Snowflake (Germany) Today
| 5Q5 Stock | EUR 148.20 1.48 1.01% |
Performance0 of 100
| Odds Of DistressLess than 35
|
Snowflake is trading at 148.20 as of the 7th of May 2024. This is a 1.01 percent increase since the beginning of the trading day. The stock's lowest day price was 146.62. Snowflake has about a 35 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Snowflake are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of April 2024 and ending today, the 7th of May 2024. Click here to learn more.
Snowflake Inc. provides cloud-based data platform in the United States and internationally. Snowflake Inc. was incorporated in 2012 and is headquartered in San Mateo, California. SNOWFLAKE INC operates under SoftwareApplication classification in Germany and is traded on Frankfurt Stock Exchange. The company has 321.6 M outstanding shares. More on Snowflake
Moving together with Snowflake Stock
| 0.65 | 307 | Shopify | PairCorr |
Moving against Snowflake Stock
| 0.83 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.65 | SAPA | SAP SE | PairCorr |
| 0.59 | SAP | SAP SE | PairCorr |
| 0.46 | TT8 | Trade Desk | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Snowflake Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Snowflake's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Snowflake or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Software—Application, Technology (View all Sectors) |
Snowflake (5Q5) is traded on Frankfurt Exchange in Germany and employs 5,547 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 51.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Snowflake's market, we take the total number of its shares issued and multiply it by Snowflake's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Snowflake classifies itself under Technology sector and is part of Software—Application industry. The entity has 321.6 M outstanding shares.
Snowflake has accumulated about 3.93 B in cash with 110.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.27.
Check Snowflake Probability Of Bankruptcy
Ownership AllocationSnowflake shows a total of 321.6 Million outstanding shares. Over half of Snowflake's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Snowflake. Please watch out for any change in the institutional holdings of Snowflake as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Snowflake Ownership Details
Snowflake Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Snowflake jumping above the current price in 90 days from now is about 73.59%. The Snowflake probability density function shows the probability of Snowflake stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Snowflake has a beta of -0.0055. This suggests as returns on the benchmark increase, returns on holding Snowflake are expected to decrease at a much lower rate. During a bear market, however, Snowflake is likely to outperform the market. Additionally, snowflake has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Snowflake to move above the current price in 90 days from now is about 73.59 (This Snowflake probability density function shows the probability of Snowflake Stock to fall within a particular range of prices over 90 days) .
Snowflake Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Snowflake market risk premium is the additional return an investor will receive from holding Snowflake long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Snowflake. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Snowflake's alpha and beta are two of the key measurements used to evaluate Snowflake's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.17 | |||
| Standard Deviation | 3.55 | |||
| Variance | 12.6 | |||
| Risk Adjusted Performance | (0.05) |
Snowflake Stock Against Markets
Picking the right benchmark for Snowflake stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Snowflake stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Snowflake is critical whether you are bullish or bearish towards Snowflake at a given time. Please also check how Snowflake's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Snowflake without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run FinTech Suite Now
FinTech SuiteUse AI to screen and filter profitable investment opportunities |
| All Next | Launch Module |
Snowflake Corporate Management
Elected by the shareholders, the Snowflake's board of directors comprises two types of representatives: Snowflake inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Snowflake. The board's role is to monitor Snowflake's management team and ensure that shareholders' interests are well served. Snowflake's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Snowflake's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Scarpelli | Chief Officer | Profile | |
| Marcin Zukowski | CoFounder Engineering | Profile | |
| Thierry Cruanes | CoFounder CTO | Profile | |
| Sundeep Bedi | Chief Officer | Profile | |
| Derk Lupinek | Sec Counsel | Profile | |
| Benoit Dageville | Pres CoFounder | Profile | |
| Christopher Degnan | Chief Officer | Profile |
How to buy Snowflake Stock?
Before investing in Snowflake, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Snowflake. To buy Snowflake stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Snowflake. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Snowflake stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Snowflake stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Snowflake stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Snowflake, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.
Already Invested in Snowflake?
The danger of trading Snowflake is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Snowflake is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Snowflake. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Snowflake is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Snowflake is a strong investment it is important to analyze Snowflake's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Snowflake's future performance. For an informed investment choice regarding Snowflake Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Snowflake. 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. For more detail on how to invest in Snowflake Stock please use our How to Invest in Snowflake guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Snowflake Stock analysis
When running Snowflake's price analysis, check to measure Snowflake'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 Snowflake is operating at the current time. Most of Snowflake's value examination focuses on studying past and present price action to predict the probability of Snowflake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snowflake's price. Additionally, you may evaluate how the addition of Snowflake to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |