Abbott Laboratories (Germany) Price on June 25, 2024
| ABL Stock | 110.34 0.32 0.29% |
If you're considering investing in Abbott Stock, it is important to understand the factors that can impact its price. As of today, the current price of Abbott Laboratories stands at 110.34, as last reported on the 29th of December, with the highest price reaching 110.38 and the lowest price hitting 109.36 during the day. Currently, Abbott Laboratories is very steady. Abbott Laboratories secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Abbott Laboratories, which you can use to evaluate the volatility of the firm. Please confirm Abbott Laboratories' mean deviation of 0.8607, and Risk Adjusted Performance of 0.0934 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
Abbott Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Abbott |
Sharpe Ratio = 0.1354
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Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Abbott Laboratories is performing at about 10% of its full potential. 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 Abbott Laboratories by adding it to a well-diversified portfolio.
Abbott Laboratories Valuation on June 25, 2024
It is possible to determine the worth of Abbott Laboratories on a given historical date. On June 25, 2024 Abbott was worth 96.98 at the beginning of the trading date compared to the closed value of 97.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abbott Laboratories stock. Still, in general, we apply an absolute valuation method to find Abbott Laboratories' 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 Abbott Laboratories where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Abbott Laboratories' related companies.
| Open | High | Low | Close | Volume | |
| 97.72 | 97.72 | 96.71 | 97.64 | 22.00 | |
06/25/2024 | 96.98 | 97.78 | 96.40 | 97.48 | 668.00 |
| 96.78 | 97.79 | 96.78 | 96.93 | 650.00 |
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Abbott Laboratories Trading Date Momentum on June 25, 2024
| On June 26 2024 Abbott Laboratories was traded for 96.93 at the closing time. The highest price during the trading period was 97.79 and the lowest recorded bid was listed for 96.78 . The volume for the day was 650. This history from June 26, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.56% . The overall trading delta to the current price is 4.23% . |
Abbott Laboratories Fundamentals Correlations and Trends
By evaluating Abbott Laboratories' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Abbott Laboratories' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Abbott financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Abbott Laboratories Stock history
Abbott Laboratories 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 Abbott is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Abbott Laboratories 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 Abbott Laboratories stock prices may prove useful in developing a viable investing in Abbott Laboratories
Abbott Laboratories Stock Technical Analysis
Abbott Laboratories 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
Abbott Laboratories Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
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Abbott Laboratories December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Abbott Laboratories stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abbott Laboratories shares will generate the highest return on investment. By undertsting and applying Abbott Laboratories stock market strength indicators, traders can identify Abbott Laboratories entry and exit signals to maximize returns
Abbott Laboratories Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Abbott Laboratories' price direction in advance. Along with the technical and fundamental analysis of Abbott Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abbott 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 | 0.0934 | |||
| Jensen Alpha | 0.124 | |||
| Total Risk Alpha | 0.0894 | |||
| Sortino Ratio | 0.1119 | |||
| Treynor Ratio | (1.27) |
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Additional Tools for Abbott Stock Analysis
When running Abbott Laboratories' price analysis, check to measure Abbott Laboratories' 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 Abbott Laboratories is operating at the current time. Most of Abbott Laboratories' value examination focuses on studying past and present price action to predict the probability of Abbott Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abbott Laboratories' price. Additionally, you may evaluate how the addition of Abbott Laboratories to your portfolios can decrease your overall portfolio volatility.