SALESFORCE INC (Germany) Market Value
| FOO0 Stock | 18.10 0.70 4.02% |
| Symbol | SALESFORCE |
SALESFORCE INC 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SALESFORCE INC's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SALESFORCE INC.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in SALESFORCE INC on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding SALESFORCE INC CDR or generate 0.0% return on investment in SALESFORCE INC over 720 days. SALESFORCE INC is related to or competes with Hollywood Bowl, Ubisoft Entertainment, Live Nation, and Harmony Gold. More
SALESFORCE INC Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SALESFORCE INC's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SALESFORCE INC CDR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.16 | |||
| Maximum Drawdown | 14.31 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 4.02 |
SALESFORCE INC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SALESFORCE INC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SALESFORCE INC's standard deviation. In reality, there are many statistical measures that can use SALESFORCE INC historical prices to predict the future SALESFORCE INC's volatility.| Risk Adjusted Performance | 0.1764 | |||
| Jensen Alpha | 0.4442 | |||
| Total Risk Alpha | 0.1261 | |||
| Sortino Ratio | 0.226 | |||
| Treynor Ratio | 3.49 |
SALESFORCE INC CDR Backtested Returns
SALESFORCE INC appears to be very steady, given 3 months investment horizon. SALESFORCE INC CDR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the company had a 0.21% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SALESFORCE INC CDR, which you can use to evaluate the volatility of the entity. Please review SALESFORCE INC's Market Risk Adjusted Performance of 3.5, risk adjusted performance of 0.1764, and Downside Deviation of 1.5 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SALESFORCE INC holds a performance score of 16. The firm has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SALESFORCE INC's returns are expected to increase less than the market. However, during the bear market, the loss of holding SALESFORCE INC is expected to be smaller as well. Please check SALESFORCE INC's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to make a quick decision on whether SALESFORCE INC's existing price patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
SALESFORCE INC CDR has insignificant reverse predictability. Overlapping area represents the amount of predictability between SALESFORCE INC time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SALESFORCE INC CDR price movement. The serial correlation of -0.18 indicates that over 18.0% of current SALESFORCE INC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 1.78 |
SALESFORCE INC CDR lagged returns against current returns
Autocorrelation, which is SALESFORCE INC stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SALESFORCE INC's stock expected returns. We can calculate the autocorrelation of SALESFORCE INC returns to help us make a trade decision. For example, suppose you find that SALESFORCE INC has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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SALESFORCE INC regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SALESFORCE INC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SALESFORCE INC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SALESFORCE INC stock over time.
Current vs Lagged Prices |
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SALESFORCE INC Lagged Returns
When evaluating SALESFORCE INC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SALESFORCE INC stock have on its future price. SALESFORCE INC autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SALESFORCE INC autocorrelation shows the relationship between SALESFORCE INC stock current value and its past values and can show if there is a momentum factor associated with investing in SALESFORCE INC CDR.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in SALESFORCE Stock
SALESFORCE INC financial ratios help investors to determine whether SALESFORCE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SALESFORCE with respect to the benefits of owning SALESFORCE INC security.