Applovin Corp Stock Forecast - Day Median Price
| APP Stock | USD 68.86 2.04 2.88% |
Applovin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Applovin Corp stock prices and determine the direction of Applovin Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Applovin Corp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Applovin Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Applovin Corp's systematic risk associated with finding meaningful patterns of Applovin Corp fundamentals over time.
Check out Historical Fundamental Analysis of Applovin Corp to cross-verify your projections. Applovin |
Open Interest Against 2024-04-19 Applovin Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Applovin Corp's 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 Applovin Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Applovin Corp 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 Applovin Corp's open interest, investors have to compare it to Applovin Corp's 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 Applovin Corp 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 Applovin. 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 Applovin Corp 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 Applovin Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Applovin Corp's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 70.07 | 70.07 |
| Check Applovin Corp Volatility | Backtest Applovin Corp | Information Ratio |
Applovin Corp Trading Date Momentum
| On April 19 2024 Applovin Corp was traded for 68.86 at the closing time. Highest Applovin Corp's price during the trading hours was 71.83 and the lowest price during the day was 68.31 . There was no trading activity during the period 0.0. Lack of trading volume on the 19th of April did not affect price variability. The overall trading delta to current price is 3.79% . |
The median price is the midpoint of the trading periods range.
| Compare Applovin Corp to competition |
Other Forecasting Options for Applovin Corp
For every potential investor in Applovin, whether a beginner or expert, Applovin Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Applovin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Applovin. Basic forecasting techniques help filter out the noise by identifying Applovin Corp's price trends.Applovin Corp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Applovin Corp stock to make a market-neutral strategy. Peer analysis of Applovin Corp could also be used in its relative valuation, which is a method of valuing Applovin Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Applovin Corp 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 Applovin Corp's 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 Applovin Corp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Applovin Corp Market Strength Events
Market strength indicators help investors to evaluate how Applovin Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Applovin Corp shares will generate the highest return on investment. By undertsting and applying Applovin Corp stock market strength indicators, traders can identify Applovin Corp entry and exit signals to maximize returns.
Applovin Corp Risk Indicators
The analysis of Applovin Corp's 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 Applovin Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting applovin 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 | 2.98 | |||
| Semi Deviation | 2.74 | |||
| Standard Deviation | 4.53 | |||
| Variance | 20.56 | |||
| Downside Variance | 10.16 | |||
| Semi Variance | 7.48 | |||
| Expected Short fall | (3.57) |
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.
Applovin Corp Investors Sentiment
The influence of Applovin Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Applovin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Applovin Corp's public news can be used to forecast risks associated with an investment in Applovin. The trend in average sentiment can be used to explain how an investor holding Applovin can time the market purely based on public headlines and social activities around Applovin Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Applovin Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Applovin Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Applovin Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Applovin Corp.
Applovin Corp Implied Volatility | 72.1 |
Applovin Corp's implied volatility exposes the market's sentiment of Applovin Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Applovin Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Applovin Corp stock will not fluctuate a lot when Applovin Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Applovin Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Applovin Corp's short interest history, or implied volatility extrapolated from Applovin Corp options trading.
Pair Trading with Applovin Corp
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 Applovin Corp 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 Applovin Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Applovin Stock
| 0.65 | DJCO | Daily Journal Corp | PairCorr |
Moving against Applovin Stock
| 0.9 | DT | Dynatrace Holdings LLC Buyout Trend | PairCorr |
| 0.9 | WK | Workiva Financial Report 7th of May 2024 | PairCorr |
| 0.87 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.79 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.76 | PD | Pagerduty Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Applovin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applovin Corp 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 Applovin Corp - 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 Applovin Corp to buy it.
The correlation of Applovin Corp 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 Applovin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applovin Corp 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 Applovin Corp 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 Applovin Corp to cross-verify your projections. To learn how to invest in Applovin Stock, please use our How to Invest in Applovin Corp guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Applovin Stock analysis
When running Applovin Corp's price analysis, check to measure Applovin 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 Applovin Corp is operating at the current time. Most of Applovin Corp's value examination focuses on studying past and present price action to predict the probability of Applovin 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 Applovin Corp's price. Additionally, you may evaluate how the addition of Applovin Corp to your portfolios can decrease your overall portfolio volatility.
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Is Applovin 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 Applovin Corp. If investors know Applovin 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 Applovin Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.836 | Earnings Share 0.98 | Revenue Per Share 9.328 | Quarterly Revenue Growth 0.357 | Return On Assets 0.0724 |
The market value of Applovin Corp is measured differently than its book value, which is the value of Applovin that is recorded on the company's balance sheet. Investors also form their own opinion of Applovin Corp's value that differs from its market value or its book value, called intrinsic value, which is Applovin 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 Applovin Corp's market value can be influenced by many factors that don't directly affect Applovin 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 Applovin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applovin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applovin 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.