Salesforce Stock Market Value

CRM -  USA Stock  

USD 291.66  1.64  0.57%

Salesforce's market value is the price at which a share of Salesforce stock trades on a public exchange. It measures the collective expectations of Salesforce investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Salesforce and determine expected loss or profit from investing in Salesforce over a given investment horizon. Continue to Salesforce Hype Analysis, Salesforce Correlation, Salesforce Valuation, Salesforce Volatility, as well as analyze Salesforce Alpha and Beta and Salesforce Performance.
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Backtest


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 underlying business (such as 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 Salesforce value 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.

Salesforce 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Salesforce's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Salesforce.
0.00
10/27/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
10/16/2021
0.00
If you would invest  0.00  in Salesforce on October 27, 2019 and sell it all today you would earn a total of 0.00 from holding Salesforce or generate 0.0% return on investment in Salesforce over 720 days. Salesforce is related to or competes with Iac Interactivecorp, Xunlei, Sabre Corp, NetApp, Teradata Corp, Unisys Corp, and Alphabet. salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management worl...

Salesforce Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Salesforce's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Salesforce upside and downside potential and time the market with a certain degree of confidence.

Salesforce Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Salesforce's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Salesforce's standard deviation. In reality, there are many statistical measures that can use Salesforce historical prices to predict the future Salesforce's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Salesforce's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Salesforce in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
290.55292.08293.61
Details
Intrinsic
Valuation
LowReal ValueHigh
262.49321.30322.83
Details
Naive
Forecast
LowNext ValueHigh
290.32291.85293.39
Details
26 Analysts
Consensus
LowTarget PriceHigh
233.00313.30365.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Salesforce. Your research has to be compared to or analyzed against Salesforce's peers to derive any actionable benefits. When done correctly, Salesforce's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Salesforce.

Salesforce Backtested Returns

Salesforce appears to be very steady, given 3 months investment horizon. Salesforce owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had 0.21% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Salesforce, which you can use to evaluate the future volatility of the company. Please review Salesforce's Coefficient Of Variation of 472.08, risk adjusted performance of 0.1719, and Semi Deviation of 0.8158 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Salesforce holds a performance score of 15. The entity has a beta of 0.6261, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Salesforce's beta means in this case. As returns on the market increase, Salesforce returns are expected to increase less than the market. However, during the bear market, the loss on holding Salesforce will be expected to be smaller as well. Although it is vital to follow Salesforce current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Salesforce technical indicators, you can presently evaluate if the expected return of 0.33% will be sustainable into the future. Please operates Salesforce downside variance, and the relationship between the sortino ratio and accumulation distribution to make a quick decision on whether Salesforce existing price patterns will revert.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.76   

Good predictability

Salesforce has good predictability. Overlapping area represents the amount of predictability between Salesforce time series from 27th of October 2019 to 21st of October 2020 and 21st of October 2020 to 16th of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Salesforce price movement. The serial correlation of 0.76 indicates that around 76.0% of current Salesforce price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test0.43
Residual Average0.0
Price Variance355.38

Salesforce lagged returns against current returns

Autocorrelation, which is Salesforce stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Salesforce's stock expected returns. We can calculate the autocorrelation of Salesforce returns to help us make a trade decision. For example, suppose you find that Salesforce stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Salesforce regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Salesforce stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Salesforce stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Salesforce stock over time.
 Current vs Lagged Prices 
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      Timeline 

Salesforce Lagged Returns

When evaluating Salesforce's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Salesforce stock have on its future price. Salesforce autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Salesforce autocorrelation shows the relationship between Salesforce stock current value and its past values and can show if there is a momentum factor associated with investing in Salesforce.
 Regressed Prices 
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      Timeline 

Salesforce Investors Sentiment

The influence of Salesforce's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Salesforce. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - CRM

Salesforce Investor Sentiment

Predominant part of Macroaxis users are currently bullish on Salesforce. What is your outlook on investing in Salesforce? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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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.

Salesforce Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Salesforce and Iac Interactivecorp. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Salesforce Hype Analysis, Salesforce Correlation, Salesforce Valuation, Salesforce Volatility, as well as analyze Salesforce Alpha and Beta and Salesforce Performance. Note that the Salesforce information on this page should be used as a complementary analysis to other Salesforce'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Salesforce Stock analysis

When running Salesforce 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 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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Salesforce 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.
A focus of Salesforce technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Salesforce trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...