Netflix Stock Price on March 31, 2023
| NFLX Stock | USD 635.67 4.80 0.75% |
Below is the normalized historical share price chart for Netflix extending back to May 23, 2002. 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 Netflix stands at 635.67, as last reported on the 24th of May, with the highest price reaching 642.71 and the lowest price hitting 630.00 during the day.
If you're considering investing in Netflix Stock, it is important to understand the factors that can impact its price. We consider Netflix very steady. Netflix has Sharpe Ratio of 0.0722, which conveys that the firm had a 0.0722% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Netflix, which you can use to evaluate the volatility of the firm. Please verify Netflix's Mean Deviation of 1.42, risk adjusted performance of 0.0596, and Downside Deviation of 2.1 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
At this time, Netflix's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 467.9 M in 2024, whereas Preferred Stock Total Equity is likely to drop slightly above 112 M in 2024. . At this time, Netflix's Price Earnings To Growth Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 32.59 in 2024, whereas Price To Sales Ratio is likely to drop 3.45 in 2024. Netflix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of May 2002 | 200 Day MA 502.5898 | 50 Day MA 606.3728 | Beta 1.232 |
Netflix |
Sharpe Ratio = 0.0722
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| Cash | Small Risk | NFLX | High Risk | Huge Risk |
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Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Netflix is performing at about 5% of its full potential. 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 Netflix by adding it to a well-diversified portfolio.
Price Book 13.0915 | Enterprise Value Ebitda 12.8758 | Price Sales 7.9926 | Shares Float 426.8 M | Wall Street Target Price 647.6 |
Netflix Valuation on March 31, 2023
It is possible to determine the worth of Netflix on a given historical date. On March 31, 2023 Netflix was worth 340.05 at the beginning of the trading date compared to the closed value of 345.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Netflix stock. Still, in general, we apply an absolute valuation method to find Netflix'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 Netflix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Netflix's related companies.
| Open | High | Low | Close | Volume | |
| 340.27 | 343.29 | 335.30 | 338.43 | 7,028,916 | |
03/31/2023 | 340.05 | 345.84 | 337.23 | 345.48 | 5,542,937 |
| 341.83 | 348.58 | 340.41 | 348.28 | 4,407,241 |
| Backtest Netflix | | | Netflix History | | | Netflix Valuation | Previous | Next |
Netflix Trading Date Momentum on March 31, 2023
| On April 03 2023 Netflix was traded for 348.28 at the closing time. The top price for the day was 348.58 and the lowest listed price was 340.41 . The trading volume for the day was 4.4 M. The trading history from April 3, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.81% . The trading delta at closing time against the current closing price is 2.96% . |
Netflix Fundamentals Correlations and Trends
By evaluating Netflix'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 Netflix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Netflix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Netflix Stock history
Netflix 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 Netflix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Netflix 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 Netflix stock prices may prove useful in developing a viable investing in Netflix
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 449.5 M | 467.9 M | |
| Net Income Applicable To Common Shares | 5.2 B | 5.4 B |
Netflix Stock Technical Analysis
Netflix 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
Netflix Period Price Range
Low | March 31, 2023
| High |
340.05 | 345.48 |
Netflix May 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Netflix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Netflix shares will generate the highest return on investment. By undertsting and applying Netflix stock market strength indicators, traders can identify Netflix entry and exit signals to maximize returns
| Accumulation Distribution | 137996.0 | |||
| Daily Balance Of Power | 0.6307 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 341.54 | |||
| Day Typical Price | 342.85 | |||
| Price Action Indicator | 6.66 | |||
| Period Momentum Indicator | 290.19 | |||
| Relative Strength Index | 49.96 |
Netflix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Netflix's price direction in advance. Along with the technical and fundamental analysis of Netflix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Netflix 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 | 0.0596 | |||
| Jensen Alpha | 0.1209 | |||
| Total Risk Alpha | 0.0087 | |||
| Sortino Ratio | 0.0569 | |||
| Treynor Ratio | 0.1723 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netflix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Netflix Stock please use our How to Invest in Netflix guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Netflix Stock analysis
When running Netflix's price analysis, check to measure Netflix'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 Netflix is operating at the current time. Most of Netflix's value examination focuses on studying past and present price action to predict the probability of Netflix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netflix's price. Additionally, you may evaluate how the addition of Netflix to your portfolios can decrease your overall portfolio volatility.
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Is Netflix'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 Netflix. If investors know Netflix 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 Netflix 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 0.833 | Earnings Share 14.41 | Revenue Per Share 79.703 | Quarterly Revenue Growth 0.148 | Return On Assets 0.1001 |
The market value of Netflix is measured differently than its book value, which is the value of Netflix that is recorded on the company's balance sheet. Investors also form their own opinion of Netflix's value that differs from its market value or its book value, called intrinsic value, which is Netflix'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 Netflix's market value can be influenced by many factors that don't directly affect Netflix'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 Netflix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Netflix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Netflix'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.