Apple Inc Stock Short Ratio
| AAPL Stock | USD 183.36 10.33 5.97% |
Apple Inc fundamentals help investors to digest information that contributes to Apple's financial success or failures. It also enables traders to predict the movement of Apple Stock. The fundamental analysis module provides a way to measure Apple's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Apple stock.
Apple | Short Ratio |
Apple Inc Company Short Ratio Analysis
Apple's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Apple Short Ratio | 1.58 X |
Most of Apple's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Apple Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Apple Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Apple is extremely important. It helps to project a fair market value of Apple Stock properly, considering its historical fundamentals such as Short Ratio. Since Apple's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Apple's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Apple's interrelated accounts and indicators.
Click cells to compare fundamentals
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Apple Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Apple Inc has a Short Ratio of 1.58 times. This is 67.42% lower than that of the Technology Hardware, Storage & Peripherals sector and 75.12% lower than that of the Information Technology industry. The short ratio for all United States stocks is 60.5% higher than that of the company.
Apple Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Apple's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Apple could also be used in its relative valuation, which is a method of valuing Apple by comparing valuation metrics of similar companies.Apple is currently under evaluation in short ratio category among related companies.
Apple ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Apple's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Apple's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Apple Institutional Holders
Institutional Holdings refers to the ownership stake in Apple that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Apple's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Apple's value.| Shares | Legal & General Group Plc | 2023-12-31 | 138.5 M | Jpmorgan Chase & Co | 2023-12-31 | 137.5 M | Bank Of New York Mellon Corp | 2023-12-31 | 118.8 M | Bank Of America Corp | 2023-12-31 | 112 M | Charles Schwab Investment Management Inc | 2023-12-31 | 85 M | Nuveen Asset Management, Llc | 2023-12-31 | 80 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 75.1 M | Royal Bank Of Canada | 2023-12-31 | 62.7 M | Wellington Management Company Llp | 2023-12-31 | 60.7 M | Vanguard Group Inc | 2023-12-31 | 1.3 B | Blackrock Inc | 2023-12-31 | 1 B |
Apple Fundamentals
| Return On Equity | 1.47 | ||||
| Return On Asset | 0.22 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.31 % | ||||
| Current Valuation | 2.85 T | ||||
| Shares Outstanding | 15.33 B | ||||
| Shares Owned By Insiders | 5.97 % | ||||
| Shares Owned By Institutions | 57.11 % | ||||
| Number Of Shares Shorted | 101.91 M | ||||
| Price To Earning | 24.24 X | ||||
| Price To Book | 37.90 X | ||||
| Price To Sales | 7.37 X | ||||
| Revenue | 383.29 B | ||||
| Gross Profit | 170.78 B | ||||
| EBITDA | 125.82 B | ||||
| Net Income | 97 B | ||||
| Cash And Equivalents | 29.96 B | ||||
| Cash Per Share | 3.04 X | ||||
| Total Debt | 111.09 B | ||||
| Debt To Equity | 2.61 % | ||||
| Current Ratio | 0.88 X | ||||
| Book Value Per Share | 4.84 X | ||||
| Cash Flow From Operations | 110.54 B | ||||
| Short Ratio | 1.58 X | ||||
| Earnings Per Share | 6.44 X | ||||
| Price To Earnings To Growth | 2.28 X | ||||
| Target Price | 198.9 | ||||
| Number Of Employees | 161 K | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 2.81 T | ||||
| Total Asset | 352.58 B | ||||
| Retained Earnings | (214 M) | ||||
| Working Capital | (1.74 B) | ||||
| Current Asset | 106.87 B | ||||
| Current Liabilities | 79.01 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.00 % | ||||
| Net Asset | 352.58 B | ||||
| Last Dividend Paid | 0.96 |
About Apple Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Apple Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Apple using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Apple Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Apple Investors Sentiment
The influence of Apple's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Apple. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Apple's public news can be used to forecast risks associated with an investment in Apple. The trend in average sentiment can be used to explain how an investor holding Apple can time the market purely based on public headlines and social activities around Apple Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Apple's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Apple's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Apple's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Apple.
Apple Implied Volatility | 25.96 |
Apple's implied volatility exposes the market's sentiment of Apple Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Apple's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Apple stock will not fluctuate a lot when Apple's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Apple in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Apple's short interest history, or implied volatility extrapolated from Apple options trading.
Pair Trading with Apple
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apple position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apple will appreciate offsetting losses from the drop in the long position's value.Moving together with Apple Stock
| 0.75 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
Moving against Apple Stock
| 0.68 | NTNX | Nutanix Report 22nd of May 2024 | PairCorr |
| 0.64 | OKTA | Okta Inc Financial Report 29th of May 2024 | PairCorr |
| 0.5 | CLSK | CleanSpark Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Apple could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apple - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apple Inc to buy it.
The correlation of Apple is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apple moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apple Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apple can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Apple Piotroski F Score and Apple Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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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Is Apple'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 Apple. If investors know Apple 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 Apple 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 0.007 | Dividend Share 0.96 | Earnings Share 6.44 | Revenue Per Share 24.537 | Quarterly Revenue Growth (0.04) |
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple'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 Apple's market value can be influenced by many factors that don't directly affect Apple'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 Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple'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.