Pure Storage Stock Price on November 5, 2024
| PSTG Stock | USD 51.66 0.10 0.19% |
Below is the normalized historical share price chart for Pure Storage extending back to October 07, 2015. 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 Pure Storage stands at 51.66, as last reported on the 24th of November, with the highest price reaching 53.05 and the lowest price hitting 51.64 during the day.
If you're considering investing in Pure Stock, it is important to understand the factors that can impact its price. Pure Storage maintains Sharpe Ratio (i.e., Efficiency) of -0.0608, which implies the firm had a -0.0608% return per unit of risk over the last 3 months. Pure Storage exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pure Storage's Coefficient Of Variation of (1,578), variance of 9.88, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
The Pure Storage's current Stock Based Compensation To Revenue is estimated to increase to 0.14, while Total Stockholder Equity is projected to decrease to roughly 640.7 M. . At this time, Pure Storage's Price Cash Flow Ratio is most likely to slightly decrease in the upcoming years. Pure Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of October 2015 | 200 Day MA 54.7968 | 50 Day MA 51.6996 | Beta 1.103 |
Pure |
Sharpe Ratio = -0.0608
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| Negative Returns | PSTG |
Estimated Market Risk
| 3.16 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pure Storage 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 Pure Storage by adding Pure Storage to a well-diversified portfolio.
Price Book 11.6495 | Enterprise Value Ebitda 49.7471 | Price Sales 5.6243 | Shares Float 310.4 M | Wall Street Target Price 64.856 |
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Pure Storage Valuation on November 5, 2024
It is possible to determine the worth of Pure Storage on a given historical date. On November 5, 2024 Pure was worth 49.8 at the beginning of the trading date compared to the closed value of 51.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pure Storage stock. Still, in general, we apply an absolute valuation method to find Pure Storage'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 Pure Storage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pure Storage's related companies.
| Open | High | Low | Close | Volume | |
| 51.00 | 51.10 | 49.53 | 49.72 | 2,402,185 | |
11/05/2024 | 49.80 | 51.51 | 49.78 | 51.15 | 1,944,356 |
| 53.32 | 54.24 | 52.55 | 54.07 | 3,170,553 |
| Backtest Pure Storage | | | Pure Storage History | | | Pure Storage Valuation | Previous | Next |
Pure Storage Trading Date Momentum on November 5, 2024
| On November 06 2024 Pure Storage was traded for 54.07 at the closing time. The top price for the day was 54.24 and the lowest listed price was 52.55 . The trading volume for the day was 3.2 M. The trading history from November 6, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 5.71% . The trading delta at closing time against the current closing price is 4.20% . |
Pure Storage Fundamentals Correlations and Trends
By evaluating Pure Storage'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 Pure Storage's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pure Storage Stock history
Pure Storage 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 Pure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pure Storage 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 Pure Storage stock prices may prove useful in developing a viable investing in Pure Storage
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 332.6 M | 251 M | |
| Net Income Applicable To Common Shares | 84 M | 88.2 M |
Pure Storage Quarterly Net Working Capital |
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Pure Storage Stock Technical Analysis
Pure Storage 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
Pure Storage Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Pure Storage cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Pure Storage November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Pure Storage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pure Storage shares will generate the highest return on investment. By undertsting and applying Pure Storage stock market strength indicators, traders can identify Pure Storage entry and exit signals to maximize returns
Pure Storage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pure Storage's price direction in advance. Along with the technical and fundamental analysis of Pure Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pure 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 | (0.04) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.13) |
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| Volume Indicators |
Complementary Tools for Pure Stock analysis
When running Pure Storage's price analysis, check to measure Pure Storage'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 Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
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