Pure Storage Stock Performance
| PSTG Stock | USD 51.56 1.78 3.58% |
The company holds a Beta of 1.63, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pure Storage will likely underperform. At this point, Pure Storage has a negative expected return of -0.2%. Please make sure to check Pure Storage's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Pure Storage performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Pure Storage has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Actual Historical Performance (%)
One Day Return 3.24 | Five Day Return 4.88 | Year To Date Return 47.59 | Ten Year Return 202.29 | All Time Return 202.29 |
1 | Disposition of 100000 shares by John Colgrove of Pure Storage at 47.41 subject to Rule 16b-3 | 09/04/2024 |
2 | Disposition of 4899 shares by John Colgrove of Pure Storage at 50.64 subject to Rule 16b-3 | 09/19/2024 |
3 | Pure Storage executive sells 1.26 million in company stock | 09/27/2024 |
4 | Insider Selling Pure Storage, Inc. Insider Sells 5,101,000.00 in Stock | 10/11/2024 |
5 | Heres Why Pure Storage Fell More Than Broader Market | 10/23/2024 |
6 | Disposition of 36437 shares by Dan FitzSimons of Pure Storage at 53.8 subject to Rule 16b-3 | 10/25/2024 |
7 | Returns Are Gaining Momentum At Pure Storage | 11/01/2024 |
8 | Pure Storage, Inc. is Attracting Investor Attention Here is What You Should Know | 11/05/2024 |
9 | AI startup CoreWeave closes 650 million secondary share sale, with Cisco joining as investor | 11/13/2024 |
10 | Pure Storage, Inc. Boosts AI Cloud Innovation, Announces Strategic Partnership with CoreWeave | 11/14/2024 |
11 | These 2 Computer and Technology Stocks Could Beat Earnings Why They Should Be on Your Radar | 11/15/2024 |
12 | Pure Storage Expands AI Portfolio with GenAI Pod to Break Bearish Streak | 11/18/2024 |
13 | Assessing Apples Performance Against Competitors In Technology Hardware, Storage Peripherals Industry | 11/20/2024 |
| Begin Period Cash Flow | 591.4 M |
Pure |
Pure Storage Relative Risk vs. Return Landscape
If you would invest 6,054 in Pure Storage on August 24, 2024 and sell it today you would lose (898.00) from holding Pure Storage or give up 14.83% of portfolio value over 90 days. Pure Storage is currently does not generate positive expected returns and assumes 3.2083% risk (volatility on return distribution) over the 90 days horizon. In different words, 28% of stocks are less volatile than Pure, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Pure Storage Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pure Storage's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Pure Storage, and traders can use it to determine the average amount a Pure Storage's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0627
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PSTG |
Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pure Storage 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 Pure Storage by adding Pure Storage to a well-diversified portfolio.
Pure Storage Fundamentals Growth
Pure Stock prices reflect investors' perceptions of the future prospects and financial health of Pure Storage, and Pure Storage fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Pure Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0267 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 14.77 B | ||||
| Shares Outstanding | 327.69 M | ||||
| Price To Earning | (13.39) X | ||||
| Price To Book | 11.23 X | ||||
| Price To Sales | 5.42 X | ||||
| Revenue | 2.83 B | ||||
| Gross Profit | 1.9 B | ||||
| EBITDA | 211.58 M | ||||
| Net Income | 61.31 M | ||||
| Cash And Equivalents | 1.36 B | ||||
| Cash Per Share | 4.56 X | ||||
| Total Debt | 272.25 M | ||||
| Debt To Equity | 0.99 % | ||||
| Current Ratio | 1.33 X | ||||
| Book Value Per Share | 4.44 X | ||||
| Cash Flow From Operations | 677.72 M | ||||
| Earnings Per Share | 0.43 X | ||||
| Market Capitalization | 16.31 B | ||||
| Total Asset | 3.66 B | ||||
| Retained Earnings | (1.48 B) | ||||
| Working Capital | 1.13 B | ||||
| Current Asset | 788.07 M | ||||
| Current Liabilities | 184.53 M | ||||
About Pure Storage Performance
By analyzing Pure Storage's fundamental ratios, stakeholders can gain valuable insights into Pure Storage's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pure Storage has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Pure Storage has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 19.24 | 31.87 | |
| Return On Tangible Assets | 0.02 | (0.12) | |
| Return On Capital Employed | 0.02 | (0.11) | |
| Return On Assets | 0.02 | (0.10) | |
| Return On Equity | 0.05 | (0.38) |
Things to note about Pure Storage performance evaluation
Checking the ongoing alerts about Pure Storage for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Pure Storage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Pure Storage generated a negative expected return over the last 90 days | |
| Pure Storage has high historical volatility and very poor performance | |
| Over 85.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Assessing Apples Performance Against Competitors In Technology Hardware, Storage Peripherals Industry |
- Analyzing Pure Storage's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Pure Storage's stock is overvalued or undervalued compared to its peers.
- Examining Pure Storage's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Pure Storage's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pure Storage's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Pure Storage's stock. These opinions can provide insight into Pure Storage's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Pure Stock analysis
When running Pure Storage's price analysis, check to measure Pure Storage'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 Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
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