Salesforce (Brazil) Market Value
| SSFO34 Stock | BRL 90.66 1.00 1.12% |
| Symbol | Salesforce |
Salesforce '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'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.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Salesforce on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding salesforce inc or generate 0.0% return on investment in Salesforce over 60 days. Salesforce is related to or competes with Monster Beverage, Multilaser Industrial, Tyson Foods, Lloyds Banking, Metalurgica Gerdau, Metalrgica Riosulense, and Beyond Meat. salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management worl... More
Salesforce 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'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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.1874 | |||
| Maximum Drawdown | 11.21 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 4.07 |
Salesforce Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Salesforce's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Salesforce's standard deviation. In reality, there are many statistical measures that can use Salesforce historical prices to predict the future Salesforce's volatility.| Risk Adjusted Performance | 0.2005 | |||
| Jensen Alpha | 0.4459 | |||
| Total Risk Alpha | 0.1803 | |||
| Sortino Ratio | 0.2149 | |||
| Treynor Ratio | 1.78 |
salesforce inc Backtested Returns
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 0.52% is justified by implied risk. Please review Salesforce's Semi Deviation of 1.07, coefficient of variation of 392.88, and Risk Adjusted Performance of 0.2005 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Salesforce holds a performance score of 20. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Salesforce's returns are expected to increase less than the market. However, during the bear market, the loss of holding Salesforce is expected to be smaller as well. Please check Salesforce's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Salesforce's existing price patterns will revert.
Auto-correlation | 0.79 |
Good predictability
salesforce inc has good predictability. Overlapping area represents the amount of predictability between Salesforce time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 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 price movement. The serial correlation of 0.79 indicates that around 79.0% of current Salesforce price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 26.48 |
salesforce inc lagged returns against current returns
Autocorrelation, which is Salesforce 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's stock expected returns. We can calculate the autocorrelation of Salesforce returns to help us make a trade decision. For example, suppose you find that Salesforce 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 |
| Timeline |
Salesforce 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Salesforce stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Salesforce stock over time.
Current vs Lagged Prices |
| Timeline |
Salesforce Lagged Returns
When evaluating Salesforce's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Salesforce stock have on its future price. Salesforce 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 autocorrelation shows the relationship between Salesforce stock current value and its past values and can show if there is a momentum factor associated with investing in salesforce inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Salesforce Stock
Salesforce 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 security.