Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Apple Inc is 'Buy'
For the selected time horizon Apple Inc has a risk adjusted performance of 0.1683, jensen alpha of 0.4721, total risk alpha of 0.1484, sortino ratio of 1.62 and treynor ratio of 1.21
Macroaxis provides buy, hold, or sell suggestion on Apple Inc to complement and cross-verify current analyst consensus
on Apple Inc. Our buy, hold, or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Apple is not overpriced, please confirm all Apple Inc fundamentals including its Price to Earning
, Cash per Share
, Price to Earnings To Growth
, as well as the relationship
between Gross Profit
and Book Value Per Share
. Given that Apple Inc
has Price to Earning
times, we suggest you validate Apple Inc market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Returns Distribution Density
|Mean Return||0.53||Value At Risk||-0.2302|
|Potential Upside||1.2898||Standard Deviation||1.3331|
Apple Volatility Alert
Apple Inc exhibits ver low volatility with skewness of 3.82 and kurtosis of 16.33. However, we advise investors to further study Apple Inc technical indicators to make sure all market info is available and is reliable.