Salesforcecom Cdr Stock Price on July 31, 2024
CRM Stock | 27.35 0.63 2.36% |
If you're considering investing in Salesforce Stock, it is important to understand the factors that can impact its price. As of today, the current price of Salesforce stands at 27.35, as last reported on the 22nd of December, with the highest price reaching 27.56 and the lowest price hitting 26.21 during the day. Salesforce appears to be very steady, given 3 months investment horizon. SalesforceCom CDR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for SalesforceCom CDR, which you can use to evaluate the volatility of the company. Please review Salesforce's Risk Adjusted Performance of 0.1522, coefficient of variation of 543.57, and Semi Deviation of 1.36 to confirm if our risk estimates are consistent with your expectations.
At this time, Salesforce's Common Stock Shares Outstanding is very stable compared to the past year. As of the 22nd of December 2024, Stock Based Compensation is likely to grow to about 2.8 B, while Total Stockholder Equity is likely to drop about 49 B. . Salesforce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Salesforce |
Sharpe Ratio = 0.1904
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Estimated Market Risk
2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Salesforce is performing at about 14% 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 5.3658 | Book Value 61.427 | Enterprise Value 468.8 B | Enterprise Value Ebitda 30.0606 | Price Sales 12.7618 |
Salesforce Valuation on July 31, 2024
It is possible to determine the worth of Salesforce on a given historical date. On July 31, 2024 Salesforce was worth 20.57 at the beginning of the trading date compared to the closed value of 20.64. 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 | |
20.73 | 20.76 | 20.39 | 20.57 | 9,560 | |
07/31/2024 | 20.57 | 20.85 | 20.46 | 20.64 | 26,909 |
20.71 | 20.99 | 19.95 | 20.21 | 13,146 |
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Salesforce Trading Date Momentum on July 31, 2024
On August 01 2024 SalesforceCom CDR was traded for 20.21 at the closing time. The highest price during the trading period was 20.99 and the lowest recorded bid was listed for 19.95 . The volume for the day was 13.1 K. This history from August 1, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.08% . The trading price change to the current price is 2.23% . |
SalesforceCom CDR 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 SalesforceCom CDR 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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 971 M | 1 B | |
Net Income Applicable To Common Shares | 187.2 M | 177.8 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.
Price Boundaries
Salesforce Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
SalesforceCom CDR cannot be verified against its exchange. Please verify the symbol is currently traded on NEO 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 22, 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 SalesforceCom CDR 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.
Risk Adjusted Performance | 0.1522 | |||
Jensen Alpha | 0.376 | |||
Total Risk Alpha | 0.3353 | |||
Sortino Ratio | 0.2215 | |||
Treynor Ratio | 0.4149 |
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Other Information on Investing in Salesforce Stock
Salesforce financial ratios help investors to determine whether Salesforce Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Salesforce with respect to the benefits of owning Salesforce security.