Salesforce Stock Price on February 8, 2023
| CRM Stock | USD 276.32 1.09 0.39% |
Below is the normalized historical share price chart for Salesforce extending back to June 23, 2004. 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 Salesforce stands at 276.32, as last reported on the 18th of April 2024, with the highest price reaching 278.97 and the lowest price hitting 274.84 during the day.
If you're considering investing in Salesforce Stock, it is important to understand the factors that can impact its price. Salesforce owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0042, which indicates the firm had a -0.0042% return per unit of risk over the last 3 months. Salesforce exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Salesforce's Semi Deviation of 1.93, coefficient of variation of 4246.12, and Risk Adjusted Performance of 0.0213 to confirm the risk estimate we provide.
At this time, Salesforce's Total Stockholder Equity is very stable compared to the past year. As of the 18th of April 2024, Liabilities And Stockholders Equity is likely to grow to about 107.9 B, while Capital Stock is likely to drop about 800 K. . At this time, Salesforce's Price Cash Flow Ratio is very stable compared to the past year. As of the 18th of April 2024, Price Sales Ratio is likely to grow to 10.55, while Price Earnings Ratio is likely to drop 62.89. Salesforce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of June 2004 | 200 Day MA 246.1819 | 50 Day MA 298.0014 | Beta 1.279 |
Salesforce |
Sharpe Ratio = -0.0042
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CRM |
Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Salesforce 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 Salesforce by adding Salesforce to a well-diversified portfolio.
Price Book 4.7864 | Enterprise Value Ebitda 28.5082 | Price Sales 8.1903 | Shares Float 942.3 M | Wall Street Target Price 331.82 |
Salesforce Valuation on February 8, 2023
It is possible to determine the worth of Salesforce on a given historical date. On February 8, 2023 Salesforce was worth 170.0 at the beginning of the trading date compared to the closed value of 169.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salesforce stock. Still, in general, we apply an absolute valuation method to find Salesforce'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 Salesforce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salesforce's related companies.
| Open | High | Low | Close | Volume | |
| 167.57 | 171.73 | 166.61 | 171.06 | 6,179,220 | |
02/08/2023 | 170.00 | 172.45 | 169.23 | 169.41 | 7,694,533 |
| 173.33 | 175.38 | 172.01 | 173.43 | 11,512,320 |
| Backtest Salesforce | | | Salesforce History | | | Salesforce Valuation | Previous | Next |
Salesforce Trading Date Momentum on February 8, 2023
| On February 09 2023 Salesforce was traded for 173.43 at the closing time. Highest Salesforce's price during the trading hours was 175.38 and the lowest price during the day was 172.01 . The net volume was 11.5 M. The overall trading history on the 9th of February contributed to the next trading period price boost. The overall trading delta to the next next day price was 2.37% . The trading price change to current price is 3.35% . |
Salesforce Fundamentals Correlations and Trends
By evaluating Salesforce'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 Salesforce's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salesforce financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Salesforce Stock history
Salesforce 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 Salesforce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salesforce 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 Salesforce stock prices may prove useful in developing a viable investing in Salesforce
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 984 M | 642.1 M | |
| Net Income Applicable To Common Shares | 239.2 M | 388.6 M |
Salesforce Stock Technical Analysis
Salesforce 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
Salesforce Period Price Range
Low | February 8, 2023
| High |
170.00 | 169.41 |
Salesforce April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Salesforce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salesforce shares will generate the highest return on investment. By undertsting and applying Salesforce stock market strength indicators, traders can identify Salesforce entry and exit signals to maximize returns
| Accumulation Distribution | 143673.0 | |||
| Daily Balance Of Power | (0.18) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 170.84 | |||
| Day Typical Price | 170.36 | |||
| Price Action Indicator | (1.72) | |||
| Period Momentum Indicator | 106.91 | |||
| Relative Strength Index | 40.37 |
Salesforce Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salesforce's price direction in advance. Along with the technical and fundamental analysis of Salesforce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salesforce 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 | 0.0213 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0223 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Salesforce Stock analysis
When running Salesforce's price analysis, check to measure Salesforce'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 Salesforce is operating at the current time. Most of Salesforce's value examination focuses on studying past and present price action to predict the probability of Salesforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salesforce's price. Additionally, you may evaluate how the addition of Salesforce to your portfolios can decrease your overall portfolio volatility.
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Is Salesforce'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 Salesforce. If investors know Salesforce 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 Salesforce 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 4.952 | Earnings Share 4.19 | Revenue Per Share 35.787 | Quarterly Revenue Growth 0.108 | Return On Assets 0.0377 |
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce'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 Salesforce's market value can be influenced by many factors that don't directly affect Salesforce'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 Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce'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.