Spotify Technology (UK) Price on May 14, 2024

0SPT Stock   435.95  7.50  1.69%   
Below is the normalized historical share price chart for Spotify Technology SA extending back to April 04, 2018. 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 Spotify Technology stands at 435.95, as last reported on the 24th of December, with the highest price reaching 447.40 and the lowest price hitting 435.95 during the day.
200 Day MA
165.6233
50 Day MA
212.4711
Beta
1.561
 
Covid
If you're considering investing in Spotify Stock, it is important to understand the factors that can impact its price. Spotify Technology appears to be very steady, given 3 months investment horizon. Spotify Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Spotify Technology SA, which you can use to evaluate the volatility of the company. Please review Spotify Technology's Risk Adjusted Performance of 0.1681, coefficient of variation of 489.71, and Semi Deviation of 1.27 to confirm if our risk estimates are consistent with your expectations.
  
Spotify Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1965

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Estimated Market Risk

 2.18
  actual daily
19
81% of assets are more volatile

Expected Return

 0.43
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Spotify Technology is performing at about 15% 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 Spotify Technology by adding it to a well-diversified portfolio.
Book Value
22.984
Enterprise Value
85.1 B
Price Sales
5.2787
Shares Float
149 M
Shares Outstanding
181.1 M

Spotify Technology Valuation on May 14, 2024

It is possible to determine the worth of Spotify Technology on a given historical date. On May 14, 2024 Spotify was worth 269.2 at the beginning of the trading date compared to the closed value of 268.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spotify Technology stock. Still, in general, we apply an absolute valuation method to find Spotify Technology'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 Spotify Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spotify Technology's related companies.
 Open High Low Close Volume
  274.70    274.75    267.15    267.15    1,289  
05/14/2024
  269.20    269.95    268.20    268.20    329.00  
  275.25    278.00    272.80    278.00    1,149  
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Open Value
269.2
262.67
Downside
268.2
Closing Value
275.73
Upside

Spotify Technology Trading Date Momentum on May 14, 2024

On May 15 2024 Spotify Technology SA was traded for  278.00  at the closing time. The highest price during the trading period was 278.00  and the lowest recorded bid was listed for  272.80 . The volume for the day was 1.1 K. This history from May 15, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 3.65% . The trading price change to the current price is 3.30% .

Spotify Technology Fundamentals Correlations and Trends

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

About Spotify Technology Stock history

Spotify Technology 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 Spotify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spotify Technology 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 Spotify Technology stock prices may prove useful in developing a viable investing in Spotify Technology

Spotify Technology Stock Technical Analysis

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

Spotify Technology Period Price Range

Low
December 24, 2024
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High

 0.00 

     

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Spotify Technology SA cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.

Spotify Technology December 24, 2024 Market Strength

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

Spotify Technology Technical and Predictive Indicators

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

Additional Tools for Spotify Stock Analysis

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