Servicenow Stock Market Value

NOW
 Stock
  

USD 496.74  7.33  1.45%   

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


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
100.9 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.

Servicenow '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 Servicenow'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 Servicenow.
0.00
08/26/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/16/2022
0.00
If you would invest  0.00  in Servicenow on August 26, 2020 and sell it all today you would earn a total of 0.00 from holding Servicenow or generate 0.0% return on investment in Servicenow over 720 days. Servicenow is related to or competes with Alphabet, Vmware, Caterpillar, Exxon, Boeing, 3M, and Johnson Johnson. ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and auto...More

Servicenow 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 Servicenow'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 Servicenow upside and downside potential and time the market with a certain degree of confidence.

Servicenow Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Servicenow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Servicenow's standard deviation. In reality, there are many statistical measures that can use Servicenow historical prices to predict the future Servicenow's volatility.
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
477.66481.26543.68
Details
Intrinsic
Valuation
LowReal ValueHigh
444.83602.00605.60
Details
25 Analysts
Consensus
LowTarget PriceHigh
520.00726.17820.00
Details
Earnings
Estimates (11)
LowProjected EPSHigh
1.341.391.56
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 Backtested Returns

Servicenow appears to be very steady, given 3 months investment horizon. Servicenow owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had 0.1% 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 Servicenow, which you can use to evaluate the future volatility of the company. Please review Servicenow's Risk Adjusted Performance of 0.1234, semi deviation of 3.63, and Coefficient Of Variation of 1065.84 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Servicenow holds a performance score of 7. The entity has a beta of 1.8012, which indicates a somewhat significant risk relative to the market. Let's try to break down what Servicenow's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Servicenow will likely underperform. Although it is vital to follow Servicenow 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 Servicenow technical indicators, you can presently evaluate if the expected return of 0.37% will be sustainable into the future. Please operates Servicenow total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power to make a quick decision on whether Servicenow existing price patterns will revert.

Auto-correlation

    
  -0.22  

Weak reverse predictability

Servicenow has weak reverse predictability. Overlapping area represents the amount of predictability between Servicenow time series from 26th of August 2020 to 21st of August 2021 and 21st of August 2021 to 16th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Servicenow price movement. The serial correlation of -0.22 indicates that over 22.0% of current Servicenow price fluctuation can be explain by its past prices.
Correlation Coefficient-0.22
Spearman Rank Test-0.35
Residual Average0.0
Price Variance6955.64

Servicenow lagged returns against current returns

Autocorrelation, which is Servicenow 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 Servicenow's stock expected returns. We can calculate the autocorrelation of Servicenow returns to help us make a trade decision. For example, suppose you find that Servicenow 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  

Servicenow 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 Servicenow stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Servicenow stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Servicenow stock over time.
   Current vs Lagged Prices   
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       Timeline  

Servicenow Lagged Returns

When evaluating Servicenow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Servicenow stock have on its future price. Servicenow 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, Servicenow autocorrelation shows the relationship between Servicenow stock current value and its past values and can show if there is a momentum factor associated with investing in Servicenow.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Servicenow without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Servicenow Hype Analysis, Servicenow Correlation, Servicenow Valuation, Servicenow Volatility, as well as analyze Servicenow Alpha and Beta and 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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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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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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...