Palo Alto Networks Stock Price on August 16, 2024

PANW Stock  USD 397.70  4.81  1.22%   
Below is the normalized historical share price chart for Palo Alto Networks extending back to July 20, 2012. 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 Palo Alto stands at 397.70, as last reported on the 22nd of November, with the highest price reaching 404.00 and the lowest price hitting 380.55 during the day.
IPO Date
20th of July 2012
200 Day MA
325.9654
50 Day MA
362.549
Beta
1.118
 
Yuan Drop
 
Covid
If you're considering investing in Palo Stock, it is important to understand the factors that can impact its price. Palo Alto appears to be very steady, given 3 months investment horizon. Palo Alto Networks maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Palo Alto Networks, which you can use to evaluate the volatility of the company. Please evaluate Palo Alto's Coefficient Of Variation of 1048.37, risk adjusted performance of 0.0784, and Semi Deviation of 1.73 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Palo Alto's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to climb to about 3.6 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (36.9 M). . At this time, Palo Alto's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 21.57 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.08 in 2024. Palo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1314

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Estimated Market Risk

 1.73
  actual daily
15
85% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Palo Alto is performing at about 10% 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 Palo Alto by adding it to a well-diversified portfolio.
Price Book
24.8706
Enterprise Value Ebitda
99.7643
Price Sales
16.2127
Shares Float
322.5 M
Wall Street Target Price
408.9576

Related Headline

Okta Headline on 16th of August 2024

Filed transaction by Okta Inc Director. Grant, award or other acquisition pursuant to Rule 16b-3

Palo Alto Valuation on August 16, 2024

It is possible to determine the worth of Palo Alto on a given historical date. On August 16, 2024 Palo was worth 338.48 at the beginning of the trading date compared to the closed value of 334.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Palo Alto stock. Still, in general, we apply an absolute valuation method to find Palo Alto'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 Palo Alto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Palo Alto's related companies.
 Open High Low Close Volume
  340.51    345.78    340.09    343.27    3,178,101  
08/16/2024
  338.48    340.13    332.72    334.11    4,530,291  
  336.00    344.48    335.11    343.36    7,983,294  
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Open Value
338.48
333.29
Downside
334.11
Closing Value
343.67
Upside

Palo Alto Trading Date Momentum on August 16, 2024

On August 19 2024 Palo Alto Networks was traded for  343.36  at the closing time. The top price for the day was 344.48  and the lowest listed price was  335.11 . The trading volume for the day was 8 M. The trading history from August 19, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 2.77% . The trading delta at closing time against the current closing price is 4.68% .

Palo Alto Networks Fundamentals Correlations and Trends

By evaluating Palo Alto'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 Palo Alto's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Palo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Palo Alto Stock history

Palo Alto 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 Palo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palo Alto 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 Palo Alto stock prices may prove useful in developing a viable investing in Palo Alto
Last ReportedProjected for Next Year
Common Stock Shares Outstanding354 M269.5 M
Net Income Applicable To Common Shares505.7 M530.9 M

Palo Alto Stock Technical Analysis

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

Palo Alto Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Palo Alto 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.

Palo Alto November 22, 2024 Market Strength

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

Palo Alto Technical and Predictive Indicators

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

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