Applovin Corp Stock Price on May 12, 2024
| APP Stock | USD 82.15 2.89 3.65% |
If you're considering investing in Applovin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Applovin Corp stands at 82.15, as last reported on the 26th of May, with the highest price reaching 82.28 and the lowest price hitting 78.38 during the day. Applovin Corp appears to be very steady, given 3 months investment horizon. Applovin Corp secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. By analyzing Applovin Corp's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Applovin Corp's Downside Deviation of 2.57, risk adjusted performance of 0.1106, and Mean Deviation of 2.52 to double-check if our risk estimates are consistent with your expectations.
At this time, Applovin Corp's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 05/26/2024, Stock Based Compensation is likely to grow to about 381.3 M, while Total Stockholder Equity is likely to drop slightly above 1.1 B. . At this time, Applovin Corp's Price Book Value Ratio is relatively stable compared to the past year. As of 05/26/2024, Price To Book Ratio is likely to grow to 11.72, while Price Earnings To Growth Ratio is likely to drop (0.15). Applovin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Applovin |
Sharpe Ratio = 0.1681
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | APP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.36 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Applovin Corp is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Applovin Corp by adding it to a well-diversified portfolio.
Price Book 19.942 | Enterprise Value Ebitda 24.2124 | Price Sales 7.6312 | Shares Float 174.1 M | Wall Street Target Price 93.52 |
Related Headline
Bridgeline Digital Headline on 10th of May 2024
Bridgeline to Report Financial Results for the Second Quarte... by benzinga.com
WOBURN, Mass., May 10, 2024 -- Bridgeline Digital, Inc. , a global leader in AI-powered marketing technology, announced today that it will release its financial results for the second
Applovin Corp Valuation on May 12, 2024
It is possible to determine the worth of Applovin Corp on a given historical date. On May 12, 2024 Applovin was worth 85.74 at the beginning of the trading date compared to the closed value of 86.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Applovin Corp stock. Still, in general, we apply an absolute valuation method to find Applovin Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Applovin Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Applovin Corp's related companies.
| Open | High | Low | Close | Volume | |
| 83.27 | 88.50 | 80.67 | 84.69 | 15,123,252 | |
05/10/2024 | 85.74 | 87.96 | 84.81 | 86.43 | 4,970,734 |
| 87.05 | 87.13 | 83.51 | 86.37 | 5,016,844 |
| Backtest Applovin Corp | | | Applovin Corp History | | | Applovin Corp Valuation | Previous | Next |
Applovin Corp Trading Date Momentum on May 12, 2024
| On May 13 2024 Applovin Corp was traded for 86.37 at the closing time. Highest Applovin Corp's price during the trading hours was 87.13 and the lowest price during the day was 83.51 . The net volume was 5 M. The overall trading history on the 13th of May 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.07% . The overall trading delta to current price is 4.55% . |
Applovin Corp Fundamentals Correlations and Trends
By evaluating Applovin Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Applovin Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Applovin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Applovin Corp Stock history
Applovin Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Applovin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Applovin Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Applovin Corp stock prices may prove useful in developing a viable investing in Applovin Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 362.6 M | 401.5 M | |
| Net Loss | -221.7 M | -210.6 M |
Applovin Corp Quarterly Net Working Capital |
|
Applovin Corp Stock Technical Analysis
Applovin 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.
Price Boundaries
Applovin Corp Period Price Range
Low | May 10, 2024
| High |
85.74 | 86.43 |
Applovin Corp May 26, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Applovin Corp's price direction in advance. Along with the technical and fundamental analysis of Applovin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Applovin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1106 | |||
| Jensen Alpha | 0.4827 | |||
| Total Risk Alpha | 0.3594 | |||
| Sortino Ratio | 0.2102 | |||
| Treynor Ratio | 0.231 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applovin Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Applovin Stock, please use our How to Invest in Applovin Corp guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
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 1.66 | Revenue Per Share 10.583 | Quarterly Revenue Growth 0.479 | Return On Assets 0.1037 |
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.