Servicenow Stock Price on August 16, 2022 Breakdown

NOW
 Stock
  

USD 377.04  9.93  2.57%   

As of today, the current price of Servicenow is  377.04 , as last reported on the 25th of September, with the highest price reaching  387.33  and the lowest price hitting  374.36  during the day.
Servicenow owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had -0.13% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Servicenow exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Servicenow coefficient of variation of (1,258), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
  

Servicenow Main Headline on 16th of August 2022

Filed transaction by Servicenow Inc officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3

Servicenow Valuation on August 16, 2022

It is possible to determine the worth of Servicenow on a given historical date. On August 16, 2022 Servicenow was worth 499.0 at the beginning of the trading date compared to the closed value of 496.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Servicenow stock. Still, in general, we apply an absolute valuation method to find Servicenow'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Servicenow's related companies.
 Open High Low Close Volume
  502.00    510.47    498.60    504.07    992,885  
08/16/2022
  499.00    500.40    491.55    496.74    1,432,335  
  489.00    493.61    485.48    488.76    872,750  
Backtest Servicenow  |  Servicenow History  |  Servicenow Valuation   PreviousNext  
Open Value 499.0
489.94
Downside
496.74
Closing Value
508.06
Upside

Servicenow Trading Date Momentum on August 16, 2022

On August 17 2022 Servicenow was traded for  488.76  at the closing time. Highest Servicenow's price during the trading hours was 493.61  and the lowest price during the day was  485.48 . The net volume was 872.8 K. The overall trading history on the 17th of August 2022 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.61% . The trading price change to current price is 5.93% .

Servicenow Fundamentals Correlations and Trends

By evaluating Servicenow'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 Servicenow's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Servicenow financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Servicenow Stock history

Servicenow 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 Servicenow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Servicenow 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 Servicenow historical stock prices may prove useful in developing a viable investing in Servicenow
ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company was founded in 2004 and is headquartered in Santa Clara, California. Servicenow operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 16881 people.

Servicenow Stock Technical Analysis

Servicenow 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 Servicenow technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Servicenow 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...

Price Boundaries

Servicenow Period Price Range

Low
August 16, 2022
High

 499.00 

  

 496.74 

-2.26-0.45%

Servicenow September 25, 2022 Market Strength

Market strength indicators help investors to evaluate how Servicenow stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Servicenow shares will generate the highest return on investment. By undertsting and applying Servicenow stock market strength indicators, traders can identify Servicenow entry and exit signals to maximize returns

Servicenow Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Servicenow stock's direction in advance. Along with the technical and fundamental analysis of Servicenow Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Servicenow 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 stock 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.
Additionally, see Correlation Analysis. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for analysis

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.
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.