Applied Therapeutics Stock Forecast - Maximum Drawdown
| APLT Stock | USD 4.41 0.03 0.68% |
Applied Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Applied Therapeutics stock prices and determine the direction of Applied Therapeutics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Applied Therapeutics' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Applied Therapeutics' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Applied Therapeutics' systematic risk associated with finding meaningful patterns of Applied Therapeutics fundamentals over time.
Check out Historical Fundamental Analysis of Applied Therapeutics to cross-verify your projections. Applied |
Open Interest Against 2024-05-17 Applied Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Applied Therapeutics' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Applied Therapeutics' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Applied Therapeutics stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Applied Therapeutics' open interest, investors have to compare it to Applied Therapeutics' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Applied Therapeutics is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Applied. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Applied Therapeutics cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Applied Therapeutics' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Applied Therapeutics' price structures and extracts relationships that further increase the generated results' accuracy.
| Check Applied Therapeutics Volatility | Backtest Applied Therapeutics | Information Ratio |
Applied Therapeutics Trading Date Momentum
| On April 23 2024 Applied Therapeutics was traded for 4.41 at the closing time. The top price for the day was 4.64 and the lowest listed price was 4.38 . There was no trading activity during the period 0.0. Lack of trading volume on April 23, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.68% . |
| Compare Applied Therapeutics to competition |
Other Forecasting Options for Applied Therapeutics
For every potential investor in Applied, whether a beginner or expert, Applied Therapeutics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Applied Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Applied. Basic forecasting techniques help filter out the noise by identifying Applied Therapeutics' price trends.View Applied Therapeutics Related Equities
| Risk & Return | Correlation |
Applied Therapeutics Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Applied Therapeutics' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Applied Therapeutics' current price.| Cycle Indicators | ||
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| Volume Indicators |
Applied Therapeutics Market Strength Events
Market strength indicators help investors to evaluate how Applied Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Applied Therapeutics shares will generate the highest return on investment. By undertsting and applying Applied Therapeutics stock market strength indicators, traders can identify Applied Therapeutics entry and exit signals to maximize returns.
Applied Therapeutics Risk Indicators
The analysis of Applied Therapeutics' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Applied Therapeutics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting applied stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 5.34 | |||
| Semi Deviation | 3.93 | |||
| Standard Deviation | 9.34 | |||
| Variance | 87.26 | |||
| Downside Variance | 18.98 | |||
| Semi Variance | 15.48 | |||
| Expected Short fall | (7.93) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Applied Therapeutics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Applied Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Applied Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving against Applied Stock
| 0.44 | EVO | Evotec SE ADR Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Applied Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Applied Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Applied Therapeutics to buy it.
The correlation of Applied Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Applied Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Applied Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Applied Therapeutics to cross-verify your projections. For more information on how to buy Applied Stock please use our How to Invest in Applied Therapeutics guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Applied Stock analysis
When running Applied Therapeutics' price analysis, check to measure Applied Therapeutics' 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 Applied Therapeutics is operating at the current time. Most of Applied Therapeutics' value examination focuses on studying past and present price action to predict the probability of Applied Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Therapeutics' price. Additionally, you may evaluate how the addition of Applied Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Applied Therapeutics' 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 Applied Therapeutics. If investors know Applied 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 Applied Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.42) | Revenue Per Share 0.119 | Return On Assets (0.87) | Return On Equity (6.82) |
The market value of Applied Therapeutics is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Applied Therapeutics' 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 Applied Therapeutics' market value can be influenced by many factors that don't directly affect Applied Therapeutics' 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 Applied Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Therapeutics' 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.