Appian Corp Stock Market Value

APPN Stock  USD 39.22  1.47  3.89%   
Appian Corp's market value is the price at which a share of Appian Corp trades on a public exchange. It measures the collective expectations of Appian Corp investors about its performance. Appian Corp is selling at 39.22 as of the 28th of March 2024; that is 3.89 percent increase since the beginning of the trading day. The stock's open price was 37.75.
With this module, you can estimate the performance of a buy and hold strategy of Appian Corp and determine expected loss or profit from investing in Appian Corp over a given investment horizon. Check out Appian Corp Correlation, Appian Corp Volatility and Appian Corp Alpha and Beta module to complement your research on Appian Corp.
To learn how to invest in Appian Stock, please use our How to Invest in Appian Corp guide.
Symbol

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
(1.52)
Revenue Per Share
7.46
Quarterly Revenue Growth
0.155
Return On Assets
(0.11)
Return On Equity
(1.13)
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.
0.00
06/07/2022
No Change 0.00  0.0 
In 1 year 9 months and 23 days
03/28/2024
0.00
If you would invest  0.00  in Appian Corp on June 7, 2022 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 660 days. Appian Corp is related to or competes with Global Blue, Aurora Mobile, Marqeta, Nextnav Acquisition, Block, DigitalOcean Holdings, and Veritone. 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.

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.
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.
Hype
Prediction
LowEstimatedHigh
35.5739.2242.87
Details
Intrinsic
Valuation
LowRealHigh
37.8641.5145.16
Details
Naive
Forecast
LowNextHigh
35.1638.8142.47
Details
11 Analysts
Consensus
LowTargetHigh
47.0551.7057.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Appian Corp. Your research has to be compared to or analyzed against Appian Corp's peers to derive any actionable benefits. When done correctly, Appian Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Appian Corp.

Appian Corp Backtested Returns

We consider Appian Corp very steady. Appian Corp secures Sharpe Ratio (or Efficiency) of 0.0361, which signifies that the company had a 0.0361% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Appian Corp, which you can use to evaluate the volatility of the firm. Please confirm Appian Corp's Mean Deviation of 2.55, risk adjusted performance of 0.0133, and Downside Deviation of 3.43 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Appian Corp has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 3.66, 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 right now shows a risk of 3.66%. Please confirm Appian Corp semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Appian Corp will be following its price patterns.

Auto-correlation

    
  0.50  

Modest predictability

Appian Corp has modest predictability. Overlapping area represents the amount of predictability between Appian Corp time series from 7th of June 2022 to 3rd of May 2023 and 3rd of May 2023 to 28th of March 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 0.5 indicates that about 50.0% of current Appian Corp price fluctuation can be explain by its past prices.
Correlation Coefficient0.5
Spearman Rank Test0.45
Residual Average0.0
Price Variance36.65

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  

Appian Corp Investors Sentiment

The influence of Appian 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 Appian. 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 Appian Corp's public news can be used to forecast risks associated with an investment in Appian. The trend in average sentiment can be used to explain how an investor holding Appian can time the market purely based on public headlines and social activities around Appian Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Appian 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 Appian 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 Appian Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Appian Corp.
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 Appian 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, Appian Corp's short interest history, or implied volatility extrapolated from Appian Corp options trading.

Pair Trading with Appian 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 Appian 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 Appian Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Appian Stock

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The ability to find closely correlated positions to Appian 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 Appian 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 Appian 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 Appian Corp to buy it.
The correlation of Appian 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 Appian Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Appian 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 Appian 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.
Pair CorrelationCorrelation Matching
When determining whether Appian Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Appian Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Appian Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Appian Corp Stock:
Check out Appian Corp Correlation, Appian Corp Volatility and Appian Corp Alpha and Beta module to complement your research on Appian Corp.
To learn how to invest in Appian Stock, please use our How to Invest in Appian Corp guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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.
A focus of Appian Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Appian Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...