Apa Corporation Stock Technical Analysis
APA Stock | USD 32.36 0.18 0.56% |
As of the 20th of April, APA owns the market risk adjusted performance of 0.0945, and Coefficient Of Variation of 1790.58. APA Corporation technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for APA, which can be compared to its peers in the sector. Please confirm APA Corporation mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if APA Corporation is priced correctly, providing market reflects its prevailing price of 32.36 per share. Given that APA Corporation has jensen alpha of 0.0102, we suggest you to validate APA's latest market performance to make sure the company can sustain itself in the future.
APA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as APA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to APAAPA |
APA Analyst Consensus
Target Price | Advice | # of Analysts | |
50.3 | Buy | 28 | Odds |
Most APA analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand APA stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of APA Corporation, talking to its executives and customers, or listening to APA conference calls.
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.
APA Corporation Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of APA Corporation volatility. High ATR values indicate high volatility, and low values indicate low volatility.
APA Corporation Trend Analysis
Use this graph to draw trend lines for APA Corporation. You can use it to identify possible trend reversals for APA as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual APA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.APA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for APA Corporation applied against its price change over selected period. The best fit line has a slop of 0.07 , which may imply that APA Corporation will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 182.81, which is the sum of squared deviations for the predicted APA price change compared to its average price change.About APA Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of APA Corporation on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of APA Corporation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on APA Corporation price pattern first instead of the macroeconomic environment surrounding APA Corporation. By analyzing APA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of APA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to APA specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.009745 | 0.0141 | 0.0279 | 0.0293 | Price To Sales Ratio | 1.26 | 1.4 | 1.33 | 2.65 |
APA April 20, 2024 Technical Indicators
Most technical analysis of APA help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for APA from various momentum indicators to cycle indicators. When you analyze APA charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0409 | |||
Market Risk Adjusted Performance | 0.0945 | |||
Mean Deviation | 1.47 | |||
Semi Deviation | 1.79 | |||
Downside Deviation | 1.88 | |||
Coefficient Of Variation | 1790.58 | |||
Standard Deviation | 1.86 | |||
Variance | 3.45 | |||
Information Ratio | 0.0099 | |||
Jensen Alpha | 0.0102 | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | 0.0098 | |||
Treynor Ratio | 0.0845 | |||
Maximum Drawdown | 9.81 | |||
Value At Risk | (2.79) | |||
Potential Upside | 3.05 | |||
Downside Variance | 3.52 | |||
Semi Variance | 3.2 | |||
Expected Short fall | (1.53) | |||
Skewness | (0.11) | |||
Kurtosis | 0.1973 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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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Is APA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of APA. If investors know APA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about APA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.272 | Dividend Share 1 | Earnings Share 9.25 | Revenue Per Share 26.276 | Quarterly Revenue Growth (0.15) |
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because APA's market value can be influenced by many factors that don't directly affect APA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA'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.