Appian Return on Invested Capital Trend from 2010 to 2022

APPN
 Stock
  

USD 54.46  0.96  1.73%   

Appian Corp Return on Invested Capital yearly trend continues to be quite stable with very little volatility. The value of Return on Invested Capital is projected to decrease to -0.37. From the period between 2010 and 2022, Appian Corp, Return on Invested Capital regression line of its data series had standard deviation of 6.89 and standard deviation of  6.89. Appian Corp Interest Expense is quite stable at the moment as compared to the past year. The company's current value of Interest Expense is estimated at 418,467. Preferred Dividends Income Statement Impact is expected to rise to about 477.6 K this year, although the value of Direct Expenses will most likely fall to about 84.9 M.
  
Check Appian Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Appian main balance sheet or income statement drivers, such as Direct Expenses of 84.9 M, Cost of Revenue of 96.2 M or Gross Profit of 219.1 M, as well as many exotic indicators such as Long Term Debt to Equity of 2.22, PPandE Turnover of 10.48 or Receivables Turnover of 3.15. Appian financial statements analysis is a perfect complement when working with Appian Corp Valuation or Volatility modules. It can also supplement Appian Corp's financial leverage analysis and stock options assessment as well as various Appian Corp Technical models . Please continue to the analysis of Appian Corp Correlation against competitors.

Appian Return on Invested Capital Breakdown

Showing smoothed Return on Invested Capital of Appian Corp Cl with missing and latest data points interpolated. Return on Invested Capital is ratio estimated by dividing Earning Before Interest and Taxes EBIT by [InvCapAvg]. [InvCap] is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.Appian Corp's Return on Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Appian Corp's overall financial position and show how it may be relating to other accounts over time.
Return on Invested Capital10 Years Trend
Increasing
Stable
   Return on Invested Capital   
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       Timeline  

Appian Return on Invested Capital Regression Statistics

Arithmetic Mean 0.41
Geometric Mean 1.16
Coefficient Of Variation 1,692
Mean Deviation 3.39
Median(1.09)
Standard Deviation 6.89
Sample Variance 47.41
Range 30.10
R-Value 0.16
Mean Square Error 50.33
R-Squared 0.026833
Significance 0.59
Slope 0.29
Total Sum of Squares 568.87

Appian Return on Invested Capital History

2017 -7.68
2018 22.42
2019 -0.89
2020 -0.17
2021 -0.36
2022 -0.37

About Appian Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Appian Corp income statement, its balance sheet, and the statement of cash flows. Appian Corp investors use historical funamental indicators, such as Appian Corp's Return on Invested Capital, to determine how well the company is positioned to perform in the future. Although Appian Corp investors may use each financial statement separately, they are all related. The changes in Appian Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Appian Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Appian Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Appian Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Invested Capital(0.36) (0.37) 
Invested Capital209.2 M166.5 M
Invested Capital Average241 M260 M
Market Capitalization4.6 BB
Working Capital122.5 M119.1 M
Appian Corporation provides low-code automation platform in the United States and internationally. The company was incorporated in 1999 and is headquartered in McLean, Virginia. Appian Corp operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 1798 people.

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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.
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 Cl 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 Cl 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
Please continue to the analysis of Appian Corp Correlation against competitors. Note that the Appian Corp Cl information on this page should be used as a complementary analysis to other Appian Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Appian Corp Cl 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 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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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.
Market Capitalization
3.9 B
Quarterly Revenue Growth YOY
0.33
Return On Assets
-0.15
Return On Equity
-0.51
The market value of Appian Corp Cl 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 Appian Corp value 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.