Apollo Strategic Price To Book vs. Shares Outstanding

APGBDelisted Stock  USD 10.40  0.00  0.00%   
Based on the measurements of profitability obtained from Apollo Strategic's financial statements, Apollo Strategic Growth may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Apollo Strategic's ability to earn profits and add value for shareholders.
For Apollo Strategic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Apollo Strategic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Apollo Strategic Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Apollo Strategic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Apollo Strategic Growth over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Please note, there is a significant difference between Apollo Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apollo Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apollo Strategic'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 Strategic Growth Shares Outstanding vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Apollo Strategic's current stock value. Our valuation model uses many indicators to compare Apollo Strategic value to that of its competitors to determine the firm's financial worth.
Apollo Strategic Growth is rated second in price to book category among its peers. It is rated third in shares outstanding category among its peers creating about  13,645,790  of Shares Outstanding per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Apollo Strategic's earnings, one of the primary drivers of an investment's value.

Apollo Shares Outstanding vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Apollo Strategic

P/B

 = 

MV Per Share

BV Per Share

 = 
1.31 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Apollo Strategic

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
17.91 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Apollo Shares Outstanding Comparison

Apollo Strategic is currently under evaluation in shares outstanding category among its peers.

Apollo Strategic Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Apollo Strategic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Apollo Strategic will eventually generate negative long term returns. The profitability progress is the general direction of Apollo Strategic's change in net profit over the period of time. It can combine multiple indicators of Apollo Strategic, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Apollo Strategic Growth Capital II does not have significant operations. Apollo Strategic Growth Capital II was incorporated in 2008 and is based in New York, New York. Apollo Strategic operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.

Apollo Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Apollo Strategic. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Apollo Strategic position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Apollo Strategic's important profitability drivers and their relationship over time.

Use Apollo Strategic in pair-trading

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 Strategic 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 Strategic will appreciate offsetting losses from the drop in the long position's value.

Apollo Strategic Pair Trading

Apollo Strategic Growth Pair Trading Analysis

The ability to find closely correlated positions to Apollo Strategic 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 Strategic 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 Strategic - 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 Strategic Growth to buy it.
The correlation of Apollo Strategic 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 Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apollo Strategic Growth 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 Strategic 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Apollo Strategic position

In addition to having Apollo Strategic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Airlines Thematic Idea Now

Airlines
Airlines Theme
Domestic and international airlines and airline services. The Airlines theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Airlines Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Other Consideration for investing in Apollo Stock

If you are still planning to invest in Apollo Strategic Growth check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Apollo Strategic's history and understand the potential risks before investing.
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