Splunk Stock Performance

SPLK
 Stock
  

USD 114.81  3.43  3.08%   

On a scale of 0 to 100, Splunk holds a performance score of 6. The entity has a beta of 2.3114, which indicates a somewhat significant risk relative to the market. Let's try to break down what Splunk'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, Splunk will likely underperform. Although it is vital to follow Splunk Inc 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 Splunk Inc technical indicators, you can presently evaluate if the expected return of 0.36% will be sustainable into the future. Please operates Splunk standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to make a quick decision on whether Splunk Inc existing price patterns will revert.
  
Splunk Performance
6 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Splunk Inc are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite fairly unsteady essential indicators, Splunk demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more

Splunk Price Channel

Quick Ratio1.29
Fifty Two Week Low84.63
Target High Price200.00
Fifty Two Week High176.66
Target Low Price98.00

Splunk Relative Risk vs. Return Landscape

If you would invest  9,635  in Splunk Inc on May 15, 2022 and sell it today you would earn a total of  1,846  from holding Splunk Inc or generate 19.16% return on investment over 90 days. Splunk Inc is currently generating 0.3564% in daily expected returns and assumes 3.9656% risk (volatility on return distribution) over the 90 days horizon. In different words, 34% of stocks are less volatile than Splunk, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Splunk is expected to generate 3.15 times more return on investment than the market. However, the company is 3.15 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 0.06 per unit of risk.

Splunk Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Splunk's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Splunk Inc, and traders can use it to determine the average amount a Splunk'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 = 0.0899

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Estimated Market Risk
 3.97
  actual daily
 
 34 %
of total potential
 
3434
Expected Return
 0.36
  actual daily
 
 6 %
of total potential
 
66
Risk-Adjusted Return
 0.09
  actual daily
 
 6 %
of total potential
 
66
Based on monthly moving average Splunk 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 Splunk by adding it to a well-diversified portfolio.

About Splunk Performance

To evaluate Splunk Inc 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 Splunk 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 Splunk 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 Splunk Inc 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 Splunk'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 2022
Effect of Exchange Rate Changes on Cash-449.6 K-485.1 K
Return on Investment(31.61) (34.10) 
Return on Average Assets(22.97) (24.78) 
Return on Average Equity(147.41) (159.06) 
Return on Invested Capital(0.80) (0.82) 
Return on Sales(0.50) (0.54) 
Splunk Inc., together with its subsidiaries, provides software and cloud solutions that deliver and operationalize insights from the data generated by digital systems in the United States and internationally. Splunk Inc. was incorporated in 2003 and is headquartered in San Francisco, California. Splunk operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 7000 people.

Things to note about Splunk Inc

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

Splunk Alerts

Equity Alerts and Improvement Suggestions

Splunk Inc has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 2.85 B. Net Loss for the year was (1.17 B) with profit before overhead, payroll, taxes, and interest of 1.94 B.
Splunk Inc has a strong financial position based on the latest SEC filings
Over 89.0% of the company shares are owned by institutional investors
Latest headline from www.fool.com: This Profitable Growth Stock Is the Best at What It Does, and Youve Likely Never Heard of It - The Motley Fool
Additionally, take a look at World Market Map. Note that the Splunk Inc information on this page should be used as a complementary analysis to other Splunk'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Splunk Inc price analysis, check to measure Splunk'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 Splunk is operating at the current time. Most of Splunk's value examination focuses on studying past and present price action to predict the probability of Splunk's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Splunk's price. Additionally, you may evaluate how the addition of Splunk to your portfolios can decrease your overall portfolio volatility.
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Is Splunk'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 Splunk. If investors know Splunk 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 Splunk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
18.5 B
Quarterly Revenue Growth YOY
0.34
Return On Assets
-0.12
Return On Equity
-4.01
The market value of Splunk Inc is measured differently than its book value, which is the value of Splunk that is recorded on the company's balance sheet. Investors also form their own opinion of Splunk's value that differs from its market value or its book value, called intrinsic value, which is Splunk'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 Splunk's market value can be influenced by many factors that don't directly affect Splunk'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 Splunk's value and its price as these two are different measures arrived at by different means. Investors typically determine Splunk value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Splunk'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.