Aptiv Plc Stock Market Value
| APTV Stock | USD 57.13 2.75 5.06% |
| Symbol | Aptiv |
Aptiv PLC Price To Book Ratio
Is Automotive Parts & Equipment 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 Aptiv PLC. If investors know Aptiv 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 Aptiv PLC 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 (0.74) | Earnings Share 8.98 | Revenue Per Share 73.625 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0535 |
The market value of Aptiv PLC is measured differently than its book value, which is the value of Aptiv that is recorded on the company's balance sheet. Investors also form their own opinion of Aptiv PLC's value that differs from its market value or its book value, called intrinsic value, which is Aptiv PLC'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 Aptiv PLC's market value can be influenced by many factors that don't directly affect Aptiv PLC'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 Aptiv PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptiv PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptiv PLC'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.
Aptiv PLC '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 Aptiv PLC'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 Aptiv PLC.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Aptiv PLC on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Aptiv PLC or generate 0.0% return on investment in Aptiv PLC over 30 days. Aptiv PLC is related to or competes with LKQ, and Commercial Vehicle. Aptiv PLC designs, manufacturers, and sells vehicle components worldwide More
Aptiv PLC 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 Aptiv PLC'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 Aptiv PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 20.85 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 2.67 |
Aptiv PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aptiv PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aptiv PLC's standard deviation. In reality, there are many statistical measures that can use Aptiv PLC historical prices to predict the future Aptiv PLC's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aptiv PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aptiv PLC Backtested Returns
Aptiv PLC secures Sharpe Ratio (or Efficiency) of -0.0936, which signifies that the company had a -0.0936% return per unit of risk over the last 3 months. Aptiv PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aptiv PLC's Risk Adjusted Performance of (0.08), mean deviation of 1.73, and Standard Deviation of 2.84 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.25, 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, Aptiv PLC will likely underperform. At this point, Aptiv PLC has a negative expected return of -0.28%. Please make sure to confirm Aptiv PLC's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Aptiv PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.68 |
Good predictability
Aptiv PLC has good predictability. Overlapping area represents the amount of predictability between Aptiv PLC time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Aptiv PLC price movement. The serial correlation of 0.68 indicates that around 68.0% of current Aptiv PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 2.86 |
Aptiv PLC lagged returns against current returns
Autocorrelation, which is Aptiv PLC 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 Aptiv PLC's stock expected returns. We can calculate the autocorrelation of Aptiv PLC returns to help us make a trade decision. For example, suppose you find that Aptiv PLC 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 |
Aptiv PLC 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 Aptiv PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aptiv PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aptiv PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Aptiv PLC Lagged Returns
When evaluating Aptiv PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aptiv PLC stock have on its future price. Aptiv PLC 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, Aptiv PLC autocorrelation shows the relationship between Aptiv PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Aptiv PLC.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Aptiv Stock Analysis
When running Aptiv PLC's price analysis, check to measure Aptiv PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aptiv PLC is operating at the current time. Most of Aptiv PLC's value examination focuses on studying past and present price action to predict the probability of Aptiv PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aptiv PLC's price. Additionally, you may evaluate how the addition of Aptiv PLC to your portfolios can decrease your overall portfolio volatility.