Spotify Technology Sa Stock Price on November 14, 2024
| SPOT Stock | USD 475.04 4.34 0.92% |
Below is the normalized historical share price chart for Spotify Technology SA extending back to April 03, 2018. 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 Spotify Technology stands at 475.04, as last reported on the 23rd of November, with the highest price reaching 480.09 and the lowest price hitting 469.49 during the day.
If you're considering investing in Spotify Stock, it is important to understand the factors that can impact its price. Spotify Technology appears to be very steady, given 3 months investment horizon. Spotify Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of risk over the last 3 months. By inspecting Spotify Technology's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review Spotify Technology's Semi Deviation of 1.31, coefficient of variation of 411.14, and Risk Adjusted Performance of 0.193 to confirm if our risk estimates are consistent with your expectations.
Common Stock Shares Outstanding is likely to gain to about 201.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.9 B in 2024. . Price To Sales Ratio is likely to drop to 2.37 in 2024. Price Earnings Ratio is likely to drop to -65.34 in 2024. Spotify Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of April 2018 | 200 Day MA 321.3606 | 50 Day MA 388.8496 | Beta 1.561 |
Spotify |
Sharpe Ratio = 0.2604
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Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Spotify Technology is performing at about 20% 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 Spotify Technology by adding it to a well-diversified portfolio.
Price Book 19.793 | Enterprise Value Ebitda 98.9888 | Price Sales 6.3565 | Shares Float 149 M | Wall Street Target Price 447.9858 |
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Spotify Technology Valuation on November 14, 2024
It is possible to determine the worth of Spotify Technology on a given historical date. On November 14, 2024 Spotify was worth 471.0 at the beginning of the trading date compared to the closed value of 477.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spotify Technology stock. Still, in general, we apply an absolute valuation method to find Spotify Technology'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 Spotify Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spotify Technology's related companies.
| Open | High | Low | Close | Volume | |
| 460.26 | 473.00 | 445.00 | 467.37 | 12,045,408 | |
11/14/2024 | 471.00 | 489.69 | 466.36 | 477.50 | 5,038,399 |
| 474.00 | 474.00 | 457.54 | 458.32 | 3,022,792 |
| Backtest Spotify Technology | | | Spotify Technology History | | | Spotify Technology Valuation | Previous | Next |
Spotify Technology Trading Date Momentum on November 14, 2024
| On November 15 2024 Spotify Technology SA was traded for 458.32 at the closing time. The top price for the day was 474.00 and the lowest listed price was 457.54 . The trading volume for the day was 3 M. The trading history from November 15, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.02% . The trading price change against the current closing price is 1.19% . |
Spotify Technology Fundamentals Correlations and Trends
By evaluating Spotify Technology'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 Spotify Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spotify financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spotify Technology Stock history
Spotify Technology 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 Spotify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spotify Technology 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 Spotify Technology stock prices may prove useful in developing a viable investing in Spotify Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 194.7 M | 201.4 M | |
| Net Loss | -494.5 M | -519.2 M |
Spotify Technology Stock Technical Analysis
Spotify Technology 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
Spotify Technology Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Spotify Technology SA 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.
Spotify Technology November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Spotify Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spotify Technology shares will generate the highest return on investment. By undertsting and applying Spotify Technology stock market strength indicators, traders can identify Spotify Technology SA entry and exit signals to maximize returns
Spotify Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spotify Technology's price direction in advance. Along with the technical and fundamental analysis of Spotify Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spotify 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 | 0.193 | |||
| Jensen Alpha | 0.4182 | |||
| Total Risk Alpha | 0.1733 | |||
| Sortino Ratio | 0.2158 | |||
| Treynor Ratio | 0.6703 |
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Additional Tools for Spotify Stock Analysis
When running Spotify Technology's price analysis, check to measure Spotify Technology'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 Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.