Appen Ltd

10-Year Study

APX.AU · Technology · AU · Common Stock

Executive Summary: Appen Ltd has compounded at -2.9% annually over the last 10 years, with a maximum drawdown of 99.0% and an annualized volatility of 137.4%.

1Y CAGR
+28.9%
3Y CAGR
-19.7%
5Y CAGR
-34.2%
10Y CAGR
-2.9%

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 →
99.0%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.37
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.84
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
85.4%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2024 · +319.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -77.7%
% 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.
2026131.30.8-24.17.1————————89.4%
20254.2-52.5-21.5-22.050.0-6.7-19.6-3.9-1.2-9.4-7.711.9-69.7%
2024-48.473.83.56.0-9.7-16.159.633.396.02.618.410.9319.0%
20232.8-9.421.611.33.5-24.4-5.0-30.2-21.8-27.4-23.60.8-71.4%
2022-13.8-27.2-1.1-3.8-3.2-13.03.4-35.7-16.4-18.65.1-6.7-77.7%
2021-9.6-25.3-5.2-1.1-14.41.5-16.5-5.5-16.620.0-10.816.4-54.8%
202012.9-18.3-5.031.219.210.15.1-2.6-1.8-5.2-2.4-21.79.9%
201924.446.7-4.813.62.87.59.7-15.6-18.33.412.0-8.375.1%
20185.918.1-14.48.45.930.9-18.841.2-8.9-23.830.6-7.754.4%
2017-1.4-4.3-1.10.438.08.74.512.511.13.632.216.4192.6%
2016———15.125.712.616.612.9-3.8-8.2-15.611.878.6%

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 137.4%. The dominant macroeconomic risk driver is SHV.US, accounting for 51.9% of variance. Idiosyncratic stock-specific factors contribute 26.2%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0111509.675583380764
2016-05-0114465.70859419465
2016-06-0116289.129197495733
2016-07-0118994.02390438247
2016-08-0121446.357427433126
2016-09-0120628.91291974957
2016-10-0118930.70574843483
2016-11-0115974.672737620946
2016-12-0117861.411496869667
2017-01-0117610.273192942517
2017-02-0116855.435401252136
2017-03-0116666.903813318153
2017-04-0116729.510529311327
2017-05-0123081.957882754697
2017-06-0125094.621513944225
2017-07-0126226.522481502565
2017-08-0129497.01195219123
2017-09-0132767.501422879915
2017-10-0133962.720546385885
2017-11-0144906.089926010245
2017-12-0152264.51337507115
2018-01-0155346.47125782584
2018-02-0165346.47125782584
2018-03-0155912.06602162778
2018-04-0160629.624359704045
2018-05-0164214.570290267504
2018-06-0184088.64541832669
2018-07-0168302.50426863974
2018-08-0196415.76550939101
2018-09-0187862.12293682412
2018-10-0166918.75355719977
2018-11-0187421.74160500854
2018-12-0180692.23107569721
2019-01-01100377.77461582243
2019-02-01147233.92145702904
2019-03-01140126.6363118953
2019-04-01159246.58508821856
2019-05-01163711.58224245874
2019-06-01176038.70233352308
2019-07-01193145.9874786568
2019-08-01162957.45589072283
2019-09-01133082.66932270917
2019-10-01137548.37791690382
2019-11-01154026.03870233352
2019-12-01141258.53727945362
2020-01-01159435.11667615254
2020-02-01130315.16789982925
2020-03-01123837.50711439954
2020-04-01162453.75640295958
2020-05-01193712.29368241323
2020-06-01213335.23050654522
2020-07-01224215.28173022196
2020-08-01218303.2157085942
2020-09-01214341.2066021628
2020-10-01203271.91235059762
2020-11-01198429.14058053502
2020-12-01155283.86454183268
2021-01-01140441.09277177008
2021-02-01104969.40808195788
2021-03-0199560.33010813886
2021-04-0198491.03585657371
2021-05-0184277.17700626067
2021-06-0185535.00284575982
2021-07-0171447.0688673876
2021-08-0167547.66647694935
2021-09-0156352.447353443364
2021-10-0167610.2731929425
2021-11-0160315.16789982925
2021-12-0170189.24302788844
2022-01-0160503.69948776324
2022-02-0144025.32726237906
2022-03-0143522.33921457029
2022-04-0141887.45019920319
2022-05-0140566.30620375641
2022-06-0135283.1531018782
2022-07-0136478.37222538418
2022-08-0123459.021058622653
2022-09-0119622.936824132044
2022-10-0115974.672737620946
2022-11-0116792.828685258963
2022-12-0115660.21627774616
2023-01-0116100.597609561755
2023-02-0114591.633466135461
2023-03-0117736.198064883323
2023-04-0119748.861696072854
2023-05-0120446.07285145134
2023-06-0115463.858850313034
2023-07-0114687.677859988615
2023-08-0110255.406943653956
2023-09-018022.908366533864
2023-10-015823.136027319294
2023-11-014446.499715424018
2023-12-014482.07171314741
2024-01-012312.1798520204893
2024-02-014019.635742743312
2024-03-014161.923733636881
2024-04-014410.927717700626
2024-05-013984.0637450199206
2024-06-013343.7677859988617
2024-07-015335.799658508822
2024-08-017114.399544678429
2024-09-0113944.223107569722
2024-10-0114299.94308480364
2024-11-0116932.270916334663
2024-12-0118782.014797951055
2025-01-0119564.59874786568
2025-02-019284.29140580535
2025-03-017292.25953329539
2025-04-015691.519635742743
2025-05-018537.279453614115
2025-06-017968.127490039841
2025-07-016402.959590210587
2025-08-016153.955606146841
2025-09-016082.811610700058
2025-10-015513.659647125783
2025-11-015086.795674445077
2025-12-015691.519635742743
2026-01-0113161.639157655094
2026-02-0113268.355150825271
2026-03-0110066.875355719978
2026-04-0110778.31531018782
Annual Return Matrix
YearAnnual Return
20171.9261132796940967
20180.5439200686059649
20190.7505841069995856
20200.09928835122108448
2021-0.5479939706872774
2022-0.7768858075371485
2023-0.7137924768308195
20243.1904761904761907
2025-0.696969696969697
20260.8937499999999998
Total Factor Risk
1.3741326932437181
VTI.US Exposure
0.003790475521997005
VEA.US Exposure
-0.018373893066926848
VWO.US Exposure
0.042168184943397406
QQQ.US Exposure
0.016917650362287744
VTV.US Exposure
0.05346043616630921
IJR.US Exposure
0.011727351241258337
QUAL.US Exposure
0.06570171500561414
SHV.US Exposure
0.518832489230174
TLT.US Exposure
0.023170329575152953
LQD.US Exposure
-0.002133122194347834
HYG.US Exposure
-0.0008085122545643086
GLD.US Exposure
0.004258017768549923
USO.US Exposure
-0.0002883610146318155
VNQ.US Exposure
0.003922370616785734
BTC-USD.CC Exposure
0.002841718310796011
CPER.US Exposure
-0.002871351866410605
VIX.INDX Exposure
0.009331669898108177
UUP.US Exposure
0.0005799617419135141
TIP.US Exposure
0.005730728449778231
Idiosyncratic Exposure
0.26204214156475913
Value Score
50
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
137.4%

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 →N/A
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$372.5M
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 →
-3.0%
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 →
+42.3%
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 →
20.3% 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 →
1.82
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Appen Ltd a high-risk investment?

Appen Ltd (APX.AU) has an annualized volatility of 137.4% and experienced a maximum drawdown of 99.0% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of APX.AU?

Over the past 10 years, APX.AU has generated a Compound Annual Growth Rate (CAGR) of -2.9%. 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.

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