Netapp Inc Stock Price on October 9, 2024
| NTAP Stock | USD 122.66 4.94 3.87% |
Below is the normalized historical share price chart for NetApp Inc extending back to November 21, 1995. 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 NetApp stands at 122.66, as last reported on the 11th of December 2024, with the highest price reaching 124.96 and the lowest price hitting 121.32 during the day.
If you're considering investing in NetApp Stock, it is important to understand the factors that can impact its price. Currently, NetApp Inc is very steady. NetApp Inc has Sharpe Ratio of 0.0646, which conveys that the firm had a 0.0646% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NetApp, which you can use to evaluate the volatility of the firm. Please verify NetApp's Downside Deviation of 2.15, risk adjusted performance of 0.0836, and Mean Deviation of 1.31 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, NetApp's Total Stockholder Equity is relatively stable compared to the past year. As of 12/11/2024, Common Stock Shares Outstanding is likely to grow to about 252.4 M, though Other Stockholder Equity is likely to grow to (43.6 M). . At this time, NetApp's Price Earnings Ratio is relatively stable compared to the past year. As of 12/11/2024, Price Book Value Ratio is likely to grow to 24.21, while Price To Operating Cash Flows Ratio is likely to drop 12.44. NetApp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of November 1995 | 200 Day MA 117.5253 | 50 Day MA 122.9408 | Beta 1.225 |
NetApp |
Sharpe Ratio = 0.0646
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Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average NetApp is performing at about 5% 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 NetApp by adding it to a well-diversified portfolio.
Price Book 29.0828 | Enterprise Value Ebitda 14.9424 | Price Sales 3.8646 | Shares Float 203.7 M | Wall Street Target Price 137.4706 |
NetApp Valuation on October 9, 2024
It is possible to determine the worth of NetApp on a given historical date. On October 9, 2024 NetApp was worth 126.06 at the beginning of the trading date compared to the closed value of 127.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NetApp stock. Still, in general, we apply an absolute valuation method to find NetApp'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 NetApp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NetApp's related companies.
| Open | High | Low | Close | Volume | |
| 124.68 | 126.66 | 124.23 | 126.55 | 1,222,523 | |
10/09/2024 | 126.06 | 127.50 | 125.40 | 127.27 | 1,344,425 |
| 126.45 | 126.95 | 124.59 | 124.98 | 1,438,660 |
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NetApp Trading Date Momentum on October 9, 2024
| On October 10 2024 NetApp Inc was traded for 124.98 at the closing time. The top price for the day was 126.95 and the lowest listed price was 124.59 . The trading volume for the day was 1.4 M. The trading history from October 10, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.80% . The trading delta at closing time against the current closing price is 1.27% . |
NetApp Inc Fundamentals Correlations and Trends
By evaluating NetApp'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 NetApp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NetApp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NetApp Stock history
NetApp 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 NetApp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NetApp Inc 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 NetApp stock prices may prove useful in developing a viable investing in NetApp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 213 M | 252.4 M | |
| Net Income Applicable To Common Shares | 1.5 B | 1.5 B |
NetApp Stock Technical Analysis
NetApp 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
NetApp Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
NetApp Inc 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.
NetApp December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how NetApp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NetApp shares will generate the highest return on investment. By undertsting and applying NetApp stock market strength indicators, traders can identify NetApp Inc entry and exit signals to maximize returns
NetApp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NetApp's price direction in advance. Along with the technical and fundamental analysis of NetApp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NetApp 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 | 0.0836 | |||
| Jensen Alpha | 0.1651 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0307 | |||
| Treynor Ratio | 1.34 |
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Additional Tools for NetApp Stock Analysis
When running NetApp's price analysis, check to measure NetApp'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 NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.