Salesforce Stock Price on March 22, 2024

CRM Stock  USD 344.50  1.60  0.47%   
Below is the normalized historical share price chart for Salesforce extending back to June 23, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Salesforce stands at 344.50, as last reported on the 24th of December, with the highest price reaching 344.50 and the lowest price hitting 342.90 during the day.
IPO Date
23rd of June 2004
200 Day MA
280.9864
50 Day MA
322.282
Beta
1.288
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Salesforce Stock, it is important to understand the factors that can impact its price. Salesforce appears to be very steady, given 3 months investment horizon. Salesforce owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Salesforce, which you can use to evaluate the volatility of the company. Please review Salesforce's Risk Adjusted Performance of 0.1528, semi deviation of 1.31, and Coefficient Of Variation of 541.36 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Salesforce's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Salesforce's Price Cash Flow Ratio is very stable compared to the past year. As of the 24th of December 2024, Price Sales Ratio is likely to grow to 10.55, while Price Earnings Ratio is likely to drop 62.89. Salesforce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1715

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Estimated Market Risk

 2.23
  actual daily
19
81% of assets are more volatile

Expected Return

 0.38
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Salesforce is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Salesforce by adding it to a well-diversified portfolio.
Price Book
5.6194
Enterprise Value Ebitda
30.0606
Price Sales
8.9992
Shares Float
929.2 M
Wall Street Target Price
395.7556

Salesforce Valuation on March 22, 2024

It is possible to determine the worth of Salesforce on a given historical date. On March 22, 2024 Salesforce was worth 308.0 at the beginning of the trading date compared to the closed value of 306.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salesforce stock. Still, in general, we apply an absolute valuation method to find Salesforce's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Salesforce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salesforce's related companies.
 Open High Low Close Volume
  306.63    310.47    305.05    307.08    6,083,853  
03/22/2024
  308.00    308.91    305.35    306.46    3,779,208  
  302.41    306.40    301.25    304.76    4,141,223  
Backtest Salesforce  |  Salesforce History  |  Salesforce Valuation   PreviousNext  
Open Value
308.0
301.32
Downside
306.46
Closing Value
314.68
Upside

Salesforce Trading Date Momentum on March 22, 2024

On March 25 2024 Salesforce was traded for  304.76  at the closing time. Highest Salesforce's price during the trading hours was 306.40  and the lowest price during the day was  301.25 . The net volume was 4.1 M. The overall trading history on the 25th of March contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.55% . The trading price change to current price is 1.97% .

Salesforce Fundamentals Correlations and Trends

By evaluating Salesforce's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Salesforce's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salesforce financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Salesforce Stock history

Salesforce investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Salesforce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salesforce will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Salesforce stock prices may prove useful in developing a viable investing in Salesforce
Last ReportedProjected for Next Year
Common Stock Shares Outstanding984 M642.1 M
Net Income Applicable To Common Shares239.2 M388.6 M

Salesforce Stock Technical Analysis

Salesforce technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Salesforce technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Salesforce trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Salesforce Period Price Range

Low
December 24, 2024
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Salesforce cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Salesforce December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Salesforce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salesforce shares will generate the highest return on investment. By undertsting and applying Salesforce stock market strength indicators, traders can identify Salesforce entry and exit signals to maximize returns

Salesforce Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Salesforce's price direction in advance. Along with the technical and fundamental analysis of Salesforce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salesforce to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Salesforce is a strong investment it is important to analyze Salesforce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Salesforce's future performance. For an informed investment choice regarding Salesforce Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salesforce. If investors know Salesforce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salesforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.148
Earnings Share
6.07
Revenue Per Share
37.632
Quarterly Revenue Growth
0.084
Return On Assets
0.0471
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salesforce's market value can be influenced by many factors that don't directly affect Salesforce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.