Cloudflare Stock Market Value
| NET Stock | USD 99.37 2.86 2.80% |
| Symbol | Cloudflare |
Cloudflare Price To Book Ratio
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 Cloudflare. If investors know Cloudflare 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 Cloudflare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 4.629 | Quarterly Revenue Growth 0.282 | Return On Assets (0.03) | Return On Equity (0.11) |
The market value of Cloudflare is measured differently than its book value, which is the value of Cloudflare that is recorded on the company's balance sheet. Investors also form their own opinion of Cloudflare's value that differs from its market value or its book value, called intrinsic value, which is Cloudflare'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 Cloudflare's market value can be influenced by many factors that don't directly affect Cloudflare'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 Cloudflare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cloudflare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cloudflare'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.
Cloudflare '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 Cloudflare's stock 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 Cloudflare.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Cloudflare on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Cloudflare or generate 0.0% return on investment in Cloudflare over 30 days. Cloudflare is related to or competes with Palo Alto, Zscaler, Okta, Adobe Systems, Crowdstrike Holdings, MongoDB, and Palantir Technologies. CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide More
Cloudflare 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 Cloudflare's stock 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 Cloudflare upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.07 | |||
| Information Ratio | 0.0908 | |||
| Maximum Drawdown | 13.45 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 5.47 |
Cloudflare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cloudflare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cloudflare's standard deviation. In reality, there are many statistical measures that can use Cloudflare historical prices to predict the future Cloudflare's volatility.| Risk Adjusted Performance | 0.1133 | |||
| Jensen Alpha | 0.1632 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1189 | |||
| Treynor Ratio | 0.2168 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cloudflare's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cloudflare Backtested Returns
Cloudflare appears to be very steady, given 3 months investment horizon. Cloudflare secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Cloudflare, which you can use to evaluate the volatility of the firm. Please makes use of Cloudflare's Downside Deviation of 2.07, risk adjusted performance of 0.1133, and Mean Deviation of 2.01 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cloudflare holds a performance score of 9. The firm shows a Beta (market volatility) of 1.69, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cloudflare will likely underperform. Please check Cloudflare's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Cloudflare's price patterns will revert.
Auto-correlation | 0.78 |
Good predictability
Cloudflare has good predictability. Overlapping area represents the amount of predictability between Cloudflare time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Cloudflare price movement. The serial correlation of 0.78 indicates that around 78.0% of current Cloudflare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 26.03 |
Cloudflare lagged returns against current returns
Autocorrelation, which is Cloudflare stock'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 Cloudflare's stock expected returns. We can calculate the autocorrelation of Cloudflare returns to help us make a trade decision. For example, suppose you find that Cloudflare has exhibited high autocorrelation historically, and you observe that the stock 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 |
Cloudflare 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 Cloudflare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cloudflare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cloudflare stock over time.
Current vs Lagged Prices |
| Timeline |
Cloudflare Lagged Returns
When evaluating Cloudflare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cloudflare stock have on its future price. Cloudflare 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, Cloudflare autocorrelation shows the relationship between Cloudflare stock current value and its past values and can show if there is a momentum factor associated with investing in Cloudflare.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Cloudflare Stock Analysis
When running Cloudflare's price analysis, check to measure Cloudflare'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 Cloudflare is operating at the current time. Most of Cloudflare's value examination focuses on studying past and present price action to predict the probability of Cloudflare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cloudflare's price. Additionally, you may evaluate how the addition of Cloudflare to your portfolios can decrease your overall portfolio volatility.