Palantir Technologiesinc Stock Price on March 12, 2024
| PLTR Stock | USD 23.33 0.78 3.46% |
If you're considering investing in Palantir Stock, it is important to understand the factors that can impact its price. As of today, the current price of Palantir TechnologiesInc stands at 23.33, as last reported on the 4th of May, with the highest price reaching 23.64 and the lowest price hitting 22.91 during the day. Palantir TechnologiesInc appears to be not too volatile, given 3 months investment horizon. Palantir TechnologiesInc maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Palantir TechnologiesInc's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please evaluate Palantir TechnologiesInc's Semi Deviation of 2.35, risk adjusted performance of 0.083, and Coefficient Of Variation of 865.78 to confirm if our risk estimates are consistent with your expectations.
At this time, Palantir TechnologiesInc's Total Stockholder Equity is relatively stable compared to the past year. As of 05/04/2024, Stock Based Compensation is likely to grow to about 656.4 M, while Common Stock Total Equity is likely to drop slightly above 1.7 M. . At this time, Palantir TechnologiesInc's Price To Sales Ratio is relatively stable compared to the past year. As of 05/04/2024, Price Earnings Ratio is likely to grow to 184.51, though Price Earnings To Growth Ratio is likely to grow to (1.08). Palantir Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Palantir |
Sharpe Ratio = 0.1305
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Estimated Market Risk
| 4.85 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Palantir TechnologiesInc is performing at about 10% 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 Palantir TechnologiesInc by adding it to a well-diversified portfolio.
Price Book 14.433 | Enterprise Value Ebitda 170.5561 | Price Sales 22.5449 | Shares Float 2 B | Wall Street Target Price 20.54 |
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Carmignac Gestion bought a new position in Splunk Inc. during the third quarter, according to its most recent filing with the Securities and Exchange Commission . The fund bought 42,723 shares of the software companys stock, valued at approximately 6,248,000. Other hedge funds and other institutional investors also recently added to
Palantir TechnologiesInc Valuation on March 12, 2024
It is possible to determine the worth of Palantir TechnologiesInc on a given historical date. On March 12, 2024 Palantir was worth 25.57 at the beginning of the trading date compared to the closed value of 24.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Palantir TechnologiesInc stock. Still, in general, we apply an absolute valuation method to find Palantir TechnologiesInc'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 Palantir TechnologiesInc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Palantir TechnologiesInc's related companies.
| Open | High | Low | Close | Volume | |
| 25.89 | 26.83 | 25.29 | 25.35 | 60,829,269 | |
03/12/2024 | 25.57 | 25.64 | 24.35 | 24.70 | 75,202,613 |
| 24.70 | 25.44 | 24.60 | 25.00 | 59,712,992 |
| Backtest Palantir TechnologiesInc | | | Palantir TechnologiesInc History | | | Palantir TechnologiesInc Valuation | Previous | Next |
Palantir TechnologiesInc Trading Date Momentum on March 12, 2024
| On March 13 2024 Palantir TechnologiesInc was traded for 25.00 at the closing time. The top price for the day was 25.44 and the lowest listed price was 24.60 . The trading volume for the day was 59.7 M. The trading history from March 13, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 1.21% . The trading delta at closing time against the current closing price is 2.02% . |
Palantir TechnologiesInc Fundamentals Correlations and Trends
By evaluating Palantir TechnologiesInc'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 Palantir TechnologiesInc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Palantir financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Palantir TechnologiesInc Stock history
Palantir TechnologiesInc 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 Palantir is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palantir TechnologiesInc 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 Palantir TechnologiesInc stock prices may prove useful in developing a viable investing in Palantir TechnologiesInc
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.3 B | 1.6 B | |
| Net Loss | -429.8 M | -451.2 M |
Palantir TechnologiesInc Quarterly Net Working Capital |
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Palantir TechnologiesInc Stock Technical Analysis
Palantir TechnologiesInc 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
Palantir TechnologiesInc Period Price Range
Low | March 12, 2024
| High |
25.57 | 24.70 |
Palantir TechnologiesInc May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Palantir TechnologiesInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Palantir TechnologiesInc shares will generate the highest return on investment. By undertsting and applying Palantir TechnologiesInc stock market strength indicators, traders can identify Palantir TechnologiesInc entry and exit signals to maximize returns
| Accumulation Distribution | 3.8 M | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 25.0 | |||
| Day Typical Price | 24.9 | |||
| Price Action Indicator | (0.73) | |||
| Period Momentum Indicator | (1.37) |
Palantir TechnologiesInc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Palantir TechnologiesInc's price direction in advance. Along with the technical and fundamental analysis of Palantir Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Palantir 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 | 0.083 | |||
| Jensen Alpha | 0.4085 | |||
| Total Risk Alpha | 0.2071 | |||
| Sortino Ratio | 0.1966 | |||
| Treynor Ratio | 0.1819 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palantir TechnologiesInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Palantir Stock, please use our How to Invest in Palantir TechnologiesInc guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Palantir Stock analysis
When running Palantir TechnologiesInc's price analysis, check to measure Palantir TechnologiesInc'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 Palantir TechnologiesInc is operating at the current time. Most of Palantir TechnologiesInc's value examination focuses on studying past and present price action to predict the probability of Palantir TechnologiesInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palantir TechnologiesInc's price. Additionally, you may evaluate how the addition of Palantir TechnologiesInc to your portfolios can decrease your overall portfolio volatility.
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Is Palantir TechnologiesInc'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 Palantir TechnologiesInc. If investors know Palantir 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 Palantir TechnologiesInc 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 1.663 | Earnings Share 0.09 | Revenue Per Share 1.036 | Quarterly Revenue Growth 0.196 | Return On Assets 0.0188 |
The market value of Palantir TechnologiesInc is measured differently than its book value, which is the value of Palantir that is recorded on the company's balance sheet. Investors also form their own opinion of Palantir TechnologiesInc's value that differs from its market value or its book value, called intrinsic value, which is Palantir TechnologiesInc'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 Palantir TechnologiesInc's market value can be influenced by many factors that don't directly affect Palantir TechnologiesInc'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 Palantir TechnologiesInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palantir TechnologiesInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palantir TechnologiesInc'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.