Freshworks Stock Price on October 3, 2024
| FRSH Stock | USD 16.06 0.16 1.01% |
If you're considering investing in Freshworks Stock, it is important to understand the factors that can impact its price. As of today, the current price of Freshworks stands at 16.06, as last reported on the 26th of December, with the highest price reaching 16.14 and the lowest price hitting 15.77 during the day. Freshworks appears to be not too volatile, given 3 months investment horizon. Freshworks secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. By reviewing Freshworks' technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Freshworks' Downside Deviation of 2.27, mean deviation of 2.2, and Coefficient Of Variation of 697.57 to check if our risk estimates are consistent with your expectations.
As of now, Freshworks' Total Stockholder Equity is increasing as compared to previous years. The Freshworks' current Common Stock Shares Outstanding is estimated to increase to about 300.3 M, while Liabilities And Stockholders Equity is projected to decrease to under 1.3 B. . As of now, Freshworks' Price Sales Ratio is increasing as compared to previous years. Freshworks Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Freshworks |
Sharpe Ratio = 0.1429
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Estimated Market Risk
| 4.23 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Freshworks is performing at about 11% 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 Freshworks by adding it to a well-diversified portfolio.
Price Book 4.2425 | Enterprise Value Ebitda (26.51) | Price Sales 7.0199 | Shares Float 207.3 M | Wall Street Target Price 18.5625 |
Freshworks Valuation on October 3, 2024
It is possible to determine the worth of Freshworks on a given historical date. On October 3, 2024 Freshworks was worth 10.93 at the beginning of the trading date compared to the closed value of 10.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freshworks stock. Still, in general, we apply an absolute valuation method to find Freshworks' 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 Freshworks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freshworks' related companies.
| Open | High | Low | Close | Volume | |
| 11.20 | 11.26 | 10.97 | 11.01 | 3,359,444 | |
10/03/2024 | 10.93 | 11.04 | 10.84 | 10.88 | 3,156,754 |
| 11.06 | 11.39 | 10.99 | 11.24 | 2,031,146 |
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Freshworks Trading Date Momentum on October 3, 2024
| On October 04 2024 Freshworks was traded for 11.24 at the closing time. The top price for the day was 11.39 and the lowest listed price was 10.99 . The trading volume for the day was 2 M. The trading history from October 4, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 3.31% . The overall trading delta against the current closing price is 5.79% . |
Freshworks Fundamentals Correlations and Trends
By evaluating Freshworks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Freshworks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freshworks financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Freshworks Stock history
Freshworks 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 Freshworks is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freshworks 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 Freshworks stock prices may prove useful in developing a viable investing in Freshworks
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 293.1 M | 300.3 M | |
| Net Loss | -267 M | -280.3 M |
Freshworks Quarterly Net Working Capital |
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Freshworks Stock Technical Analysis
Freshworks 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
Freshworks Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Freshworks 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.
Freshworks December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Freshworks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freshworks shares will generate the highest return on investment. By undertsting and applying Freshworks stock market strength indicators, traders can identify Freshworks entry and exit signals to maximize returns
Freshworks Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freshworks' price direction in advance. Along with the technical and fundamental analysis of Freshworks Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freshworks 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 | 0.1227 | |||
| Jensen Alpha | 0.5375 | |||
| Total Risk Alpha | 0.4105 | |||
| Sortino Ratio | 0.2456 | |||
| Treynor Ratio | 0.3687 |
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Complementary Tools for Freshworks Stock analysis
When running Freshworks' price analysis, check to measure Freshworks' 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 Freshworks is operating at the current time. Most of Freshworks' value examination focuses on studying past and present price action to predict the probability of Freshworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freshworks' price. Additionally, you may evaluate how the addition of Freshworks to your portfolios can decrease your overall portfolio volatility.
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