Servicenow Stock Performance
| NOW Stock | USD 1,041 28.67 2.68% |
On a scale of 0 to 100, ServiceNow holds a performance score of 15. The entity has a beta of 1.07, which indicates a somewhat significant risk relative to the market. ServiceNow returns are very sensitive to returns on the market. As the market goes up or down, ServiceNow is expected to follow. Please check ServiceNow's total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power , to make a quick decision on whether ServiceNow's existing price patterns will revert.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in ServiceNow are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly conflicting basic indicators, ServiceNow showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (2.36) | Five Day Return (0.58) | Year To Date Return 51.97 | Ten Year Return 1.5 K | All Time Return 4.1 K |
1 | What Contributes to ServiceNows Strong Performance | 11/07/2024 |
2 | Disposition of 124 shares by Paul Smith of ServiceNow at 1049.353 subject to Rule 16b-3 | 11/13/2024 |
3 | Jim Cramer on How ServiceNow Inc s AI Partnerships Are Driving Its Soaring Growth | 11/15/2024 |
4 | Banque Cantonale Vaudoise Increases Stake in ServiceNow, Inc. | 11/19/2024 |
5 | ServiceNow, Inc. Expands Partnership with Microsoft to Streamline Workflows with AI-Powered Integration | 11/20/2024 |
6 | Why Is Snowflake Stock Soaring Today | 11/21/2024 |
7 | ServiceNow, Inc.s Price Is Out Of Tune With Revenues | 11/22/2024 |
8 | ServiceNow, Inc. Capitalizing on AI for Continued Growth and Strong Q3 Performance | 11/26/2024 |
| Begin Period Cash Flow | 1.5 B |
ServiceNow |
ServiceNow Relative Risk vs. Return Landscape
If you would invest 85,500 in ServiceNow on August 30, 2024 and sell it today you would earn a total of 18,640 from holding ServiceNow or generate 21.8% return on investment over 90 days. ServiceNow is generating 0.3277% of daily returns assuming volatility of 1.6998% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than ServiceNow, and above 94% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ServiceNow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ServiceNow's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ServiceNow, and traders can use it to determine the average amount a ServiceNow's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1928
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| Small Returns | NOW | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average ServiceNow 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 ServiceNow by adding it to a well-diversified portfolio.
ServiceNow Fundamentals Growth
ServiceNow Stock prices reflect investors' perceptions of the future prospects and financial health of ServiceNow, and ServiceNow fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ServiceNow Stock performance.
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.047 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 217.72 B | ||||
| Shares Outstanding | 206.32 M | ||||
| Price To Earning | 415.52 X | ||||
| Price To Book | 23.76 X | ||||
| Price To Sales | 21.10 X | ||||
| Revenue | 8.97 B | ||||
| Gross Profit | 5.67 B | ||||
| EBITDA | 1.29 B | ||||
| Net Income | 1.73 B | ||||
| Cash And Equivalents | 1.47 B | ||||
| Cash Per Share | 19.55 X | ||||
| Total Debt | 2.28 B | ||||
| Debt To Equity | 0.47 % | ||||
| Current Ratio | 1.24 X | ||||
| Book Value Per Share | 45.03 X | ||||
| Cash Flow From Operations | 3.4 B | ||||
| Earnings Per Share | 6.42 X | ||||
| Market Capitalization | 220.77 B | ||||
| Total Asset | 17.39 B | ||||
| Retained Earnings | 2.07 B | ||||
| Working Capital | 412 M | ||||
| Current Asset | 1.09 B | ||||
| Current Liabilities | 731.64 M | ||||
About ServiceNow Performance
Evaluating ServiceNow's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ServiceNow has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ServiceNow has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 77.06 | 60.30 | |
| Return On Tangible Assets | 0.11 | 0.11 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.10 | 0.10 | |
| Return On Equity | 0.23 | 0.24 |
Things to note about ServiceNow performance evaluation
Checking the ongoing alerts about ServiceNow for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ServiceNow help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ServiceNow is unlikely to experience financial distress in the next 2 years | |
| ServiceNow has a strong financial position based on the latest SEC filings | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: ServiceNow, Inc. Capitalizing on AI for Continued Growth and Strong Q3 Performance |
- Analyzing ServiceNow's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ServiceNow's stock is overvalued or undervalued compared to its peers.
- Examining ServiceNow's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ServiceNow's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ServiceNow's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ServiceNow's stock. These opinions can provide insight into ServiceNow's potential for growth and whether the stock is currently undervalued or overvalued.
Additional 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.