Statistics of Price Movements of Apollo Endosurgery Inc (APEN)

The price movements of Apollo Endosurgery Inc (ticker APEN) are summarized in five ways:

Table 1. Statistics of daily price changes using the closing prices
Table 2. Statistics of daily price changes using the closing and opening prices
Table 3 – 7. Statistics of daily price changes when APEN opened with an increase of 1%, 2%, 3%, 4%, or more than 5%
Table 8 – 10. Statistics of stock price changes in the 20 days after APEN had a big price move
Table 11. Statistics of daily price changes in the 20 days after APEN moved 5% with twice the 30-day average volume

The statistics are calculated using APEN's price data across 1,026 trading days from 2016 to 2020.

Table 1. Statistics of APEN one-day price changes

In this table, the one-day price change is calculated using the closing price and the previous day's closing price.

In the past 1,026 trading days, 43.0% of the time (441 days), APEN closed above the previous day's closing price. 49.0% of the time (502 days), it closed below the previous day's closing price. 8.0% of the time (82 days), it did not change.

Also see: VIX price movement study.

APEN Price Change (%)	Number of Days	% of Total Sessions
73 – 74%	1	0.10%
54 – 55%	1	0.10%
41 – 42%	1	0.10%
32 – 33%	1	0.10%
24 – 25%	1	0.10%
21 – 22%	1	0.10%
20 – 21%	1	0.10%
19 – 20%	1	0.10%
18 – 19%	1	0.10%
17 – 18%	2	0.20%
15 – 16%	1	0.10%
14 – 15%	2	0.20%
13 – 14%	4	0.39%
12 – 13%	4	0.39%
11 – 12%	3	0.29%
10 – 11%	4	0.39%
9 – 10%	7	0.68%
8 – 9%	9	0.88%
7 – 8%	18	1.76%
6 – 7%	29	2.83%
5 – 6%	32	3.12%
4 – 5%	34	3.32%
3 – 4%	56	5.46%
2 – 3%	54	5.27%
1 – 2%	78	7.61%
0 – 1%	95	9.27%
0%	82	8.00%
0 – -1%	113	11.02%
-1 – -2%	96	9.37%
-2 – -3%	74	7.22%
-3 – -4%	65	6.34%
-4 – -5%	40	3.90%
-5 – -6%	30	2.93%
-6 – -7%	24	2.34%
-7 – -8%	14	1.37%
-8 – -9%	14	1.37%
-9 – -10%	6	0.59%
-10 – -11%	2	0.20%
-11 – -12%	6	0.59%
-12 – -13%	3	0.29%
-13 – -14%	3	0.29%
-14 – -15%	4	0.39%
-15 – -16%	1	0.10%
-16 – -17%	1	0.10%
-18 – -19%	1	0.10%
-19 – -20%	1	0.10%
-22 – -23%	1	0.10%
-25 – -26%	1	0.10%
-27 – -28%	1	0.10%
-31 – -32%	1	0.10%

Table 2. Statistics of APEN: Closing vs. Open

In this table, instead of using the closing price of the previous day, the opening price is used to calculate the one-day price change of APEN.

44.4% of the time (456 days), APEN closed above the opening price. 47.8% of the time (490 days), it closed below the opening price. 7.8% of the time (80 days), it closed where it started.

Closing - Open (%)	Number of Days	% of Total Sessions
55 – 56%	1	0.10%
46 – 47%	1	0.10%
24 – 25%	1	0.10%
21 – 22%	1	0.10%
19 – 20%	1	0.10%
18 – 19%	1	0.10%
15 – 16%	2	0.19%
14 – 15%	9	0.88%
12 – 13%	2	0.19%
11 – 12%	2	0.19%
10 – 11%	4	0.39%
9 – 10%	9	0.88%
8 – 9%	11	1.07%
7 – 8%	15	1.46%
6 – 7%	26	2.53%
5 – 6%	26	2.53%
4 – 5%	30	2.92%
3 – 4%	44	4.29%
2 – 3%	69	6.73%
1 – 2%	93	9.06%
0 – 1%	108	10.53%
0%	80	7.80%
0 – -1%	103	10.04%
-1 – -2%	104	10.14%
-2 – -3%	72	7.02%
-3 – -4%	55	5.36%
-4 – -5%	41	4.00%
-5 – -6%	32	3.12%
-6 – -7%	25	2.44%
-7 – -8%	11	1.07%
-8 – -9%	10	0.97%
-9 – -10%	5	0.49%
-10 – -11%	7	0.68%
-11 – -12%	4	0.39%
-12 – -13%	1	0.10%
-13 – -14%	7	0.68%
-14 – -15%	1	0.10%
-15 – -16%	2	0.19%
-16 – -17%	2	0.19%
-17 – -18%	2	0.19%
-18 – -19%	1	0.10%
-19 – -20%	1	0.10%
-20 – -21%	1	0.10%
-23 – -24%	1	0.10%
-27 – -28%	1	0.10%
-39 – -40%	1	0.10%

Table 3. One-day performance when APEN opened 5% higher than previous close

In the past 1,026 trading days, APEN opened more than 5% higher than the previous day's closing price 46 times. Of these days, 28.3% (13 days) had closing prices above the opening price, and 67.4% (31 days) had closing prices below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
55 – 56%	1	2.17%
46 – 47%	1	2.17%
10 – 11%	1	2.17%
5 – 6%	2	4.35%
2 – 3%	3	6.52%
1 – 2%	2	4.35%
0 – 1%	3	6.52%
0%	2	4.35%
0 – -1%	2	4.35%
-1 – -2%	3	6.52%
-2 – -3%	3	6.52%
-3 – -4%	3	6.52%
-4 – -5%	3	6.52%
-5 – -6%	3	6.52%
-6 – -7%	1	2.17%
-7 – -8%	1	2.17%
-8 – -9%	1	2.17%
-10 – -11%	2	4.35%
-11 – -12%	2	4.35%
-13 – -14%	3	6.52%
-14 – -15%	1	2.17%
-15 – -16%	1	2.17%
-19 – -20%	1	2.17%
-23 – -24%	1	2.17%

Table 4. Closing vs. open when APEN opened 4–5% higher

On 29 days, APEN opened 4–5% higher than the previous day's closing price. Of these days, 34.5% (10 days) had closing prices above the opening price, and 62.1% (18 days) had closing prices below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
12 – 13%	1	3.45%
7 – 8%	1	3.45%
2 – 3%	5	17.24%
0 – 1%	3	10.34%
0%	1	3.45%
0 – -1%	2	6.90%
-1 – -2%	1	3.45%
-2 – -3%	4	13.79%
-3 – -4%	2	6.90%
-4 – -5%	6	20.69%
-5 – -6%	1	3.45%
-10 – -11%	1	3.45%
-17 – -18%	1	3.45%

Table 5. Closing vs. open when APEN open 3 – 4% higher

39 times APEN opened 3 – 4% higher than the previous day's closing price. Among these days, 23.1% (9 days) closed above the opening price, 71.8% (28 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
15 – 16%	1	2.56%
9 – 10%	1	2.56%
4 – 5%	1	2.56%
2 – 3%	4	10.26%
1 – 2%	2	5.13%
0%	2	5.13%
0 – -1%	4	10.26%
-2 – -3%	7	17.95%
-3 – -4%	2	5.13%
-4 – -5%	2	5.13%
-5 – -6%	4	10.26%
-6 – -7%	6	15.38%
-7 – -8%	1	2.56%
-13 – -14%	1	2.56%
-16 – -17%	1	2.56%

Table 6. Closing vs. open when APEN open 2 – 3% higher

62 times APEN opened 2 – 3% higher than the previous day's closing price. Among these days, 56.5% (35 days) closed above the opening price, 40.3% (25 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
18 – 19%	1	1.61%
14 – 15%	1	1.61%
8 – 9%	1	1.61%
6 – 7%	1	1.61%
5 – 6%	2	3.23%
4 – 5%	2	3.23%
3 – 4%	6	9.68%
2 – 3%	5	8.06%
1 – 2%	6	9.68%
0 – 1%	10	16.13%
0%	2	3.23%
0 – -1%	1	1.61%
-1 – -2%	4	6.45%
-2 – -3%	3	4.84%
-3 – -4%	4	6.45%
-4 – -5%	1	1.61%
-5 – -6%	3	4.84%
-6 – -7%	2	3.23%
-7 – -8%	1	1.61%
-8 – -9%	1	1.61%
-9 – -10%	2	3.23%
-10 – -11%	1	1.61%
-17 – -18%	1	1.61%
-27 – -28%	1	1.61%

Table 7. Closing vs. open when APEN open 1 – 2% higher

118 times APEN opened 1 – 2% higher than the previous day's closing price. Among these days, 35.6% (42 days) closed above the opening price, 61.0% (72 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
9 – 10%	1	0.85%
7 – 8%	1	0.85%
5 – 6%	3	2.54%
4 – 5%	1	0.85%
3 – 4%	4	3.39%
2 – 3%	6	5.08%
1 – 2%	14	11.86%
0 – 1%	12	10.17%
0%	4	3.39%
0 – -1%	12	10.17%
-1 – -2%	21	17.80%
-2 – -3%	11	9.32%
-3 – -4%	9	7.63%
-4 – -5%	5	4.24%
-5 – -6%	7	5.93%
-6 – -7%	5	4.24%
-7 – -8%	1	0.85%
-9 – -10%	1	0.85%

Table 8. Periods when APEN moved 15% or more

In this table, we track the price movements in the 20 days after APEN had a one-day price change of at least 15%.

Date	Price Change	Price Change after 15% Move
Days after:		1	4	7	10	13	16	19
20201130	73%
20200319	54.8%	-10.3	-15.8	-12.1	-19.6	-8.8	-9.6	1.3
20170103	41.8%	12.2	-9.5	-.6	-12.5	-14.7	-20.2	-23.8
20171128	32.6%	-13.0	-19.1	-19.1	-26.3	-23.5	-14.8	-5.6
20170511	24.7%	-8.7	-6.1	-8.3	-5.2	-12.5	-2.3	-4.2
20200929	21%	1.2	1.8	4.2	6.6	4.5	3.0	1.2
20200429	20.5%	-1.7	-23.4	-5.1	-14.9	-10.2	-5.1	-12.2
20190808	19%	8.7	5.0	3.3	10.7	12.7	14.7	16.1
20180620	18.2%	-.2	6.5	5.4	3.9	24.3	36.9	21.3
20200911	17.9%	-3.3	-9.3	-7.9	-6.6	11.9	12.6	15.2
20200317	17.3%	4.0	33.6	45.6	28.9	46.3	54.4	59.7
20190122	15.3%	-11.5	-7.4	-11.0	-6.9	-3.6	-10.3	-13.1
20170426	-15.2%	2.7	-30.6	-34.1	-41.2	-35.8	-33.5	-30.6
20201202	-16.1%
20181113	-18.9%	1.6	11.9	21.6	27.8	39.4	44.4	26.9
20170502	-19.9%	7.4	-16.6	5.5	-6.8	-3.1	4.3	.6
20200312	-22.7%	6.0	-6.6	19.9	30.7	15.7	31.3	38.6
20170810	-25.7%	7.4	7.1	-6.4	-6.4	2.6	1.4	3.8
20200316	-27.8%	17.3	69.5	59.1	66.1	52.0	72.4	70.9
20181109	-31.3%	.0	-15.2	-12.9	.8	3.5	19.0	19.2

Table 8a. APEN average price changes following a 15% up day

Of the 1,026 trading days from 2016 to 2020, there were 12 days in which APEN was up more than 15%. This table shows the average price changes over the 12 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 15%	-2.6	-5.5	-2.5	-3.5	2.2	4.9	4.7

Table 8b. APEN average price changes following a 15% down day

Of the 1,026 trading days from 2016 to 2020, there were 8 days in which APEN was down more than -15%. This table shows the average price changes over the 8 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -15%	6.3	3.3	7.8	8.9	9.3	17.4	16.2

Table 9. Periods when APEN moved 10% or more

In this table, we track the price movements in the 20 days after APEN had a one-day price change of at least 10%.

Date	Price Change	Price Change after 10% Move
Days after:		1	4	7	10	13	16	19
20201130	73%
20200319	54.8%	-10.3	-15.8	-12.1	-19.6	-8.8	-9.6	1.3
20170103	41.8%	12.2	-9.5	-.6	-12.5	-14.7	-20.2	-23.8
20171128	32.6%	-13.0	-19.1	-19.1	-26.3	-23.5	-14.8	-5.6
20170511	24.7%	-8.7	-6.1	-8.3	-5.2	-12.5	-2.3	-4.2
20200929	21%	1.2	1.8	4.2	6.6	4.5	3.0	1.2
20200429	20.5%	-1.7	-23.4	-5.1	-14.9	-10.2	-5.1	-12.2
20190808	19%	8.7	5.0	3.3	10.7	12.7	14.7	16.1
20180620	18.2%	-.2	6.5	5.4	3.9	24.3	36.9	21.3
20200911	17.9%	-3.3	-9.3	-7.9	-6.6	11.9	12.6	15.2
20200317	17.3%	4.0	33.6	45.6	28.9	46.3	54.4	59.7
20190122	15.3%	-11.5	-7.4	-11.0	-6.9	-3.6	-10.3	-13.1
20200507	14.7%	7.3	-3.7	1.6	7.3	-.7	-13.4	-19.6
20200406	14.6%	-12.4	-13.2	-2.8	-12.0	-14.4	-22.0	-16.2
20170620	13.9%	-5.4	.5	4.3	10.3	.1	-9.9	-12.5
20170913	13.6%	.0	6.7	5.8	-.5	15.4	31.1	21.4
20201109	13.6%	1.9	3.4	29.8	27.4	34.1	111.5	79.8
20181121	13%	.0	5.1	14.7	18.8	4.4	4.1	-8.5
20200403	12.9%	14.7	-.5	2.3	2.8	-5.5	-5.0	6.0
20170531	12.6%	-8.6	-1.8	-4.6	-3.7	-4.4	5.2	7.2
20180709	12.2%	6.8	9.0	-1.8	1.1	1.5	10.7	3.9
20170104	12.1%	.3	-16.6	-14.7	-19.2	-25.6	-30.2	-32.8
20170331	11.8%	6.3	3.2	6.2	-2.0	-10.9	-18.4	-23.2
20201118	11.5%
20200720	11.3%	5.1	14.0	8.6	4.5	3.2	1.3	-8.3
20190920	10.8%	-14.2	-15.4	-10.3	-21.4	-27.4	-27.4	-18.5
20190510	10.7%	-3.3	3.0	.6	-3.3	.6	-5.5	.8
20180731	10.2%	-6.9	-7.7	-14.4	-17.2	-15.5	-17.1	-18.8
20200402	10.2%	13.0	19.2	23.3	14.0	1.0	7.3	21.8
20200320	-10.2%	-7.6	.8	-10.8	1.3	6.8	10.5	2.2
20170106	-10.7%	-9.8	-1.0	-12.8	-15.0	-20.5	-24.1	-24.4
20200421	-11.3%	5.7	6.2	18.5	-7.7	14.4	2.6	8.2
20181217	-11.4%	-.3	-9.0	-5.9	-3.4	2.0	1.4	-12.6
20200903	-11.4%	1.5	-2.3	6.9	13.0	6.1	5.3	32.8
20170814	-11.5%	6.8	7.5	3.3	3.5	3.8	7.8	9.0
20190123	-11.5%	.0	4.6	6.7	4.9	.0	-4.6	-2.6
20170501	-11.7%	-20.0	-24.0	-32.3	-26.0	-23.4	-20.0	-19.5
20170508	-12.1%	2.8	15.5	18.8	16.1	19.9	10.7	23.6
20200407	-12.4%	5.0	8.7	.5	-11.0	-5.5	7.3	-12.8
20171129	-12.9%	-.9	-13.4	-4.3	-9.1	-10.6	6.8	12.1
20200528	-13.1%	-5.8	-12.6	-4.7	-1.1	-7.6	-11.5	-13.6
20170504	-13.6%	2.3	-8.8	-.3	3.2	7.8	8.5	12.1
20190325	-13.7%	4.9	8.4	.0	-.3	-1.4	1.7	2.9
20190111	-14%	-1.6	4.2	25.0	15.7	13.8	25.3	14.1
20190923	-14.2%	1.8	-1.3	-4.6	-4.9	-16.9	-8.3	-9.2
20170712	-14.4%	-2.1	-6.8	-6.5	1.8	-3.2	-5.9	-9.4
20181207	-14.8%	1.2	1.0	-11.2	-19.0	-16.2	-14.0	-9.2
20170426	-15.2%	2.7	-30.6	-34.1	-41.2	-35.8	-33.5	-30.6
20201202	-16.1%
20181113	-18.9%	1.6	11.9	21.6	27.8	39.4	44.4	26.9
20170502	-19.9%	7.4	-16.6	5.5	-6.8	-3.1	4.3	.6
20200312	-22.7%	6.0	-6.6	19.9	30.7	15.7	31.3	38.6
20170810	-25.7%	7.4	7.1	-6.4	-6.4	2.6	1.4	3.8
20200316	-27.8%	17.3	69.5	59.1	66.1	52.0	72.4	70.9
20181109	-31.3%	.0	-15.2	-12.9	.8	3.5	19.0	19.2

Table 9a. APEN average price changes following a 10% up day

Of the 1,026 trading days from 2016 to 2020, there were 29 days in which APEN was up more than 10%. This table shows the average price changes over the 29 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 10%	-.9	-2.0	.7	.1	1.0	4.2	1.3

Table 9b. APEN average price changes following a 10% down day

Of the 1,026 trading days from 2016 to 2020, there were 26 days in which APEN was down more than -10%. This table shows the average price changes over the 26 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -10%	1.3	.2	1.9	1.3	1.7	5.3	5.1

Table 10. Periods when APEN moved 5% or more

In this table, we track the price movements in the 20 days after APEN had a one-day price change of at least 5%.

Date	Price Change	Price Change after 5% Move
Days after:		1	4	7	10	13	16	19
20201130	73%
20200319	54.8%	-10.3	-15.8	-12.1	-19.6	-8.8	-9.6	1.3
20170103	41.8%	12.2	-9.5	-.6	-12.5	-14.7	-20.2	-23.8
20171128	32.6%	-13.0	-19.1	-19.1	-26.3	-23.5	-14.8	-5.6
20170511	24.7%	-8.7	-6.1	-8.3	-5.2	-12.5	-2.3	-4.2
20200929	21%	1.2	1.8	4.2	6.6	4.5	3.0	1.2
20200429	20.5%	-1.7	-23.4	-5.1	-14.9	-10.2	-5.1	-12.2
20190808	19%	8.7	5.0	3.3	10.7	12.7	14.7	16.1
20180620	18.2%	-.2	6.5	5.4	3.9	24.3	36.9	21.3
20200911	17.9%	-3.3	-9.3	-7.9	-6.6	11.9	12.6	15.2
20200317	17.3%	4.0	33.6	45.6	28.9	46.3	54.4	59.7
20190122	15.3%	-11.5	-7.4	-11.0	-6.9	-3.6	-10.3	-13.1
20200507	14.7%	7.3	-3.7	1.6	7.3	-.7	-13.4	-19.6
20200406	14.6%	-12.4	-13.2	-2.8	-12.0	-14.4	-22.0	-16.2
20170620	13.9%	-5.4	.5	4.3	10.3	.1	-9.9	-12.5
20170913	13.6%	.0	6.7	5.8	-.5	15.4	31.1	21.4
20201109	13.6%	1.9	3.4	29.8	27.4	34.1	111.5	79.8
20181121	13%	.0	5.1	14.7	18.8	4.4	4.1	-8.5
20200403	12.9%	14.7	-.5	2.3	2.8	-5.5	-5.0	6.0
20170531	12.6%	-8.6	-1.8	-4.6	-3.7	-4.4	5.2	7.2
20180709	12.2%	6.8	9.0	-1.8	1.1	1.5	10.7	3.9
20170104	12.1%	.3	-16.6	-14.7	-19.2	-25.6	-30.2	-32.8
20170331	11.8%	6.3	3.2	6.2	-2.0	-10.9	-18.4	-23.2
20201118	11.5%
20200720	11.3%	5.1	14.0	8.6	4.5	3.2	1.3	-8.3
20190920	10.8%	-14.2	-15.4	-10.3	-21.4	-27.4	-27.4	-18.5
20190510	10.7%	-3.3	3.0	.6	-3.3	.6	-5.5	.8
20180731	10.2%	-6.9	-7.7	-14.4	-17.2	-15.5	-17.1	-18.8
20200402	10.2%	13.0	19.2	23.3	14.0	1.0	7.3	21.8
20190220	9.8%	-4.9	-6.0	-3.5	-10.8	-9.6	-10.3	-8.7
20170111	9.7%	-3.3	-14.8	-16.9	-22.3	-25.8	-26.2	-26.5
20200413	9.6%	-6.3	-5.9	-13.4	-13.0	-2.9	-24.4	-6.3
20170823	9.2%	-4.6	4.6	3.4	5.8	-3.6	5.3	12.4
20171207	9.2%	3.0	-2.3	-3.9	14.9	20.6	28.1	33.2
20171221	9.1%	1.6	9.0	11.6	22.1	21.3	25.7	20.7
20170310	9%	3.8	-1.6	-.1	-1.2	.2	19.1	15.6
20200415	8.9%	-9.5	-19.8	-14.8	-3.3	-21.4	-14.5	-16.5
20170724	8.8%	3.0	-10.7	-11.7	-10.5	-37.8	-36.9	-36.4
20190809	8.6%	-3.1	-4.2	1.8	8.9	5.8	5.5	4.0
20170602	8.4%	-1.8	-3.6	2.5	.9	3.9	10.4	14.6
20191015	8.3%	-4.0	-1.7	-1.0	-7.7	3.7	.3	-5.4
20171220	8.2%	9.1	14.6	21.7	26.5	33.5	40.2	37.2
20170425	8%	-15.2	-26.4	-45.4	-49.5	-43.3	-41.7	-43.0
20191017	8%	-4.5	.0	-7.8	-.6	-3.2	-6.1	-9.4
20200918	8%	-5.4	-3.4	12.8	16.2	14.2	14.9	15.5
20201203	7.8%
20200604	7.7%	-.6	7.8	5.0	-6.7	-6.1	-8.3	-10.3
20200610	7.7%	-2.6	-9.0	-12.9	-14.9	-14.9	-13.9	-16.0
20190415	7.5%	-2.0	-.8	-3.1	-2.5	6.7	-2.5	1.1
20190320	7.4%	5.5	.0	3.3	-4.7	-5.0	-6.1	-3.0
20200326	7.4%	-5.8	-19.4	15.2	.0	2.8	3.2	-5.0
20200723	7.4%	-4.8	-9.3	-12.8	-13.8	-15.4	-23.4	-22.9
20170503	7.3%	-13.6	-20.2	-10.3	-7.7	-9.9	-6.9	-14.0
20170811	7.3%	-11.5	-3.8	-16.4	-13.7	-4.9	-5.5	-2.0
20171110	7.3%	-3.1	-4.0	-4.2	-4.2	10.3	2.6	2.6
20200508	7.3%	-9.9	-9.0	.4	.4	-1.3	-19.7	-19.3
20171213	7.2%	-3.7	-.5	19.4	28.1	31.1	43.6	42.6
20180705	7.1%	-.5	21.8	14.4	9.9	11.8	11.8	15.1
20170623	7%	-2.8	.9	6.7	-3.2	-12.9	-15.4	-21.7
20171002	7%	2.6	9.2	6.4	-1.4	-11.2	-11.4	-17.6
20190515	7%	-5.8	-8.1	-11.6	-8.1	-13.6	-7.8	-4.1
20190820	7%	-.3	3.0	.9	.0	2.4	5.6	4.8
20201112	7%	-6.1	17.9	15.7	21.8	92.1	63.3	58.1
20190823	6.9%	-3.7	-5.6	-6.5	-4.2	-1.3	-2.0	-3.7
20201116	6.9%
20180710	6.8%	2.2	-4.1	-7.8	-6.3	-6.3	-3.5	-4.3
20180831	6.8%	.0	.7	-2.4	-3.6	-6.1	-7.6	-3.7
20190430	6.8%	-1.3	-3.2	-12.3	-.8	.3	-5.1	-6.2
20191120	6.8%	-6.5	-9.0	-10.0	-12.6	-10.3	-5.2	-7.7
20201211	6.8%
20170815	6.7%	5.6	-7.7	-7.7	1.2	.0	2.3	-6.8
20170307	6.6%	-6.0	5.8	.4	1.9	.8	2.2	21.4
20171004	6.6%	3.8	-3.8	-4.7	-21.9	-16.6	-21.9	-24.8
20200527	6.6%	-13.2	-20.5	-18.6	-11.8	-14.1	-23.6	-23.2
20170717	6.4%	-4.0	-3.7	4.8	-.3	-3.1	-6.7	-30.0
20170731	6.4%	-3.3	-5.3	-11.8	-37.9	-32.4	-41.3	-39.4
20191114	6.4%	-4.4	4.0	-2.7	-6.0	-6.6	-9.4	.7
20200803	6.4%	-1.8	-8.5	-7.9	-12.5	-14.6	-14.6	-8.5
20170403	6.3%	-5.6	1.2	-1.8	-14.3	-18.7	-17.1	-30.9
20170517	6.2%	-3.4	.9	1.6	5.0	2.2	.3	6.7
20170612	6.2%	.3	-1.3	1.6	8.0	12.1	18.5	7.6
20190204	6.2%	-7.2	-3.8	-10.5	-13.3	-10.2	-11.3	-9.0
20191031	6.2%	.7	-2.6	-8.1	-2.9	-5.5	-8.5	-8.8
20200226	6.2%	-2.6	-7.0	-7.4	-21.0	-53.3	-11.8	-29.4
20170828	6.1%	4.4	3.1	5.6	-3.9	5.1	12.1	11.1
20180511	6.1%	1.6	4.6	8.0	9.6	7.5	8.0	1.9
20200519	6.1%	-3.6	.0	-14.7	-21.9	-20.1	-13.4	-15.6
20190201	6%	6.2	-3.3	-6.8	-7.9	.3	-2.2	-6.5
20200204	6%	-1.9	.3	-3.8	-8.0	-15.1	-14.5	-20.1
20200313	6%	-27.8	36.4	9.1	16.2	-.6	42.0	23.3
20200722	6%	7.4	-2.3	-12.0	-4.0	-10.9	-14.3	-19.4
20201124	6%
20181228	5.8%	.6	6.1	5.5	-9.0	-5.2	-1.5	.6
20190408	5.8%	-2.9	-3.2	-1.2	.6	.3	8.4	2.9
20170928	5.7%	2.4	19.9	14.0	16.8	1.8	-2.8	-.4
20180212	5.7%	-1.3	-4.0	-2.2	4.0	1.8	-1.0	-7.0
20190102	5.7%	-.3	-.8	-14.5	-11.0	-7.4	-5.5	-1.1
20190514	5.7%	7.0	-2.7	-3.2	-.5	-10.3	-.3	-.5
20170816	5.6%	-3.6	-16.2	-13.6	-4.7	-5.3	-1.8	-15.1
20190208	5.6%	-8.2	-12.5	-10.6	-6.6	-8.2	-7.4	-13.8
20200422	5.6%	3.9	-5.4	1.6	-12.2	-2.5	-1.5	8.7
20180206	5.5%	2.5	12.9	8.8	9.3	11.4	11.3	11.8
20190321	5.5%	4.7	-8.6	-9.7	-12.0	-12.6	-12.8	-11.0
20190711	5.4%	-7.0	-7.6	-8.3	-14.4	-16.2	-15.9	-22.9
20191119	5.4%	6.9	.0	-3.4	-4.0	-6.9	3.4	-4.5
20171101	5.3%	-5.3	-3.0	-1.8	-4.8	-6.0	-6.0	24.4
20180104	5.3%	-2.1	2.1	2.9	-.8	2.6	-1.3	2.3
20180226	5.3%	-1.4	-7.2	-8.8	-7.9	-11.2	-10.2	-4.5
20181203	5.3%	-1.7	-14.7	-12.8	-24.0	-28.5	-32.1	-27.0
20181226	5.3%	-3.6	2.7	6.5	9.2	-8.6	-3.3	16.1
20201207	5.3%
20200325	5.2%	7.4	-5.0	7.9	13.9	17.8	8.9	-3.5
20201117	5.2%
20180102	5.1%	-1.2	4.2	9.5	7.1	3.6	5.6	3.1
20180321	5.1%	-3.2	-1.5	-4.4	-8.4	-12.2	-10.7	-11.1
20181129	5.1%	3.7	7.4	-5.6	-5.8	-17.2	-24.4	-21.9
20190116	5.1%	.0	20.0	11.1	9.2	20.3	9.5	5.5
20190528	5.1%	-1.1	-7.1	-.8	3.2	2.7	3.8	-.5
20181005	5%	-2.4	-6.9	-11.1	-12.7	-16.8	-17.2	-19.6
20191030	5%	6.2	3.5	.3	-3.1	-4.8	.3	-2.4
20200113	5%	-.7	-1.7	3.4	3.8	2.4	9.7	8.6
20200408	5%	-5.7	-3.0	-2.6	-10.4	-10.0	.4	-21.7
20200715	5%	-2.1	13.8	23.4	17.6	13.1	11.7	9.7
20200721	5%	6.1	5.5	-3.6	-2.4	-9.1	-8.5	-13.1
20170222	-5%	-2.2	-3.6	-1.6	-1.3	11.1	5.4	7.0
20180830	-5%	6.8	6.7	6.7	1.1	5.3	-2.0	2.1
20200812	-5%	-.7	-6.6	-5.3	-2.6	-6.6	-13.2	-15.9
20180302	-5.1%	2.6	-2.2	-2.9	-4.7	1.7	5.0	-2.7
20190819	-5.1%	7.1	14.5	11.3	11.0	9.4	9.7	9.7
20190917	-5.1%	.0	-1.5	-2.8	3.0	-9.7	-16.7	-16.7
20170614	-5.2%	4.0	13.1	16.9	16.6	24.7	20.3	19.0
20171102	-5.2%	3.4	-1.7	.5	-.5	-.7	-.7	14.4
20200129	-5.2%	2.8	10.0	9.0	5.5	4.0	-3.1	-11.4
20171016	-5.3%	-5.9	-10.1	-7.9	-17.2	-16.8	-14.8	-13.8
20170621	-5.4%	2.2	4.2	13.4	12.9	7.0	-6.8	-11.2
20171212	-5.4%	7.3	5.5	26.1	32.4	40.7	46.2	54.3
20200921	-5.4%	-.7	.7	20.7	21.4	24.3	27.1	24.6
20170404	-5.6%	-.1	7.2	-2.3	-8.8	-17.3	-25.5	-35.4
20190807	-5.6%	19.0	23.0	29.8	31.3	35.7	32.9	31.7
20200409	-5.6%	.0	12.0	1.4	-1.4	-10.1	-3.5	-16.6
20201020	-5.6%	3.0	1.2	6.3	24.6	37.1	44.9	52.7
20180605	-5.7%	-2.5	.3	.8	-11.9	2.2	6.4	8.2
20190508	-5.7%	-.6	12.5	13.7	7.6	6.4	10.6	8.8
20200327	-5.7%	3.2	-5.6	7.1	6.1	18.9	7.6	4.7
20200428	-5.7%	20.5	-2.1	6.5	4.1	7.2	10.8	14.9
20200505	-5.7%	.6	11.7	12.8	24.4	24.4	22.2	-.6
20200529	-5.7%	-.6	.0	.0	3.9	-3.9	-7.2	-8.4
20170707	-5.8%	1.1	-11.9	-16.1	-15.9	-8.4	-12.9	-15.3
20170809	-5.8%	-25.8	-24.7	-24.2	-27.2	-27.0	-26.9	-24.0
20171017	-5.8%	-8.0	-1.7	-8.0	-11.4	-8.6	-13.1	-11.2
20181108	-5.8%	-31.3	-43.5	-37.7	-32.3	-28.9	-22.4	-19.7
20190516	-5.8%	.3	-5.1	-6.2	-2.4	-4.0	-4.8	-1.1
20171026	-5.9%	-3.5	1.4	1.2	-7.2	-2.6	-5.4	-4.7
20190214	-5.9%	3.0	12.2	9.4	4.6	4.0	-.6	2.1
20170308	-6%	-.5	9.2	10.7	7.3	9.2	8.6	21.9
20170927	-6%	5.8	19.0	26.6	23.4	14.4	3.0	2.8
20180716	-6%	-4.7	-1.8	-2.5	-2.0	-.4	.2	-8.1
20190723	-6%	-1.1	-1.1	-.7	-5.3	15.6	11.7	9.9
20200831	-6%	3.5	-5.7	-9.2	-.7	5.0	-1.4	-2.1
20201204	-6%
20170413	-6.1%	.0	-9.1	-16.7	-21.7	-47.0	-49.7	-55.2
20201113	-6.1%	7.0	24.7	30.7	29.3	71.6	83.3	75.8
20180508	-6.3%	4.4	16.1	19.6	23.4	25.2	22.9	23.4
20180618	-6.3%	-2.8	12.8	17.5	19.4	28.0	52.6	55.7
20200414	-6.3%	9.0	-1.3	-4.0	-12.6	-6.1	-18.8	-9.9
20171211	-6.4%	-5.5	-1.9	9.3	21.1	33.0	39.9	42.5
20191121	-6.4%	-3.1	-3.4	-3.8	-8.6	.0	-.7	-.7
20181004	-6.5%	5.0	-3.7	-7.6	-7.4	-12.1	-13.3	-15.9
20190625	-6.5%	.6	-8.8	-6.4	-8.2	-11.1	-11.7	-12.3
20170719	-6.6%	3.3	20.5	4.5	3.3	4.7	-27.2	-26.2
20200616	-6.6%	-2.0	-5.4	-6.5	-7.4	-5.4	-8.2	-20.7
20200713	-6.6%	-1.4	.7	25.0	24.3	13.6	15.0	7.1
20170217	-6.7%	.0	-7.2	-8.5	-6.6	-6.4	5.5	.0
20170714	-6.7%	6.4	-1.5	14.9	-.3	-1.5	-.2	-30.6
20200730	-6.7%	-3.1	5.7	-1.9	-5.7	-11.3	-10.1	-7.5
20171205	-6.8%	-1.7	3.4	1.0	4.4	25.3	34.4	37.6
20180801	-6.9%	-.9	-.4	-8.6	-10.8	-10.0	-10.7	-12.0
20200225	-6.9%	6.3	-.8	-.4	-16.0	-31.2	-39.5	-22.3
20170417	-7%	.4	-8.9	-18.0	-28.8	-47.2	-51.2	-45.1
20190712	-7%	-.3	.0	-7.2	-4.9	-10.2	-13.5	-1.3
20190205	-7.1%	-.3	-5.0	-9.4	-7.4	-3.3	-5.0	-4.1
20191008	-7.1%	-4.2	-4.2	7.7	3.1	2.1	.7	4.2
20180809	-7.3%	-.6	-3.1	-2.2	-2.9	-4.4	-3.7	-3.8
20190503	-7.3%	2.0	-7.6	4.5	5.6	.0	-1.1	2.8
20200709	-7.4%	.0	-3.3	4.7	25.3	14.0	2.7	12.0
20200807	-7.4%	4.0	.0	-6.0	-4.7	-2.0	-6.0	-12.7
20200310	-7.5%	.0	-40.9	11.6	-10.7	-4.9	-18.6	16.3
20200323	-7.5%	-3.5	2.7	-12.1	25.6	9.0	12.1	12.6
20190401	-7.7%	2.0	-5.8	.0	3.8	2.9	1.4	-3.2
20200309	-7.7%	-7.5	-24.3	-33.3	-14.4	-6.7	-17.4	-6.2
20171018	-7.9%	4.0	3.7	-3.5	1.4	1.2	-7.2	-2.6
20200526	-7.9%	6.6	-13.2	-12.7	-12.7	-9.3	-16.1	-19.0
20170530	-8.2%	12.7	9.7	7.7	14.5	12.7	16.0	23.3
20190211	-8.2%	-.6	-1.7	7.0	4.3	-.3	-.9	-5.2
20170821	-8.3%	-4.1	-1.0	9.2	8.4	12.5	-2.8	14.5
20201209	-8.3%
20170117	-8.5%	3.6	-4.6	-10.5	-13.9	-12.5	-14.0	-20.5
20170601	-8.5%	8.4	6.3	10.8	9.5	19.1	23.1	22.8
20201201	-8.5%
20170728	-8.6%	6.5	3.5	-.3	-25.2	-25.4	-34.8	-34.8
20170512	-8.7%	-4.0	-.6	3.8	4.5	8.0	5.1	3.2
20170911	-8.7%	-3.8	13.4	14.6	14.6	15.1	29.5	37.8
20190531	-8.7%	3.0	9.9	14.4	13.9	15.1	10.2	2.4
20191002	-8.8%	-2.9	-7.4	-11.3	-7.7	-5.5	-4.8	-11.3
20200401	-8.8%	10.3	25.1	24.0	38.9	25.7	22.3	11.4
20200504	-8.8%	-5.8	16.8	4.7	10.5	16.8	8.0	-5.8
20200331	-9%	-8.9	30.2	13.0	16.1	16.7	7.3	7.8
20200501	-9.3%	-8.8	-.8	-3.1	-.2	3.1	6.9	-8.8
20200416	-9.4%	1.8	-6.3	-5.9	5.0	-18.2	1.4	-9.1
20180202	-9.5%	-1.8	9.6	15.4	12.3	14.4	21.8	19.1
20170109	-9.8%	3.4	5.7	.2	-7.8	-13.5	-16.7	-15.4
20200511	-9.8%	1.0	4.0	7.5	11.4	-5.0	-12.9	-10.9
20200320	-10.2%	-7.6	.8	-10.8	1.3	6.8	10.5	2.2
20170106	-10.7%	-9.8	-1.0	-12.8	-15.0	-20.5	-24.1	-24.4
20200421	-11.3%	5.7	6.2	18.5	-7.7	14.4	2.6	8.2
20181217	-11.4%	-.3	-9.0	-5.9	-3.4	2.0	1.4	-12.6
20200903	-11.4%	1.5	-2.3	6.9	13.0	6.1	5.3	32.8
20170814	-11.5%	6.8	7.5	3.3	3.5	3.8	7.8	9.0
20190123	-11.5%	.0	4.6	6.7	4.9	.0	-4.6	-2.6
20170501	-11.7%	-20.0	-24.0	-32.3	-26.0	-23.4	-20.0	-19.5
20170508	-12.1%	2.8	15.5	18.8	16.1	19.9	10.7	23.6
20200407	-12.4%	5.0	8.7	.5	-11.0	-5.5	7.3	-12.8
20171129	-12.9%	-.9	-13.4	-4.3	-9.1	-10.6	6.8	12.1
20200528	-13.1%	-5.8	-12.6	-4.7	-1.1	-7.6	-11.5	-13.6
20170504	-13.6%	2.3	-8.8	-.3	3.2	7.8	8.5	12.1
20190325	-13.7%	4.9	8.4	.0	-.3	-1.4	1.7	2.9
20190111	-14%	-1.6	4.2	25.0	15.7	13.8	25.3	14.1
20190923	-14.2%	1.8	-1.3	-4.6	-4.9	-16.9	-8.3	-9.2
20170712	-14.4%	-2.1	-6.8	-6.5	1.8	-3.2	-5.9	-9.4
20181207	-14.8%	1.2	1.0	-11.2	-19.0	-16.2	-14.0	-9.2
20170426	-15.2%	2.7	-30.6	-34.1	-41.2	-35.8	-33.5	-30.6
20201202	-16.1%
20181113	-18.9%	1.6	11.9	21.6	27.8	39.4	44.4	26.9
20170502	-19.9%	7.4	-16.6	5.5	-6.8	-3.1	4.3	.6
20200312	-22.7%	6.0	-6.6	19.9	30.7	15.7	31.3	38.6
20170810	-25.7%	7.4	7.1	-6.4	-6.4	2.6	1.4	3.8
20200316	-27.8%	17.3	69.5	59.1	66.1	52.0	72.4	70.9
20181109	-31.3%	.0	-15.2	-12.9	.8	3.5	19.0	19.2

Table 10a. APEN average price changes following a 5% up day

Of the 1,026 trading days from 2016 to 2020, there were 124 days in which APEN was up more than 5%. This table shows the average price changes over the 124 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 5%	-1.5	-.9	-.8	-.4	-1.0	.0	-1.9

Table 10b. APEN average price changes following a 5% down day

Of the 1,026 trading days from 2016 to 2020, there were 114 days in which APEN was down more than -5%. This table shows the average price changes over the 114 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -5%	.6	.6	1.9	2.0	2.5	2.1	1.8

28 stocks with statistics: AAPL, AMD, AMZN, APPN, AZN, BA, BAC, BIIB, CRM, CSCO, CX, DIS, FB, GE, GM, GOOG, IBM, INTC, JPM, JPM, MSFT, MU, NFLX, O, QQQ, SPY, T, TSLA,

Also see: VIX price movement study.