ServiceNow (Germany) Market Value

4S0 Stock  EUR 773.80  26.20  3.50%   
ServiceNow's market value is the price at which a share of ServiceNow trades on a public exchange. It measures the collective expectations of ServiceNow investors about its performance. ServiceNow is trading at 773.80 as of the 16th of March 2025. This is a 3.50 percent increase since the beginning of the trading day. The stock's lowest day price was 752.5.
With this module, you can estimate the performance of a buy and hold strategy of ServiceNow and determine expected loss or profit from investing in ServiceNow over a given investment horizon. Check out ServiceNow Correlation, ServiceNow Volatility and ServiceNow Alpha and Beta module to complement your research on ServiceNow.
For more detail on how to invest in ServiceNow Stock please use our How to Invest in ServiceNow guide.
Symbol

Please note, there is a significant difference between ServiceNow's value and its price as these two are different measures arrived at by different means. Investors typically determine if ServiceNow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ServiceNow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

ServiceNow 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ServiceNow's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ServiceNow.
0.00
12/16/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/16/2025
0.00
If you would invest  0.00  in ServiceNow on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding ServiceNow or generate 0.0% return on investment in ServiceNow over 90 days. ServiceNow is related to or competes with MCEWEN MINING, CarsalesCom, COMMERCIAL VEHICLE, Commercial Vehicle, DISTRICT METALS, and Harmony Gold. ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and auto... More

ServiceNow Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ServiceNow's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ServiceNow upside and downside potential and time the market with a certain degree of confidence.

ServiceNow Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ServiceNow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ServiceNow's standard deviation. In reality, there are many statistical measures that can use ServiceNow historical prices to predict the future ServiceNow's volatility.
Hype
Prediction
LowEstimatedHigh
745.05747.60750.15
Details
Intrinsic
Valuation
LowRealHigh
699.71702.26822.36
Details
Naive
Forecast
LowNextHigh
712.81715.36717.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
717.62921.721,126
Details

ServiceNow Backtested Returns

ServiceNow owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22 % return per unit of risk over the last 3 months. ServiceNow exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate ServiceNow's Coefficient Of Variation of (457.04), variance of 6.51, and Risk Adjusted Performance of (0.18) to confirm the risk estimate we provide. The entity has a beta of -0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ServiceNow are expected to decrease at a much lower rate. During the bear market, ServiceNow is likely to outperform the market. At this point, ServiceNow has a negative expected return of -0.56%. Please make sure to validate ServiceNow's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if ServiceNow performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.32  

Poor reverse predictability

ServiceNow has poor reverse predictability. Overlapping area represents the amount of predictability between ServiceNow time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ServiceNow price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current ServiceNow price fluctuation can be explain by its past prices.
Correlation Coefficient-0.32
Spearman Rank Test-0.14
Residual Average0.0
Price Variance5361.85

ServiceNow lagged returns against current returns

Autocorrelation, which is ServiceNow stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ServiceNow's stock expected returns. We can calculate the autocorrelation of ServiceNow returns to help us make a trade decision. For example, suppose you find that ServiceNow has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

ServiceNow regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ServiceNow stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ServiceNow stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ServiceNow stock over time.
   Current vs Lagged Prices   
       Timeline  

ServiceNow Lagged Returns

When evaluating ServiceNow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ServiceNow stock have on its future price. ServiceNow autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ServiceNow autocorrelation shows the relationship between ServiceNow stock current value and its past values and can show if there is a momentum factor associated with investing in ServiceNow.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in ServiceNow Stock

When determining whether ServiceNow is a strong investment it is important to analyze ServiceNow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ServiceNow's future performance. For an informed investment choice regarding ServiceNow Stock, refer to the following important reports:
Check out ServiceNow Correlation, ServiceNow Volatility and ServiceNow Alpha and Beta module to complement your research on ServiceNow.
For more detail on how to invest in ServiceNow Stock please use our How to Invest in ServiceNow guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
ServiceNow 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 ServiceNow technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ServiceNow 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...