Pure Storage Stock Price on December 19, 2024

PSTG Stock  USD 64.75  0.95  1.49%   
Below is the normalized historical share price chart for Pure Storage extending back to October 07, 2015. 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 Pure Storage stands at 64.75, as last reported on the 26th of December, with the highest price reaching 64.75 and the lowest price hitting 63.71 during the day.
IPO Date
7th of October 2015
200 Day MA
56.1754
50 Day MA
55.6754
Beta
1.103
 
Yuan Drop
 
Covid
If you're considering investing in Pure Stock, it is important to understand the factors that can impact its price. Pure Storage appears to be very steady, given 3 months investment horizon. Pure Storage maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Pure Storage's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please evaluate Pure Storage's Coefficient Of Variation of 842.03, risk adjusted performance of 0.1029, and Semi Deviation of 2.69 to confirm if our risk estimates are consistent with your expectations.
  
The Pure Storage's current Stock Based Compensation To Revenue is estimated to increase to 0.14, while Total Stockholder Equity is projected to decrease to roughly 640.7 M. . At this time, Pure Storage's Price Cash Flow Ratio is most likely to slightly decrease in the upcoming years. Pure Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.128

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Estimated Market Risk

 3.9
  actual daily
34
66% of assets are more volatile

Expected Return

 0.5
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Pure Storage is performing at about 10% 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 Pure Storage by adding it to a well-diversified portfolio.
Price Book
14.9752
Enterprise Value Ebitda
65.3206
Price Sales
7.0181
Shares Float
310.4 M
Wall Street Target Price
71.7833

Pure Storage Main Headline on 19th of December 2024

We recently compiled a list of the 10 Best Data Storage Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Pure Storage Inc. stands against the other data storage stocks. Data storage involves systematically archiving digital information to ensure its availability and security for future

Pure Storage Valuation on December 19, 2024

It is possible to determine the worth of Pure Storage on a given historical date. On December 19, 2024 Pure was worth 62.92 at the beginning of the trading date compared to the closed value of 62.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pure Storage stock. Still, in general, we apply an absolute valuation method to find Pure Storage'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 Pure Storage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pure Storage's related companies.
 Open High Low Close Volume
  65.69    66.28    62.53    62.59    3,749,294  
12/19/2024
  62.92    63.64    61.01    62.34    4,573,242  
  61.80    65.20    61.35    64.40    6,530,368  
Backtest Pure Storage  |  Pure Storage History  |  Pure Storage Valuation   PreviousNext  
Open Value
62.92
62.34
Closing Value
74.63
Upside

Pure Storage Trading Date Momentum on December 19, 2024

On December 20 2024 Pure Storage was traded for  64.40  at the closing time. The top price for the day was 65.20  and the lowest listed price was  61.35 . The trading volume for the day was 6.5 M. The trading history from December 20, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 3.30% . The trading delta at closing time against the current closing price is 2.58% .

Pure Storage Fundamentals Correlations and Trends

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

About Pure Storage Stock history

Pure Storage 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 Pure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pure Storage 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 Pure Storage stock prices may prove useful in developing a viable investing in Pure Storage
Last ReportedProjected for Next Year
Common Stock Shares Outstanding332.6 M251 M
Net Income Applicable To Common Shares84 M88.2 M

Pure Storage Quarterly Net Working Capital

1.12 Billion

Pure Storage Stock Technical Analysis

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

Pure Storage Period Price Range

Low
December 26, 2024
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Pure Storage December 26, 2024 Market Strength

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

Pure Storage Technical and Predictive Indicators

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

Complementary Tools for Pure Stock analysis

When running Pure Storage's price analysis, check to measure Pure Storage'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 Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
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