SALESFORCE INC (Germany) Price on May 3, 2023
| FOO0 Stock | 17.50 0.80 4.37% |
If you're considering investing in SALESFORCE Stock, it is important to understand the factors that can impact its price. As of today, the current price of SALESFORCE INC stands at 17.50, as last reported on the 29th of November, with the highest price reaching 17.50 and the lowest price hitting 17.50 during the day. SALESFORCE INC appears to be very steady, given 3 months investment horizon. SALESFORCE INC CDR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the company had a 0.25% return per unit of volatility over the last 3 months. By analyzing SALESFORCE INC's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review SALESFORCE INC's Market Risk Adjusted Performance of 6.38, risk adjusted performance of 0.1654, and Downside Deviation of 1.54 to confirm if our risk estimates are consistent with your expectations.
SALESFORCE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SALESFORCE |
Sharpe Ratio = 0.2475
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Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average SALESFORCE INC is performing at about 19% 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 INC by adding it to a well-diversified portfolio.
SALESFORCE INC Valuation on May 3, 2023
It is possible to determine the worth of SALESFORCE INC on a given historical date. On May 3, 2023 SALESFORCE was worth 10.23 at the beginning of the trading date compared to the closed value of 10.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SALESFORCE INC stock. Still, in general, we apply an absolute valuation method to find SALESFORCE INC'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 INC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SALESFORCE INC's related companies.
| Open | High | Low | Close | Volume | |
| 10.53 | 10.53 | 10.53 | 10.53 | 1.00 | |
05/03/2023 | 10.23 | 10.23 | 10.23 | 10.23 | 1.00 |
| 10.13 | 10.13 | 10.13 | 10.13 | 1.00 |
| Backtest SALESFORCE INC | | | SALESFORCE INC History | | | SALESFORCE INC Valuation | Previous | Next |
SALESFORCE INC Trading Date Momentum on May 3, 2023
| On May 04 2023 SALESFORCE INC CDR was traded for 10.13 at the closing time. The maximum traded price for the trading interval was 10.13 and the lowest daily price was 10.13 . There was no trading activity during the period 1.0. Lack of trading volume on 4th of May 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.98% . The trading price change to the closing price today is 6.84% . |
About SALESFORCE INC Stock history
SALESFORCE INC 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 INC CDR 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 INC stock prices may prove useful in developing a viable investing in SALESFORCE INC
SALESFORCE INC Stock Technical Analysis
SALESFORCE INC 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 INC Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
SALESFORCE INC CDR cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
SALESFORCE INC November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how SALESFORCE INC 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 INC shares will generate the highest return on investment. By undertsting and applying SALESFORCE INC stock market strength indicators, traders can identify SALESFORCE INC CDR entry and exit signals to maximize returns
SALESFORCE INC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SALESFORCE INC'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 | 0.1654 | |||
| Jensen Alpha | 0.4248 | |||
| Total Risk Alpha | 0.1115 | |||
| Sortino Ratio | 0.2066 | |||
| Treynor Ratio | 6.37 |
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| Volume Indicators |
Complementary Tools for SALESFORCE Stock analysis
When running SALESFORCE INC's price analysis, check to measure SALESFORCE INC'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 SALESFORCE INC is operating at the current time. Most of SALESFORCE INC's value examination focuses on studying past and present price action to predict the probability of SALESFORCE INC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SALESFORCE INC's price. Additionally, you may evaluate how the addition of SALESFORCE INC to your portfolios can decrease your overall portfolio volatility.
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