Appian Corp Stock Market Value
| APPN Stock | USD 28.39 0.07 0.25% |
| Symbol | Appian |
Appian Corp Price To Book Ratio
Is Appian Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Appian Corp. If investors know Appian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Appian Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.46) | Revenue Per Share 7.649 | Quarterly Revenue Growth 0.108 | Return On Assets (0.09) | Return On Equity (2.02) |
The market value of Appian Corp is measured differently than its book value, which is the value of Appian that is recorded on the company's balance sheet. Investors also form their own opinion of Appian Corp's value that differs from its market value or its book value, called intrinsic value, which is Appian Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Appian Corp's market value can be influenced by many factors that don't directly affect Appian Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Appian Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Appian Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Appian Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Appian Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Appian Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Appian Corp.
| 05/02/2024 |
| 06/01/2024 |
If you would invest 0.00 in Appian Corp on May 2, 2024 and sell it all today you would earn a total of 0.00 from holding Appian Corp or generate 0.0% return on investment in Appian Corp over 30 days. Appian Corp is related to or competes with Block, Adobe Systems, Crowdstrike Holdings, Cloudflare, and Okta. Appian Corporation provides low-code automation platform in the United States and internationally More
Appian Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Appian Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Appian Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 23.47 | |||
| Value At Risk | (4.18) | |||
| Potential Upside | 3.89 |
Appian Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Appian Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Appian Corp's standard deviation. In reality, there are many statistical measures that can use Appian Corp historical prices to predict the future Appian Corp's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Appian Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Appian Corp Backtested Returns
Appian Corp secures Sharpe Ratio (or Efficiency) of -0.0897, which signifies that the company had a -0.0897% return per unit of risk over the last 3 months. Appian Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Appian Corp's Risk Adjusted Performance of (0.04), mean deviation of 2.29, and Standard Deviation of 3.3 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.92, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Appian Corp will likely underperform. Appian Corp has an expected return of -0.3%. Please make sure to confirm Appian Corp potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if Appian Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.81 |
Excellent reverse predictability
Appian Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Appian Corp time series from 2nd of May 2024 to 17th of May 2024 and 17th of May 2024 to 1st of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Appian Corp price movement. The serial correlation of -0.81 indicates that around 81.0% of current Appian Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 2.51 |
Appian Corp lagged returns against current returns
Autocorrelation, which is Appian Corp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Appian Corp's stock expected returns. We can calculate the autocorrelation of Appian Corp returns to help us make a trade decision. For example, suppose you find that Appian Corp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Appian Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Appian Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Appian Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Appian Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Appian Corp Lagged Returns
When evaluating Appian Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Appian Corp stock have on its future price. Appian Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Appian Corp autocorrelation shows the relationship between Appian Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Appian Corp.
Regressed Prices |
| Timeline |
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When running Appian Corp's price analysis, check to measure Appian Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Appian Corp is operating at the current time. Most of Appian Corp's value examination focuses on studying past and present price action to predict the probability of Appian Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Appian Corp's price. Additionally, you may evaluate how the addition of Appian Corp to your portfolios can decrease your overall portfolio volatility.
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Appian Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.