Apollo Global Management Preferred Stock Market Value
| APO-PA Preferred Stock | USD 89.98 0.60 0.67% |
| 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 preferred 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.
| 09/22/2024 |
| 12/21/2024 |
If you would invest 0.00 in Apollo Global on September 22, 2024 and sell it all today you would earn a total of 0.00 from holding Apollo Global Management or generate 0.0% return on investment in Apollo Global over 90 days. Apollo Global is related to or competes with Prospect Capital, State Street, OFS Credit, OFS Credit, Great Elm, Atlas Corp, and Atlas Corp. Apollo Global Management, LLC is a publicly owned investment manager 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 preferred 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 Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.2175 | |||
| Maximum Drawdown | 13.81 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 4.01 |
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 | 0.1907 | |||
| Jensen Alpha | 0.4348 | |||
| Total Risk Alpha | 0.4169 | |||
| Sortino Ratio | 0.2774 | |||
| Treynor Ratio | 0.2609 |
Apollo Global Management Backtested Returns
Apollo Global appears to be very steady, given 3 months investment horizon. Apollo Global Management secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Apollo Global Management, which you can use to evaluate the volatility of the firm. Please makes use of Apollo Global's Risk Adjusted Performance of 0.1907, downside deviation of 1.63, and Mean Deviation of 1.43 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Apollo Global holds a performance score of 17. The firm shows a Beta (market volatility) of 1.82, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Apollo Global will likely underperform. Please check Apollo Global's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Apollo Global's price patterns will revert.
Auto-correlation | 0.86 |
Very good predictability
Apollo Global Management has very good predictability. Overlapping area represents the amount of predictability between Apollo Global time series from 22nd of September 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Management price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Apollo Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 8.03 |
Apollo Global Management lagged returns against current returns
Autocorrelation, which is Apollo Global preferred 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 preferred 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 preferred 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 preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apollo Global preferred 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 preferred 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 preferred 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 preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Apollo Global Management.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Preferred Stock
Apollo Global financial ratios help investors to determine whether Apollo Preferred 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.