Extreme Networks Stock Price on April 24, 2024

EXTR Stock  USD 16.49  0.46  2.87%   
Below is the normalized historical share price chart for Extreme Networks extending back to April 09, 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 Extreme Networks stands at 16.49, as last reported on the 26th of November, with the highest price reaching 16.99 and the lowest price hitting 16.16 during the day.
IPO Date
9th of April 1999
200 Day MA
13.1821
50 Day MA
15.2848
Beta
1.77
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Extreme Stock, it is important to understand the factors that can impact its price. Currently, Extreme Networks is not too volatile. Extreme Networks secures Sharpe Ratio (or Efficiency) of 0.059, which denotes the company had a 0.059% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Extreme Networks, which you can use to evaluate the volatility of the firm. Please confirm Extreme Networks' Downside Deviation of 2.32, mean deviation of 1.82, and Coefficient Of Variation of 1547.43 to check if the risk estimate we provide is consistent with the expected return of 0.17%.
  
At this time, Extreme Networks' Capital Stock is relatively stable compared to the past year. As of 11/26/2024, Stock Based Compensation is likely to grow to about 80.6 M, while Common Stock Shares Outstanding is likely to drop slightly above 115.2 M. . At this time, Extreme Networks' Price Sales Ratio is relatively stable compared to the past year. As of 11/26/2024, Price Fair Value is likely to grow to 70.50, though Price Earnings Ratio is likely to grow to (18.76). Extreme Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.059

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Estimated Market Risk

 2.83
  actual daily
25
75% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Extreme Networks is performing at about 4% 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 Extreme Networks by adding it to a well-diversified portfolio.
Price Book
66.5904
Enterprise Value Ebitda
35.27
Price Sales
2.1087
Shares Float
128 M
Wall Street Target Price
19.3333

Extreme Networks Valuation on April 24, 2024

It is possible to determine the worth of Extreme Networks on a given historical date. On April 24, 2024 Extreme was worth 11.04 at the beginning of the trading date compared to the closed value of 11.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Extreme Networks stock. Still, in general, we apply an absolute valuation method to find Extreme Networks' 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 Extreme Networks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Extreme Networks' related companies.
 Open High Low Close Volume
  10.69    11.25    10.67    11.09    1,321,979  
04/24/2024
  11.04    11.16    10.89    11.15    1,555,347  
  11.01    11.34    11.01    11.33    1,686,853  
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Open Value
11.04
11.15
Closing Value
19.52
Upside

Extreme Networks Trading Date Momentum on April 24, 2024

On April 25 2024 Extreme Networks was traded for  11.33  at the closing time. The top price for the day was 11.34  and the lowest listed price was  11.01 . The trading volume for the day was 1.7 M. The trading history from April 25, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 1.61% . The overall trading delta against the current closing price is 1.70% .

Extreme Networks Fundamentals Correlations and Trends

By evaluating Extreme Networks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Extreme Networks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Extreme financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Extreme Networks Stock history

Extreme Networks 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 Extreme is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Extreme Networks 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 Extreme Networks stock prices may prove useful in developing a viable investing in Extreme Networks
Last ReportedProjected for Next Year
Common Stock Shares Outstanding129.3 M115.2 M
Net Income Applicable To Common Shares70.3 M73.8 M

Extreme Networks Stock Technical Analysis

Extreme Networks 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 Extreme Networks technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Extreme Networks 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

Extreme Networks Period Price Range

Low
November 26, 2024
0.00  NaN%
High

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 0.00 

Extreme Networks 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.

Extreme Networks November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Extreme Networks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Extreme Networks shares will generate the highest return on investment. By undertsting and applying Extreme Networks stock market strength indicators, traders can identify Extreme Networks entry and exit signals to maximize returns

Extreme Networks Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Extreme Networks' price direction in advance. Along with the technical and fundamental analysis of Extreme Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Extreme 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.

Additional Tools for Extreme Stock Analysis

When running Extreme Networks' price analysis, check to measure Extreme Networks' 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 Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.