Apple Hospitality Reit Stock Price on May 15, 2024
| APLE Stock | USD 14.44 0.31 2.19% |
Below is the normalized historical share price chart for Apple Hospitality REIT extending back to May 18, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Apple Hospitality stands at 14.44, as last reported on the 2nd of June, with the highest price reaching 14.47 and the lowest price hitting 14.13 during the day.
If you're considering investing in Apple Stock, it is important to understand the factors that can impact its price. Apple Hospitality REIT secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Apple Hospitality REIT exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Apple Hospitality's Risk Adjusted Performance of (0.07), mean deviation of 0.9505, and Standard Deviation of 1.17 to double-check the risk estimate we provide.
At present, Apple Hospitality's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. . At present, Apple Hospitality's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 15.93, whereas Price Earnings Ratio is forecasted to decline to 20.39. Apple Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of May 2015 | 200 Day MA 15.8847 | 50 Day MA 15.2612 | Beta 1.119 |
Apple |
Sharpe Ratio = -0.1714
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| Negative Returns | APLE |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Apple Hospitality 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 Apple Hospitality by adding Apple Hospitality to a well-diversified portfolio.
Price Book 1.1534 | Enterprise Value Ebitda 12.3212 | Price Sales 2.853 | Shares Float 225.8 M | Dividend Share 0.96 |
Apple Hospitality Main Headline on 15th of May 2024
Apple Hospitality REIT dividend paid on 15th of May 2024 |
Apple Hospitality Valuation on May 15, 2024
It is possible to determine the worth of Apple Hospitality on a given historical date. On May 15, 2024 Apple was worth 14.99 at the beginning of the trading date compared to the closed value of 14.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Apple Hospitality stock. Still, in general, we apply an absolute valuation method to find Apple Hospitality'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 Apple Hospitality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Apple Hospitality's related companies.
| Open | High | Low | Close | Volume | |
| 15.04 | 15.08 | 14.71 | 14.71 | 4,115,323 | |
05/15/2024 | 14.99 | 15.00 | 14.58 | 14.58 | 3,207,956 |
| 14.67 | 14.76 | 14.60 | 14.64 | 2,636,033 |
| Backtest Apple Hospitality | | | Apple Hospitality History | | | Apple Hospitality Valuation | Previous | Next |
Apple Hospitality Trading Date Momentum on May 15, 2024
| On May 16 2024 Apple Hospitality REIT was traded for 14.64 at the closing time. The top price for the day was 14.76 and the lowest listed price was 14.60 . The trading volume for the day was 2.6 M. The trading history from May 16, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.41% . The overall trading delta against the current closing price is 0.00% . |
Apple Hospitality REIT Fundamentals Correlations and Trends
By evaluating Apple Hospitality'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 Apple Hospitality's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Apple financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Apple Hospitality Stock history
Apple Hospitality 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 Apple is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Apple Hospitality REIT 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 Apple Hospitality stock prices may prove useful in developing a viable investing in Apple Hospitality
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 229.3 M | 195.6 M | |
| Net Income Applicable To Common Shares | 130.3 M | 72 M |
Apple Hospitality Stock Technical Analysis
Apple Hospitality 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
Apple Hospitality Period Price Range
Low | May 15, 2024
| High |
14.99 | 14.58 |
Apple Hospitality June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Apple Hospitality stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Apple Hospitality shares will generate the highest return on investment. By undertsting and applying Apple Hospitality stock market strength indicators, traders can identify Apple Hospitality REIT entry and exit signals to maximize returns
| Accumulation Distribution | 89822.77 | |||
| Daily Balance Of Power | (0.98) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 14.79 | |||
| Day Typical Price | 14.72 | |||
| Price Action Indicator | (0.41) | |||
| Period Momentum Indicator | (0.14) | |||
| Relative Strength Index | 36.62 |
Apple Hospitality Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Apple Hospitality's price direction in advance. Along with the technical and fundamental analysis of Apple Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Apple 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 | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.14) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Hospitality REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Apple Stock analysis
When running Apple Hospitality's price analysis, check to measure Apple Hospitality'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 Hospitality is operating at the current time. Most of Apple Hospitality's value examination focuses on studying past and present price action to predict the probability of Apple Hospitality'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 Hospitality's price. Additionally, you may evaluate how the addition of Apple Hospitality to your portfolios can decrease your overall portfolio volatility.
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Is Apple Hospitality'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 Hospitality. 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 Hospitality 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 0.554 | Dividend Share 0.96 | Earnings Share 0.85 | Revenue Per Share 5.855 | Quarterly Revenue Growth 0.058 |
The market value of Apple Hospitality REIT 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 Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Apple Hospitality'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 Hospitality's market value can be influenced by many factors that don't directly affect Apple Hospitality'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 Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple Hospitality'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.