Tesla Inc Stock Price on March 31, 2024
| TSLA Stock | USD 181.19 1.18 0.66% |
Below is the normalized historical share price chart for Tesla Inc extending back to June 29, 2010. 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 Tesla stands at 181.19, as last reported on the 4th of May, with the highest price reaching 184.60 and the lowest price hitting 176.02 during the day.
If you're considering investing in Tesla Stock, it is important to understand the factors that can impact its price. We consider Tesla very steady. Tesla Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0183, which indicates the firm had a 0.0183% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Tesla Inc, which you can use to evaluate the volatility of the company. Please validate Tesla's Coefficient Of Variation of (13,356), variance of 13.94, and Risk Adjusted Performance of 0.0035 to confirm if the risk estimate we provide is consistent with the expected return of 0.0693%.
At present, Tesla's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 1.2 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 2.6 B. . At present, Tesla's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 3.13, whereas Price To Sales Ratio is forecasted to decline to 7.74. Tesla Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of June 2010 | 200 Day MA 220.0745 | 50 Day MA 174.4976 | Beta 2.441 |
Tesla |
Sharpe Ratio = 0.0183
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | TSLA | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Tesla is performing at about 1% 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 Tesla by adding it to a well-diversified portfolio.
Price Book 8.6975 | Enterprise Value Ebitda 35.4986 | Price Sales 5.6292 | Shares Float 2.8 B | Wall Street Target Price 178.29 |
Related Headline
Xpeng Headline on 28th of March 2024
Downgrade Heres How Analysts See XPeng Inc. Performing In Th... by finance.yahoo.com
Today is shaping up negative for XPeng Inc. shareholders, with the analysts delivering a substantial...
Tesla Valuation on March 31, 2024
It is possible to determine the worth of Tesla on a given historical date. On March 31, 2024 Tesla was worth 177.45 at the beginning of the trading date compared to the closed value of 175.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tesla stock. Still, in general, we apply an absolute valuation method to find Tesla'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 Tesla where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tesla's related companies.
| Open | High | Low | Close | Volume | |
| 181.41 | 181.91 | 176.00 | 179.83 | 81,592,526 | |
03/28/2024 | 177.45 | 179.57 | 175.30 | 175.79 | 77,449,242 |
| 176.17 | 176.75 | 170.21 | 175.22 | 81,364,331 |
| Backtest Tesla | | | Tesla History | | | Tesla Valuation | Previous | Next |
Tesla Trading Date Momentum on March 31, 2024
| On April 01 2024 Tesla Inc was traded for 175.22 at the closing time. The top price for the day was 176.75 and the lowest listed price was 170.21 . The trading volume for the day was 81.4 M. The trading history from April 1, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.32% . The trading price change against the current closing price is 3.67% . |
Tesla Inc Fundamentals Correlations and Trends
By evaluating Tesla'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 Tesla's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tesla financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tesla Stock history
Tesla 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 Tesla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tesla Inc 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 Tesla stock prices may prove useful in developing a viable investing in Tesla
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.5 B | 2.6 B | |
| Net Income Applicable To Common Shares | 14.5 B | 15.2 B |
Tesla Quarterly Net Working Capital |
|
Tesla Stock Technical Analysis
Tesla 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
Tesla Period Price Range
Low | March 28, 2024
| High |
177.45 | 175.79 |
Tesla May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Tesla stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tesla shares will generate the highest return on investment. By undertsting and applying Tesla stock market strength indicators, traders can identify Tesla Inc entry and exit signals to maximize returns
| Accumulation Distribution | 1.8 M | |||
| Daily Balance Of Power | (0.39) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 177.44 | |||
| Day Typical Price | 176.89 | |||
| Price Action Indicator | (2.48) | |||
| Period Momentum Indicator | 5.4 |
Tesla Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tesla's price direction in advance. Along with the technical and fundamental analysis of Tesla Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tesla 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 | 0.0035 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.02) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Tesla Stock analysis
When running Tesla's price analysis, check to measure Tesla'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 Tesla is operating at the current time. Most of Tesla's value examination focuses on studying past and present price action to predict the probability of Tesla's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tesla's price. Additionally, you may evaluate how the addition of Tesla to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is Tesla'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 Tesla. If investors know Tesla 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 Tesla 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 (0.53) | Earnings Share 3.91 | Revenue Per Share 29.803 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0472 |
The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company's balance sheet. Investors also form their own opinion of Tesla's value that differs from its market value or its book value, called intrinsic value, which is Tesla'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 Tesla's market value can be influenced by many factors that don't directly affect Tesla'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 Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tesla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla'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.