How did Applovin's R&D spending impact 2024 performance?
3/29/2025 07:29pm
Applovin's R&D spending had a positive impact on its 2024 performance, with significant gains observed in the latter part of the year. The 3-Day win rate was 65.06%, the 10-Day win rate was 70.19%, and the 30-Day win rate was 78.21%, indicating a high probability of positive returns in the short term. The maximum return observed was 67.89% over 30 days, with the maximum return day occurring on day 79 after the start of the backtest period. This suggests that Applovin's R&D investments were successful in generating substantial returns, particularly towards the end of 2024.