Applovin Other Stockholder Equity vs Property Plant Equipment Analysis

APP Stock  USD 83.44  2.93  3.39%   
Applovin Corp financial indicator trend analysis is way more than just evaluating Applovin Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applovin Corp is a good investment. Please check the relationship between Applovin Corp Other Stockholder Equity and its Property Plant Equipment accounts. 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.

Other Stockholder Equity vs Property Plant Equipment

Other Stockholder Equity vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Applovin Corp Other Stockholder Equity account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Applovin Corp's Other Stockholder Equity and Property Plant Equipment is 0.9. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Applovin Corp, assuming nothing else is changed. The correlation between historical values of Applovin Corp's Other Stockholder Equity and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Applovin Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Stockholder Equity i.e., Applovin Corp's Other Stockholder Equity and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Property Plant Equipment

Most indicators from Applovin Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applovin Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Applovin Corp's Tax Provision is relatively stable compared to the past year. As of 05/14/2024, Enterprise Value is likely to grow to about 24 B, while Selling General Administrative is likely to drop slightly above 130 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.8B1.6B2.2B1.6B
Total Revenue2.8B2.8B3.3B2.5B

Applovin Corp fundamental ratios Correlations

0.910.85-0.660.320.780.630.720.780.690.690.790.90.730.740.650.840.950.760.50.74-0.370.730.50.620.63
0.910.92-0.60.370.960.840.940.930.830.770.950.980.880.910.80.990.950.950.550.92-0.550.880.550.860.88
0.850.92-0.340.230.930.770.880.970.950.950.960.950.960.950.940.90.90.880.820.92-0.340.950.820.840.9
-0.66-0.6-0.34-0.11-0.48-0.56-0.51-0.43-0.29-0.1-0.46-0.58-0.34-0.39-0.22-0.57-0.62-0.550.05-0.50.36-0.360.05-0.48-0.29
0.320.370.23-0.110.290.330.290.190.030.110.310.180.130.180.050.340.210.3-0.10.14-0.830.13-0.10.150.24
0.780.960.93-0.480.290.90.990.980.910.820.980.960.950.970.890.980.880.990.640.98-0.540.950.640.960.97
0.630.840.77-0.560.330.90.920.880.810.680.890.820.870.90.810.90.760.940.550.93-0.690.880.550.940.86
0.720.940.88-0.510.290.990.920.960.880.760.970.930.920.950.860.970.830.990.570.97-0.560.920.570.980.97
0.780.930.97-0.430.190.980.880.960.970.90.990.960.990.990.960.940.870.950.770.98-0.40.980.770.950.96
0.690.830.95-0.290.030.910.810.880.970.950.940.90.990.970.990.840.810.870.890.95-0.240.990.890.90.92
0.690.770.95-0.10.110.820.680.760.90.950.870.830.940.910.960.760.770.760.950.84-0.20.930.950.760.85
0.790.950.96-0.460.310.980.890.970.990.940.870.950.960.970.920.950.860.960.710.97-0.490.960.710.940.96
0.90.980.95-0.580.180.960.820.930.960.90.830.950.930.940.870.970.960.940.650.95-0.390.930.650.880.89
0.730.880.96-0.340.130.950.870.920.990.990.940.960.931.00.990.910.850.920.850.97-0.381.00.850.930.95
0.740.910.95-0.390.180.970.90.950.990.970.910.970.941.00.970.940.870.950.80.99-0.441.00.80.950.96
0.650.80.94-0.220.050.890.810.860.960.990.960.920.870.990.970.830.780.860.910.94-0.270.990.910.890.92
0.840.990.9-0.570.340.980.90.970.940.840.760.950.970.910.940.830.930.980.560.95-0.60.910.560.910.91
0.950.950.9-0.620.210.880.760.830.870.810.770.860.960.850.870.780.930.870.60.86-0.420.850.60.760.76
0.760.950.88-0.550.30.990.940.990.950.870.760.960.940.920.950.860.980.870.580.97-0.60.930.580.970.95
0.50.550.820.05-0.10.640.550.570.770.890.950.710.650.850.80.910.560.60.580.720.00.841.00.630.7
0.740.920.92-0.50.140.980.930.970.980.950.840.970.950.970.990.940.950.860.970.72-0.450.980.720.980.95
-0.37-0.55-0.340.36-0.83-0.54-0.69-0.56-0.4-0.24-0.2-0.49-0.39-0.38-0.44-0.27-0.6-0.42-0.60.0-0.45-0.380.0-0.49-0.47
0.730.880.95-0.360.130.950.880.920.980.990.930.960.931.01.00.990.910.850.930.840.98-0.380.840.930.94
0.50.550.820.05-0.10.640.550.570.770.890.950.710.650.850.80.910.560.60.581.00.720.00.840.630.7
0.620.860.84-0.480.150.960.940.980.950.90.760.940.880.930.950.890.910.760.970.630.98-0.490.930.630.96
0.630.880.9-0.290.240.970.860.970.960.920.850.960.890.950.960.920.910.760.950.70.95-0.470.940.70.96
Click cells to compare fundamentals

Applovin Corp Account Relationship Matchups

Applovin Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab145.4M326.5M258.7M171.8M245.6M218.2M
Total Current Liabilities238.9M598.1M640.1M579.0M944.1M570.9M
Other Liab29.0M47.6M120.9M79.8M91.8M62.2M
Net Tangible Assets(1.2B)(1.9B)(537.7M)(1.6B)(1.4B)(1.5B)
Retained Earnings(887.2M)(1.0B)(977.0M)(1.2B)(813.0M)(853.6M)
Accounts Payable70.5M147.3M258.2M273.2M371.7M216.4M
Other Assets15.4M42.6M118.2M268.4M308.7M324.1M
Net Receivables161.3M297.0M514.5M702.8M953.8M504.5M
Other Current Assets28.6M48.8M150.0M155.8M160.2M99.9M
Other Stockholder Equity235.2M453.7M3.2B3.2B2.1B1.7B
Total Current Assets586.2M663.0M3.2B1.9B1.6B1.5B
Property Plant Equipment22.8M112.9M134.6M138.9M159.8M91.9M

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

    
  85.59  
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 against Applovin Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Applovin Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Applovin Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Applovin Corp Stock. Highlighted below are key reports to facilitate an investment decision about Applovin Corp Stock:
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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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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
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.