Pure Storage Stock Price on December 3, 2018
| PSTG Stock | USD 52.32 0.99 1.86% |
Below is the normalized historical share price chart for Pure Storage extending back to October 07, 2015. 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 Pure Storage stands at 52.32, as last reported on the 18th of April 2024, with the highest price reaching 54.07 and the lowest price hitting 52.29 during the day.
If you're considering investing in Pure Stock, it is important to understand the factors that can impact its price. Pure Storage appears to be very steady, given 3 months investment horizon. Pure Storage maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pure Storage, which you can use to evaluate the volatility of the company. Please evaluate Pure Storage's Semi Deviation of 1.87, coefficient of variation of 640.12, and Risk Adjusted Performance of 0.1069 to confirm if our risk estimates are consistent with your expectations.
The Pure Storage's current Stock Based Compensation To Revenue is estimated to increase to 0.14, while Total Stockholder Equity is projected to decrease to roughly 640.7 M. . At this time, Pure Storage's Price Cash Flow Ratio is most likely to slightly decrease in the upcoming years. Pure Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of October 2015 | 200 Day MA 39.7155 | 50 Day MA 49.3524 | Beta 1.15 |
Pure |
Sharpe Ratio = 0.1187
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Estimated Market Risk
| 3.94 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Pure Storage is performing at about 9% 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 Pure Storage by adding it to a well-diversified portfolio.
Price Book 13.6682 | Enterprise Value Ebitda 72.3686 | Price Sales 6.1329 | Shares Float 306.8 M | Wall Street Target Price 55.29 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Pure Storage Stock history
Pure Storage 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 Pure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pure Storage 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 Pure Storage stock prices may prove useful in developing a viable investing in Pure Storage
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 332.6 M | 251 M | |
| Net Income Applicable To Common Shares | 84 M | 88.2 M |
Pure Storage Quarterly Net Working Capital |
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Pure Storage Stock Technical Analysis
Pure Storage 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
Pure Storage Period Price Range
Pure Storage April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Pure Storage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pure Storage shares will generate the highest return on investment. By undertsting and applying Pure Storage stock market strength indicators, traders can identify Pure Storage entry and exit signals to maximize returns
| Accumulation Distribution | 98426.69 | |||
| Daily Balance Of Power | (0.56) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 53.18 | |||
| Day Typical Price | 52.89 | |||
| Price Action Indicator | (1.36) | |||
| Period Momentum Indicator | (0.99) |
Pure Storage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pure Storage's price direction in advance. Along with the technical and fundamental analysis of Pure Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pure 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 | 0.1069 | |||
| Jensen Alpha | 0.5218 | |||
| Total Risk Alpha | 0.3191 | |||
| Sortino Ratio | 0.2583 | |||
| Treynor Ratio | 0.3438 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. 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. For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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When running Pure Storage's price analysis, check to measure Pure Storage'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 Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
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Is Pure Storage'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 Pure Storage. If investors know Pure 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 Pure Storage 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 (0.14) | Earnings Share 0.19 | Revenue Per Share 9.077 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0151 |
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage'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 Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage'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 Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage'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.