Apollo Global Management Stock Market Value
| APO Stock | USD 174.70 7.14 4.26% |
| Symbol | Apollo |
Is Asset Management & Custody Banks 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 Apollo Global. If investors know Apollo 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 Apollo Global 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 0.174 | Dividend Share 1.818 | Earnings Share 9.47 | Revenue Per Share 54.036 | Quarterly Revenue Growth 2.851 |
The market value of Apollo Global Management is measured differently than its book value, which is the value of Apollo that is recorded on the company's balance sheet. Investors also form their own opinion of Apollo Global's value that differs from its market value or its book value, called intrinsic value, which is Apollo Global's 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 Apollo Global's market value can be influenced by many factors that don't directly affect Apollo Global's 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 Apollo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apollo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apollo Global's 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.
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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Apollo Global on October 26, 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 30 days. Apollo Global is related to or competes with PowerUp Acquisition, Aurora Innovation, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, and Thrivent High. Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity and real e... 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 Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.2586 | |||
| Maximum Drawdown | 12.83 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 3.46 |
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 | 0.2514 | |||
| Jensen Alpha | 0.4487 | |||
| Total Risk Alpha | 0.3386 | |||
| Sortino Ratio | 0.4064 | |||
| Treynor Ratio | 0.3574 |
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 0.32, which signifies that the company had a 0.32% return per unit of risk over the last 3 months. By analyzing Apollo Global's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please makes use of Apollo Global's Downside Deviation of 1.37, risk adjusted performance of 0.2514, and Mean Deviation of 1.52 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 25. The firm shows a Beta (market volatility) of 1.9, 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 semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Apollo Global's price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
Apollo Global Management has modest predictability. Overlapping area represents the amount of predictability between Apollo Global time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Global Management price movement. The serial correlation of 0.55 indicates that about 55.0% of current Apollo Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 10.96 |
Apollo Global Management 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 Management.
Regressed Prices |
| Timeline |
Pair Trading with Apollo Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apollo Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apollo Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Apollo Stock
| 0.78 | V | Visa Class A | PairCorr |
| 0.66 | DHIL | Diamond Hill Investment | PairCorr |
| 0.89 | DIST | Distoken Acquisition | PairCorr |
| 0.84 | AB | AllianceBernstein | PairCorr |
| 0.87 | AC | Associated Capital | PairCorr |
Moving against Apollo Stock
The ability to find closely correlated positions to Apollo Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apollo Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apollo Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apollo Global Management to buy it.
The correlation of Apollo Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apollo Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apollo Global Management moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apollo Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Apollo Global Correlation, Apollo Global Volatility and Apollo Global Alpha and Beta module to complement your research on Apollo Global. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Apollo Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.