Applied Digital Stock Alpha and Beta Analysis
| APLD Stock | USD 9.11 1.31 16.79% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Applied Digital. It also helps investors analyze the systematic and unsystematic risks associated with investing in Applied Digital over a specified time horizon. Remember, high Applied Digital'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 Applied Digital's market risk premium analysis include:
Beta (1.16) | Alpha 0.12 | Risk 6.79 | Sharpe Ratio 0.092 | Expected Return 0.62 |
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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.
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Applied Digital Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Applied Digital market risk premium is the additional return an investor will receive from holding Applied Digital 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 Applied Digital. 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 Applied Digital's performance over market.| α | 0.12 | β | -1.17 |
Applied Digital expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Applied Digital's Buy-and-hold return. Our buy-and-hold chart shows how Applied Digital performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Applied Digital Market Price Analysis
Market price analysis indicators help investors to evaluate how Applied Digital 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 Digital shares will generate the highest return on investment. By understating and applying Applied Digital stock market price indicators, traders can identify Applied Digital position entry and exit signals to maximize returns.
Applied Digital Return and Market Media
The median price of Applied Digital for the period between Sun, Oct 6, 2024 and Sat, Jan 4, 2025 is 8.08 with a coefficient of variation of 12.86. The daily time series for the period is distributed with a sample standard deviation of 1.07, arithmetic mean of 8.3, and mean deviation of 0.88. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Applied Digital Corporation Reports Decent Q1 Performance Amid Strategic Expansion | 10/10/2024 |
2 | Disposition of 80000 shares by Nottenburg Richard N of Applied Blockchain at 7.368 subject to Rule 16b-3 | 10/14/2024 |
3 | Insider Trading | 10/15/2024 |
4 | Applied Digital Sets New 52-Week High Whats Next | 10/24/2024 |
5 | Disposition of 19369 shares by Nottenburg Richard N of Applied Blockchain at 7.5052 subject to Rule 16b-3 | 11/07/2024 |
6 | Applied Digital Unusual Options Activity | 11/19/2024 |
7 | Acquisition by Cummins Wes of 83333 shares of Applied Blockchain subject to Rule 16b-3 | 11/22/2024 |
8 | Acquisition by Michael Maniscalco of 12500 shares of Applied Blockchain subject to Rule 16b-3 | 11/25/2024 |
9 | Disposition of 50000 shares by Nottenburg Richard N of Applied Blockchain at 9.2 subject to Rule 16b-3 | 11/27/2024 |
10 | After Leaping 56 percent Applied Digital Corporation Shares Are Not Flying Under The Radar | 12/02/2024 |
11 | Applied Digital Corp Trading 4.57 percent Higher on Dec 5 | 12/05/2024 |
12 | Applied Digital Corporation is a Great Momentum Stock Should You Buy | 12/06/2024 |
13 | Worthington Enterprises, Red Cat Holdings, And 3 More Stocks To Watch As US Futures Trade Lower On Tuesday | 12/17/2024 |
14 | Applied Digital Sets Fiscal Second Quarter 2025 Conference Call for Tuesday, January 14, 2025, at 500 p.m. Eastern Time | 12/19/2024 |
About Applied Digital 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 Applied or other stocks. Alpha measures the amount that position in Applied Digital 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.
| 2024 | 2025 (projected) | Payables Turnover | 0.82 | 0.78 | Days Of Inventory On Hand | 33.89 | 32.2 |
Applied Digital Upcoming Company Events
As portrayed in its financial statements, the presentation of Applied Digital's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Applied Digital's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Applied Digital's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Applied Digital. Please utilize our Beneish M Score to check the likelihood of Applied Digital's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 22nd of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 22nd of July 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of May 2023 Last Financial Announcement | View |
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Check out Applied Digital Backtesting, Applied Digital Valuation, Applied Digital Correlation, Applied Digital Hype Analysis, Applied Digital Volatility, Applied Digital History and analyze Applied Digital Performance. For information on how to trade Applied Stock refer to our How to Trade Applied Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Applied Digital 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.