Cognizant Technology Solutions Stock Price on April 3, 2024
| CTSH Stock | USD 66.25 0.02 0.03% |
Below is the normalized historical share price chart for Cognizant Technology Solutions extending back to June 19, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cognizant Technology stands at 66.25, as last reported on the 5th of May, with the highest price reaching 67.27 and the lowest price hitting 66.16 during the day.
If you're considering investing in Cognizant Stock, it is important to understand the factors that can impact its price. Cognizant Technology secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22% return per unit of risk over the last 3 months. Cognizant Technology Solutions exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cognizant Technology's Mean Deviation of 0.823, risk adjusted performance of (0.13), and Standard Deviation of 1.06 to double-check the risk estimate we provide.
As of now, Cognizant Technology's Stock Based Compensation To Revenue is decreasing as compared to previous years. . As of now, Cognizant Technology's Price Earnings Ratio is increasing as compared to previous years. The Cognizant Technology's current Price To Operating Cash Flows Ratio is estimated to increase to 26.11, while Price To Sales Ratio is projected to decrease to 1.87. Cognizant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of June 1998 | 200 Day MA 71.3563 | 50 Day MA 72.7038 | Beta 1.066 |
Cognizant |
Sharpe Ratio = -0.2206
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| Negative Returns | CTSH |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cognizant Technology 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 Cognizant Technology by adding Cognizant Technology to a well-diversified portfolio.
Price Book 2.6068 | Enterprise Value Ebitda 9.8021 | Price Sales 1.7817 | Shares Float 495.9 M | Dividend Share 1.18 |
Cognizant Technology Valuation on April 3, 2024
It is possible to determine the worth of Cognizant Technology on a given historical date. On April 3, 2024 Cognizant was worth 71.41 at the beginning of the trading date compared to the closed value of 71.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cognizant Technology stock. Still, in general, we apply an absolute valuation method to find Cognizant Technology'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 Cognizant Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cognizant Technology's related companies.
| Open | High | Low | Close | Volume | |
| 71.52 | 72.06 | 71.41 | 71.68 | 5,553,305 | |
04/03/2024 | 71.41 | 72.39 | 71.26 | 71.84 | 3,748,507 |
| 72.37 | 72.81 | 71.31 | 71.61 | 3,655,228 |
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Cognizant Technology Trading Date Momentum on April 3, 2024
| On April 04 2024 Cognizant Technology Solutions was traded for 71.61 at the closing time. The top price for the day was 72.81 and the lowest listed price was 71.31 . The trading volume for the day was 3.7 M. The trading history from April 4, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.32% . The overall trading delta against the current closing price is 2.53% . |
Cognizant Technology Fundamentals Correlations and Trends
By evaluating Cognizant Technology'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 Cognizant Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cognizant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cognizant Technology Stock history
Cognizant Technology 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 Cognizant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cognizant Technology 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 Cognizant Technology stock prices may prove useful in developing a viable investing in Cognizant Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 505 M | 608.7 M | |
| Net Income Applicable To Common Shares | 2.6 B | 2.8 B |
Cognizant Technology Quarterly Net Working Capital |
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Cognizant Technology Stock Technical Analysis
Cognizant Technology 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, stock market cycles, or different charting patterns.
Price Boundaries
Cognizant Technology Period Price Range
Low | April 3, 2024
| High |
71.41 | 71.84 |
Cognizant Technology May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Cognizant Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cognizant Technology shares will generate the highest return on investment. By undertsting and applying Cognizant Technology stock market strength indicators, traders can identify Cognizant Technology Solutions entry and exit signals to maximize returns
| Accumulation Distribution | 58513.79 | |||
| Daily Balance Of Power | 0.3805 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 71.83 | |||
| Day Typical Price | 71.83 | |||
| Price Action Indicator | 0.23 | |||
| Period Momentum Indicator | (5.59) | |||
| Relative Strength Index | 40.15 |
Cognizant Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cognizant Technology's price direction in advance. Along with the technical and fundamental analysis of Cognizant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cognizant 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 | (0.13) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.24) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Cognizant Stock analysis
When running Cognizant Technology's price analysis, check to measure Cognizant Technology'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 Cognizant Technology is operating at the current time. Most of Cognizant Technology's value examination focuses on studying past and present price action to predict the probability of Cognizant Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognizant Technology's price. Additionally, you may evaluate how the addition of Cognizant Technology to your portfolios can decrease your overall portfolio volatility.
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Is Cognizant Technology'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 Cognizant Technology. If investors know Cognizant 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 Cognizant Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 1.18 | Earnings Share 4.17 | Revenue Per Share 38.448 | Quarterly Revenue Growth (0.01) |
The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology'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 Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology'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 Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology'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.