Applovin Corp Stock Price on December 3, 2024

APP Stock  USD 338.21  17.15  5.34%   
If you're considering investing in Applovin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Applovin Corp stands at 338.21, as last reported on the 11th of December 2024, with the highest price reaching 339.17 and the lowest price hitting 313.93 during the day. Applovin Corp is very steady given 3 months investment horizon. Applovin Corp secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.03% are justified by taking the suggested risk. Use Applovin Corp Downside Deviation of 4.04, mean deviation of 3.57, and Risk Adjusted Performance of 0.2382 to evaluate company specific risk that cannot be diversified away.
  
At this time, Applovin Corp's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 12/11/2024, Stock Based Compensation is likely to grow to about 381.3 M, while Total Stockholder Equity is likely to drop slightly above 1.1 B. . At this time, Applovin Corp's Price Book Value Ratio is relatively stable compared to the past year. As of 12/11/2024, Price To Book Ratio is likely to grow to 11.72, while Price Earnings To Growth Ratio is likely to drop (0.15). Applovin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2942

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Estimated Market Risk

 6.91
  actual daily
61
61% of assets are less volatile

Expected Return

 2.03
  actual daily
40
60% of assets have higher returns

Risk-Adjusted Return

 0.29
  actual daily
23
77% of assets perform better
Based on monthly moving average Applovin Corp is performing at about 23% 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 Applovin Corp by adding it to a well-diversified portfolio.
Price Book
143.6146
Enterprise Value Ebitda
69.6994
Price Sales
26.7974
Shares Float
205.8 M
Wall Street Target Price
322.0591

Applovin Corp Main Headline on 3rd of December 2024

Blockchain Intelligence Group Launches TokenEyes - First of its kind APP, Providing Crypto Investors Traders with Counterparty Risk Detection ...

Applovin Corp Valuation on December 3, 2024

It is possible to determine the worth of Applovin Corp on a given historical date. On December 3, 2024 Applovin was worth 338.0 at the beginning of the trading date compared to the closed value of 366.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Applovin Corp stock. Still, in general, we apply an absolute valuation method to find Applovin Corp'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 Applovin Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Applovin Corp's related companies.
 Open High Low Close Volume
  335.79    347.60    335.79    340.59    3,804,776  
12/03/2024
  338.00    372.57    338.00    366.55    7,363,555  
  373.00    384.50    368.00    373.70    5,784,049  
Backtest Applovin Corp  |  Applovin Corp History  |  Applovin Corp Valuation   PreviousNext  
Open Value
338.0
317.26
Downside
366.55
Closing Value
358.74
Upside

Applovin Corp Trading Date Momentum on December 3, 2024

On December 04 2024 Applovin Corp was traded for  373.70  at the closing time. Highest Applovin Corp's price during the trading hours was 384.50  and the lowest price during the day was  368.00 . The net volume was 5.8 M. The overall trading history on the 4th of December contributed to the next trading period price gain. The overall trading delta to the next next day price was 1.95% . The overall trading delta to current price is 10.63% .

Applovin Corp Fundamentals Correlations and Trends

By evaluating Applovin Corp'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 Applovin Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Applovin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Applovin Corp Stock history

Applovin Corp 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 Applovin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Applovin Corp 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 Applovin Corp stock prices may prove useful in developing a viable investing in Applovin Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding362.6 M401.5 M
Net Loss-221.7 M-210.6 M

Applovin Corp Quarterly Net Working Capital

930.68 Million

Applovin Corp Stock Technical Analysis

Applovin Corp 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 Applovin Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Applovin Corp 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...

Price Boundaries

Applovin Corp Period Price Range

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Applovin Corp December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Applovin Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Applovin Corp shares will generate the highest return on investment. By undertsting and applying Applovin Corp stock market strength indicators, traders can identify Applovin Corp entry and exit signals to maximize returns

Applovin Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Applovin Corp's price direction in advance. Along with the technical and fundamental analysis of Applovin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Applovin 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.

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.