Applied Stock Market Value

APLD
 Stock
  

USD 1.59  0.05  3.05%   

Applied Blockchain's market value is the price at which a share of Applied Blockchain stock trades on a public exchange. It measures the collective expectations of Applied Blockchain investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Applied Blockchain and determine expected loss or profit from investing in Applied Blockchain over a given investment horizon. Please continue to Applied Blockchain Correlation, Applied Blockchain Volatility and Applied Blockchain Alpha and Beta module to complement your research on Applied Blockchain.
Symbol


Is Applied Blockchain'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 Applied Blockchain. If investors know Applied 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 Applied Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Applied Blockchain is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Applied Blockchain'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 Applied Blockchain's market value can be influenced by many factors that don't directly affect Applied Blockchain'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 Applied Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine Applied Blockchain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Blockchain'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.

Applied Blockchain '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 Applied Blockchain'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 Applied Blockchain.
0.00
09/11/2022
No Change 0.00  0.0 
In 2 months and 31 days
12/10/2022
0.00
If you would invest  0.00  in Applied Blockchain on September 11, 2022 and sell it all today you would earn a total of 0.00 from holding Applied Blockchain or generate 0.0% return on investment in Applied Blockchain over 90 days. Applied Blockchain is related to or competes with Beijing Capital, Airports, SIA Engineering, Atlas Air, Auckland International, and Saker Aviation. Applied Blockchain, Inc. designs, develops, and operates datacenters in North America More

Applied Blockchain 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 Applied Blockchain'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 Applied Blockchain upside and downside potential and time the market with a certain degree of confidence.

Applied Blockchain Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Applied Blockchain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Applied Blockchain's standard deviation. In reality, there are many statistical measures that can use Applied Blockchain historical prices to predict the future Applied Blockchain's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Applied Blockchain'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 Applied Blockchain in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.081.647.22
Details
Intrinsic
Valuation
LowReal ValueHigh
0.081.557.13
Details
Naive
Forecast
LowNext ValueHigh
0.0308511.547.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.562.102.63
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Applied Blockchain. Your research has to be compared to or analyzed against Applied Blockchain's peers to derive any actionable benefits. When done correctly, Applied Blockchain's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Applied Blockchain.

Applied Blockchain Backtested Returns

Applied Blockchain secures Sharpe Ratio (or Efficiency) of -0.0772, which signifies that the company had -0.0772% of return per unit of risk over the last 3 months. Macroaxis 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. Applied Blockchain exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Applied Blockchain mean deviation of 4.17, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.8022, which signifies a somewhat significant risk relative to the market. Let's try to break down what Applied's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Applied Blockchain will likely underperform. Even though it is essential to pay attention to Applied Blockchain 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. Applied Blockchain exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Applied Blockchain has an expected return of -0.43%. Please be advised to confirm Applied Blockchain downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness to decide if Applied Blockchain performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.42  

Modest reverse predictability

Applied Blockchain has modest reverse predictability. Overlapping area represents the amount of predictability between Applied Blockchain time series from 11th of September 2022 to 26th of October 2022 and 26th of October 2022 to 10th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Applied Blockchain price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Applied Blockchain price fluctuation can be explain by its past prices.
Correlation Coefficient-0.42
Spearman Rank Test0.02
Residual Average0.0
Price Variance0.06

Applied Blockchain lagged returns against current returns

Autocorrelation, which is Applied Blockchain 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 Applied Blockchain's stock expected returns. We can calculate the autocorrelation of Applied Blockchain returns to help us make a trade decision. For example, suppose you find that Applied Blockchain 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   
Share
       Timeline  

Applied Blockchain 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 Applied Blockchain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Applied Blockchain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Applied Blockchain stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Applied Blockchain Lagged Returns

When evaluating Applied Blockchain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Applied Blockchain stock have on its future price. Applied Blockchain 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, Applied Blockchain autocorrelation shows the relationship between Applied Blockchain stock current value and its past values and can show if there is a momentum factor associated with investing in Applied Blockchain.
   Regressed Prices   
Share
       Timeline  

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 Applied Blockchain 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, Applied Blockchain's short interest history, or implied volatility extrapolated from Applied Blockchain options trading.

Pair Trading with Applied Blockchain

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 Applied Blockchain 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 Applied Blockchain will appreciate offsetting losses from the drop in the long position's value.

Moving together with Applied Blockchain

+0.64MMM3M Company Sell-off TrendPairCorr
+0.82BACBank Of America Sell-off TrendPairCorr
+0.61JPMJPMorgan Chase Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Applied Blockchain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied Blockchain 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 Applied Blockchain - 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 Applied Blockchain to buy it.
The correlation of Applied Blockchain 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 Applied Blockchain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied Blockchain 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 Applied Blockchain 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 Applied Blockchain Correlation, Applied Blockchain Volatility and Applied Blockchain Alpha and Beta module to complement your research on Applied Blockchain. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for analysis

When running Applied Blockchain price analysis, check to measure Applied Blockchain'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 Applied Blockchain is operating at the current time. Most of Applied Blockchain's value examination focuses on studying past and present price action to predict the probability of Applied Blockchain's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Applied Blockchain's price. Additionally, you may evaluate how the addition of Applied Blockchain to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Applied Blockchain 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.
A focus of Applied Blockchain technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Applied Blockchain trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...