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Is Anaplan (NYSE:PLAN) a new disruptor?
 | By Raphi Shpitalnik | Macroaxis Story |
It seems Anaplan will continue to recover much faster as its share price surged up 0.18% today. The company's current daily volatility is 2.4 percent, with a beta of 0.32 and an alpha of 0.39 over DOW. While some millenniums are indifferent towards elevated trading volume, it makes sense to outline Anaplan. We will evaluate why we are still optimistic in anticipation of a recovery.
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Reviewed by Gabriel Shpitalnik
This firm conducts business under Technology sector and is part of Software—Infrastructure industry. Anaplan has performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.3193, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Anaplan's beta means in this case. As returns on the market increase, Anaplan returns are expected to increase less than the market. However, during the bear market, the loss on holding Anaplan will be expected to be smaller as well. Although it is extremely important to respect Anaplan historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Anaplan technical indicators, you can presently evaluate if the expected return of 0.13% will be sustainable into the future. Anaplan right now shows a risk of 2.4%. Please confirm Anaplan jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Anaplan will be following its price patterns.
How important is Anaplan's Liquidity
Anaplan financial leverage refers to using borrowed capital as a funding source to finance Anaplan ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Anaplan financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Anaplan's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Anaplan's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Anaplan's total debt and its cash.
Anaplan Correlation with Peers
Investors in Anaplan can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Anaplan. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Anaplan and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Anaplan is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Anaplan for more details
Breaking down Anaplan Indicators
We consider Anaplan very steady. Anaplan secures Sharpe Ratio (or Efficiency) of 0.0561, which signifies that the company had 0.0561% of return per unit of standard deviation over the last month. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Anaplan, which you can use to evaluate future volatility of the firm. Please confirm Anaplan risk adjusted performance of 0.1562, and Mean Deviation of 2.14 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Anaplan. Please refer to our Terms of Use for any information regarding our disclosure principles.