Salesforce (Brazil) Price on September 30, 2024
| SSFO34 Stock | BRL 90.66 1.00 1.12% |
If you're considering investing in Salesforce Stock, it is important to understand the factors that can impact its price. As of today, the current price of Salesforce stands at 90.66, as last reported on the 27th of November, with the highest price reaching 90.67 and the lowest price hitting 87.80 during the day. Salesforce appears to be very steady, given 3 months investment horizon. salesforce inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. By inspecting Salesforce's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please review Salesforce's Coefficient Of Variation of 392.88, semi deviation of 1.07, and Risk Adjusted Performance of 0.2005 to confirm if our risk estimates are consistent with your expectations.
Salesforce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Salesforce |
Sharpe Ratio = 0.2712
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Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Salesforce is performing at about 21% 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 Salesforce by adding it to a well-diversified portfolio.
Salesforce Valuation on September 30, 2024
It is possible to determine the worth of Salesforce on a given historical date. On September 30, 2024 Salesforce was worth 67.92 at the beginning of the trading date compared to the closed value of 67.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salesforce stock. Still, in general, we apply an absolute valuation method to find Salesforce'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 Salesforce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salesforce's related companies.
| Open | High | Low | Close | Volume | |
| 68.34 | 68.56 | 68.07 | 68.19 | 2,228 | |
09/30/2024 | 67.92 | 68.28 | 66.72 | 67.86 | 4,103 |
| 67.86 | 68.00 | 66.88 | 66.88 | 1,558 |
| Backtest Salesforce | | | Salesforce History | | | Salesforce Valuation | Previous | Next |
Salesforce Trading Date Momentum on September 30, 2024
| On October 01 2024 salesforce inc was traded for 66.88 at the closing time. The highest price during the trading period was 68.00 and the lowest recorded bid was listed for 66.88 . The volume for the day was 1.6 K. This history from October 1, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.44% . The trading date delta to the current price is 8.21% . |
salesforce inc Fundamentals Correlations and Trends
By evaluating Salesforce'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 Salesforce's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salesforce financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Salesforce Stock history
Salesforce 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 Salesforce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in salesforce 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 Salesforce stock prices may prove useful in developing a viable investing in Salesforce
salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management worldwide. The company was founded in 1999 and is headquartered in San Francisco, California. Salesforce operates under Software - Application classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 37485 people.
Salesforce Stock Technical Analysis
Salesforce 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
Salesforce Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Salesforce November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Salesforce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salesforce shares will generate the highest return on investment. By undertsting and applying Salesforce stock market strength indicators, traders can identify salesforce inc entry and exit signals to maximize returns
Salesforce Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salesforce's price direction in advance. Along with the technical and fundamental analysis of Salesforce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salesforce 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 | 0.2005 | |||
| Jensen Alpha | 0.4459 | |||
| Total Risk Alpha | 0.1803 | |||
| Sortino Ratio | 0.2149 | |||
| Treynor Ratio | 1.78 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Salesforce Stock analysis
When running Salesforce's price analysis, check to measure Salesforce'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 Salesforce is operating at the current time. Most of Salesforce's value examination focuses on studying past and present price action to predict the probability of Salesforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salesforce's price. Additionally, you may evaluate how the addition of Salesforce to your portfolios can decrease your overall portfolio volatility.
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