Nvidia Stock Price on October 31, 2023
| NVDA Stock | USD 858.17 27.76 3.34% |
Below is the normalized historical share price chart for NVIDIA extending back to January 22, 1999. 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 NVIDIA stands at 858.17, as last reported on the 3rd of May, with the highest price reaching 862.37 and the lowest price hitting 832.00 during the day.
If you're considering investing in NVIDIA Stock, it is important to understand the factors that can impact its price. NVIDIA appears to be very steady, given 3 months investment horizon. NVIDIA has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for NVIDIA, which you can use to evaluate the volatility of the firm. Please exercise NVIDIA's mean deviation of 2.62, and Risk Adjusted Performance of 0.1036 to check out if our risk estimates are consistent with your expectations.
At present, NVIDIA's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 69 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 2.5 B. . At present, NVIDIA's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 1.42, whereas Price To Sales Ratio is forecasted to decline to 19.59. NVIDIA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of January 1999 | 200 Day MA 584.8112 | 50 Day MA 859.3546 | Beta 1.744 |
NVIDIA |
Sharpe Ratio = 0.1121
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NVDA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.64 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average NVIDIA is performing at about 8% 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 NVIDIA by adding it to a well-diversified portfolio.
Price Book 46.2551 | Enterprise Value Ebitda 55.4484 | Price Sales 33.7953 | Shares Float 2.4 B | Dividend Share 0.16 |
NVIDIA Valuation on October 31, 2023
It is possible to determine the worth of NVIDIA on a given historical date. On October 31, 2023 NVIDIA was worth 404.5 at the beginning of the trading date compared to the closed value of 407.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NVIDIA stock. Still, in general, we apply an absolute valuation method to find NVIDIA'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 NVIDIA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NVIDIA's related companies.
| Open | High | Low | Close | Volume | |
| 410.87 | 417.66 | 404.81 | 411.55 | 38,802,809 | |
10/31/2023 | 404.50 | 408.79 | 392.30 | 407.75 | 51,796,871 |
| 408.84 | 423.81 | 408.69 | 423.19 | 43,759,289 |
| Backtest NVIDIA | | | NVIDIA History | | | NVIDIA Valuation | Previous | Next |
NVIDIA Trading Date Momentum on October 31, 2023
| On November 01 2023 NVIDIA was traded for 423.19 at the closing time. The top price for the day was 423.81 and the lowest listed price was 408.69 . The trading volume for the day was 43.8 M. The trading history from November 1, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 3.79% . The trading delta at closing time against the current closing price is 16.49% . |
NVIDIA Fundamentals Correlations and Trends
By evaluating NVIDIA'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 NVIDIA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NVIDIA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NVIDIA Stock history
NVIDIA 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 NVIDIA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NVIDIA 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 NVIDIA stock prices may prove useful in developing a viable investing in NVIDIA
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.5 B | 2.5 B | |
| Net Income Applicable To Common Shares | 5 B | 5.3 B |
NVIDIA Quarterly Net Working Capital |
|
NVIDIA Stock Technical Analysis
NVIDIA 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
NVIDIA Period Price Range
Low | October 31, 2023
| High |
404.50 | 407.75 |
NVIDIA May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how NVIDIA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NVIDIA shares will generate the highest return on investment. By undertsting and applying NVIDIA stock market strength indicators, traders can identify NVIDIA entry and exit signals to maximize returns
| Accumulation Distribution | 2.1 M | |||
| Daily Balance Of Power | 0.1971 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 400.55 | |||
| Day Typical Price | 402.95 | |||
| Price Action Indicator | 8.83 | |||
| Period Momentum Indicator | 450.42 |
NVIDIA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NVIDIA's price direction in advance. Along with the technical and fundamental analysis of NVIDIA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NVIDIA 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 | 0.1036 | |||
| Jensen Alpha | 0.443 | |||
| Total Risk Alpha | 0.2734 | |||
| Sortino Ratio | 0.1546 | |||
| Treynor Ratio | 0.2793 |
| Cycle Indicators | ||
| 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 NVIDIA. 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 NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.Note that the NVIDIA information on this page should be used as a complementary analysis to other NVIDIA'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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for NVIDIA Stock analysis
When running NVIDIA's price analysis, check to measure NVIDIA'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 NVIDIA is operating at the current time. Most of NVIDIA's value examination focuses on studying past and present price action to predict the probability of NVIDIA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVIDIA's price. Additionally, you may evaluate how the addition of NVIDIA to your portfolios can decrease your overall portfolio volatility.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
Is NVIDIA'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 NVIDIA. If investors know NVIDIA 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 NVIDIA 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 7.613 | Dividend Share 0.16 | Earnings Share 11.96 | Revenue Per Share 24.675 | Quarterly Revenue Growth 2.653 |
The market value of NVIDIA is measured differently than its book value, which is the value of NVIDIA that is recorded on the company's balance sheet. Investors also form their own opinion of NVIDIA's value that differs from its market value or its book value, called intrinsic value, which is NVIDIA'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 NVIDIA's market value can be influenced by many factors that don't directly affect NVIDIA'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 NVIDIA's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVIDIA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVIDIA'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.