Salesforce.com’s Stock To Rise After Recent Fall?

+46.05%
Upside
154
Market
224
Trefis
CRM: Salesforce logo
CRM
Salesforce

Salesforce.com’s stock (NYSE: CRM) declined by 4.8% in the last twenty-one trading days. In comparison, the broader S&P500 index fell by 2% over the same period. The stock has seen declining trends since December due to a sell-off first due to rising Omicron cases and later due to the expected rise in interest rates. Now, is CRM stock poised to grow? Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 63% chance of a rise in CRM stock over the next month (twenty-one trading days). See our analysis on Salesforce.com’s Stock Chance Of Rise for more details.

Five Days: CRM -2.9%, vs. S&P500 -0.2%; Underperformed market

(17% event probability)

  • Salesforce.com’s stock declined 2.9% over a five day trading period, compared to the broader market (S&P500) fall of 0.2%
  • A change of -2.9% or more over five trading days has a 17% event probability, which has occurred 434 times out of 2517 in the last ten years
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Ten Days: CRM 3.6%, vs. S&P500 5.3%; Underperformed market

(27% event probability)

  • Salesforce.com’s stock rose 3.6% over the last ten trading days (two weeks), compared to the broader market (S&P500) rise of 5.3%
  • A change of 3.6% or more over ten trading days has a 27% event probability, which has occurred 668 times out of 2517 in the last ten years

Twenty-One Days: CRM -4.8%, vs. S&P500 -2%; Underperformed market

(17% event probability)

  • Salesforce.com’s stock declined 4.8% over the last twenty-one trading days (one month), compared to the broader market (S&P500) fall of 2%
  • A change of -4.8% or more over twenty-one trading days has a 17% event probability, which has occurred 439 times out of 2516 in the last ten years

Check out how Salesforce Peers fare on metrics that matter. You will find other useful comparisons for companies across industries at Peer Comparisons.

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

 Returns Feb 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 CRM Return -5% -13% 221%
 S&P 500 Return 1% -4% 104%
 Trefis MS Portfolio Return 2% -8% 261%

[1] Month-to-date and year-to-date as of 2/9/2022
[2] Cumulative total returns since the end of 2016

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