Cirrus Logic Stock Price on December 6, 2024

CRUS Stock  USD 100.16  0.46  0.46%   
Below is the normalized historical share price chart for Cirrus Logic extending back to June 09, 1989. 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 Cirrus Logic stands at 100.16, as last reported on the 20th of December, with the highest price reaching 101.77 and the lowest price hitting 99.22 during the day.
IPO Date
9th of June 1989
200 Day MA
114.2934
50 Day MA
109.7022
Beta
0.961
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cirrus Stock, it is important to understand the factors that can impact its price. Cirrus Logic secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Cirrus Logic exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cirrus Logic's Standard Deviation of 2.05, risk adjusted performance of (0.11), and Mean Deviation of 1.55 to double-check the risk estimate we provide.
  
At this time, Cirrus Logic's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 69.8 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 47 K in 2024. . Price To Sales Ratio is likely to drop to 1.68 in 2024. Price Earnings Ratio is likely to drop to 15.90 in 2024. Cirrus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1555

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Estimated Market Risk

 2.07
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cirrus Logic is not performing at its full potential. However, 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 Cirrus Logic by adding Cirrus Logic to a well-diversified portfolio.
Price Book
2.7604
Enterprise Value Ebitda
10.4318
Price Sales
2.7915
Shares Float
52.8 M
Wall Street Target Price
134

Related Headline

Nano Labs Headline on 6th of December 2024

Filed transaction by Nano Labs Officer: Evp & Chief Scientific Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Cirrus Logic Valuation on December 6, 2024

It is possible to determine the worth of Cirrus Logic on a given historical date. On December 6, 2024 Cirrus was worth 104.33 at the beginning of the trading date compared to the closed value of 104.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cirrus Logic stock. Still, in general, we apply an absolute valuation method to find Cirrus Logic'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 Cirrus Logic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cirrus Logic's related companies.
 Open High Low Close Volume
  104.69    107.27    103.67    103.96    736,298  
12/06/2024
  104.33    105.97    103.84    104.44    532,554  
  104.50    107.44    103.72    105.31    428,586  
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Open Value
104.33
104.44
Closing Value
110.53
Upside

Cirrus Logic Trading Date Momentum on December 6, 2024

On December 09 2024 Cirrus Logic was traded for  105.31  at the closing time. The top price for the day was 107.44  and the lowest listed price was  103.72 . The trading volume for the day was 428.6 K. The trading history from December 9, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.83% . The overall trading delta against the current closing price is 2.20% .

Cirrus Logic Fundamentals Correlations and Trends

By evaluating Cirrus Logic'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 Cirrus Logic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cirrus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cirrus Logic Stock history

Cirrus Logic 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 Cirrus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cirrus Logic 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 Cirrus Logic stock prices may prove useful in developing a viable investing in Cirrus Logic
Last ReportedProjected for Next Year
Common Stock Shares Outstanding56 M69.8 M
Net Income Applicable To Common Shares203.2 M140.1 M

Cirrus Logic Quarterly Net Working Capital

995.63 Million

Cirrus Logic Stock Technical Analysis

Cirrus Logic 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 Cirrus Logic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cirrus Logic 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

Cirrus Logic Period Price Range

Low
December 20, 2024
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High

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Cirrus Logic cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Cirrus Logic December 20, 2024 Market Strength

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

Cirrus Logic Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cirrus Logic's price direction in advance. Along with the technical and fundamental analysis of Cirrus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cirrus 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.

Additional Tools for Cirrus Stock Analysis

When running Cirrus Logic's price analysis, check to measure Cirrus Logic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cirrus Logic is operating at the current time. Most of Cirrus Logic's value examination focuses on studying past and present price action to predict the probability of Cirrus Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cirrus Logic's price. Additionally, you may evaluate how the addition of Cirrus Logic to your portfolios can decrease your overall portfolio volatility.