Servicenow Stock Probability of Future Stock Price Finishing Over 485.14

NOW
 Stock
  

USD 507.81  20.35  4.17%   

Servicenow's future price is the expected price of Servicenow instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Servicenow performance during a given time horizon utilizing its historical volatility. Price to Earnings Ratio is likely to climb to 1,120 in 2022, whereas Price to Book Value is likely to drop 38.06 in 2022.
  
Servicenow's implied volatility is one of the determining factors in the pricing options written on Servicenow. Implied volatility approximates the future value of Servicenow based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Servicenow over a specific time period. For example, 2022-08-12 CALL at $510.0 is a CALL option contract on Servicenow's common stock with a strick price of 510.0 expiring on 2022-08-12. The contract was last traded on 2022-08-09 at 14:39:01 for $1.84 and, as of today, has 2 days remaining before the expiration. The option is currently trading at a bid price of $1.7, and an ask price of $2.2. The implied volatility as of the 10th of August is 49.3781. View All Servicenow options

Closest to current price Servicenow long CALL Option Payoff at Expiration

Additionally, see Servicenow Backtesting, Servicenow Valuation, Servicenow Correlation, Servicenow Hype Analysis, Servicenow Volatility, Servicenow History as well as Servicenow Performance. Please specify Servicenow time horizon, a valid symbol (red box) and a target price (blue box) you would like Servicenow odds to be computed.

Servicenow Target Price Odds to finish over 485.14

The tendency of Servicenow Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 485.14  in 90 days
 507.81 90 days 485.14 
about 17.99
Based on a normal probability distribution, the odds of Servicenow to stay above $ 485.14  in 90 days from now is about 17.99 (This Servicenow probability density function shows the probability of Servicenow Stock to fall within a particular range of prices over 90 days) . Probability of Servicenow price to stay between $ 485.14  and its current price of $507.81 at the end of the 90-day period is about 13.89 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.86 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Servicenow will likely underperform. Additionally The company has an alpha of 0.139, implying that it can generate a 0.14 percent excess return over DOW after adjusting for the inherited market risk (beta).
   Servicenow Price Density   
       Price  

Predictive Modules for Servicenow

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Servicenow. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Servicenow'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 Servicenow in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
485.90489.56493.22
Details
Intrinsic
Valuation
LowReal ValueHigh
438.71583.46587.12
Details
Naive
Forecast
LowNext ValueHigh
517.77521.43525.09
Details
25 Analysts
Consensus
LowTarget PriceHigh
520.00726.17820.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Servicenow. Your research has to be compared to or analyzed against Servicenow's peers to derive any actionable benefits. When done correctly, Servicenow'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 Servicenow.

Servicenow Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Servicenow is not an exception. The market had few large corrections towards the Servicenow's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Servicenow, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Servicenow within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.14
β
Beta against DOW1.86
σ
Overall volatility
27.54
Ir
Information ratio 0.034742

Servicenow Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Servicenow for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Servicenow can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Servicenow has very high historical volatility over the last 90 days
Servicenow is unlikely to experience financial distress in the next 2 years
Over 90.0% of the company shares are owned by institutional investors
Latest headline from www.marketscreener.com: Balbix Announces New Integrations with ServiceNow to Further Automate and Improve Cyber Risk Quantification - Marketscreener.com

Servicenow Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Servicenow Stock often depends not only on the future outlook of the current and potential Servicenow's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Servicenow's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out1.99%
Short Percent Of Float2.00%
Float Shares201.03M
Shares Short Prior Month4.31M
Average Daily Volume Last 10 Day2.16M
Average Daily Volume In Three Month1.87M
Date Short Interest15th of July 2022

Servicenow Technical Analysis

Servicenow's future price can be derived by breaking down and analyzing its technical indicators over time. Servicenow Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Servicenow. In general, you should focus on analyzing Servicenow Stock price patterns and their correlations with different microeconomic environments and drivers.

Servicenow Predictive Forecast Models

Servicenow time-series forecasting models is one of many Servicenow's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Servicenow's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Servicenow

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

Servicenow Alerts

Servicenow Alerts and Suggestions

Servicenow has very high historical volatility over the last 90 days
Servicenow is unlikely to experience financial distress in the next 2 years
Over 90.0% of the company shares are owned by institutional investors
Latest headline from www.marketscreener.com: Balbix Announces New Integrations with ServiceNow to Further Automate and Improve Cyber Risk Quantification - Marketscreener.com
Additionally, see Servicenow Backtesting, Servicenow Valuation, Servicenow Correlation, Servicenow Hype Analysis, Servicenow Volatility, Servicenow History as well as Servicenow Performance. Note that the Servicenow information on this page should be used as a complementary analysis to other Servicenow'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Servicenow price analysis, check to measure Servicenow'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 Servicenow is operating at the current time. Most of Servicenow's value examination focuses on studying past and present price action to predict the probability of Servicenow's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Servicenow's price. Additionally, you may evaluate how the addition of Servicenow to your portfolios can decrease your overall portfolio volatility.
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Is Servicenow'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 Servicenow. If investors know Servicenow 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 Servicenow 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 YOY
-0.66
Market Capitalization
101 B
Quarterly Revenue Growth YOY
0.24
Return On Assets
0.0134
Return On Equity
0.0493
The market value of Servicenow is measured differently than its book value, which is the value of Servicenow that is recorded on the company's balance sheet. Investors also form their own opinion of Servicenow's value that differs from its market value or its book value, called intrinsic value, which is Servicenow'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 Servicenow's market value can be influenced by many factors that don't directly affect Servicenow'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 Servicenow's value and its price as these two are different measures arrived at by different means. Investors typically determine Servicenow value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Servicenow'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.