Applovin Cash And Short Term Investments from 2010 to 2024

APP Stock  USD 344.82  3.83  1.12%   
Applovin Corp Cash And Short Term Investments yearly trend continues to be relatively stable with very little volatility. Cash And Short Term Investments are likely to grow to about 839.7 M this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-12-31
Previous Quarter
502.2 M
Current Value
839.7 M
Quarterly Volatility
338.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Applovin Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Applovin Corp's main balance sheet or income statement drivers, such as Interest Expense of 289.4 M, Ebit of 684.5 M or Income Tax Expense of 25.1 M, as well as many indicators such as Price To Sales Ratio of 4.06, Dividend Yield of 0.0 or PTB Ratio of 11.72. Applovin financial statements analysis is a perfect complement when working with Applovin Corp Valuation or Volatility modules.
  
Check out the analysis of Applovin Corp Correlation against competitors.
To learn how to invest in Applovin Stock, please use our How to Invest in Applovin Corp guide.

Latest Applovin Corp's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Applovin Corp over the last few years. Short Term Investments is an account in the current assets section of Applovin Corp balance sheet. This account contains Applovin Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Applovin Corp fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Applovin Corp's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Applovin Corp's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Applovin Cash And Short Term Investments Regression Statistics

Arithmetic Mean548,166,789
Geometric Mean487,647,041
Coefficient Of Variation61.67
Mean Deviation239,485,930
Median396,247,000
Standard Deviation338,062,842
Sample Variance114286.5T
Range1.2B
R-Value0.54
Mean Square Error87246.1T
R-Squared0.29
Significance0.04
Slope40,787,414
Total Sum of Squares1600010.8T

Applovin Cash And Short Term Investments History

2024839.7 M
2023502.2 M
20221.1 B
20211.5 B
2020317.2 M

About Applovin Corp Financial Statements

Applovin Corp shareholders use historical fundamental indicators, such as Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Applovin Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Applovin Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Applovin Corp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash And Short Term Investments502.2 M839.7 M

Pair Trading with Applovin 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 Applovin 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 Applovin Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Applovin Stock

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Moving against Applovin Stock

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The ability to find closely correlated positions to Applovin 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 Applovin 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 Applovin 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 Applovin Corp to buy it.
The correlation of Applovin Corp is a statistical measure of how it moves in relation to other instruments. 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 Applovin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applovin 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 Applovin 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

Additional Tools for Applovin Stock Analysis

When running Applovin Corp's price analysis, check to measure Applovin 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 Applovin Corp is operating at the current time. Most of Applovin Corp's value examination focuses on studying past and present price action to predict the probability of Applovin 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 Applovin Corp's price. Additionally, you may evaluate how the addition of Applovin Corp to your portfolios can decrease your overall portfolio volatility.