Snowflake (Brazil) Price on September 13, 2024
| S2NW34 Stock | BRL 25.14 0.12 0.48% |
If you're considering investing in Snowflake Stock, it is important to understand the factors that can impact its price. As of today, the current price of Snowflake stands at 25.14, as last reported on the 25th of December, with the highest price reaching 25.74 and the lowest price hitting 24.95 during the day. Snowflake appears to be not too volatile, given 3 months investment horizon. Snowflake owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Snowflake's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please review Snowflake's Semi Deviation of 1.98, risk adjusted performance of 0.1474, and Coefficient Of Variation of 574.91 to confirm if our risk estimates are consistent with your expectations.
Snowflake Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Snowflake |
Sharpe Ratio = 0.1813
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | S2NW34 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.93 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.89 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Snowflake 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 Snowflake by adding it to a well-diversified portfolio.
Snowflake Valuation on September 13, 2024
It is possible to determine the worth of Snowflake on a given historical date. On September 13, 2024 Snowflake was worth 15.85 at the beginning of the trading date compared to the closed value of 15.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Snowflake stock. Still, in general, we apply an absolute valuation method to find Snowflake'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 Snowflake where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Snowflake's related companies.
| Open | High | Low | Close | Volume | |
| 15.85 | 15.97 | 15.85 | 15.97 | 181.00 | |
09/13/2024 | 15.85 | 15.92 | 15.69 | 15.78 | 2,508 |
| 15.94 | 15.94 | 15.42 | 15.46 | 8,372 |
| Backtest Snowflake | | | Snowflake History | | | Snowflake Valuation | Previous | Next |
Snowflake Trading Date Momentum on September 13, 2024
| On September 16 2024 Snowflake was traded for 15.46 at the closing time. The highest price during the trading period was 15.94 and the lowest recorded bid was listed for 15.42 . The volume for the day was 8.4 K. This history from September 16, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.03% . The trading price change to the current price is 4.82% . |
Snowflake Fundamentals Correlations and Trends
By evaluating Snowflake'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 Snowflake's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Snowflake financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Snowflake Stock history
Snowflake 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 Snowflake is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Snowflake 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 Snowflake stock prices may prove useful in developing a viable investing in Snowflake
Snowflake Inc. provides cloud-based data platform in the United States and internationally. Snowflake Inc. was incorporated in 2012 and is headquartered in San Mateo, California. SNOWFLAKE DRN operates under SoftwareApplication classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 2931 people.
Snowflake Stock Technical Analysis
Snowflake 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
Snowflake Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Snowflake cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Snowflake December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Snowflake stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Snowflake shares will generate the highest return on investment. By undertsting and applying Snowflake stock market strength indicators, traders can identify Snowflake entry and exit signals to maximize returns
Snowflake Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Snowflake's price direction in advance. Along with the technical and fundamental analysis of Snowflake Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Snowflake 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 | 0.1474 | |||
| Jensen Alpha | 0.7962 | |||
| Total Risk Alpha | 0.6155 | |||
| Sortino Ratio | 0.3093 | |||
| Treynor Ratio | 1.04 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Snowflake Stock analysis
When running Snowflake's price analysis, check to measure Snowflake'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 Snowflake is operating at the current time. Most of Snowflake's value examination focuses on studying past and present price action to predict the probability of Snowflake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snowflake's price. Additionally, you may evaluate how the addition of Snowflake to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |