Cloudflare Stock Price on June 16, 2023
NET Stock | USD 112.58 1.00 0.90% |
Below is the normalized historical share price chart for Cloudflare extending back to September 13, 2019. 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 Cloudflare stands at 112.58, as last reported on the 25th of December, with the highest price reaching 113.10 and the lowest price hitting 111.70 during the day.
If you're considering investing in Cloudflare Stock, it is important to understand the factors that can impact its price. Cloudflare appears to be very steady, given 3 months investment horizon. Cloudflare secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. By analyzing Cloudflare's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Cloudflare's Risk Adjusted Performance of 0.1453, mean deviation of 2.2, and Downside Deviation of 2.31 to double-check if our risk estimates are consistent with your expectations.
At this time, Cloudflare's Stock Based Compensation is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.22 in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 316 M in 2024. . At this time, Cloudflare's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 38.23 in 2024, whereas Price Cash Flow Ratio is likely to drop 56.38 in 2024. Cloudflare Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of September 2019 | 200 Day MA 86.3632 | 50 Day MA 98.9308 | Beta 1.097 |
Cloudflare |
Sharpe Ratio = 0.1805
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Estimated Market Risk
2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Cloudflare 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 Cloudflare by adding it to a well-diversified portfolio.
Price Book 39.7052 | Enterprise Value Ebitda 820.4571 | Price Sales 24.5757 | Shares Float 303.4 M | Wall Street Target Price 97.822 |
Cloudflare Valuation on June 16, 2023
It is possible to determine the worth of Cloudflare on a given historical date. On June 16, 2023 Cloudflare was worth 71.01 at the beginning of the trading date compared to the closed value of 67.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cloudflare stock. Still, in general, we apply an absolute valuation method to find Cloudflare'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 Cloudflare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cloudflare's related companies.
Open | High | Low | Close | Volume | |
67.55 | 71.05 | 67.55 | 70.25 | 4,234,837 | |
06/16/2023 | 71.01 | 71.36 | 67.15 | 67.63 | 3,671,529 |
66.90 | 68.79 | 66.05 | 67.18 | 2,797,952 |
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Cloudflare Trading Date Momentum on June 16, 2023
On June 20 2023 Cloudflare was traded for 67.18 at the closing time. Highest Cloudflare's price during the trading hours was 68.79 and the lowest price during the day was 66.05 . The net volume was 2.8 M. The overall trading history on the 20th of June contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.67% . The overall trading delta to current price is 6.85% . |
Cloudflare Fundamentals Correlations and Trends
By evaluating Cloudflare'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 Cloudflare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cloudflare financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cloudflare Stock history
Cloudflare 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 Cloudflare is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cloudflare 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 Cloudflare stock prices may prove useful in developing a viable investing in Cloudflare
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 333.7 M | 316 M | |
Net Loss | -174 M | -182.7 M |
Cloudflare Quarterly Net Working Capital |
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Cloudflare Stock Technical Analysis
Cloudflare 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
Cloudflare Period Price Range
Low | December 25, 2024
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0.00 | 0.00 |
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Cloudflare December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Cloudflare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cloudflare shares will generate the highest return on investment. By undertsting and applying Cloudflare stock market strength indicators, traders can identify Cloudflare entry and exit signals to maximize returns
Cloudflare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cloudflare's price direction in advance. Along with the technical and fundamental analysis of Cloudflare Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cloudflare 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 | 0.1453 | |||
Jensen Alpha | 0.4968 | |||
Total Risk Alpha | 0.3644 | |||
Sortino Ratio | 0.1969 | |||
Treynor Ratio | (2.60) |
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Additional Tools for Cloudflare Stock Analysis
When running Cloudflare's price analysis, check to measure Cloudflare'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 Cloudflare is operating at the current time. Most of Cloudflare's value examination focuses on studying past and present price action to predict the probability of Cloudflare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cloudflare's price. Additionally, you may evaluate how the addition of Cloudflare to your portfolios can decrease your overall portfolio volatility.