SALESFORCECOM INC Market Value

79466LAH7   86.42  3.38  3.76%   
SALESFORCECOM's market value is the price at which a share of SALESFORCECOM trades on an exchange. It measures the collective expectations of SALESFORCECOM INC investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of SALESFORCECOM INC and determine expected loss or profit from investing in SALESFORCECOM over a given investment horizon.
Check out SALESFORCECOM Correlation, SALESFORCECOM Volatility and SALESFORCECOM Alpha and Beta module to complement your research on SALESFORCECOM.
Symbol

Please note, there is a significant difference between SALESFORCECOM's value and its price as these two are different measures arrived at by different means. Investors typically determine if SALESFORCECOM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SALESFORCECOM'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.

SALESFORCECOM '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 SALESFORCECOM's bond 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 SALESFORCECOM.
0.00
06/26/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/23/2024
0.00
If you would invest  0.00  in SALESFORCECOM on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding SALESFORCECOM INC or generate 0.0% return on investment in SALESFORCECOM over 180 days. SALESFORCECOM is related to or competes with U Haul, Rackspace Technology, Bill, Uber Technologies, Datadog, Sapiens International, and Paltalk. More

SALESFORCECOM 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 SALESFORCECOM's bond 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 SALESFORCECOM INC upside and downside potential and time the market with a certain degree of confidence.

SALESFORCECOM Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SALESFORCECOM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SALESFORCECOM's standard deviation. In reality, there are many statistical measures that can use SALESFORCECOM historical prices to predict the future SALESFORCECOM's volatility.
Hype
Prediction
LowEstimatedHigh
85.9086.4286.94
Details
Intrinsic
Valuation
LowRealHigh
80.1880.7095.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SALESFORCECOM. Your research has to be compared to or analyzed against SALESFORCECOM's peers to derive any actionable benefits. When done correctly, SALESFORCECOM's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SALESFORCECOM INC.

SALESFORCECOM INC Backtested Returns

SALESFORCECOM INC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the bond had a -0.14% return per unit of volatility over the last 3 months. SALESFORCECOM INC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SALESFORCECOM's Market Risk Adjusted Performance of (0.33), standard deviation of 0.88, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The entity has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SALESFORCECOM's returns are expected to increase less than the market. However, during the bear market, the loss of holding SALESFORCECOM is expected to be smaller as well.

Auto-correlation

    
  -0.64  

Very good reverse predictability

SALESFORCECOM INC has very good reverse predictability. Overlapping area represents the amount of predictability between SALESFORCECOM time series from 26th of June 2024 to 24th of September 2024 and 24th of September 2024 to 23rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SALESFORCECOM INC price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current SALESFORCECOM price fluctuation can be explain by its past prices.
Correlation Coefficient-0.64
Spearman Rank Test-0.65
Residual Average0.0
Price Variance0.77

SALESFORCECOM INC lagged returns against current returns

Autocorrelation, which is SALESFORCECOM bond'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 SALESFORCECOM's bond expected returns. We can calculate the autocorrelation of SALESFORCECOM returns to help us make a trade decision. For example, suppose you find that SALESFORCECOM has exhibited high autocorrelation historically, and you observe that the bond 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  

SALESFORCECOM 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 SALESFORCECOM bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SALESFORCECOM bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SALESFORCECOM bond over time.
   Current vs Lagged Prices   
       Timeline  

SALESFORCECOM Lagged Returns

When evaluating SALESFORCECOM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SALESFORCECOM bond have on its future price. SALESFORCECOM 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, SALESFORCECOM autocorrelation shows the relationship between SALESFORCECOM bond current value and its past values and can show if there is a momentum factor associated with investing in SALESFORCECOM INC.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in SALESFORCECOM Bond

SALESFORCECOM financial ratios help investors to determine whether SALESFORCECOM Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SALESFORCECOM with respect to the benefits of owning SALESFORCECOM security.