Apa Group Stock Chance of Future Pink Sheet Price Finishing Over 4.92
| APAJF Stock | USD 4.73 0.17 3.73% |
APA |
APA Target Price Odds to finish over 4.92
The tendency of APA Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 4.92 or more in 90 days |
| 4.73 | 90 days | 4.92 | about 24.91 |
Based on a normal probability distribution, the odds of APA to move over $ 4.92 or more in 90 days from now is about 24.91 (This APA Group probability density function shows the probability of APA Pink Sheet to fall within a particular range of prices over 90 days) . Probability of APA Group price to stay between its current price of $ 4.73 and $ 4.92 at the end of the 90-day period is about 22.52 .
Assuming the 90 days horizon APA Group has a beta of -1.89. This suggests as returns on its benchmark rise, returns on holding APA Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, APA is expected to outperform its benchmark. Additionally APA Group has an alpha of 0.2612, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). APA Price Density |
| Price |
Predictive Modules for APA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as APA Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.APA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. APA is not an exception. The market had few large corrections towards the APA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold APA Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of APA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | -1.89 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.0063 |
APA Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of APA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for APA Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| APA Group had very high historical volatility over the last 90 days |
APA Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of APA Pink Sheet often depends not only on the future outlook of the current and potential APA's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. APA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
APA Technical Analysis
APA's future price can be derived by breaking down and analyzing its technical indicators over time. APA Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of APA Group. In general, you should focus on analyzing APA Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
APA Predictive Forecast Models
APA's time-series forecasting models is one of many APA's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary APA's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about APA Group
Checking the ongoing alerts about APA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for APA Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| APA Group had very high historical volatility over the last 90 days |
Other Information on Investing in APA Pink Sheet
APA financial ratios help investors to determine whether APA Pink Sheet 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 APA with respect to the benefits of owning APA security.