Apple Earnings Day Historical Stock Performance

Apple Earnings Day Historical Stock Performance

With Apple ($AAPL) releasing  Q2 earnings After Markets Close Yesterday  we looked at how the $AAPL stock reacts to post earnings announcement since Jan 2000.

Over Night Gap Movement for Apple stock price after earnings are reported

here is how the $AAPL stock price gap’ed before earnings are reported

below the backtest performance summary,assuming one is holding on to longs.

  • Winners : 31
  • Losers : 22
  • % Winners : 58%
  • Average Change % : 0.92
  • Median Change % : 1.50
  • Maximum Gain % : 12.68
  • Maximum Loss % : -13.26
  • Average Gain %if Winner : 5.26
  • Average Loss % if Loser : -5.19
  • Average Gain % / Average Loss % : 1.01
  • Average Absolute Change% : 5.23

AAPL Stock Price Intra-day Movement post earnings since Jan 2000

here is how the $AAPL Stock Price moved from Open to Close on earnings reporting day ( assuming one is holding on to longs)

  • Winners : 21
  • Losers : 32
  • % Winners : 40%
  • Average Change % : -0.20
  • Median Change % : -0.51
  • Maximum Gain % : 8.74
  • Maximum Loss % : -4.57
  • Average Gain %if Winner : 2.25
  • Average Loss % if Loser : -1.93
  • Average Gain % / Average Loss % : 1.17
  • Average Absolute Change% : 1.98

Intra-day Apple Stock Price Historical Movement since Jan 2000 post earnings if AAPL stock price gaps down

if  $AAPL  stock price gaps down after earnings reporting, that is earnings reporting day open is price less than the previous trading day’s closing price , below the backtest performance summary for the longs

  • Winners : 12
  • Losers : 19
  • % Winners : 39%
  • Average Change % : -0.28
  • Median Change % : -0.51
  • Maximum Gain % : 4.90
  • Maximum Loss % : -4.44
  • Average Gain %if Winner : 1.87
  • Average Loss % if Loser : -1.83
  • Average Gain % / Average Loss % : 1.02
  • Average Absolute Change% : 1.76

Intra-day Apple Stock Price Historical Movement since Jan 2000 post earnings if AAPL stock price gaps up

if  $AAPL  stock price gaps up after earnings reporting, that is earnings reporting day open is price greater than the previous trading day’s closing price , below the backtest performance summary for the longs

  • Winners : 9
  • Losers : 13
  • % Winners : 41%
  • Average Change % : -0.09
  • Median Change % : -0.50
  • Maximum Gain % : 8.74
  • Maximum Loss % : -4.57
  • Average Gain %if Winner : 2.75
  • Average Loss % if Loser : -2.05
  • Average Gain % / Average Loss % : 1.34
  • Average Absolute Change% : 2.35

Full day $AAPL stock price movement ( change from previous close to earnings day’s close) since Jan 2000 on earnings reporting day 

here is how the Apple stock price moved on the day after earnings are reported ( if earnings are reported AMC) otherwise the change on the earnings reporting day’s are considered , for the earnings announcements Before Market Open , the same day as earnings reporting day is considered.

ps: assuming one is holding on to longs

  • Winners : 31
  • Losers : 22
  • % Winners : 58%
  • Average Change % : 0.70
  • Median Change % : 1.38
  • Maximum Gain % : 12.82
  • Maximum Loss % : -17.22
  • Average Gain %if Winner : 5.21
  • Average Loss % if Loser : -5.65
  • Average Gain % / Average Loss % : 0.92
  • Average Absolute Change% : 5.39

Historical Apple Stock Price Movements on Earnings day since Jan 2000

Below the table with historical stock price movements on Apple earnings reporting day since Jan 2000

Apple Inc Earnings Day Stock Price Movements since Jan 2000

 

  • C20: Change from Current Close to Next days’s Open
  • C20 %: Change from Current Close to Next days’s Open in percentage
  • O2C : Change from Current Open to Current Close
  • O2C% : Change from Current Open to Current Close in percentage
  • C2C : Change on the Earnings Reporting day 
  • C2C% : Change on the Earnings Reporting day  in percentage

ps: The earnings data is from earnings.com

pps: Average e Absolute Change% data might be useful to gauge the volatility on the earnings day , and or to calculate the straddle pay off factor for options traders

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