Palantir Technologies Stock Price on December 31, 2023
| PLTR Stock | USD 22.96 0.86 3.89% |
If you're considering investing in Palantir Stock, it is important to understand the factors that can impact its price. As of today, the current price of Palantir Technologies stands at 22.96, as last reported on the 6th of June, with the highest price reaching 22.96 and the lowest price hitting 22.96 during the day. Palantir Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.0503, which implies the firm had a -0.0503% return per unit of risk over the last 3 months. Palantir Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Palantir Technologies' Risk Adjusted Performance of 0.0047, variance of 10.38, and Coefficient Of Variation of (18,726) to confirm the risk estimate we provide.
At this time, Palantir Technologies' Total Stockholder Equity is relatively stable compared to the past year. As of 06/06/2024, Stock Based Compensation is likely to grow to about 656.4 M, while Common Stock Total Equity is likely to drop slightly above 1.7 M. . At this time, Palantir Technologies' Price To Sales Ratio is relatively stable compared to the past year. As of 06/06/2024, Price Earnings Ratio is likely to grow to 184.51, though Price Earnings To Growth Ratio is likely to grow to (1.08). Palantir Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Palantir |
Sharpe Ratio = -0.0503
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PLTR |
Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Palantir Technologies 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 Palantir Technologies by adding Palantir Technologies to a well-diversified portfolio.
Price Book 14.433 | Enterprise Value Ebitda 170.5561 | Price Sales 22.5449 | Shares Float 1.9 B | Wall Street Target Price 21.45 |
Palantir Technologies Valuation on December 31, 2023
It is possible to determine the worth of Palantir Technologies on a given historical date. On December 31, 2023 Palantir was worth 17.52 at the beginning of the trading date compared to the closed value of 17.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Palantir Technologies stock. Still, in general, we apply an absolute valuation method to find Palantir Technologies' 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 Palantir Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Palantir Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 17.46 | 17.84 | 17.42 | 17.56 | 38,936,361 | |
12/29/2023 | 17.52 | 17.64 | 17.10 | 17.17 | 38,837,473 |
| 16.95 | 16.95 | 16.50 | 16.58 | 41,529,317 |
| Backtest Palantir Technologies | | | Palantir Technologies History | | | Palantir Technologies Valuation | Previous | Next |
Palantir Technologies Trading Date Momentum on December 31, 2023
| On January 02 2024 Palantir Technologies was traded for 16.58 at the closing time. The top price for the day was 16.95 and the lowest listed price was 16.50 . The trading volume for the day was 41.5 M. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.44% . The trading delta at closing time against the current closing price is 5.53% . |
Palantir Technologies Fundamentals Correlations and Trends
By evaluating Palantir Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Palantir Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Palantir financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Palantir Technologies Stock history
Palantir Technologies 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 Palantir is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palantir Technologies 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 Palantir Technologies stock prices may prove useful in developing a viable investing in Palantir Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.3 B | 1.6 B | |
| Net Loss | -429.8 M | -451.2 M |
Palantir Technologies Quarterly Net Working Capital |
|
Palantir Technologies Stock Technical Analysis
Palantir Technologies 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
Palantir Technologies Period Price Range
Low | December 29, 2023
| High |
17.52 | 17.17 |
Palantir Technologies June 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Palantir Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Palantir Technologies shares will generate the highest return on investment. By undertsting and applying Palantir Technologies stock market strength indicators, traders can identify Palantir Technologies entry and exit signals to maximize returns
Palantir Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Palantir Technologies' price direction in advance. Along with the technical and fundamental analysis of Palantir Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Palantir 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 | 0.0047 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.02) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Palantir Stock Analysis
When running Palantir Technologies' price analysis, check to measure Palantir Technologies' 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 Palantir Technologies is operating at the current time. Most of Palantir Technologies' value examination focuses on studying past and present price action to predict the probability of Palantir Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palantir Technologies' price. Additionally, you may evaluate how the addition of Palantir Technologies to your portfolios can decrease your overall portfolio volatility.