Appian Z Score

APPN
 Stock
  

USD 54.46  0.96  1.73%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please continue to Appian Corp Piotroski F Score and Appian Corp Valuation analysis.
  
Appian Corp Invested Capital Average is quite stable at the moment as compared to the past year. The company's current value of Invested Capital Average is estimated at 260.02 Million. Market Capitalization is expected to rise to about 5 B this year, although the value of Capital Expenditure will most likely fall to (6.5 M). 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.

Appian Z Score Analysis

Appian Corp's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2021 2022 (projected)
Tangible Asset Value371.49 M505.92 M469.58 M406.55 M
Market Capitalization2.57 B11.35 B4.64 B5.01 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Appian Corp Z Score

    
  37.2  
Most of Appian Corp's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Appian Corp Cl is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Appian Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Appian Corp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Appian Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Appian Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Appian Corp's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

In accordance with the company's disclosures, Appian Corp Cl has a Z Score of 37.2. This is 176.58% higher than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry. The z score for all United States stocks is notably lower than that of the firm.

Appian Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Appian Corp's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Appian Corp could also be used in its relative valuation, which is a method of valuing Appian Corp by comparing valuation metrics of similar companies.
Appian Corp is currently under evaluation in z score category among related companies.

Appian Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Appian Corp from analyzing Appian Corp's financial statements. These drivers represent accounts that assess Appian Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Appian Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(36.1 K)(46.74 K)(39.78 K)(22.87 K)(49.3 K)(53.19 K)
Revenue Per Employee205.75 K214.31 K204.2 K208.04 K205.37 K193.26 K
Average Assets131.9 M184.03 M287.66 M458.95 M498.35 M421.88 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(28.89 M)(46.99 M)(44.78 M)(26.27 M)(81.75 M)(83.9 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(28.89 M)(46.99 M)(44.78 M)(26.27 M)(81.75 M)(83.9 M)
Earnings before Tax(30.25 M)(49.21 M)(49.89 M)(32.59 M)(87.86 M)(90.18 M)
Average Equity(8.98 M)56.42 M120.03 M272.72 M265.57 M286.54 M
Free Cash Flow(9.56 M)(38.33 M)(41.35 M)(8.87 M)(59.98 M)(61.55 M)
Invested Capital(7.82 M)9.85 M151.52 M295.68 M209.17 M166.53 M
Invested Capital Average3.88 M(2.19 M)55.39 M187 M241 M260.02 M
Tangible Asset Value161.05 M233.18 M371.49 M505.92 M469.58 M406.55 M
Working Capital50.11 M81.22 M165.38 M209.53 M122.54 M119.13 M

Appian Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Appian Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Appian Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Appian Corp's value.
Security TypeSharesValue
Simplex Trading LlcCall Options63.3 KM
Simplex Trading LlcPut Options49.9 K2.4 M
State Of New Jersey Common Pension Fund DCommon Shares47.2 K2.2 M
Chicago Partners Investment Group LlcCommon Shares41.6 KM
Bank Julius Baer Co Ltd ZurichCommon Shares40.1 K1.9 M
Acorn Financial Advisory Services IncCommon Shares32.6 K1.5 M
New York State Common Retirement FundCommon Shares30.4 K1.4 M
Mezzasalma Advisors LlcCommon Shares27.1 K1.3 M
Simplex Trading LlcCommon Shares22.7 K1.1 M

Appian Fundamentals

About Appian Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Appian Corp Cl's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Appian Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Appian Corp Cl based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

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 markets does not have a 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 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 Cl. Please note that most equiteis 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 estimate score, the more favorable is the investor's outlook on Appian Corp.

Appian Corp Implied Volatility

    
  72.88  
Appian Corp's implied volatility exposes the market's sentiment of Appian Corp Cl stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Appian 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 Appian Corp stock will not fluctuate a lot when Appian 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 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.
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 Appian Corp Piotroski F Score and Appian Corp Valuation analysis. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Appian Stock analysis

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
3.6 B
Quarterly Revenue Growth YOY
0.29
Return On Assets
-0.12
Return On Equity
-0.36
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.