Ferrari Nv Stock Price on March 7, 2024
| RACE Stock | USD 416.74 1.69 0.41% |
Below is the normalized historical share price chart for Ferrari NV extending back to October 21, 2015. 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 Ferrari NV stands at 416.74, as last reported on the 23rd of May, with the highest price reaching 418.71 and the lowest price hitting 413.81 during the day.
If you're considering investing in Ferrari Stock, it is important to understand the factors that can impact its price. We consider Ferrari NV very steady. Ferrari NV secures Sharpe Ratio (or Efficiency) of 0.0115, which denotes the company had a 0.0115% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ferrari NV, which you can use to evaluate the volatility of the firm. Please confirm Ferrari NV's Mean Deviation of 1.11, downside deviation of 1.74, and Coefficient Of Variation of 1345.99 to check if the risk estimate we provide is consistent with the expected return of 0.017%.
At present, Ferrari NV's Stock Based Compensation is projected to decrease significantly based on the last few years of reporting. . At present, Ferrari NV's Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 19.03, whereas Price Earnings To Growth Ratio is forecasted to decline to 1.02. Ferrari Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of October 2015 | 200 Day MA 359.8644 | 50 Day MA 420.3498 | Beta 0.977 |
Ferrari |
Sharpe Ratio = 0.0115
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| Negative Returns | RACE |
Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ferrari NV 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 Ferrari NV by adding Ferrari NV to a well-diversified portfolio.
Price Book 22.4802 | Enterprise Value Ebitda 33.2707 | Price Sales 12.6328 | Shares Float 114.1 M | Dividend Share 2.443 |
Ferrari NV Valuation on March 7, 2024
It is possible to determine the worth of Ferrari NV on a given historical date. On March 7, 2024 Ferrari was worth 419.82 at the beginning of the trading date compared to the closed value of 419.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ferrari NV stock. Still, in general, we apply an absolute valuation method to find Ferrari NV'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 Ferrari NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ferrari NV's related companies.
| Open | High | Low | Close | Volume | |
| 412.08 | 417.05 | 411.52 | 413.98 | 363,562 | |
03/07/2024 | 419.82 | 421.79 | 418.62 | 419.07 | 163,875 |
| 424.51 | 426.46 | 418.06 | 418.06 | 278,772 |
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Ferrari NV Trading Date Momentum on March 7, 2024
| On March 08 2024 Ferrari NV was traded for 418.06 at the closing time. The top price for the day was 426.46 and the lowest listed price was 418.06 . The trading volume for the day was 278.8 K. The trading history from March 8, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.24% . The overall trading delta against the current closing price is 1.75% . |
Ferrari NV Fundamentals Correlations and Trends
By evaluating Ferrari NV'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 Ferrari NV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ferrari financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ferrari NV Stock history
Ferrari NV 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 Ferrari is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ferrari NV 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 Ferrari NV stock prices may prove useful in developing a viable investing in Ferrari NV
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 181.5 M | 149.7 M | |
| Net Income Applicable To Common Shares | 1.1 B | 629.4 M |
Ferrari NV Quarterly Net Working Capital |
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Ferrari NV Stock Technical Analysis
Ferrari NV 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
Ferrari NV Period Price Range
Low | March 7, 2024
| High |
419.82 | 419.07 |
Ferrari NV May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Ferrari NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ferrari NV shares will generate the highest return on investment. By undertsting and applying Ferrari NV stock market strength indicators, traders can identify Ferrari NV entry and exit signals to maximize returns
| Accumulation Distribution | 1231.62 | |||
| Daily Balance Of Power | (0.24) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 420.21 | |||
| Day Typical Price | 419.83 | |||
| Price Action Indicator | (1.51) | |||
| Period Momentum Indicator | (2.33) |
Ferrari NV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ferrari NV's price direction in advance. Along with the technical and fundamental analysis of Ferrari Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ferrari 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 | 0.049 | |||
| Jensen Alpha | 0.0238 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0207 | |||
| Treynor Ratio | 0.0882 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ferrari NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.Note that the Ferrari NV information on this page should be used as a complementary analysis to other Ferrari NV'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 the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Ferrari Stock analysis
When running Ferrari NV's price analysis, check to measure Ferrari NV'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 Ferrari NV is operating at the current time. Most of Ferrari NV's value examination focuses on studying past and present price action to predict the probability of Ferrari NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ferrari NV's price. Additionally, you may evaluate how the addition of Ferrari NV to your portfolios can decrease your overall portfolio volatility.
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Is Ferrari NV'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 Ferrari NV. If investors know Ferrari 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 Ferrari NV 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 0.203 | Dividend Share 2.443 | Earnings Share 7.87 | Revenue Per Share 33.875 | Quarterly Revenue Growth 0.109 |
The market value of Ferrari NV is measured differently than its book value, which is the value of Ferrari that is recorded on the company's balance sheet. Investors also form their own opinion of Ferrari NV's value that differs from its market value or its book value, called intrinsic value, which is Ferrari NV'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 Ferrari NV's market value can be influenced by many factors that don't directly affect Ferrari NV'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 Ferrari NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ferrari NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ferrari NV'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.