Applied Opt Stock Price on March 6, 2024

AAOI Stock  USD 32.70  0.39  1.18%   
Below is the normalized historical share price chart for Applied Opt extending back to September 26, 2013. 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 Opt stands at 32.70, as last reported on the 11th of December 2024, with the highest price reaching 32.70 and the lowest price hitting 32.70 during the day.
IPO Date
26th of September 2013
200 Day MA
14.4377
50 Day MA
24.0075
Beta
1.961
 
Yuan Drop
 
Covid
If you're considering investing in Applied Stock, it is important to understand the factors that can impact its price. Applied Opt is somewhat reliable given 3 months investment horizon. Applied Opt secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.65% are justified by taking the suggested risk. Use Applied Opt Risk Adjusted Performance of 0.1481, downside deviation of 6.04, and Mean Deviation of 5.84 to evaluate company specific risk that cannot be diversified away.
  
The Applied Opt's current Stock Based Compensation To Revenue is estimated to increase to 0.06, while Common Stock Shares Outstanding is projected to decrease to under 20 M. . The Applied Opt's current Price Earnings To Growth Ratio is estimated to increase to 0.44, while Price To Sales Ratio is projected to decrease to 1.58. Applied Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.176

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Estimated Market Risk

 9.39
  actual daily
83
83% of assets are less volatile

Expected Return

 1.65
  actual daily
32
68% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Applied Opt is performing at about 13% 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 Opt by adding it to a well-diversified portfolio.
Price Book
7.6857
Enterprise Value Ebitda
(19.35)
Price Sales
7.1184
Shares Float
42.7 M
Wall Street Target Price
22.375

Applied Opt Valuation on March 6, 2024

It is possible to determine the worth of Applied Opt on a given historical date. On March 6, 2024 Applied was worth 14.98 at the beginning of the trading date compared to the closed value of 14.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Applied Opt stock. Still, in general, we apply an absolute valuation method to find Applied Opt'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 Opt where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Applied Opt's related companies.
 Open High Low Close Volume
  14.74    15.21    14.53    14.74    2,330,590  
03/06/2024
  14.98    15.85    14.23    14.90    3,216,329  
  15.01    15.22    14.44    14.84    1,989,277  
Backtest Applied Opt  |  Applied Opt History  |  Applied Opt Valuation   PreviousNext  
Open Value
14.98
14.9
Closing Value
43.16
Upside

Applied Opt Trading Date Momentum on March 6, 2024

On March 07 2024 Applied Opt was traded for  14.84  at the closing time. The top price for the day was 15.22  and the lowest listed price was  14.44 . The trading volume for the day was 2 M. The trading history from March 7, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.40% . The overall trading delta against the current closing price is 14.63% .

Applied Opt Fundamentals Correlations and Trends

By evaluating Applied Opt'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 Opt'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 Opt Stock history

Applied Opt 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 Opt 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 Opt stock prices may prove useful in developing a viable investing in Applied Opt
Last ReportedProjected for Next Year
Common Stock Shares Outstanding31.9 M20 M
Net Loss-59.8 M-56.8 M

Applied Opt Stock Technical Analysis

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

Applied Opt Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Applied Opt cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Opt December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Applied Opt 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 Opt shares will generate the highest return on investment. By undertsting and applying Applied Opt stock market strength indicators, traders can identify Applied Opt entry and exit signals to maximize returns

Applied Opt Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Applied Opt'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.

Complementary Tools for Applied Stock analysis

When running Applied Opt's price analysis, check to measure Applied Opt'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 Opt is operating at the current time. Most of Applied Opt's value examination focuses on studying past and present price action to predict the probability of Applied Opt'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 Opt's price. Additionally, you may evaluate how the addition of Applied Opt to your portfolios can decrease your overall portfolio volatility.
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