Apollo Medical (Germany) Market Value
| 3AM Stock | EUR 39.80 1.20 3.11% |
| Symbol | Apollo |
Apollo Medical '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 Medical'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 Medical.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Apollo Medical on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Apollo Medical Holdings or generate 0.0% return on investment in Apollo Medical over 30 days. Apollo Medical is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. More
Apollo Medical 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 Medical'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 Medical Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0289 | |||
| Maximum Drawdown | 11.6 | |||
| Potential Upside | 1.05 |
Apollo Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Apollo Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apollo Medical's standard deviation. In reality, there are many statistical measures that can use Apollo Medical historical prices to predict the future Apollo Medical's volatility.| Risk Adjusted Performance | 0.101 | |||
| Jensen Alpha | 0.1625 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (5.46) |
Apollo Medical Holdings Backtested Returns
At this point, Apollo Medical is very steady. Apollo Medical Holdings secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Apollo Medical Holdings, which you can use to evaluate the volatility of the firm. Please confirm Apollo Medical's Risk Adjusted Performance of 0.101, standard deviation of 1.34, and Mean Deviation of 0.4747 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Apollo Medical has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0291, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Apollo Medical are expected to decrease at a much lower rate. During the bear market, Apollo Medical is likely to outperform the market. Apollo Medical Holdings right now shows a risk of 1.36%. Please confirm Apollo Medical Holdings jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Apollo Medical Holdings will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Apollo Medical Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Apollo Medical time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 Medical Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Apollo Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 1.99 |
Apollo Medical Holdings lagged returns against current returns
Autocorrelation, which is Apollo Medical 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 Medical's stock expected returns. We can calculate the autocorrelation of Apollo Medical returns to help us make a trade decision. For example, suppose you find that Apollo Medical 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 Medical 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 Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apollo Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apollo Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Apollo Medical Lagged Returns
When evaluating Apollo Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apollo Medical stock have on its future price. Apollo Medical 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 Medical autocorrelation shows the relationship between Apollo Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Apollo Medical Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Apollo Stock
Apollo Medical 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 Medical security.