Appian Stock Market Value
| APPN Stock | USD 45.61 0.98 2.20% |
| Symbol | Appian |
Appian Corp Valuation
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 (2.17) | Revenue Per Share 6.959 | Quarterly Revenue Growth 0.16 | Return On Assets (0.18) | Return On Equity (1.10) |
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.
| 08/31/2023 |
| 09/30/2023 |
If you would invest 0.00 in Appian Corp on August 31, 2023 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 30 days. Appian Corp is related to or competes with McDonalds, ATT, Verint Systems, EngageSmart LLC, International Business, and Exxon. 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.
| Information Ratio | (0.019962) | |||
| Maximum Drawdown | 10.51 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 3.54 |
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.| Risk Adjusted Performance | (0.008849) | |||
| Jensen Alpha | (0.02956) | |||
| Total Risk Alpha | 0.0212 | |||
| Treynor Ratio | (0.042565) |
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of Appian Corp in the context of predictive analytics.
Appian Corp Backtested Returns
Appian Corp secures Sharpe Ratio (or Efficiency) of -0.0282, which signifies that the company had -0.0282% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Appian Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm Appian Corp Mean Deviation of 1.78, standard deviation of 2.27, and Risk Adjusted Performance of (0.008849) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.6422, 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. Even though it is essential to pay attention to Appian Corp historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Appian Corp exposes twenty-one different technical indicators, which can help you to evaluate its performance. Appian Corp has an expected return of -0.0654%. Please make sure to confirm Appian Corp variance, potential upside, as well as the relationship between the Potential Upside and rate of daily change to decide if Appian Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Appian Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Appian Corp time series from 31st of August 2023 to 15th of September 2023 and 15th of September 2023 to 30th of September 2023. 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 -0.3 indicates that nearly 30.0% of current Appian Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 1.77 |
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 stock 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 stock 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 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Appian Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
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 together with Appian Stock
Moving against Appian Stock
| - | 0.62 | NN | Nextnav Acquisition Corp | Report 9th of November 2023 | PairCorr | |
| - | 0.56 | GB | Global Blue Group | Report 7th of December 2023 | PairCorr |
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 equities. 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.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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Appian Stock analysis
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.