Freshworks Stock Price on March 21, 2022
| FRSH Stock | USD 13.71 0.12 0.87% |
If you're considering investing in Freshworks Stock, it is important to understand the factors that can impact its price. As of today, the current price of Freshworks stands at 13.71, as last reported on the 10th of May, with the highest price reaching 13.95 and the lowest price hitting 13.64 during the day. Freshworks secures Sharpe Ratio (or Efficiency) of -0.2, which denotes the company had a -0.2% return per unit of risk over the last 3 months. Freshworks exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Freshworks' Variance of 10.46, mean deviation of 2.05, and Standard Deviation of 3.23 to check the risk estimate we provide.
Freshworks Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Freshworks |
Sharpe Ratio = -0.2044
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Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Freshworks 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 Freshworks by adding Freshworks to a well-diversified portfolio.
Freshworks Valuation on March 21, 2022
It is possible to determine the worth of Freshworks on a given historical date. On March 21, 2022 Freshworks was worth 17.43 at the beginning of the trading date compared to the closed value of 17.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freshworks stock. Still, in general, we apply an absolute valuation method to find Freshworks' 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 Freshworks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freshworks' related companies.
| Open | High | Low | Close | Volume | |
04/27/2022 | 17.43 | 18.21 | 16.96 | 17.60 | 4,183,500 |
| 17.94 | 18.96 | 17.59 | 18.94 | 1,492,800 |
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Freshworks Trading Date Momentum on March 21, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Freshworks Fundamentals Correlations and Trends
By evaluating Freshworks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Freshworks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freshworks financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Freshworks Stock history
Freshworks 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 Freshworks is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freshworks 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 Freshworks stock prices may prove useful in developing a viable investing in Freshworks
Freshworks Inc., a software development company, provides modern software-as-a-service products worldwide. The company was incorporated in 2010 and is headquartered in San Mateo, California. Freshworks Inc operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 4600 people.
Freshworks Stock Technical Analysis
Freshworks 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
Freshworks Period Price Range
Low | April 27, 2022
| High |
17.43 | 17.60 |
Freshworks May 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Freshworks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freshworks shares will generate the highest return on investment. By undertsting and applying Freshworks stock market strength indicators, traders can identify Freshworks entry and exit signals to maximize returns
Freshworks Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freshworks' price direction in advance. Along with the technical and fundamental analysis of Freshworks Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freshworks 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 | (0.12) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | (0.87) |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshworks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Freshworks Stock analysis
When running Freshworks' price analysis, check to measure Freshworks' 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 Freshworks is operating at the current time. Most of Freshworks' value examination focuses on studying past and present price action to predict the probability of Freshworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freshworks' price. Additionally, you may evaluate how the addition of Freshworks to your portfolios can decrease your overall portfolio volatility.
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Is Freshworks' 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 Freshworks. If investors know Freshworks 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 Freshworks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Freshworks is measured differently than its book value, which is the value of Freshworks that is recorded on the company's balance sheet. Investors also form their own opinion of Freshworks' value that differs from its market value or its book value, called intrinsic value, which is Freshworks' 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 Freshworks' market value can be influenced by many factors that don't directly affect Freshworks' 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 Freshworks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Freshworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freshworks' 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.