation of (1,219), mean deviation of 1.73, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning APL Apollo are expected to decrease at a much lower rate. During the bear market, APL Apollo is likely to outperform the market. At this point, APL Apollo Tubes has a negative expected return of -0.14%. Please make sure to confirm APL Apollo's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if APL Apollo Tubes performance from the past will be repeated in the future.
Auto-correlation | -0.39 |
Poor reverse predictability
APL Apollo Tubes has poor reverse predictability. Overlapping area represents the amount of predictability between APL Apollo time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of APL Apollo Tubes price movement. The serial correlation of -0.39 indicates that just about 39.0% of current APL Apollo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 2217.24 |
APL Apollo Tubes lagged returns against current returns
Autocorrelation, which is APL Apollo 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 APL Apollo's stock expected returns. We can calculate the autocorrelation of APL Apollo returns to help us make a trade decision. For example, suppose you find that APL Apollo 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 |
APL Apollo 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 APL Apollo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if APL Apollo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in APL Apollo stock over time.
Current vs Lagged Prices |
| Timeline |
APL Apollo Lagged Returns
When evaluating APL Apollo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of APL Apollo stock have on its future price. APL Apollo 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, APL Apollo autocorrelation shows the relationship between APL Apollo stock current value and its past values and can show if there is a momentum factor associated with investing in APL Apollo Tubes.
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 APL Stock
APL Apollo financial ratios help investors to determine whether APL 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 APL with respect to the benefits of owning APL Apollo security.