Appfolio Stock Odds of Future Stock Price Finishing Under 165.83
| APPF Stock | USD 242.39 5.66 2.39% |
Appfolio |
Appfolio Target Price Odds to finish below 165.83
The tendency of Appfolio 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 drop to $ 165.83 or more in 90 days |
| 242.39 | 90 days | 165.83 | near 1 |
Based on a normal probability distribution, the odds of Appfolio to drop to $ 165.83 or more in 90 days from now is near 1 (This Appfolio probability density function shows the probability of Appfolio Stock to fall within a particular range of prices over 90 days) . Probability of Appfolio price to stay between $ 165.83 and its current price of $242.39 at the end of the 90-day period is under 95 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.29 . 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, Appfolio will likely underperform. Additionally Appfolio has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Appfolio Price Density |
| Price |
Predictive Modules for Appfolio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Appfolio. 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.Appfolio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Appfolio is not an exception. The market had few large corrections towards the Appfolio'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 Appfolio, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Appfolio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 1.29 | |
σ | Overall volatility | 11.65 | |
Ir | Information ratio | 0 |
Appfolio 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 Appfolio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Appfolio can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Appfolios Maurice J. Duca sells shares worth 1.14 million |
Appfolio 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 Appfolio Stock often depends not only on the future outlook of the current and potential Appfolio'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. Appfolio's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.4 M | |
| Cash And Short Term Investments | 211.7 M |
Appfolio Technical Analysis
Appfolio's future price can be derived by breaking down and analyzing its technical indicators over time. Appfolio Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Appfolio. In general, you should focus on analyzing Appfolio Stock price patterns and their correlations with different microeconomic environments and drivers.
Appfolio Predictive Forecast Models
Appfolio's time-series forecasting models is one of many Appfolio'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 Appfolio'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 Appfolio
Checking the ongoing alerts about Appfolio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Appfolio help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Appfolios Maurice J. Duca sells shares worth 1.14 million |
Check out Appfolio Backtesting, Appfolio Valuation, Appfolio Correlation, Appfolio Hype Analysis, Appfolio Volatility, Appfolio History as well as Appfolio Performance. For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Appfolio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.25 | Earnings Share 3.61 | Revenue Per Share 21.111 | Quarterly Revenue Growth 0.244 | Return On Assets 0.1953 |
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
Please note, there is a significant difference between Appfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Appfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Appfolio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.