Appfolio Competitors
| APPF Stock | USD 183.79 4.06 2.26% |
Appfolio vs Descartes Systems Correlation
Poor diversification
The correlation between Appfolio and DSGX is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Appfolio and DSGX in the same portfolio, assuming nothing else is changed.
Moving together with Appfolio Stock
| 0.7 | U | Unity Software Buyout Trend | PairCorr |
| 0.93 | DT | Dynatrace Holdings LLC | PairCorr |
| 0.79 | MQ | Marqeta | PairCorr |
| 0.85 | PD | Pagerduty | PairCorr |
| 0.77 | DOMO | Domo Inc | PairCorr |
Moving against Appfolio Stock
| 0.48 | SLF | Sun Life Financial Earnings Call This Week | PairCorr |
Appfolio Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Appfolio and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Appfolio and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Appfolio does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Appfolio Stock performing well and Appfolio Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Appfolio's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OTEX | 1.45 | (0.48) | 0.00 | 5.30 | 0.00 | 1.45 | 8.89 | |||
| IDCC | 1.84 | 0.06 | (0.01) | (0.66) | 2.44 | 5.50 | 13.49 | |||
| PEGA | 2.22 | (0.59) | 0.00 | (1.09) | 0.00 | 4.59 | 15.04 | |||
| PAYC | 1.59 | (0.57) | 0.00 | (0.58) | 0.00 | 2.58 | 11.72 | |||
| NICE | 1.67 | (0.21) | 0.00 | (0.33) | 0.00 | 3.24 | 18.80 | |||
| GTM | 2.04 | (0.53) | 0.00 | 1.81 | 0.00 | 4.11 | 17.95 | |||
| MANH | 1.54 | (0.26) | 0.00 | (4.26) | 0.00 | 2.52 | 13.27 | |||
| TTAN | 2.49 | (0.57) | 0.00 | (5.13) | 0.00 | 3.89 | 21.98 | |||
| ESTC | 2.30 | (0.61) | 0.00 | (0.44) | 0.00 | 3.82 | 18.64 | |||
| DSGX | 1.56 | (0.35) | 0.00 | (0.66) | 0.00 | 2.02 | 23.15 |
Appfolio Competitive Analysis
The better you understand Appfolio competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Appfolio's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Appfolio's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Appfolio Competition Performance Charts
Five steps to successful analysis of Appfolio Competition
Appfolio's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Appfolio in relation to its competition. Appfolio's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Appfolio in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Appfolio's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Appfolio, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Appfolio position
In addition to having Appfolio in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run USD Crypto Fund Thematic Idea Now
USD Crypto Fund
Fund from digital currency traded on multiple global exchanges in US dollors. The USD Crypto Fund theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize USD Crypto Fund Theme or any other thematic opportunities.
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Check out Appfolio Correlation with its peers. For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Can Application Software industry sustain growth momentum? Does Appfolio have expansion opportunities? Factors like these will boost the valuation of Appfolio. If investors know Appfolio will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Appfolio demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
The market value of Appfolio is measured differently than its book value, which is the value of Appfolio that is recorded on the company's balance sheet. Investors also form their own opinion of Appfolio's value that differs from its market value or its book value, called intrinsic value, which is Appfolio's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Appfolio's market value can be influenced by many factors that don't directly affect Appfolio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Appfolio's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Appfolio represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Appfolio's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.