Appfolio Inc

10-Year Study

APPF.US · Technology · US · Common Stock

Executive Summary: Appfolio Inc has compounded at 27.5% annually over the last 10 years, with a maximum drawdown of 49.7% and an annualized volatility of 64.8%.

1Y CAGR
-28.5%
3Y CAGR
+2.8%
5Y CAGR
+2.9%
10Y CAGR
+27.5%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
49.7%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.87
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.81
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
37.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +85.7%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · -33.3%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-18.4-6.4-11.2-1.7————————-33.3%
2025-5.2-8.32.5-6.12.39.016.13.7-0.6-7.7-10.31.9-5.7%
202426.610.41.9-8.10.77.1-9.44.71.5-11.722.1-2.842.4%
20236.617.6-5.712.22.520.34.96.7-5.32.70.9-8.564.4%
2022-4.8-1.80.1-8.3-3.5-9.512.3-0.43.319.7-9.0-7.6-13.0%
2021-15.17.3-13.82.3-6.74.70.3-16.61.99.4-8.50.5-32.8%
202019.5-6.4-9.8-1.044.32.6-14.420.7-15.60.714.010.563.7%
20196.914.29.922.3-0.76.1-5.62.3-3.72.216.1-2.685.7%
20182.0-5.31.917.423.53.318.118.3-8.2-27.27.3-3.442.7%
2017-5.09.79.5-2.47.913.87.222.711.8-4.3-6.0-3.874.0%
2016———2.511.63.311.214.65.5-2.015.08.994.9%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 64.8%. The dominant macroeconomic risk driver is VTI.US, accounting for 56.9% of variance. Idiosyncratic stock-specific factors contribute 14.3%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110245.098039215685
2016-05-0111437.908496732025
2016-06-0111813.725490196079
2016-07-0113137.254901960781
2016-08-0115049.01960784314
2016-09-0115882.352941176472
2016-10-0115563.725490196079
2016-11-0117892.156862745098
2016-12-0119485.29411764706
2017-01-0118504.90196078431
2017-02-0120302.287581699344
2017-03-0122222.222222222223
2017-04-0121691.176470588234
2017-05-0123406.862745098035
2017-06-0126633.986928104572
2017-07-0128553.92156862745
2017-08-0135049.01960784314
2017-09-0139174.83660130719
2017-10-0137500
2017-11-0135253.26797385621
2017-12-0133905.228758169935
2018-01-0134599.67320261438
2018-02-0132761.43790849673
2018-03-0133374.183006535946
2018-04-0139174.83660130719
2018-05-0148366.01307189543
2018-06-0149959.15032679738
2018-07-0158986.92810457517
2018-08-0169771.24183006537
2018-09-0164052.28758169935
2018-10-0146650.32679738563
2018-11-0150073.5294117647
2018-12-0148382.35294117647
2019-01-0151723.856209150326
2019-02-0159052.28758169935
2019-03-0164869.28104575163
2019-04-0179338.23529411765
2019-05-0178758.16993464052
2019-06-0183553.92156862745
2019-07-0178880.71895424837
2019-08-0180694.44444444445
2019-09-0177728.75816993463
2019-10-0179436.27450980392
2019-11-0192254.90196078431
2019-12-0189828.43137254902
2020-01-01107385.62091503268
2020-02-01100465.6862745098
2020-03-0190645.4248366013
2020-04-0189754.90196078431
2020-05-01129501.63398692811
2020-06-01132933.0065359477
2020-07-01113741.83006535948
2020-08-01137279.41176470587
2020-09-01115857.84313725491
2020-10-01116723.85620915034
2020-11-01133112.74509803922
2020-12-01147091.50326797384
2021-01-01124844.77124183007
2021-02-01134003.26797385621
2021-03-01115531.045751634
2021-04-01118161.76470588235
2021-05-01110204.24836601305
2021-06-01115359.47712418299
2021-07-01115686.27450980392
2021-08-0196486.92810457516
2021-09-0198366.01307189543
2021-10-01107589.86928104574
2021-11-0198439.54248366012
2021-12-0198905.22875816993
2022-01-0194166.66666666666
2022-02-0192434.64052287582
2022-03-0192491.83006535948
2022-04-0184852.94117647057
2022-05-0181846.40522875817
2022-06-0174052.28758169935
2022-07-0183178.1045751634
2022-08-0182826.79738562091
2022-09-0185555.55555555555
2022-10-01102426.47058823529
2022-11-0193210.78431372548
2022-12-0186094.77124183005
2023-01-0191772.87581699346
2023-02-01107892.15686274509
2023-03-01101699.34640522875
2023-04-01114068.62745098039
2023-05-01116952.61437908497
2023-06-01140637.25490196078
2023-07-01147540.8496732026
2023-08-01157491.83006535948
2023-09-01149207.51633986927
2023-10-01153243.46405228757
2023-11-01154616.01307189543
2023-12-01141535.9477124183
2024-01-01179133.98692810457
2024-02-01197785.9477124183
2024-03-01201584.96732026144
2024-04-01185277.77777777778
2024-05-01186535.94771241827
2024-06-01199812.091503268
2024-07-01180947.71241830062
2024-08-01189534.31372549018
2024-09-01192320.2614379085
2024-10-01169828.43137254904
2024-11-01207312.091503268
2024-12-01201568.6274509804
2025-01-01191102.94117647057
2025-02-01175245.09803921566
2025-03-01179656.86274509804
2025-04-01168725.49019607846
2025-05-01172524.50980392154
2025-06-01188137.25490196078
2025-07-01218447.71241830062
2025-08-01226617.64705882352
2025-09-01225212.4183006536
2025-10-01207867.64705882352
2025-11-01186503.26797385621
2025-12-01190073.5294117647
2026-01-01155130.71895424835
2026-02-01145228.75816993462
2026-03-01128937.90849673202
2026-04-01126805.55555555555
Annual Return Matrix
YearAnnual Return
20170.7400419287211739
20180.4269879518072288
20190.8566362715298885
20200.6374715779899953
2021-0.3275938680293268
2022-0.12952255080125563
20230.6439552097172141
20240.4241514661740937
2025-0.05702821011673154
2026-0.3328605200945627
Total Factor Risk
0.6483503966141524
VTI.US Exposure
0.5691901134190205
VEA.US Exposure
0.006438059461835986
VWO.US Exposure
-0.002456564489445042
QQQ.US Exposure
-0.045831887786515944
VTV.US Exposure
0.0058211569104825835
IJR.US Exposure
-0.016181680061927498
QUAL.US Exposure
-0.017867822004565808
SHV.US Exposure
0.33906859714327325
TLT.US Exposure
0.0024229371996038747
LQD.US Exposure
0.0017956896747571554
HYG.US Exposure
0.009317717512105831
GLD.US Exposure
-0.0005934995010590141
USO.US Exposure
0.001719147044997425
VNQ.US Exposure
-0.0018262286189986976
BTC-USD.CC Exposure
-0.00017063436230024581
CPER.US Exposure
0.0010263950142144031
VIX.INDX Exposure
0.0022696327031504313
UUP.US Exposure
0.002904424880844397
TIP.US Exposure
0.00029005366020791245
Idiosyncratic Exposure
0.14266439220031854
Value Score
33.8
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
64.8%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →40.5x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$5.7B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-8.3%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-32.1%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
51.7% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.84
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Appfolio Inc a high-risk investment?

Appfolio Inc (APPF.US) has an annualized volatility of 64.8% and experienced a maximum drawdown of 49.7% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of APPF.US?

Over the past 10 years, APPF.US has generated a Compound Annual Growth Rate (CAGR) of 27.5%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on Appfolio Inc

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest