Apple’s Inventory On The Run, Is It Time To Promote? Ask The AI engine

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Apple’s Inventory On The Run, Is It Time To Promote? Ask The AI engine

Query


Query: With Apple’s fill up over 25% within the final quarter, many Trefis customers requested: how possible is it that the rally will proceed over the subsequent week, subsequent month or the subsequent quarter?

Reply: Seems, in line with the Trefis Machine Studying Engine, for those who’re searching for an extra 10% acquire behind this run, there’s solely a couple of 4% probability that might materialize in every week, and about 23% possible over a month. Nonetheless, a 10% extra acquire is a reasonably good 44% possible over the subsequent quarter. Furthermore, this 44% probability of a 10% acquire is way greater than the roughly 25% probability of a 5% drop over the subsequent quarter.

What about the opportunity of a 10% drop in Apple’s inventory after such a run? You possibly can check the reply and lots of different combos on the Trefis AI Engine for Apple Stock: Chances for Rebound after a Fall, or, the chance of a Dip after a Rise.

 

Beneath, we additionally focus on a number of eventualities and reply widespread investor questions:



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