Abacus Life Stock Price on August 27, 2024

ABL Stock   7.90  0.05  0.63%   
Below is the normalized historical share price chart for Abacus Life extending back to September 14, 2020. 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 Abacus Life stands at 7.90, as last reported on the 4th of December, with the highest price reaching 8.12 and the lowest price hitting 7.80 during the day.
IPO Date
14th of September 2020
200 Day MA
10.366
50 Day MA
9.0934
Beta
0.148
 
Covid
If you're considering investing in Abacus Stock, it is important to understand the factors that can impact its price. Abacus Life secures Sharpe Ratio (or Efficiency) of -0.0933, which signifies that the company had a -0.0933% return per unit of standard deviation over the last 3 months. Abacus Life exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Abacus Life's risk adjusted performance of (0.07), and Mean Deviation of 2.26 to double-check the risk estimate we provide.
  
At this time, Abacus Life's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 348.4 M this year, although the value of Capital Stock will most likely fall to 5,043. . At this time, Abacus Life's Price To Sales Ratio is quite stable compared to the past year. Price Sales Ratio is expected to rise to 16.75 this year, although the value of Price Earnings Ratio will most likely fall to 58.39. Abacus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0933

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Estimated Market Risk

 3.23
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Abacus Life 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 Abacus Life by adding Abacus Life to a well-diversified portfolio.
Price Book
2.5991
Enterprise Value Ebitda
54.6816
Price Sales
6.5489
Shares Float
12.7 M
Wall Street Target Price
14.375

Abacus Life Valuation on August 27, 2024

It is possible to determine the worth of Abacus Life on a given historical date. On August 27, 2024 Abacus was worth 10.14 at the beginning of the trading date compared to the closed value of 10.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abacus Life stock. Still, in general, we apply an absolute valuation method to find Abacus Life'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 Abacus Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Abacus Life's related companies.
 Open High Low Close Volume
  10.29    10.30    9.94    10.30    29,939  
08/27/2024
  10.14    10.50    10.02    10.33    77,508  
  10.36    10.46    9.91    10.20    43,227  
Backtest Abacus Life  |  Abacus Life History  |  Abacus Life Valuation   PreviousNext  
Open Value
10.14
10.33
Closing Value
19.84
Upside

Abacus Life Trading Date Momentum on August 27, 2024

On August 28 2024 Abacus Life was traded for  10.20  at the closing time. Highest Abacus Life's price during the trading hours was 10.46  and the lowest price during the day was  9.91 . The net volume was 43.2 K. The overall trading history on the 28th of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.26% . The overall trading delta to current price is 1.84% .

Abacus Life Fundamentals Correlations and Trends

By evaluating Abacus Life'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 Abacus Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Abacus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Abacus Life Stock history

Abacus Life 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 Abacus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Abacus Life 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 Abacus Life stock prices may prove useful in developing a viable investing in Abacus Life
Last ReportedProjected for Next Year
Common Stock Shares Outstanding57.8 M57.4 M
Net Income Applicable To Common Shares13.1 K11.6 K

Abacus Life Quarterly Net Working Capital

6.93 Million

Abacus Life Stock Technical Analysis

Abacus Life 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.
A focus of Abacus Life technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Abacus Life trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Abacus Life Period Price Range

Low
December 4, 2024
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High

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Abacus Life cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Abacus Life December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Abacus Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abacus Life shares will generate the highest return on investment. By undertsting and applying Abacus Life stock market strength indicators, traders can identify Abacus Life entry and exit signals to maximize returns

Abacus Life Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Abacus Life's price direction in advance. Along with the technical and fundamental analysis of Abacus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abacus 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.
When determining whether Abacus Life is a strong investment it is important to analyze Abacus Life'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 Abacus Life's future performance. For an informed investment choice regarding Abacus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Abacus Stock please use our How to buy in Abacus Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Insurance Brokers space 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 Abacus Life. If investors know Abacus 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 Abacus Life 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
(0.92)
Earnings Share
(0.22)
Revenue Per Share
1.547
Quarterly Revenue Growth
0.333
Return On Assets
0.0336
The market value of Abacus Life is measured differently than its book value, which is the value of Abacus that is recorded on the company's balance sheet. Investors also form their own opinion of Abacus Life's value that differs from its market value or its book value, called intrinsic value, which is Abacus Life'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 Abacus Life's market value can be influenced by many factors that don't directly affect Abacus Life'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 Abacus Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abacus Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abacus Life'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.