Salesforce Stock Price on December 5, 2024
CRM Stock | USD 354.31 3.72 1.04% |
Below is the normalized historical share price chart for Salesforce extending back to June 23, 2004. 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 Salesforce stands at 354.31, as last reported on the 15th of December 2024, with the highest price reaching 364.80 and the lowest price hitting 352.50 during the day.
If you're considering investing in Salesforce Stock, it is important to understand the factors that can impact its price. Salesforce appears to be very steady, given 3 months investment horizon. Salesforce owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. By inspecting Salesforce's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Salesforce's Risk Adjusted Performance of 0.1832, semi deviation of 1.04, and Coefficient Of Variation of 410.77 to confirm if our risk estimates are consistent with your expectations.
At this time, Salesforce's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Salesforce's Price Cash Flow Ratio is very stable compared to the past year. As of the 15th of December 2024, Price Sales Ratio is likely to grow to 10.55, while Price Earnings Ratio is likely to drop 62.89. Salesforce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of June 2004 | 200 Day MA 280.0421 | 50 Day MA 316.6154 | Beta 1.288 |
Salesforce |
Sharpe Ratio = 0.2355
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Estimated Market Risk
2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Salesforce is performing at about 18% 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 Salesforce by adding it to a well-diversified portfolio.
Price Book 5.7937 | Enterprise Value Ebitda 30.9968 | Price Sales 9.2986 | Shares Float 929.2 M | Wall Street Target Price 395.3258 |
Salesforce Main Headline on 5th of December 2024
Salesforce Shares Down 0.2 percent After Earnings Miss by thelincolnianonline.com
Salesforce, Inc. was down 0.2 percent during trading on Tuesday after the company announced weaker than expected quarterly earnings. The stock traded as low as 323.65 and last traded at 330.31. Approximately 2,503,109 shares traded hands during trading, a decline of 60 percent from the average daily volume of 6,272,413 shares. The
Salesforce Valuation on December 5, 2024
It is possible to determine the worth of Salesforce on a given historical date. On December 5, 2024 Salesforce was worth 360.78 at the beginning of the trading date compared to the closed value of 361.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salesforce stock. Still, in general, we apply an absolute valuation method to find Salesforce'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 Salesforce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salesforce's related companies.
Open | High | Low | Close | Volume | |
366.81 | 369.00 | 356.65 | 367.87 | 24,722,109 | |
12/05/2024 | 360.78 | 365.45 | 356.67 | 361.38 | 10,938,811 |
364.99 | 367.15 | 361.09 | 361.99 | 5,737,482 |
Backtest Salesforce | | | Salesforce History | | | Salesforce Valuation | Previous | Next |
Salesforce Trading Date Momentum on December 5, 2024
On December 06 2024 Salesforce was traded for 361.99 at the closing time. Highest Salesforce's price during the trading hours was 367.15 and the lowest price during the day was 361.09 . The net volume was 5.7 M. The overall trading history on the 6th of December contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.17% . The trading price change to current price is 0.72% . |
Salesforce Fundamentals Correlations and Trends
By evaluating Salesforce'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 Salesforce's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salesforce financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Salesforce Stock history
Salesforce 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 Salesforce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salesforce 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 Salesforce stock prices may prove useful in developing a viable investing in Salesforce
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 984 M | 642.1 M | |
Net Income Applicable To Common Shares | 239.2 M | 388.6 M |
Salesforce Stock Technical Analysis
Salesforce 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
Salesforce Period Price Range
Low | December 15, 2024
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0.00 | 0.00 |
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Salesforce December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Salesforce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salesforce shares will generate the highest return on investment. By undertsting and applying Salesforce stock market strength indicators, traders can identify Salesforce entry and exit signals to maximize returns
Salesforce Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salesforce's price direction in advance. Along with the technical and fundamental analysis of Salesforce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salesforce 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 | 0.1832 | |||
Jensen Alpha | 0.4005 | |||
Total Risk Alpha | 0.2518 | |||
Sortino Ratio | 0.2863 | |||
Treynor Ratio | 0.3804 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salesforce. If investors know Salesforce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salesforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.148 | Earnings Share 6.06 | Revenue Per Share 37.632 | Quarterly Revenue Growth 0.084 | Return On Assets 0.0471 |
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salesforce's market value can be influenced by many factors that don't directly affect Salesforce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce'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.