Apple (Chile) Today
Apple is selling at 169.02 as of the 18th of April 2024; that is No Change since the beginning of the trading day. The stock's open price was 169.02. Equity ratings for Apple Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Valuation
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Apple Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Apple's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Apple or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Timothy Cook |
| Business Concentration | Consumer Electronics, Technology (View all Sectors) |
Apple Inc (AAPL) is traded on Chilean Stock Exchange in Chile and employs 164,000 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 2.43 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Apple's market, we take the total number of its shares issued and multiply it by Apple's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Apple Inc operates under Technology sector and is part of Consumer Electronics industry. The entity has 15.82 B outstanding shares.
Apple Inc has accumulated about 61.7 B in cash with 122.15 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.73.
Check Apple Probability Of Bankruptcy
Apple Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Apple jumping above the current price in 90 days from now is about 89.07%. The Apple Inc probability density function shows the probability of Apple stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Apple Inc has a beta of -0.0972. This suggests as returns on the benchmark increase, returns on holding Apple are expected to decrease at a much lower rate. During a bear market, however, Apple Inc is likely to outperform the market. Additionally, apple Inc has an alpha of 0.0516, implying that it can generate a 0.0516 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Apple to move above the current price in 90 days from now is about 89.07 (This Apple Inc probability density function shows the probability of Apple Stock to fall within a particular range of prices over 90 days) .
Apple Inc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Apple market risk premium is the additional return an investor will receive from holding Apple long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Apple. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Apple's alpha and beta are two of the key measurements used to evaluate Apple's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.51 | |||
| Semi Deviation | 2.04 | |||
| Standard Deviation | 2.54 | |||
| Variance | 6.46 |
Apple Stock Against Markets
Picking the right benchmark for Apple stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Apple stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Apple is critical whether you are bullish or bearish towards Apple Inc at a given time. Please also check how Apple's historical prices are related to one of the top price index indicators.
Apple Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Apple stock to make a market-neutral strategy. Peer analysis of Apple could also be used in its relative valuation, which is a method of valuing Apple by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Apple Corporate Directors
Apple corporate directors refer to members of an Apple board of directors. The board of directors generally takes responsibility for the Apple's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Apple's board members must vote for the resolution. The Apple board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Andrea Jung | Independent Director | Profile | |
| AI Gore | Independent Director | Profile | |
| Ronald Sugar | Independent Director | Profile | |
| James Bell | Independent Director | Profile |
How to buy Apple Stock?
Before investing in Apple, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Apple. To buy Apple stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Apple. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Apple stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Apple Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Apple Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Apple Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Apple Inc?
The danger of trading Apple Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Apple is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Apple. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Apple Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Apple Inc is a strong investment it is important to analyze Apple's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Apple Stock analysis
When running Apple's price analysis, check to measure Apple'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 Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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