Applied Stock Performance

APLD
 Stock
  

USD 1.59  0.05  3.05%   

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.
  
Applied Performance
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Over the last 90 days Applied Blockchain has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's essential indicators remain rather sound which may send shares a bit higher in January 2023. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

Applied Price Channel

Begin Period Cash Flow11750000.00
DescriptionApplied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the performance computing industry. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation wa
Total Cashflows From Investing Activities-45871000.00

Applied Blockchain Relative Risk vs. Return Landscape

If you would invest  232.00  in Applied Blockchain on September 11, 2022 and sell it today you would lose (73.00)  from holding Applied Blockchain or give up 31.47% of portfolio value over 90 days. Applied Blockchain is currently does not generate positive expected returns and assumes 5.5886% risk (volatility on return distribution) over the 90 days horizon. In different words, 48% of stocks are less volatile than Applied, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Applied Blockchain is expected to under-perform the market. In addition to that, the company is 3.76 times more volatile than its market benchmark. It trades about -0.08 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.01 per unit of volatility.

Applied Blockchain Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Applied Blockchain's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Applied Blockchain, and traders can use it to determine the average amount a Applied Blockchain's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0772

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Estimated Market Risk
 5.59
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 48 %
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4848
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Based on monthly moving average Applied Blockchain is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Applied Blockchain by adding it to a well-diversified portfolio.

About Applied Blockchain Performance

To evaluate Applied Blockchain Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Applied Blockchain generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Applied Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Applied Blockchain market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Applied's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Applied Blockchain, Inc. designs, develops, and operates datacenters in North America. Applied Blockchain, Inc. was incorporated in 2001 and is based in Dallas, Texas. Applied Blockchain operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 55 people.

Things to note about Applied Blockchain

Checking the ongoing alerts about Applied Blockchain for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Applied Blockchain help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Applied Blockchain Alerts

Equity Alerts and Improvement Suggestions

Applied Blockchain generated a negative expected return over the last 90 days
Applied Blockchain has high historical volatility and very poor performance
Applied Blockchain may become a speculative penny stock
The company currently holds 5.9 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Applied Blockchain has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Applied Blockchain until it has trouble settling it off, either with new capital or with free cash flow. So, Applied Blockchain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Applied Blockchain sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Applied to invest in growth at high rates of return. When we think about Applied Blockchain's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 8.55 M. Net Loss for the year was (22.49 M) with loss before overhead, payroll, taxes, and interest of (957 K).
Applied Blockchain currently holds about 40.83 M in cash with (872 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44.
Roughly 38.0% of Applied Blockchain shares are held by company insiders
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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.
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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.