Snap Inc Stock Price on May 16, 2024
| SNAP Stock | USD 15.87 0.27 1.73% |
Below is the normalized historical share price chart for Snap Inc extending back to March 02, 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 Snap stands at 15.87, as last reported on the 12th of June 2024, with the highest price reaching 16.17 and the lowest price hitting 15.70 during the day.
If you're considering investing in Snap Stock, it is important to understand the factors that can impact its price. Snap appears to be somewhat reliable, given 3 months investment horizon. Snap Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Snap's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review Snap's Risk Adjusted Performance of 0.0853, coefficient of variation of 813.48, and Semi Deviation of 2.16 to confirm if our risk estimates are consistent with your expectations.
At this time, Snap's Total Stockholder Equity is relatively stable compared to the past year. As of 06/12/2024, Capital Stock is likely to grow to about 16.1 K, while Common Stock Total Equity is likely to drop slightly above 13.6 K. . At this time, Snap's Price Book Value Ratio is relatively stable compared to the past year. As of 06/12/2024, Price Earnings To Growth Ratio is likely to grow to 2.76, while Price Sales Ratio is likely to drop 5.63. Snap Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of March 2017 | 200 Day MA 12.6727 | 50 Day MA 14.012 | Beta 1.069 |
Snap |
Sharpe Ratio = 0.1421
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.29 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Snap is performing at about 11% 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 Snap by adding it to a well-diversified portfolio.
Price Book 7.4186 | Enterprise Value Ebitda (16.95) | Price Sales 3.8882 | Shares Float 1 B | Wall Street Target Price 14.94 |
Snap Valuation on May 16, 2024
It is possible to determine the worth of Snap on a given historical date. On May 16, 2024 Snap was worth 16.03 at the beginning of the trading date compared to the closed value of 16.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Snap stock. Still, in general, we apply an absolute valuation method to find Snap'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 Snap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Snap's related companies.
| Open | High | Low | Close | Volume | |
| 15.98 | 16.27 | 15.53 | 16.21 | 27,496,407 | |
05/16/2024 | 16.03 | 16.18 | 15.75 | 16.02 | 21,858,234 |
| 16.01 | 16.26 | 15.93 | 16.05 | 12,198,723 |
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Snap Trading Date Momentum on May 16, 2024
| On May 17 2024 Snap Inc was traded for 16.05 at the closing time. The top price for the day was 16.26 and the lowest listed price was 15.93 . The trading volume for the day was 12.2 M. The trading history from May 17, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 0.19% . The trading price change against the current closing price is 4.81% . |
Snap Inc Fundamentals Correlations and Trends
By evaluating Snap'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 Snap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Snap financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Snap Stock history
Snap 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 Snap is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Snap Inc 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 Snap stock prices may prove useful in developing a viable investing in Snap
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 1.5 B | |
| Net Loss | -1.6 B | -1.7 B |
Snap Quarterly Net Working Capital |
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Snap Stock Technical Analysis
Snap 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
Snap Period Price Range
Low | May 16, 2024
| High |
16.03 | 16.02 |
Snap June 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Snap stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Snap shares will generate the highest return on investment. By undertsting and applying Snap stock market strength indicators, traders can identify Snap Inc entry and exit signals to maximize returns
| Accumulation Distribution | 580905.0 | |||
| Daily Balance Of Power | (0.02) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15.97 | |||
| Day Typical Price | 15.98 | |||
| Price Action Indicator | 0.05 | |||
| Period Momentum Indicator | (0.15) |
Snap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Snap's price direction in advance. Along with the technical and fundamental analysis of Snap Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Snap 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 | 0.0853 | |||
| Jensen Alpha | 0.5064 | |||
| Total Risk Alpha | 0.4841 | |||
| Sortino Ratio | 0.2003 | |||
| Treynor Ratio | 0.4507 |
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Additional Tools for Snap Stock Analysis
When running Snap's price analysis, check to measure Snap'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 Snap is operating at the current time. Most of Snap's value examination focuses on studying past and present price action to predict the probability of Snap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap's price. Additionally, you may evaluate how the addition of Snap to your portfolios can decrease your overall portfolio volatility.