APA (Brazil) Price on April 15, 2024
A1PA34 Stock | BRL 124.54 2.73 2.15% |
If you're considering investing in APA Stock, it is important to understand the factors that can impact its price. As of today, the current price of APA stands at 124.54, as last reported on the 22nd of December, with the highest price reaching 124.54 and the lowest price hitting 124.54 during the day. APA Corporation retains Efficiency (Sharpe Ratio) of -0.0281, which signifies that the company had a -0.0281% return per unit of risk over the last 3 months. APA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm APA's variance of 5.81, and Market Risk Adjusted Performance of 0.2034 to double-check the risk estimate we provide.
APA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
APA |
Sharpe Ratio = -0.0281
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | A1PA34 |
Estimated Market Risk
2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average APA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of APA by adding APA to a well-diversified portfolio.
APA Valuation on April 15, 2024
It is possible to determine the worth of APA on a given historical date. On April 15, 2024 APA was worth 174.75 at the beginning of the trading date compared to the closed value of 174.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of APA stock. Still, in general, we apply an absolute valuation method to find APA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of APA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against APA's related companies.
Open | High | Low | Close | Volume | |
174.75 | 174.75 | 174.75 | 174.75 | 1.00 | |
04/15/2024 | 174.75 | 174.75 | 174.75 | 174.75 | 1.00 |
174.75 | 174.75 | 174.75 | 174.75 | 1.00 |
Backtest APA | | | APA History | | | APA Valuation | Previous | Next |
APA Trading Date Momentum on April 15, 2024
On April 16 2024 APA Corporation was traded for 174.75 at the closing time. The highest price during the trading period was 174.75 and the lowest recorded bid was listed for 174.75 . There was no trading activity during the period 1.0. Lack of trading volume on April 16, 2024 did not affect price variability. The overall trading delta to the current price is 3.23% . |
APA Corporation Fundamentals Correlations and Trends
By evaluating APA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among APA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. APA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About APA Stock history
APA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for APA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in APA Corporation will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing APA stock prices may prove useful in developing a viable investing in APA
APA Corporation, through its subsidiaries, explores for and produces oil and gas properties. The company was founded in 1954 and is based in Houston, Texas. APA CORP operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 2272 people.
APA Stock Technical Analysis
APA 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.
Price Boundaries
APA Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
APA Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
APA December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how APA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading APA shares will generate the highest return on investment. By undertsting and applying APA stock market strength indicators, traders can identify APA Corporation entry and exit signals to maximize returns
APA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for APA's price direction in advance. Along with the technical and fundamental analysis of APA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of APA to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | 0.1934 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for APA Stock analysis
When running APA's price analysis, check to measure APA'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 APA is operating at the current time. Most of APA's value examination focuses on studying past and present price action to predict the probability of APA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move APA's price. Additionally, you may evaluate how the addition of APA to your portfolios can decrease your overall portfolio volatility.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |