Sumo Logic Price on December 2, 2024
SUMODelisted Stock | USD 12.04 0.00 0.00% |
If you're considering investing in Sumo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sumo Logic stands at 12.04, as last reported on the 3rd of December, with the highest price reaching 12.04 and the lowest price hitting 12.04 during the day. We have found twenty-four technical indicators for Sumo Logic, which you can use to evaluate the volatility of the company. Please validate Sumo Logic's Semi Deviation of 0.4985, coefficient of variation of 2878.56, and Risk Adjusted Performance of 0.0227 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Sumo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sumo |
Sharpe Ratio = 0.0
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Based on monthly moving average Sumo Logic 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 Sumo Logic by adding Sumo Logic to a well-diversified portfolio.
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Sumo Logic Valuation on December 2, 2024
It is possible to determine the worth of Sumo Logic on a given historical date. On December 2, 2024 Sumo was worth 12.04 at the beginning of the trading date compared to the closed value of 12.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sumo Logic stock. Still, in general, we apply an absolute valuation method to find Sumo Logic'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 Sumo Logic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sumo Logic's related companies.
Open | High | Low | Close | Volume | |
12/03/2024 | 12.04 | 12.04 | 12.04 | 12.04 | 0.00 |
Backtest Sumo Logic | | | Sumo Logic History | | | Sumo Logic Valuation |
Sumo Logic Trading Date Momentum on December 2, 2024
Sumo Logic Fundamentals Correlations and Trends
By evaluating Sumo Logic'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 Sumo Logic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sumo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sumo Logic Stock history
Sumo Logic 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 Sumo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sumo Logic 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 Sumo Logic stock prices may prove useful in developing a viable investing in Sumo Logic
Sumo Logic, Inc. provides cloud-native software-as-a-service platform that enables organizations to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing worldwide. The company was incorporated in 2010 and is headquartered in Redwood City, California. Sumo Logic operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 943 people.
Sumo Logic Stock Technical Analysis
Sumo Logic 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Sumo Logic Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Sumo Logic 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.
Sumo Logic December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Sumo Logic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sumo Logic shares will generate the highest return on investment. By undertsting and applying Sumo Logic stock market strength indicators, traders can identify Sumo Logic entry and exit signals to maximize returns
Sumo Logic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sumo Logic's price direction in advance. Along with the technical and fundamental analysis of Sumo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sumo 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 | 0.0227 | |||
Jensen Alpha | 0.0119 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | (0.16) | |||
Treynor Ratio | (0.39) |
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Sumo Stock
If you are still planning to invest in Sumo Logic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sumo Logic's history and understand the potential risks before investing.
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