Akamai Technologies Stock Price on August 1, 2024
| AKAM Stock | USD 94.02 0.16 0.17% |
Below is the normalized historical share price chart for Akamai Technologies extending back to October 29, 1999. 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 Akamai Technologies stands at 94.02, as last reported on the 1st of December, with the highest price reaching 94.86 and the lowest price hitting 93.68 during the day.
If you're considering investing in Akamai Stock, it is important to understand the factors that can impact its price. Akamai Technologies secures Sharpe Ratio (or Efficiency) of -0.0309, which signifies that the company had a -0.0309% return per unit of standard deviation over the last 3 months. Akamai Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Akamai Technologies' risk adjusted performance of (0.02), and Mean Deviation of 1.27 to double-check the risk estimate we provide.
At this time, Akamai Technologies' Common Stock Shares Outstanding is very stable compared to the past year. As of the 1st of December 2024, Liabilities And Stockholders Equity is likely to grow to about 10.4 B, while Common Stock Total Equity is likely to drop about 1.7 M. . At this time, Akamai Technologies' Price Earnings Ratio is very stable compared to the past year. As of the 1st of December 2024, Price Earnings To Growth Ratio is likely to grow to 3.80, while Price Book Value Ratio is likely to drop 3.73. Akamai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of October 1999 | 200 Day MA 99.1807 | 50 Day MA 98.7284 | Beta 0.678 |
Akamai |
Sharpe Ratio = -0.0309
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| Negative Returns | AKAM |
Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Akamai Technologies is not performing at its full potential. However, 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 Akamai Technologies by adding Akamai Technologies to a well-diversified portfolio.
Price Book 2.9462 | Enterprise Value Ebitda 13.3556 | Price Sales 3.5611 | Shares Float 147.3 M | Wall Street Target Price 112.9491 |
Related Headline
F5 Networks Headline on 1st of August 2024
Disposition of 678 shares by Thomas Fountain of F5 Networks ... by Thomas Fountain
Filed transaction by F5 Networks Officer: Evp Global Services & Strategy. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Akamai Technologies Valuation on August 1, 2024
It is possible to determine the worth of Akamai Technologies on a given historical date. On August 1, 2024 Akamai was worth 98.01 at the beginning of the trading date compared to the closed value of 95.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akamai Technologies stock. Still, in general, we apply an absolute valuation method to find Akamai Technologies' 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 Akamai Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akamai Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 98.12 | 98.98 | 97.75 | 98.28 | 1,036,748 | |
08/01/2024 | 98.01 | 98.46 | 95.25 | 95.44 | 1,223,710 |
| 95.19 | 95.60 | 93.81 | 94.56 | 1,220,591 |
| Backtest Akamai Technologies | | | Akamai Technologies History | | | Akamai Technologies Valuation | Previous | Next |
Akamai Technologies Trading Date Momentum on August 1, 2024
| On August 02 2024 Akamai Technologies was traded for 94.56 at the closing time. The top price for the day was 95.60 and the lowest listed price was 93.81 . The trading volume for the day was 1.2 M. The trading history from August 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.92% . The overall trading delta against the current closing price is 6.06% . |
Akamai Technologies Fundamentals Correlations and Trends
By evaluating Akamai Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Akamai Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akamai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akamai Technologies Stock history
Akamai Technologies 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 Akamai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akamai Technologies 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 Akamai Technologies stock prices may prove useful in developing a viable investing in Akamai Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 155.4 M | 166.9 M | |
| Net Income Applicable To Common Shares | 602.2 M | 311.5 M |
Akamai Technologies Quarterly Net Working Capital |
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Akamai Technologies Stock Technical Analysis
Akamai Technologies 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
Akamai Technologies Period Price Range
Low | December 1, 2024
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0.00 | 0.00 |
Akamai Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Akamai Technologies December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Akamai Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akamai Technologies shares will generate the highest return on investment. By undertsting and applying Akamai Technologies stock market strength indicators, traders can identify Akamai Technologies entry and exit signals to maximize returns
Akamai Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akamai Technologies' price direction in advance. Along with the technical and fundamental analysis of Akamai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akamai 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 | (0.02) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.08) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akamai Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Akamai Stock, please use our How to Invest in Akamai Technologies guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Internet Services & Infrastructure 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 Akamai Technologies. If investors know Akamai 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 Akamai Technologies 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 (0.64) | Earnings Share 3.38 | Revenue Per Share 26.167 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0419 |
The market value of Akamai Technologies is measured differently than its book value, which is the value of Akamai that is recorded on the company's balance sheet. Investors also form their own opinion of Akamai Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akamai Technologies' 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 Akamai Technologies' market value can be influenced by many factors that don't directly affect Akamai Technologies' 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 Akamai Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akamai Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akamai Technologies' 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.