AAPL vs TQQQ
The choice here is to invest in the Apple (AAPL) brand or a leveraged ETF based on the QQQ technology stocks basket, namely the ProShares UltraPro QQQ (TQQQ). Investors looking to maximize profits on short term price jumps in technology stocks, but who don’t have the time or resources or desire to buy (or sell) options positions that would give them similar participation, TQQQ can be an enticing choice. Readers here must note that comparing these two investments is like comparing apples and oranges, because they’re quite different, but investors browsing all the offerings available to them may wonder if one or the other is better suited for them. Investors should be aware that participating in a leveraged ETF can be a bit of a wild ride due to the volatile nature of its returns and losses, and that it would need to be monitored and evaluated on a daily basis. Leveraged ETFS are not meant to be held long-term.
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
AAPL’s FA Score shows that 4 FA rating(s) are green while.
- AAPL’s FA Score: 4 green, 1 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
AAPL’s TA Score shows that 4 TA indicator(s) are bullish.
- AAPL’s TA Score: 4 bullish, 2 bearish.
Price Growth
AAPL (@Electronics/Appliances) experienced а +1.86% price change this weekfor the same time period.
The average weekly price growth across all stocks in the @Electronics/Appliances industry was -0.84%. For the same industry, the average monthly price growth was +1.22%, and the average quarterly price growth was +9.64%.
Reported Earning Dates
AAPL is expected to report earnings on Jan 30, 2025.
Industries' Descriptions
@Electronics/Appliances (-0.84% weekly)TVs, telephones, washing machines, home speakers and even home-office equipment like computers and printers…the list is virtually endless when it comes to consumer electronics and appliances. And, with ‘smarthomes’ increasingly becoming the reality, we could see a sharp surge in high-tech gadgets (including robotic appliances) making their way into our homes– and therefore spelling plenty opportunities in the related industries. Consumers account for 70% of US GDP, and their purchases of high-functioning electronics could make significant dents in the economy’s health. Sony Corp., Whirlpool and iRobot are some of the major consumer electronics/appliances makers.
AAPL | ||
|---|---|---|
OUTLOOK RATING 1..100 | 47 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 92 Overvalued | |
PROFIT vs RISK RATING 1..100 | 4 | |
SMR RATING 1..100 | 11 | |
PRICE GROWTH RATING 1..100 | 30 | |
P/E GROWTH RATING 1..100 | 19 | |
SEASONALITY SCORE 1..100 | n/a |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
| AAPL | TQQQ | |
|---|---|---|
| RSI ODDS (%) | 3 days ago 39% | 3 days ago 89% |
| Stochastic ODDS (%) | N/A | 3 days ago 90% |
| Momentum ODDS (%) | N/A | 3 days ago 90% |
| MACD ODDS (%) | 7 days ago 66% | 3 days ago 90% |
| TrendWeek ODDS (%) | 3 days ago 69% | 3 days ago 88% |
| TrendMonth ODDS (%) | 3 days ago 66% | 3 days ago 90% |
| Advances ODDS (%) | 3 days ago 69% | 3 days ago 90% |
| Declines ODDS (%) | N/A | 8 days ago 87% |
| BollingerBands ODDS (%) | 3 days ago 52% | 3 days ago 90% |
| Aroon ODDS (%) | 3 days ago 70% | 3 days ago 90% |
AAPL and
Correlation & Price change
A.I.dvisor tells us that AAPL and HEAR have been poorly correlated (+26% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that AAPL and HEAR's prices will move in lockstep.
| Ticker / NAME | Correlation To AAPL | 1D Price Change % | ||
|---|---|---|---|---|
| AAPL | 100% | +1.15% | ||
| HEAR - AAPL | 26% Poorly correlated | +3.76% | ||
| SONO - AAPL | 22% Poorly correlated | +1.37% | ||
| GPRO - AAPL | 21% Poorly correlated | +0.92% | ||
| LPL - AAPL | 19% Poorly correlated | +0.88% | ||
| KOSS - AAPL | 15% Poorly correlated | -2.21% | ||
More | ||||
TQQQ and
Correlation & Price change
A.I.dvisor indicates that over the last year, TQQQ has been closely correlated with CDNS. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if TQQQ jumps, then CDNS could also see price increases.
| Ticker / NAME | Correlation To TQQQ | 1D Price Change % | ||
|---|---|---|---|---|
| TQQQ | 100% | +3.97% | ||
| CDNS - TQQQ | 80% Closely correlated | +1.37% | ||
| KLAC - TQQQ | 79% Closely correlated | +0.39% | ||
| SNPS - TQQQ | 78% Closely correlated | +1.54% | ||
| AMAT - TQQQ | 77% Closely correlated | +0.54% | ||
| LRCX - TQQQ | 77% Closely correlated | +0.04% | ||
More | ||||