Mongodb Stock Price on August 31, 2022
| MDB Stock | USD 340.16 12.69 3.88% |
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 340.16, as last reported on the 23rd of April, with the highest price reaching 342.17 and the lowest price hitting 321.77 during the day.
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 -0.0904, which conveys that the firm had a -0.0904% 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 (0.03), mean deviation of 2.12, and Standard Deviation of 2.84 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 To Sales Ratio is forecasted to decline to 15.31. MongoDB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of October 2017 | 200 Day MA 385.7741 | 50 Day MA 393.8552 | Beta 1.21 |
MongoDB |
Sharpe Ratio = -0.0904
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MDB |
Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 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 23.9916 | Enterprise Value Ebitda (203.40) | Price Sales 15.2351 | Shares Float 70.3 M | Wall Street Target Price 449.2 |
MongoDB Valuation on August 31, 2022
It is possible to determine the worth of MongoDB on a given historical date. On August 31, 2022 MongoDB was worth 335.22 at the beginning of the trading date compared to the closed value of 322.86. 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 | |
| 336.32 | 341.70 | 321.78 | 330.72 | 1,203,900 | |
08/31/2022 | 335.22 | 339.81 | 321.21 | 322.86 | 2,028,800 |
| 266.94 | 272.00 | 238.47 | 241.11 | 8,212,000 |
| Backtest MongoDB | | | MongoDB History | | | MongoDB Valuation | Previous | Next |
MongoDB Trading Date Momentum on August 31, 2022
| On September 01 2022 MongoDB was traded for 241.11 at the closing time. Highest MongoDB's price during the trading hours was 272.00 and the lowest price during the day was 238.47 . The net volume was 8.2 M. The overall trading history on the 1st of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 25.32% . The trading delta at closing time to current price is 16.66% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 71.2 M | 58.1 M | |
| Net Loss | -310.9 M | -295.3 M |
MongoDB Quarterly Net Working Capital |
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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.
Price Boundaries
MongoDB Period Price Range
Low | August 31, 2022
| High |
335.22 | 322.86 |
MongoDB April 23, 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
| Accumulation Distribution | 111049.0 | |||
| Daily Balance Of Power | (0.66) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 330.51 | |||
| Day Typical Price | 327.96 | |||
| Price Action Indicator | (13.83) | |||
| Period Momentum Indicator | 17.3 |
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.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.09) |
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| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.
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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 (2.49) | 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.