Apple Competitors
| APC Stock | EUR 218.60 -3.70 -1.66% |
Correlation to Market: Apple View
Good diversification
The correlation between APC and DJI is -0.15, which Macroaxis classifies as Good diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.
Moving against Apple Stock
Mean reversion opportunities in Apple's arise when market prices disconnect from fundamental anchors such as earnings, book value, or historical price-to-earnings multiples.
Apple Competition Correlation Matrix
Correlation analysis between Apple Inc and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
| -0.04 | 0.77 | -0.86 | 0.3 | -0.83 | MSF | ||
| -0.04 | -0.05 | 0.28 | -0.19 | 0.39 | NVD | ||
| 0.77 | -0.05 | -0.83 | 0.4 | -0.72 | 3CP | ||
| -0.86 | 0.28 | -0.83 | -0.47 | 0.94 | SSUN | ||
| 0.3 | -0.19 | 0.4 | -0.47 | -0.38 | HTJ | ||
| -0.83 | 0.39 | -0.72 | 0.94 | -0.38 | TSFA | ||
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Apple Stock performing well and Apple Company doing well as a business compared to the competition. Without reviewing risk-adjusted indicators, investors may overweight recent returns and underweight the volatility required to achieve them. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MSF | 1.32 | -0.25 | 0.00 | -0.74 | 0.00 | 2.19 | 13.30 | |||
| NVD | 1.61 | 0.05 | 0.02 | 0.03 | 2.16 | 3.25 | 14.13 | |||
| 3CP | 1.90 | -0.35 | 0.00 | -4.63 | 0.00 | 3.64 | 11.16 | |||
| SSUN | 3.11 | 0.82 | 0.20 | 0.94 | 3.40 | 7.14 | 16.97 | |||
| HTJ | 6.16 | 0.02 | 0.01 | -0.04 | 8.47 | 20.00 | 48.12 | |||
| TSFA | 1.92 | 0.26 | 0.12 | 0.45 | 2.02 | 4.78 | 11.49 |
Apple Competitive Analysis
Within its peer group that includes Microsoft, NVIDIA, and Xiaomi, Apple stands out in several ways. The company commands a 3222.51 B market valuation built on 416.16 B in annual revenue. Shareholders see a 152.02% return on equity, supported by a 27.04% profit margin. Apple leads with 152.02% return on equity versus 34.39% for Microsoft. NVIDIA keeps more of each revenue dollar with a 55.60% margin versus 27.04% at Apple. On pure scale, Apple is the larger business with market caps of 3222.51 B versus 95.70 B.| Better Than Average | Worse Than Peers | View Performance Chart |
Apple Competition Peer Performance Charts
How to Analyze Apple Against Peers
Apple's peer analysis compares Apple with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Apple trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Apple leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
The peer benchmarking view for Apple is most useful when filtered by business model similarity rather than just sector classification, which can be too broad to be actionable. Peer comparisons can reduce single-name bias by forcing a wider operating and valuation context. For peer comparison, Apple has a market cap of 3.22 T, P/E of 34.41, profit margin of 27.04%.
For Apple Inc, this section uses periodic company reporting and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist.