AppHarvest Alpha and Beta Analysis
| APPHDelisted Stock | USD 0.09 0.06 40.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as AppHarvest. It also helps investors analyze the systematic and unsystematic risks associated with investing in AppHarvest over a specified time horizon. Remember, high AppHarvest's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to AppHarvest's market risk premium analysis include:
Beta 0.56 | Alpha (1.61) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
AppHarvest |
AppHarvest Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. AppHarvest market risk premium is the additional return an investor will receive from holding AppHarvest long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AppHarvest. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate AppHarvest's performance over market.| α | -1.61 | β | 0.56 |
AppHarvest Fundamentals Vs Peers
Comparing AppHarvest's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze AppHarvest's direct or indirect competition across all of the common fundamentals between AppHarvest and the related equities. This way, we can detect undervalued stocks with similar characteristics as AppHarvest or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of AppHarvest's fundamental indicators could also be used in its relative valuation, which is a method of valuing AppHarvest by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare AppHarvest to competition |
| Fundamentals | AppHarvest | Peer Average |
| Revenue | 14.59 M | 9.43 B |
| EBITDA | (107.8 M) | 3.9 B |
| Net Income | (176.65 M) | 570.98 M |
| Cash And Equivalents | 50.94 M | 2.7 B |
| Cash Per Share | 0.48 X | 5.01 X |
| Total Debt | 291.15 M | 5.32 B |
| Debt To Equity | 0.49 % | 48.70 % |
AppHarvest Opportunities
AppHarvest Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Shareholders in AppHarvest are in the red if they invested a year ago | 05/31/2023 |
2 | Appharvest exotic insider transaction detected | 07/20/2023 |
3 | Kentuckys AppHarvest files for bankruptcy as it looks for solutions to cash flow issues | 07/24/2023 |
About AppHarvest Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including AppHarvest or other delisted stocks. Alpha measures the amount that position in AppHarvest has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
AppHarvest Upcoming Company Events
As portrayed in its financial statements, the presentation of AppHarvest's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, AppHarvest's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of AppHarvest's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of AppHarvest. Please utilize our Beneish M Score to check the likelihood of AppHarvest's management manipulating its earnings.
| 2nd of August 2023 Upcoming Quarterly Report | View | |
| 6th of November 2023 Next Financial Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 31st of March 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with AppHarvest
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in AppHarvest Stock
If you are still planning to invest in AppHarvest check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AppHarvest's history and understand the potential risks before investing.
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