APA (Brazil) Price on July 5, 2023
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-two 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
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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 July 5, 2023
It is possible to determine the worth of APA on a given historical date. On July 5, 2023 APA was worth 158.63 at the beginning of the trading date compared to the closed value of 158.82. 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 | |
159.28 | 159.28 | 159.28 | 159.28 | 1.00 | |
07/05/2023 | 158.63 | 158.82 | 158.63 | 158.82 | 586.00 |
165.73 | 165.73 | 165.73 | 165.73 | 1.00 |
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APA Trading Date Momentum on July 5, 2023
On July 06 2023 APA Corporation was traded for 165.73 at the closing time. The highest price during the trading period was 165.73 and the lowest recorded bid was listed for 165.73 . There was no trading activity during the period 1.0. Lack of trading volume on July 6, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 4.35% . The overall trading delta to the current price is 10.69% . |
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 |
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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.
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