ServiceNow (Brazil) Price on September 1, 2024
| N1OW34 Stock | BRL 133.21 2.45 1.81% |
If you're considering investing in ServiceNow Stock, it is important to understand the factors that can impact its price. As of today, the current price of ServiceNow stands at 133.21, as last reported on the 27th of December, with the highest price reaching 136.08 and the lowest price hitting 132.00 during the day. ServiceNow appears to be very steady, given 3 months investment horizon. ServiceNow owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. By inspecting ServiceNow's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please review ServiceNow's Coefficient Of Variation of 454.14, semi deviation of 1.18, and Risk Adjusted Performance of 0.1814 to confirm if our risk estimates are consistent with your expectations.
ServiceNow Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ServiceNow |
Sharpe Ratio = 0.2847
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Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average ServiceNow is performing at about 22% 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 ServiceNow by adding it to a well-diversified portfolio.
ServiceNow Valuation on September 1, 2024
It is possible to determine the worth of ServiceNow on a given historical date. On September 1, 2024 ServiceNow was worth 95.76 at the beginning of the trading date compared to the closed value of 95.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ServiceNow stock. Still, in general, we apply an absolute valuation method to find ServiceNow'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 ServiceNow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ServiceNow's related companies.
| Open | High | Low | Close | Volume | |
| 94.45 | 95.49 | 93.50 | 93.50 | 209.00 | |
08/30/2024 | 95.76 | 95.76 | 94.73 | 95.07 | 3,067 |
| 96.98 | 96.98 | 96.98 | 96.98 | 8.00 |
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ServiceNow Trading Date Momentum on September 1, 2024
| On September 02 2024 ServiceNow was traded for 96.98 at the closing time. The highest price during the trading period was 96.98 and the lowest recorded bid was listed for 96.98 . The volume for the day was 8.0. This history from September 2, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.01% . The trading price change to the current price is 1.26% . |
ServiceNow Fundamentals Correlations and Trends
By evaluating ServiceNow'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 ServiceNow's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ServiceNow financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ServiceNow Stock history
ServiceNow 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 ServiceNow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ServiceNow 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 ServiceNow stock prices may prove useful in developing a viable investing in ServiceNow
ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company was incorporated in 2004 and is headquartered in Santa Clara, California. SERVICENOW DRN operates under SoftwareApplication classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 13096 people.
ServiceNow Stock Technical Analysis
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.
Price Boundaries
ServiceNow Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
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ServiceNow December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how ServiceNow stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ServiceNow shares will generate the highest return on investment. By undertsting and applying ServiceNow stock market strength indicators, traders can identify ServiceNow entry and exit signals to maximize returns
ServiceNow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ServiceNow's price direction in advance. Along with the technical and fundamental analysis of ServiceNow Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ServiceNow 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 | 0.1814 | |||
| Jensen Alpha | 0.4138 | |||
| Total Risk Alpha | 0.3567 | |||
| Sortino Ratio | 0.2505 | |||
| Treynor Ratio | (2.21) |
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Complementary Tools for ServiceNow Stock analysis
When running ServiceNow's price analysis, check to measure ServiceNow'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 ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.
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