Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 28 , 10 November 2023


Open Access | Article

The Analysis of the Stock Price of AAPL Based on the Comparison Between the Intrinsic Stock Price and Actual Stock Price

Xing Jiamu * 1
1 WLSA Shanghai Academy

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 28, 107-112
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Xing Jiamu. The Analysis of the Stock Price of AAPL Based on the Comparison Between the Intrinsic Stock Price and Actual Stock Price. AEMPS (2023) Vol. 28: 107-112. DOI: 10.54254/2754-1169/28/20231304.

Abstract

As Apple becomes a world-leading technology company, it is no doubt that its stock has brought a huge amount of profit to its investors. Many investors rely on financial modules to estimate the change in stock values and make the final decision. They contribute significantly to the decision-making of investors. This paper intends to use the composition of the models to evaluate the monthly stock price of AAPL in the past five years with the composition of the models and compare it with the real open stock price. It turns out that the real value was overvalued in the first four years yet undervalued in the fifth year.

Keywords

AAPL, intrinsic value, capital and asset pricing model, stock price, financial modules, dividend discount module

References

1. Yahoo!: Apple Inc. (AAPL) Analyst Ratings. Estimates & Forecasts. Finance Yahoo!, 10 Feb. (2023).

2. Bodie, Zvi, et al.: Investments. McGraw-Hill Education (2021).

3. Fabozzi, Frank J., et al.: Investment Management. Prentice-Hall (1999).

4. FRED: Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity. Quoted on an Investment Basis (2023).

5. Reilly, Frank K., et al.: Investment Analysis & Portfolio Management. Cengage (2019).

6. Ross, Stephen A., et al.: Essentials of Corporate Finance. McGraw Hill LLC (2023).

7. MacroTrends: S&amp, P 500 Historical Annual Returns. https://www.macrotrends.net/2526/sp-500-historical-annual-returns, last accessed 2023.

8. Titman, Sheridan, et al.: Financial Management: Principles and Applications. Pearson (2014).

9. Tretina, Kat.: What Is a Market Index? Forbes, Forbes Magazine https://www.forbes.com/advisor/investing/stock-market-index/ (2022).

10. Young, Julie.: Market Index: Definition, How Indexing Works, Types, and Examples. Investopedia (2022).

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-077-6
ISBN (Online)
978-1-83558-078-3
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/28/20231304
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated