Applied Digital Reaches New 1-Year High Heres What Happened
| APLD Stock | USD 6.92 0.04 0.58% |
About 53% of Applied Digital's investor base is interested to short. The analysis of the overall prospects from investing in Applied Digital suggests that many traders are, at the present time, impartial. The current market sentiment, together with Applied Digital's historical and current headlines, can help investors time the market. In addition, many technical investors use Applied Digital stock news signals to limit their universe of possible portfolio assets.
Applied |
Applied Digital Co. s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as 11.07 and last traded at 10.96, with a volume of 9808676 shares traded. The stock had previously closed at 10.04. Analyst Ratings Changes APLD has been the subject
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Applied Digital Fundamental Analysis
We analyze Applied Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Applied Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Applied Digital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Asset
Net Asset Comparative Analysis
Applied Digital is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Applied Digital Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Applied Digital stock to make a market-neutral strategy. Peer analysis of Applied Digital could also be used in its relative valuation, which is a method of valuing Applied Digital by comparing valuation metrics with similar companies.
Peers
Applied Digital Related Equities
| BTBT | Bit Digital | 4.35 | ||||
| BITF | Bitfarms | 3.64 | ||||
| MARA | Marathon Digital | 1.31 | ||||
| MEGL | Magic Empire | 0.69 | ||||
| CLSK | CleanSpark | 0.39 | ||||
| HUT | Hut 8 | 0.43 | ||||
| LAZ | Lazard | 2.83 | ||||
| TOP | Zhong Yang | 4.65 | ||||
| RIOT | Riot Blockchain | 5.08 | ||||
| NCPL | Netcapital | 5.91 |
Complementary Tools for Applied Stock analysis
When running Applied Digital's price analysis, check to measure Applied Digital'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 Digital is operating at the current time. Most of Applied Digital's value examination focuses on studying past and present price action to predict the probability of Applied Digital'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 Digital's price. Additionally, you may evaluate how the addition of Applied Digital to your portfolios can decrease your overall portfolio volatility.
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