Applied Industrial Technologies Stock Price on November 29, 2024
| AIT Stock | USD 273.90 6.59 2.35% |
Below is the normalized historical share price chart for Applied Industrial Technologies extending back to November 06, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Applied Industrial stands at 273.90, as last reported on the 29th of November, with the highest price reaching 282.98 and the lowest price hitting 273.09 during the day.
If you're considering investing in Applied Stock, it is important to understand the factors that can impact its price. Applied Industrial appears to be very steady, given 3 months investment horizon. Applied Industrial secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. By analyzing Applied Industrial's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of Applied Industrial's Downside Deviation of 1.21, mean deviation of 1.36, and Risk Adjusted Performance of 0.1682 to double-check if our risk estimates are consistent with your expectations.
At this time, Applied Industrial's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 3.1 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 8 M in 2024. . At this time, Applied Industrial's Price Fair Value is comparatively stable compared to the past year. Applied Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of September 1984 | 200 Day MA 206.0802 | 50 Day MA 241.035 | Beta 1.024 |
Applied |
Sharpe Ratio = 0.2414
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Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Applied Industrial is performing at about 19% 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 Industrial by adding it to a well-diversified portfolio.
Price Book 6.0103 | Enterprise Value Ebitda 18.7775 | Price Sales 2.3489 | Shares Float 38.1 M | Dividend Share 1.46 |
Applied Industrial Main Headline on 29th of November 2024
Insider Trading by Richard Wagner
Filed transaction by Applied Industrial Technologies Officer Chief Accounting Officer. Insider Public Trading
Applied Industrial Valuation on November 29, 2024
It is possible to determine the worth of Applied Industrial on a given historical date. On November 29, 2024 Applied was worth 281.13 at the beginning of the trading date compared to the closed value of 273.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Applied Industrial stock. Still, in general, we apply an absolute valuation method to find Applied Industrial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Applied Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Applied Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 281.13 | 282.98 | 273.09 | 273.90 | 294,307 | |
11/29/2024 | 281.13 | 282.98 | 273.09 | 273.90 | 0.00 |
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Applied Industrial Trading Date Momentum on November 29, 2024
| On November 29 2024 Applied Industrial Technologies was traded for 273.90 at the closing time. Highest Applied Industrial's price during the trading hours was 282.98 and the lowest price during the day was 273.09 . There was no trading activity during the period 0.0. Lack of trading volume on the 29th of November did not affect price variability. The overall trading delta to current price is 2.64% . |
Applied Industrial Fundamentals Correlations and Trends
By evaluating Applied Industrial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Applied Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Applied financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Applied Industrial Stock history
Applied Industrial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Applied is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Applied Industrial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Applied Industrial stock prices may prove useful in developing a viable investing in Applied Industrial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 39.3 M | 33.3 M | |
| Net Income Applicable To Common Shares | 398.7 M | 418.7 M |
Applied Industrial Quarterly Net Working Capital |
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Applied Industrial Stock Technical Analysis
Applied Industrial 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.
Price Boundaries
Applied Industrial Period Price Range
Low | November 29, 2024
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0.00 | 0.00 |
Applied Industrial Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Applied Industrial November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Applied Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Applied Industrial shares will generate the highest return on investment. By undertsting and applying Applied Industrial stock market strength indicators, traders can identify Applied Industrial Technologies entry and exit signals to maximize returns
Applied Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Applied Industrial's price direction in advance. Along with the technical and fundamental analysis of Applied Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Applied to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1682 | |||
| Jensen Alpha | 0.202 | |||
| Total Risk Alpha | 0.1243 | |||
| Sortino Ratio | 0.2853 | |||
| Treynor Ratio | 0.2059 |
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Additional Tools for Applied Stock Analysis
When running Applied Industrial's price analysis, check to measure Applied Industrial'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 Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.