Snowflake Stock Buy Hold or Sell Recommendation
| SNOW Stock | USD 148.80 1.50 1.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Snowflake is 'Cautious Hold'. Macroaxis provides Snowflake buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SNOW positions. The advice algorithm takes into account all of Snowflake's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Snowflake's buy or sell advice are summarized below:
Real Value 147.31 | Target Price 198.26 | Hype Value 148.8 | Market Value 148.8 | Naive Value 126.03 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Snowflake given historical horizon and risk tolerance towards Snowflake. When Macroaxis issues a 'buy' or 'sell' recommendation for Snowflake, the advice is generated through an automated system that utilizes algorithms and statistical models.
Snowflake |
Execute Snowflake Buy or Sell Advice
The Snowflake recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Snowflake. Macroaxis does not own or have any residual interests in Snowflake or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Snowflake's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Snowflake Trading Alerts and Improvement Suggestions
| Snowflake generated a negative expected return over the last 90 days | |
| Snowflake has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 2.81 B. Net Loss for the year was (836.1 M) with profit before overhead, payroll, taxes, and interest of 1.35 B. | |
| About 65.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Snowflake Inc. Stock Falls Amid Market Uptick What Investors Need to Know |
Snowflake Returns Distribution Density
The distribution of Snowflake's historical returns is an attempt to chart the uncertainty of Snowflake's future price movements. The chart of the probability distribution of Snowflake daily returns describes the distribution of returns around its average expected value. We use Snowflake price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Snowflake returns is essential to provide solid investment advice for Snowflake.
| Mean Return | -0.32 | Value At Risk | -4.71 | Potential Upside | 4.17 | Standard Deviation | 3.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Snowflake historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Snowflake Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Snowflake is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Snowflake backward and forwards among themselves. Snowflake's institutional investor refers to the entity that pools money to purchase Snowflake's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Baillie Gifford & Co Limited. | 2023-12-31 | 4.2 M | Norges Bank | 2023-12-31 | 4.2 M | Capital Research Global Investors | 2023-12-31 | 4 M | Geode Capital Management, Llc | 2023-12-31 | 3.7 M | Jpmorgan Chase & Co | 2023-12-31 | 3.7 M | Bank Of Montreal | 2023-12-31 | 3.4 M | Bmo Capital Markets Corp. | 2023-12-31 | 3.4 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 2.3 M | Nuveen Asset Management, Llc | 2023-12-31 | 2 M | Vanguard Group Inc | 2023-12-31 | 21 M | Blackrock Inc | 2023-12-31 | 15.6 M |
Snowflake Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Snowflake or IT Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Snowflake's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Snowflake stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.4 | |
β | Beta against NYSE Composite | 1.66 | |
σ | Overall volatility | 3.46 | |
Ir | Information ratio | -0.11 |
Snowflake Volatility Alert
Snowflake exhibits very low volatility with skewness of -1.84 and kurtosis of 11.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Snowflake's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Snowflake's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Snowflake Implied Volatility
Snowflake's implied volatility exposes the market's sentiment of Snowflake stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Snowflake's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Snowflake stock will not fluctuate a lot when Snowflake's options are near their expiration.
Snowflake Fundamentals Vs Peers
Comparing Snowflake's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Snowflake's direct or indirect competition across all of the common fundamentals between Snowflake and the related equities. This way, we can detect undervalued stocks with similar characteristics as Snowflake or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Snowflake's fundamental indicators could also be used in its relative valuation, which is a method of valuing Snowflake by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Snowflake to competition |
| Fundamentals | Snowflake | Peer Average |
| Return On Equity | -0.16 | -0.31 |
| Return On Asset | -0.0858 | -0.14 |
| Profit Margin | (0.30) % | (1.27) % |
| Operating Margin | (0.36) % | (5.51) % |
| Current Valuation | 46.65 B | 16.62 B |
| Shares Outstanding | 334.2 M | 571.82 M |
| Shares Owned By Insiders | 6.60 % | 10.09 % |
| Shares Owned By Institutions | 64.55 % | 39.21 % |
| Number Of Shares Shorted | 9.6 M | 4.71 M |
| Price To Earning | 28.31 X | 28.72 X |
| Price To Book | 10.23 X | 9.51 X |
| Price To Sales | 18.88 X | 11.42 X |
| Revenue | 2.81 B | 9.43 B |
| Gross Profit | 1.35 B | 27.38 B |
| EBITDA | (974.87 M) | 3.9 B |
| Net Income | (836.1 M) | 570.98 M |
| Cash And Equivalents | 3.95 B | 2.7 B |
| Cash Per Share | 12.35 X | 5.01 X |
| Total Debt | 287.98 M | 5.32 B |
| Debt To Equity | 0.04 % | 48.70 % |
| Current Ratio | 3.21 X | 2.16 X |
| Book Value Per Share | 15.51 X | 1.93 K |
| Cash Flow From Operations | 888.62 M | 971.22 M |
| Short Ratio | 0.90 X | 4.00 X |
| Earnings Per Share | (2.56) X | 3.12 X |
| Price To Earnings To Growth | 3.06 X | 4.89 X |
| Target Price | 219.71 | |
| Number Of Employees | 7 K | 18.84 K |
| Beta | 0.91 | -0.15 |
| Market Capitalization | 50.23 B | 19.03 B |
| Total Asset | 8.22 B | 29.47 B |
| Retained Earnings | (4.08 B) | 9.33 B |
| Working Capital | 2.31 B | 1.48 B |
Note: Conversion by White James N of 25793 shares of Snowflake [view details]
Snowflake Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Snowflake . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Snowflake Buy or Sell Advice
When is the right time to buy or sell Snowflake? Buying financial instruments such as Snowflake Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 206.3M | 251.7M | 288.0M | 258.1M | Total Assets | 6.6B | 7.7B | 8.2B | 8.6B |
Use Investing Ideas to Build Portfolios
In addition to having Snowflake in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Market Neutral Funds Theme or any other thematic opportunities.
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Check out Snowflake Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Snowflake Stock analysis
When running Snowflake's price analysis, check to measure Snowflake'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 Snowflake is operating at the current time. Most of Snowflake's value examination focuses on studying past and present price action to predict the probability of Snowflake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snowflake's price. Additionally, you may evaluate how the addition of Snowflake to your portfolios can decrease your overall portfolio volatility.
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Is Snowflake's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snowflake. If investors know Snowflake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snowflake listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.56) | Revenue Per Share 8.556 | Quarterly Revenue Growth 0.315 | Return On Assets (0.09) | Return On Equity (0.16) |
The market value of Snowflake is measured differently than its book value, which is the value of Snowflake that is recorded on the company's balance sheet. Investors also form their own opinion of Snowflake's value that differs from its market value or its book value, called intrinsic value, which is Snowflake's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snowflake's market value can be influenced by many factors that don't directly affect Snowflake's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snowflake's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snowflake is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snowflake's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.