Applied Opt Stock Price on October 30, 2024
| AAOI Stock | USD 36.42 0.60 1.62% |
If you're considering investing in Applied Stock, it is important to understand the factors that can impact its price. As of today, the current price of Applied Opt stands at 36.42, as last reported on the 29th of November, with the highest price reaching 38.07 and the lowest price hitting 34.43 during the day. Applied Opt is slightly risky given 3 months investment horizon. Applied Opt secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last 3 months. We were able to break down and interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.06% are justified by taking the suggested risk. Use Applied Opt Mean Deviation of 5.47, risk adjusted performance of 0.1969, and Downside Deviation of 4.36 to evaluate company specific risk that cannot be diversified away.
Applied Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Applied |
Sharpe Ratio = 0.2334
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Estimated Market Risk
| 8.84 actual daily | 78 78% of assets are less volatile |
Expected Return
| 2.06 actual daily | 41 59% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Applied Opt is performing at about 18% 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.
Applied Opt Valuation on October 30, 2024
It is possible to determine the worth of Applied Opt on a given historical date. On October 30, 2024 Applied was worth 15.29 at the beginning of the trading date compared to the closed value of 16.35. 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 | |
| 16.35 | 16.67 | 15.19 | 15.67 | 4,008,423 | |
10/30/2024 | 15.29 | 16.49 | 15.00 | 16.35 | 2,295,611 |
| 16.01 | 16.22 | 15.50 | 15.62 | 1,741,647 |
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Applied Opt Trading Date Momentum on October 30, 2024
| On October 31 2024 Applied Opt was traded for 15.62 at the closing time. The top price for the day was 16.22 and the lowest listed price was 15.50 . The trading volume for the day was 1.7 M. The trading history from October 31, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 4.46% . The overall trading delta against the current closing price is 70.34% . |
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
Applied Optoelectronics, Inc. designs, manufactures, and sells various fiber-optic networking products worldwide. Applied Optoelectronics, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas. Applied Optoelect operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 2534 people.
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.
Price Boundaries
Applied Opt Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Applied Opt November 29, 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.
| Risk Adjusted Performance | 0.1969 | |||
| Jensen Alpha | 2.24 | |||
| Total Risk Alpha | 0.8217 | |||
| Sortino Ratio | 0.4661 | |||
| Treynor Ratio | (2.68) |
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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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