Apogee Short Long Term Debt vs Short Term Debt Analysis

APOG Stock  USD 67.06  0.58  0.87%   
Apogee Enterprises financial indicator trend analysis is way more than just evaluating Apogee Enterprises prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apogee Enterprises is a good investment. Please check the relationship between Apogee Enterprises Short Long Term Debt and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apogee Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.

Short Long Term Debt vs Short Term Debt

Short Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apogee Enterprises Short Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Apogee Enterprises' Short Long Term Debt and Short Term Debt is 0.7. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Apogee Enterprises, assuming nothing else is changed. The correlation between historical values of Apogee Enterprises' Short Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Apogee Enterprises are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Long Term Debt i.e., Apogee Enterprises' Short Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Short Term Debt

Most indicators from Apogee Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apogee Enterprises current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apogee Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.At this time, Apogee Enterprises' Enterprise Value Multiple is most likely to drop in the upcoming years. The Apogee Enterprises' current Enterprise Value is estimated to increase to about 1.2 B, while Selling General Administrative is projected to decrease to roughly 136.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit274.2M335.3M392.5M412.2M
Total Revenue1.3B1.4B1.4B910.8M

Apogee Enterprises fundamental ratios Correlations

0.850.520.940.920.990.780.920.280.990.560.030.84-0.130.910.940.50.890.960.440.950.190.860.830.370.32
0.850.570.770.610.770.990.64-0.060.870.72-0.260.6-0.290.980.830.540.570.940.470.720.030.830.76-0.03-0.03
0.520.570.610.270.450.490.230.440.480.620.230.29-0.550.630.460.690.390.650.610.56-0.680.180.65-0.12-0.18
0.940.770.610.840.920.710.820.280.90.480.030.89-0.370.820.940.550.90.920.680.960.130.70.940.330.24
0.920.610.270.840.960.530.990.370.90.370.180.860.130.690.830.250.940.770.230.910.370.790.650.620.56
0.990.770.450.920.960.70.960.320.980.510.080.87-0.060.840.910.390.910.90.390.950.240.850.780.480.41
0.780.990.490.710.530.70.57-0.230.810.71-0.410.55-0.290.930.780.460.480.890.450.630.10.820.71-0.1-0.09
0.920.640.230.820.990.960.570.30.910.410.080.840.120.70.830.210.880.770.20.880.420.860.650.560.49
0.28-0.060.440.280.370.32-0.230.30.22-0.070.880.190.070.120.150.340.440.180.070.42-0.41-0.050.20.420.37
0.990.870.480.90.90.980.810.910.220.58-0.030.79-0.090.930.930.490.840.960.390.90.220.910.810.310.28
0.560.720.620.480.370.510.710.41-0.070.58-0.180.26-0.080.690.480.250.320.640.180.49-0.230.520.43-0.020.0
0.03-0.260.230.030.180.08-0.410.080.88-0.03-0.18-0.040.16-0.13-0.160.120.24-0.08-0.070.21-0.38-0.27-0.140.450.41
0.840.60.290.890.860.870.550.840.190.790.26-0.04-0.180.620.880.250.910.750.530.90.360.640.780.530.43
-0.13-0.29-0.55-0.370.13-0.06-0.290.120.07-0.09-0.080.16-0.18-0.24-0.23-0.45-0.01-0.3-0.86-0.180.30.06-0.520.330.45
0.910.980.630.820.690.840.930.70.120.930.69-0.130.62-0.240.860.640.660.980.450.79-0.010.840.80.040.05
0.940.830.460.940.830.910.780.830.150.930.48-0.160.88-0.230.860.510.840.930.560.90.290.820.920.280.24
0.50.540.690.550.250.390.460.210.340.490.250.120.25-0.450.640.510.410.640.50.46-0.330.30.66-0.28-0.23
0.890.570.390.90.940.910.480.880.440.840.320.240.91-0.010.660.840.410.770.410.960.250.630.730.610.56
0.960.940.650.920.770.90.890.770.180.960.64-0.080.75-0.30.980.930.640.770.550.890.040.830.890.150.12
0.440.470.610.680.230.390.450.20.070.390.18-0.070.53-0.860.450.560.50.410.550.53-0.130.160.770.04-0.07
0.950.720.560.960.910.950.630.880.420.90.490.210.9-0.180.790.90.460.960.890.530.120.690.830.50.43
0.190.03-0.680.130.370.240.10.42-0.410.22-0.23-0.380.360.3-0.010.29-0.330.250.04-0.130.120.440.050.320.34
0.860.830.180.70.790.850.820.86-0.050.910.52-0.270.640.060.840.820.30.630.830.160.690.440.620.220.23
0.830.760.650.940.650.780.710.650.20.810.43-0.140.78-0.520.80.920.660.730.890.770.830.050.620.080.0
0.37-0.03-0.120.330.620.48-0.10.560.420.31-0.020.450.530.330.040.28-0.280.610.150.040.50.320.220.080.97
0.32-0.03-0.180.240.560.41-0.090.490.370.280.00.410.430.450.050.24-0.230.560.12-0.070.430.340.230.00.97
Click cells to compare fundamentals

Apogee Enterprises Account Relationship Matchups

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 Apogee Enterprises 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, Apogee Enterprises' short interest history, or implied volatility extrapolated from Apogee Enterprises options trading.

Pair Trading with Apogee Enterprises

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 Apogee Enterprises 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 Apogee Enterprises will appreciate offsetting losses from the drop in the long position's value.

Moving together with Apogee Stock

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Moving against Apogee Stock

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  0.66JBI Janus InternationalPairCorr
  0.57FBIN Fortune Brands InnovPairCorr
  0.48ROCK Gibraltar IndustriesPairCorr
  0.47MAS MascoPairCorr
The ability to find closely correlated positions to Apogee Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apogee Enterprises 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 Apogee Enterprises - 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 Apogee Enterprises to buy it.
The correlation of Apogee Enterprises 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 Apogee Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apogee Enterprises 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 Apogee Enterprises 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.
Pair CorrelationCorrelation Matching
When determining whether Apogee Enterprises is a strong investment it is important to analyze Apogee Enterprises' 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 Apogee Enterprises' future performance. For an informed investment choice regarding Apogee Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apogee Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Apogee Enterprises' 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 Apogee Enterprises. If investors know Apogee 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 Apogee Enterprises 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
(0.21)
Dividend Share
0.97
Earnings Share
4.51
Revenue Per Share
64.786
Quarterly Revenue Growth
0.052
The market value of Apogee Enterprises is measured differently than its book value, which is the value of Apogee that is recorded on the company's balance sheet. Investors also form their own opinion of Apogee Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Apogee Enterprises' 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 Apogee Enterprises' market value can be influenced by many factors that don't directly affect Apogee Enterprises' 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 Apogee Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Apogee Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apogee Enterprises' 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.