Palo Alto Networks Stock Price on March 20, 2024
| PANW Stock | USD 295.32 7.98 2.78% |
Below is the normalized historical share price chart for Palo Alto Networks extending back to July 20, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Palo Alto stands at 295.32, as last reported on the 3rd of May, with the highest price reaching 295.78 and the lowest price hitting 285.53 during the day.
If you're considering investing in Palo Stock, it is important to understand the factors that can impact its price. Palo Alto Networks maintains Sharpe Ratio (i.e., Efficiency) of -0.0334, which implies the firm had a -0.0334% return per unit of risk over the last 3 months. Palo Alto Networks exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Palo Alto's Coefficient Of Variation of (2,971), risk adjusted performance of (0.01), and Variance of 17.28 to confirm the risk estimate we provide.
At this time, Palo Alto's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to climb to about 3.6 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (36.9 M). . At this time, Palo Alto's Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 25.79 in 2024, whereas Price Book Value Ratio is likely to drop 21.96 in 2024. Palo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of July 2012 | 200 Day MA 274.8984 | 50 Day MA 284.7076 | Beta 1.2 |
Palo |
Sharpe Ratio = -0.0334
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| Negative Returns | PANW |
Estimated Market Risk
| 4.28 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Palo Alto is not performing at its full potential. However, 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 Palo Alto by adding Palo Alto to a well-diversified portfolio.
Price Book 20.6947 | Enterprise Value Ebitda 77.1094 | Price Sales 11.9786 | Shares Float 319.6 M | Wall Street Target Price 336.44 |
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Palo Alto Valuation on March 20, 2024
It is possible to determine the worth of Palo Alto on a given historical date. On March 20, 2024 Palo was worth 281.73 at the beginning of the trading date compared to the closed value of 282.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Palo Alto stock. Still, in general, we apply an absolute valuation method to find Palo Alto'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 Palo Alto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Palo Alto's related companies.
| Open | High | Low | Close | Volume | |
| 283.10 | 284.14 | 276.55 | 280.58 | 5,462,770 | |
03/20/2024 | 281.73 | 283.72 | 278.27 | 282.05 | 3,403,822 |
| 283.82 | 290.14 | 281.57 | 287.63 | 3,824,232 |
| Backtest Palo Alto | | | Palo Alto History | | | Palo Alto Valuation | Previous | Next |
Palo Alto Trading Date Momentum on March 20, 2024
| On March 21 2024 Palo Alto Networks was traded for 287.63 at the closing time. The top price for the day was 290.14 and the lowest listed price was 281.57 . The trading volume for the day was 3.8 M. The trading history from March 21, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 1.98% . The trading delta at closing time against the current closing price is 1.05% . |
Palo Alto Networks Fundamentals Correlations and Trends
By evaluating Palo Alto'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 Palo Alto's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Palo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Palo Alto Stock history
Palo Alto 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 Palo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palo Alto Networks 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 Palo Alto stock prices may prove useful in developing a viable investing in Palo Alto
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 393.6 M | 261.5 M | |
| Net Income Applicable To Common Shares | 505.7 M | 530.9 M |
Palo Alto Stock Technical Analysis
Palo Alto 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.
Price Boundaries
Palo Alto Period Price Range
Low | March 20, 2024
| High |
281.73 | 282.05 |
Palo Alto May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Palo Alto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Palo Alto shares will generate the highest return on investment. By undertsting and applying Palo Alto stock market strength indicators, traders can identify Palo Alto Networks entry and exit signals to maximize returns
| Accumulation Distribution | 65384.29 | |||
| Daily Balance Of Power | 0.0587 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 281.0 | |||
| Day Typical Price | 281.35 | |||
| Price Action Indicator | 1.22 | |||
| Period Momentum Indicator | 13.27 |
Palo Alto Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Palo Alto's price direction in advance. Along with the technical and fundamental analysis of Palo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Palo 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 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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.22) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palo Alto Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Palo Stock analysis
When running Palo Alto's price analysis, check to measure Palo Alto'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 Palo Alto is operating at the current time. Most of Palo Alto's value examination focuses on studying past and present price action to predict the probability of Palo Alto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palo Alto's price. Additionally, you may evaluate how the addition of Palo Alto to your portfolios can decrease your overall portfolio volatility.
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Is Palo Alto'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 Palo Alto. If investors know Palo 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 Palo Alto 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 18.56 | Earnings Share 6.46 | Revenue Per Share 24.27 | Quarterly Revenue Growth 0.193 | Return On Assets 0.0309 |
The market value of Palo Alto Networks is measured differently than its book value, which is the value of Palo that is recorded on the company's balance sheet. Investors also form their own opinion of Palo Alto's value that differs from its market value or its book value, called intrinsic value, which is Palo Alto'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 Palo Alto's market value can be influenced by many factors that don't directly affect Palo Alto'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 Palo Alto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palo Alto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palo Alto'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.