Air Products And Stock Today
| APD Stock | USD 234.68 0.97 0.42% |
Performance0 of 100
| Odds Of DistressLess than 6
|
Air Products is trading at 234.68 as of the 25th of April 2024, a 0.42% increase since the beginning of the trading day. The stock's lowest day price was 231.75. Air Products has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Air Products and are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania. The company has 222.3 M outstanding shares of which 2.3 M shares are presently shorted by investors with about 1.39 days to cover. More on Air Products and
Air 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. Air Products' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Air Products or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Douglas Ford |
| Thematic Ideas | Showing 3 out of 4 themes |
| Old Names | [APN Property Group Limited, Air Products & Chemicals Inc] |
| Business Concentration | Industrial Gases, Specialty Chemicals, Basic Materials, NYSE Composite, SP 500 Index, Synthetics, Chemicals Makers, Manufacturing, Chemicals, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) |
| Financial Strength Based on the key indicators related to Air Products' liquidity, profitability, solvency, and operating efficiency, Air Products and is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Air Products is based on its profitability, leverage, liquidity, source of funds, and operating efficiency. | |
Air Products and (APD) is traded on New York Stock Exchange in USA. It is located in 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500 and employs 23,000 people. Air Products is listed under Industrial Gases category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 51.95 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Air Products's market, we take the total number of its shares issued and multiply it by Air Products'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. Air Products runs under Chemicals sector within Materials industry. The entity has 222.3 M outstanding shares of which 2.3 M shares are presently shorted by investors with about 1.39 days to cover.
Air Products and has about 1.62 B in cash with 3.21 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.05.
Check Air Products Probability Of Bankruptcy
Ownership AllocationAir Products retains a total of 222.3 Million outstanding shares. The majority of Air Products and outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Air Products to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Air Products. Please pay attention to any change in the institutional holdings of Air Products and as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Air Ownership Details
Air Stock Price Odds Analysis
What are Air Products' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Air Products jumping above the current price in 90 days from now is about 52.93%. The Air Products and probability density function shows the probability of Air Products stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3273. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Air Products will likely underperform. Additionally, air Products and has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Air Products to move above the current price in 90 days from now is about 52.93 (This Air Products and probability density function shows the probability of Air Stock to fall within a particular range of prices over 90 days) .
Air Products Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Air Products market risk premium is the additional return an investor will receive from holding Air Products 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 Air Products. 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 Air Products' alpha and beta are two of the key measurements used to evaluate Air Products' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.11) |
Air Stock Against Markets
Picking the right benchmark for Air Products 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 Air Products 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 Air Products is critical whether you are bullish or bearish towards Air Products and at a given time. Please also check how Air Products' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Air Products without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Correlation Analysis Now
Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated |
| All Next | Launch Module |
Air Products Corporate Directors
Air Products corporate directors refer to members of an Air Products board of directors. The board of directors generally takes responsibility for the Air Products' 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 Air Products' board members must vote for the resolution. The Air Products board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Chad Deaton | Independent Director | Profile | |
| Charles Cogut | Independent Director | Profile | |
| HingYuen Ho | Independent Director | Profile | |
| Chadwick Deaton | Lead Independent Director | Profile |
How to buy Air Stock?
Before investing in Air Products, 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 Air Products. To buy Air Products stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Air Products. 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 Air Products stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Air Products and 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 Air Products and 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 Air Products and, 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. For more information on how to buy Air Stock please use our How to Invest in Air Products guide.
Already Invested in Air Products and?
The danger of trading Air Products and 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 Air Products 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 Air Products. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Air Products 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 Air Products is a strong investment it is important to analyze Air Products' 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 Air Products' future performance. For an informed investment choice regarding Air Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products and. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Air Stock analysis
When running Air Products' price analysis, check to measure Air Products' 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 Air Products is operating at the current time. Most of Air Products' value examination focuses on studying past and present price action to predict the probability of Air Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Products' price. Additionally, you may evaluate how the addition of Air Products to your portfolios can decrease your overall portfolio volatility.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
Is Air Products' 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 Air Products. If investors know Air 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 Air Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Air Products is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' 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 Air Products' market value can be influenced by many factors that don't directly affect Air Products' 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 Air Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Products' 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.