Salesforce Stock Performance

CRM -  USA Stock  

USD 260.53  0.17  0.07%

Salesforce has performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.0646, which indicates not very significant fluctuations relative to the market. 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 extremely important to respect Salesforce current price movements, it is better to be realistic regarding the information on 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 0.11% will be sustainable into the future. Salesforce right now has a risk of 1.15%. Please validate Salesforce downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Salesforce will be following its existing price patterns.

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 Salesforce Performance
6 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Salesforce are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Salesforce may actually be approaching a critical reversion point that can send shares even higher in October 2021. ...more

Salesforce Price Channel

Quick Ratio1.19
Fifty Two Week Low201.51
Target High Price350.00
Fifty Two Week High275.22
Target Low Price211.86

Salesforce Relative Risk vs. Return Landscape

If you would invest  24,441  in Salesforce on June 22, 2021 and sell it today you would earn a total of  1,612  from holding Salesforce or generate 6.6% return on investment over 90 days. Salesforce is generating 0.1079% of daily returns assuming volatility of 1.1455% on return distribution over 90 days investment horizon. In other words, 9% of stocks are less volatile than Salesforce, and above 98% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Salesforce is expected to generate 1.8 times more return on investment than the market. However, the company is 1.8 times more volatile than its market benchmark. It trades about 0.09 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

Salesforce Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Salesforce's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Salesforce, and traders can use it to determine the average amount a Salesforce's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0942

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Estimated Market Risk
 1.15
  actual daily
 
 9 %
of total potential
 
99
Expected Return
 0.11
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.09
  actual daily
 
 6 %
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66
Based on monthly moving average Salesforce is performing at about 6% 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 Salesforce by adding it to a well-diversified portfolio.

About Salesforce Performance

To evaluate Salesforce Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Salesforce generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Salesforce Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Salesforce stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Salesforce's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Effect of Exchange Rate Changes on Cash23.4 M25.2 M
Return on Investment 1.13  1.13 
Return on Average Assets 6.71  7.24 
Return on Average Equity 10.80  11.65 
Return on Invested Capital 0.23  0.26 
Return on Sales 0.1  0.10 
salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management worldwide. The company was founded in 1999 and is headquartered in San Francisco, California. Salesforce operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 59895 people.

Things to note about Salesforce

Checking the ongoing alerts about Salesforce for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Salesforce help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Salesforce Alerts

Equity Alerts and Improvement Suggestions

Salesforce is unlikely to experience financial distress in the next 2 years
Over 79.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.benzinga.com: CEO Of Salesforce.Com Trades 6.29 Million In Company Stock - Benzinga
Continue to Trending Equities. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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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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.