Salesforce Stock Price on October 16, 2024
| CRM Stock | USD 335.78 10.08 3.09% |
Below is the normalized historical share price chart for Salesforce extending back to June 23, 2004. 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 Salesforce stands at 335.78, as last reported on the 22nd of November, with the highest price reaching 342.94 and the lowest price hitting 328.60 during the day.
If you're considering investing in Salesforce Stock, it is important to understand the factors that can impact its price. Salesforce appears to be very steady, given 3 months investment horizon. Salesforce owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Salesforce, which you can use to evaluate the volatility of the company. Please review Salesforce's Coefficient Of Variation of 478.73, semi deviation of 0.9445, and Risk Adjusted Performance of 0.1628 to confirm if our risk estimates are consistent with your expectations.
At this time, Salesforce's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Salesforce's Price Cash Flow Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price Sales Ratio is likely to grow to 10.55, while Price Earnings Ratio is likely to drop 62.89. Salesforce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of June 2004 | 200 Day MA 275.7166 | 50 Day MA 291.2158 | Beta 1.288 |
Salesforce |
Sharpe Ratio = 0.2288
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | CRM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Salesforce is performing at about 18% 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 Salesforce by adding it to a well-diversified portfolio.
Price Book 5.4026 | Enterprise Value Ebitda 29.3931 | Price Sales 8.5389 | Shares Float 929.2 M | Dividend Share 0.8 |
Salesforce Valuation on October 16, 2024
It is possible to determine the worth of Salesforce on a given historical date. On October 16, 2024 Salesforce was worth 287.55 at the beginning of the trading date compared to the closed value of 290.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salesforce stock. Still, in general, we apply an absolute valuation method to find Salesforce'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 Salesforce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salesforce's related companies.
| Open | High | Low | Close | Volume | |
| 293.46 | 293.58 | 288.00 | 288.35 | 3,848,501 | |
10/16/2024 | 287.55 | 290.92 | 284.23 | 290.86 | 3,496,205 |
| 291.96 | 293.34 | 290.10 | 291.11 | 2,829,433 |
| Backtest Salesforce | | | Salesforce History | | | Salesforce Valuation | Previous | Next |
Salesforce Trading Date Momentum on October 16, 2024
| On October 17 2024 Salesforce was traded for 291.11 at the closing time. Highest Salesforce's price during the trading hours was 293.34 and the lowest price during the day was 290.10 . The net volume was 2.8 M. The overall trading history on the 17th of October 2024 contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.09% . The trading price change to current price is 0.94% . |
Salesforce Fundamentals Correlations and Trends
By evaluating Salesforce'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 Salesforce's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salesforce financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Salesforce Stock history
Salesforce 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 Salesforce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salesforce 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 Salesforce stock prices may prove useful in developing a viable investing in Salesforce
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 984 M | 642.1 M | |
| Net Income Applicable To Common Shares | 239.2 M | 388.6 M |
Salesforce Stock Technical Analysis
Salesforce 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
Salesforce Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
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Salesforce November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Salesforce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salesforce shares will generate the highest return on investment. By undertsting and applying Salesforce stock market strength indicators, traders can identify Salesforce entry and exit signals to maximize returns
Salesforce Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salesforce's price direction in advance. Along with the technical and fundamental analysis of Salesforce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salesforce 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 | 0.1628 | |||
| Jensen Alpha | 0.2405 | |||
| Total Risk Alpha | 0.1487 | |||
| Sortino Ratio | 0.2049 | |||
| Treynor Ratio | 0.2984 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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 Salesforce. If investors know Salesforce 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 Salesforce 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 0.148 | Dividend Share 0.8 | Earnings Share 5.76 | Revenue Per Share 37.632 | Quarterly Revenue Growth 0.084 |
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce'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 Salesforce's market value can be influenced by many factors that don't directly affect Salesforce'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 Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce'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.