Salesforce Stock Z Score
CRM Stock  USD 270.37 1.55 0.57% 
Salesforce  Z Score 
Salesforce Company Z Score Analysis
Salesforce's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 
 
 
 

Salesforce Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Salesforce is extremely important. It helps to project a fair market value of Salesforce Stock properly, considering its historical fundamentals such as Z Score. Since Salesforce's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Salesforce's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Salesforce's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a ZScore, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. ZScores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize zscores proved it to be successful as a predictor of corporate bankruptcy.
Competition 
In accordance with the company's disclosures, Salesforce has a Z Score of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Salesforce ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower socialengagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Salesforce's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Salesforce's managers, analysts, and investors.Environment Score  Governance Score  Social Score 
Salesforce Institutional Holders
Institutional Holdings refers to the ownership stake in Salesforce that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Salesforce's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Salesforce's value.Shares  
Jpmorgan Chase & Co  20231231  13.2 M  
Capital Research Global Investors  20231231  11.3 M  
Northern Trust Corp  20231231  10.6 M  
Norges Bank  20231231  10.5 M  
Wellington Management Company Llp  20231231  10.5 M  
Bank Of America Corp  20231231  8.9 M  
Jennison Associates Llc  20231231  8.6 M  
Nuveen Asset Management, Llc  20231231  8.4 M  
Legal & General Group Plc  20231231  8.1 M  
Vanguard Group Inc  20231231  83.6 M  
Blackrock Inc  20231231  72.5 M 
Salesforce Fundamentals
Return On Equity  0.0701  
Return On Asset  0.0377  
Profit Margin  0.12 %  
Operating Margin  0.19 %  
Current Valuation  261.63 B  
Shares Outstanding  970 M  
Shares Owned By Insiders  2.81 %  
Shares Owned By Institutions  83.18 %  
Number Of Shares Shorted  9.65 M  
Price To Earning  291.69 X  
Price To Book  4.79 X  
Price To Sales  8.19 X  
Revenue  34.86 B  
Gross Profit  22.99 B  
EBITDA  11.88 B  
Net Income  4.14 B  
Cash And Equivalents  7.02 B  
Cash Per Share  13.53 X  
Total Debt  13.56 B  
Debt To Equity  0.24 %  
Current Ratio  1.06 X  
Book Value Per Share  61.43 X  
Cash Flow From Operations  10.23 B  
Short Ratio  1.38 X  
Earnings Per Share  4.19 X  
Price To Earnings To Growth  1.58 X  
Target Price  331.82  
Number Of Employees  72.68 K  
Beta  1.28  
Market Capitalization  262.26 B  
Total Asset  102.81 B  
Retained Earnings  11.72 B  
Working Capital  2.44 B  
Current Asset  4.35 B  
Current Liabilities  5.62 B  
Annual Yield  0.01 %  
Net Asset  102.81 B 
About Salesforce Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Salesforce's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Salesforce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Salesforce based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Salesforce
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Salesforce position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Salesforce will appreciate offsetting losses from the drop in the long position's value.Moving together with Salesforce Stock
0.66  DJCO  Daily Journal Corp  PairCorr 
0.66  AI  C3 Ai Inc Financial Report 29th of May 2024  PairCorr 
Moving against Salesforce Stock
0.56  DT  Dynatrace Holdings LLC Financial Report 15th of May 2024  PairCorr 
0.56  DMAN  Innovativ Media Group  PairCorr 
0.5  EB  Eventbrite Class A Financial Report 14th of May 2024  PairCorr 
0.42  DV  DoubleVerify Holdings Financial Report 8th of May 2024  PairCorr 
The ability to find closely correlated positions to Salesforce could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Salesforce when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Salesforce  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Salesforce to buy it.
The correlation of Salesforce is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Salesforce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Salesforce moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Salesforce can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Check out Salesforce Piotroski F Score and Salesforce Valuation analysis. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Salesforce Stock analysis
When running Salesforce's price analysis, check to measure Salesforce'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 Salesforce is operating at the current time. Most of Salesforce's value examination focuses on studying past and present price action to predict the probability of Salesforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salesforce's price. Additionally, you may evaluate how the addition of Salesforce to your portfolios can decrease your overall portfolio volatility.
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Is Salesforce'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 Salesforce. If investors know Salesforce 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 Salesforce 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 4.952  Earnings Share 4.19  Revenue Per Share 35.787  Quarterly Revenue Growth 0.108  Return On Assets 0.0377 
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce'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 Salesforce's market value can be influenced by many factors that don't directly affect Salesforce'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 Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce'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.