Mongodb Stock Price on January 6, 2023

MDB Stock  USD 358.80  4.68  1.32%   
Below is the normalized historical share price chart for MongoDB extending back to October 19, 2017. 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 MongoDB stands at 358.80, as last reported on the 28th of March, with the highest price reaching 359.06 and the lowest price hitting 352.64 during the day.
IPO Date
19th of October 2017
200 Day MA
388.9884
50 Day MA
414.8026
Beta
1.237
 
Covid
If you're considering investing in MongoDB Stock, it is important to understand the factors that can impact its price. MongoDB has Sharpe Ratio of -0.0567, which conveys that the firm had a -0.0567% return per unit of risk over the last 3 months. MongoDB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MongoDB's Risk Adjusted Performance of (0.02), standard deviation of 2.9, and Mean Deviation of 2.15 to check out the risk estimate we provide.
  
At present, MongoDB's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 2.9 B, whereas Common Stock Total Equity is forecasted to decline to about 52.9 K. . At present, MongoDB's Price Book Value Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 3.35, whereas Price Earnings Ratio is projected to grow to (153.51). MongoDB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0567

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMDB

Estimated Market Risk

 2.99
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.17
  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 MongoDB 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 MongoDB by adding MongoDB to a well-diversified portfolio.
Price Book
24.4453
Enterprise Value Ebitda
(207.37)
Price Sales
15.5268
Shares Float
70.3 M
Wall Street Target Price
450.75

MongoDB Valuation on January 6, 2023

It is possible to determine the worth of MongoDB on a given historical date. On January 6, 2023 MongoDB was worth 172.2 at the beginning of the trading date compared to the closed value of 169.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MongoDB stock. Still, in general, we apply an absolute valuation method to find MongoDB'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 MongoDB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MongoDB's related companies.
 Open High Low Close Volume
  185.01    185.01    170.52    172.18    2,259,653  
01/06/2023
  172.20    173.66    164.76    169.82    2,006,724  
  173.64    179.27    172.07    178.07    1,631,965  
Backtest MongoDB  |  MongoDB History  |  MongoDB Valuation   PreviousNext  
Open Value
172.2
163.22
Downside
169.82
Closing Value
181.18
Upside

MongoDB Trading Date Momentum on January 6, 2023

On January 09 2023 MongoDB was traded for  178.07  at the closing time. Highest MongoDB's price during the trading hours was 179.27  and the lowest price during the day was  172.07 . The net volume was 1.6 M. The overall trading history on the 9th of January contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 4.86% . The trading delta at closing time to current price is 14.89% .

MongoDB Fundamentals Correlations and Trends

By evaluating MongoDB'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 MongoDB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MongoDB financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MongoDB Stock history

MongoDB 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 MongoDB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MongoDB 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 MongoDB stock prices may prove useful in developing a viable investing in MongoDB
Last ReportedProjected for 2024
Common Stock Shares Outstanding71.2 M58.1 M
Net Loss-310.9 M-295.3 M

MongoDB Quarterly Net Working Capital

1.92 Billion

MongoDB Stock Technical Analysis

MongoDB 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.
A focus of MongoDB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MongoDB trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MongoDB Period Price Range

Low
January 6, 2023
High

 172.20 

  

 169.82 

-2.38-1.38%

MongoDB March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how MongoDB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MongoDB shares will generate the highest return on investment. By undertsting and applying MongoDB stock market strength indicators, traders can identify MongoDB entry and exit signals to maximize returns

MongoDB Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MongoDB's price direction in advance. Along with the technical and fundamental analysis of MongoDB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MongoDB 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.
When determining whether MongoDB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MongoDB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mongodb Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mongodb Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MongoDB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.
Note that the MongoDB information on this page should be used as a complementary analysis to other MongoDB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for MongoDB Stock analysis

When running MongoDB's price analysis, check to measure MongoDB'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 MongoDB is operating at the current time. Most of MongoDB's value examination focuses on studying past and present price action to predict the probability of MongoDB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MongoDB's price. Additionally, you may evaluate how the addition of MongoDB to your portfolios can decrease your overall portfolio volatility.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Is MongoDB'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 MongoDB. If investors know MongoDB 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 MongoDB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.48)
Revenue Per Share
23.622
Quarterly Revenue Growth
0.268
Return On Assets
(0.05)
Return On Equity
(0.20)
The market value of MongoDB is measured differently than its book value, which is the value of MongoDB that is recorded on the company's balance sheet. Investors also form their own opinion of MongoDB's value that differs from its market value or its book value, called intrinsic value, which is MongoDB'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 MongoDB's market value can be influenced by many factors that don't directly affect MongoDB'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 MongoDB's value and its price as these two are different measures arrived at by different means. Investors typically determine if MongoDB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MongoDB'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.