Positive context积极背景
Stocks股票 / Real Estate / ARI
Apollo Commercial Real Estate Finance Inc · Real Estate
ARI US listed · USD美股 · 美元
Real Estate
Russell 2000罗素2000
Mixed profile混合特征
$6.24
-$0.15 · -1.42%
52w low52周低 $6.24high高 $11.34
Avoid — downtrend回避 — 下行趋势
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-09-28截至 2026-09-28
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-09-28
Momentum (RSI 14)动量（RSI 14）
23
Oversold超卖区域
vs 50-day average相对50日均线
-7.1% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-7.1% below下方
Long trend down长期向下
Volatility波动率
2th percentile第2百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Estimates being cut预期下调
Mixed — beat 2 of last 4 quarters表现不稳 — 近 4 季中 2 季超预期
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 306.1%
Financials财务数据
fiscal years财年Revenue营业收入
$271.6M2025
20202025
Earnings per share每股收益
$0.812025
20202025
5-yr growth5年复合增速 140.8%
Net margin净利率
46.7%
FCF margin自由现金流利润率
52.5%
Balance-sheet quality财务体质 4/6
Return on equity股本回报率 7%
Clean稳健
Capital allocation资本配置
Buybacks (TTM)回购（TTM）$0
Stock-based comp股权薪酬$13.6M
Share count change (1y)股数变化（1年）+0.6%
Debt coming due到期债务
FY2012 10-KIn the 12-month bucket following fiscal period end 2012-12-31, it reported $179.1M due — about 100% of its disclosed principal.在财年期末 2012-12-31 之后12个月的区间内，已披露到期本金为 $179.1M，约占其披露本金的 100%。
All maturity buckets are measured from fiscal period end 2012-12-31, not from today.所有到期区间均从财年期末 2012-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$179.1M
Year 2第2年
not reported未披露
Year 3第3年
not reported未披露
Year 4第4年
not reported未披露
Year 5第5年
not reported未披露
After year 55年以后
not reported未披露
A cash-flow scenario is unavailable until the filing inputs are verified.报告数据核实前，现金流情景暂不可用。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001193125-13-087806, period ending报告期截至 2012-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-09-21T09:29:54.245655+00:00.
1/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo— absentLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree— absentLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour— absentLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive— absentLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive— absent
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Long-duration name into a restrictive, rising-real-rate regime → rate headwind.长久期标的进入偏紧、实际利率上行的环境→利率逆风。
Positioning持仓
Short interest changed -14.1%空头仓位变动 -14.1%
Technical技术面
ARI RSI reached oversoldARI RSI进入超卖
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$0.1M net (0 buyers, 1 sellers)-$0.1M 净值（0 买家，1 卖家）
Signal history信号历史
engine events引擎事件
NEARING A LOW → DOWNTREND接近低点 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases). Last cycle was left-translated (topped early) — a bearish structural tell回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Sep 22, 2026
ARI RSI reached oversoldARI RSI进入超卖
RSI(14) crossed below 30 — washed out; context, not a timing trigger alone. $6.41.RSI(14)下穿30 — 超卖；仅作背景，单独不构成择时。$6.41。
Sep 18, 2026
ARI RSI reached oversoldARI RSI进入超卖
RSI(14) crossed below 30 — washed out; context, not a timing trigger alone. $6.42.RSI(14)下穿30 — 超卖；仅作背景，单独不构成择时。$6.42。
Sep 11, 2026
UNCONFIRMED TURN → NEARING A LOW未确认转向 → 接近低点
GET READY准备
Sep 11, 2026
ARI broke down vs the marketARI 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $6.63.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$6.63。
Sep 10, 2026
ARI lost its 200-day averageARI 跌破200日均线
Price closed below the 200-day moving average — the classic bear dividing line. $6.68.收盘跌破200日均线 — 经典的空头分界线。$6.68。
Sep 9, 2026
BOTTOMING → UNCONFIRMED TURN筑底中 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Sep 8, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Sep 4, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Showing the last 15 of显示最近15条，共 158 signals条信号
Company profile公司档案
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Quality质量
Below market低于市场
Investment资本投入
Below market低于市场
Low volatility低波动
Above market高于市场
Low market beta低市场敏感度
Below market低于市场
Earnings quality盈利质量
Above market高于市场
Short interest空头兴趣
Below market低于市场
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -3.5% | +1.4% |
| 1 Month近1月 | -5.5% | -1.7% |
| 3 Months近3月 | -2.3% | +13.9% |
| 6 Months近6月 | +7.9% | +9.6% |
| Year to date年初至今 | +7.9% | +9.6% |
| 1 Year近1年 | +12.8% | +21.4% |
Trading information交易信息
Beta vs market贝塔
0.46
Volatility rank波动率分位
2th pctile
Short interest空头占比
3.4% of float
EPS (trailing)每股收益
$0.91
Off 52-week high距52周高点
-13.7%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | — | $285M | $304M | $345M | $304M | $272M |
| EPS每股收益 | $0.01 | $1.46 | $1.68 | $0.29 | $-0.97 | $0.81 |
| Free cash flow自由现金流 | — | — | — | — | — | — |
| Gross margin毛利率 | — | — | — | — | — | — |
| Net margin净利率 | — | 78.6% | 87.4% | 16.9% | -39.4% | 46.7% |
| FCF margin自由现金流利润率 | — | — | — | — | — | — |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$272M
Net income净利润
$127M
Operating cash flow经营现金流
$143M
Total assets总资产
$9.9B
Shareholder equity股东权益
$1.9B
Dividends paid股息支出
$141M
Buybacks股票回购
$0
Shares outstanding总股本
0.14B
Returns & growth回报与增长
Return on equity股本回报率
6.8%
Return on assets资产回报率
1.3%
Asset growth资产增速
+17.7%
Accounting quality checks会计质量检查
- Earnings quality: accruals elevated vs peers (earnings lean on non-cash items)盈利质量：应计利润高于同业（盈利依赖非现金项目）
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
23
RSI (2-day)RSI（2日）
1
vs 20-day average相对20日均线
-5.5%
vs 50-day average相对50日均线
-7.1%
vs 200-day average相对200日均线
-7.1%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down动能向下
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
95/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Mar 2026 | $0.20 | $0.27 | -25.9% |
| Dec 2025 | $0.24 | $0.25 | -4.0% |
| Sep 2025 | $0.27 | $0.02 | +1250.0% |
| Jun 2025 | $0.24 | $0.23 | +4.3% |
Estimate revisions预期修正
Analysts covering覆盖分析师
1
Estimate direction预期调整方向
mostly cutting多数下调
Net upgrades, 30 days净上调（30天）
-1
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$0.1M
Insider buyers vs sellers内部人买家vs卖家
0 : 1
Short interest空头占流通盘
3.4%
Days to cover回补天数
2.5
Short interest change空头变化
-14.1%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。