Applovin Corp Stock Probability of Future Stock Price Finishing Over 155.26
| APP Stock | USD 163.53 5.86 3.46% |
Applovin |
Applovin Corp Target Price Odds to finish over 155.26
The tendency of Applovin Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 155.26 in 90 days |
| 163.53 | 90 days | 155.26 | about 10.88 |
Based on a normal probability distribution, the odds of Applovin Corp to stay above $ 155.26 in 90 days from now is about 10.88 (This Applovin Corp probability density function shows the probability of Applovin Stock to fall within a particular range of prices over 90 days) . Probability of Applovin Corp price to stay between $ 155.26 and its current price of $163.53 at the end of the 90-day period is nearly 4.09 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.28 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Applovin Corp will likely underperform. Moreover Applovin Corp has an alpha of 1.1162, implying that it can generate a 1.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Applovin Corp Price Density |
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Predictive Modules for Applovin Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Applovin Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Applovin Corp'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.
Applovin Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Applovin Corp is not an exception. The market had few large corrections towards the Applovin Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Applovin Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Applovin Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.12 | |
β | Beta against Dow Jones | 2.28 | |
σ | Overall volatility | 31.93 | |
Ir | Information ratio | 0.32 |
Applovin Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Applovin Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Applovin Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Applovin Corp appears to be risky and price may revert if volatility continues | |
| Applovin is showing solid risk-adjusted performance over 90 days | |
| Applovin Corp has a strong financial position based on the latest SEC filings | |
| About 59.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Gear Up for AppLovin Q3 Earnings Wall Street Estimates for Key Metrics |
Applovin Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Applovin Stock often depends not only on the future outlook of the current and potential Applovin Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Applovin Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 362.6 M | |
| Cash And Short Term Investments | 502.2 M |
Applovin Corp Technical Analysis
Applovin Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Applovin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Applovin Corp. In general, you should focus on analyzing Applovin Stock price patterns and their correlations with different microeconomic environments and drivers.
Applovin Corp Predictive Forecast Models
Applovin Corp's time-series forecasting models is one of many Applovin Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Applovin Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Applovin Corp
Checking the ongoing alerts about Applovin Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Applovin Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Applovin Corp appears to be risky and price may revert if volatility continues | |
| Applovin is showing solid risk-adjusted performance over 90 days | |
| Applovin Corp has a strong financial position based on the latest SEC filings | |
| About 59.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Gear Up for AppLovin Q3 Earnings Wall Street Estimates for Key Metrics |
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.