Akamai Technologies Stock Price on October 31, 2024

AKAM Stock  USD 92.90  1.82  2.00%   
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 92.90, as last reported on the 25th of November, with the highest price reaching 93.20 and the lowest price hitting 90.74 during the day.
IPO Date
29th of October 1999
200 Day MA
99.7842
50 Day MA
99.0962
Beta
0.678
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.0486, which signifies that the company had a -0.0486% 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 (0.03), and Mean Deviation of 1.25 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 25th of November 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 25th of November 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.

Sharpe Ratio = -0.0486

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Estimated Market Risk

 2.24
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  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
2.9111
Enterprise Value Ebitda
13.224
Price Sales
3.5187
Shares Float
147.3 M
Wall Street Target Price
112.9491

Akamai Technologies Main Headline on 31st of October 2024

A similar vulnerability had been patched before, but it still persists

Akamai Technologies Valuation on October 31, 2024

It is possible to determine the worth of Akamai Technologies on a given historical date. On October 31, 2024 Akamai was worth 101.72 at the beginning of the trading date compared to the closed value of 101.08. 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
  102.96    104.13    101.65    101.85    2,246,987  
10/31/2024
  101.72    101.97    100.54    101.08    1,954,303  
  101.16    101.87    100.22    100.57    1,373,226  
Backtest Akamai Technologies  |  Akamai Technologies History  |  Akamai Technologies Valuation   PreviousNext  
Open Value
101.72
101.08
Closing Value
108.45
Upside

Akamai Technologies Trading Date Momentum on October 31, 2024

On November 01 2024 Akamai Technologies was traded for  100.57  at the closing time. The top price for the day was 101.87  and the lowest listed price was  100.22 . The trading volume for the day was 1.4 M. The trading history from November 1, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.50% . The overall trading delta against the current closing price is 9.33% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding155.4 M166.9 M
Net Income Applicable To Common Shares602.2 M311.5 M

Akamai Technologies Quarterly Net Working Capital

651.41 Million

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.
A focus of Akamai Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Akamai Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Akamai Technologies Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 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 November 25, 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.
When determining whether Akamai Technologies is a strong investment it is important to analyze Akamai Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Akamai Technologies' future performance. For an informed investment choice regarding Akamai Stock, refer to the following important reports:
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.