Adobe Systems Incorporated Stock Market Value
| ADBE Stock | USD 515.93 2.25 0.44% |
| Symbol | Adobe |
Adobe Systems Price To Book Ratio
Is Application Software 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 Adobe Systems. If investors know Adobe 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 Adobe Systems 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 0.233 | Earnings Share 11.81 | Revenue Per Share 46.482 | Quarterly Revenue Growth 0.106 | Return On Assets 0.1597 |
The market value of Adobe Systems is measured differently than its book value, which is the value of Adobe that is recorded on the company's balance sheet. Investors also form their own opinion of Adobe Systems' value that differs from its market value or its book value, called intrinsic value, which is Adobe Systems' 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 Adobe Systems' market value can be influenced by many factors that don't directly affect Adobe Systems' 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 Adobe Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adobe Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adobe Systems' 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.
Adobe Systems 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Adobe Systems' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Adobe Systems.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Adobe Systems on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Adobe Systems Incorporated or generate 0.0% return on investment in Adobe Systems over 180 days. Adobe Systems is related to or competes with Crowdstrike Holdings, Palantir Technologies, Zscaler, Palo Alto, Cloudflare, Okta, and Block. Adobe Inc. operates as a diversified software company worldwide More
Adobe Systems Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Adobe Systems' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Adobe Systems Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.09 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 2.87 |
Adobe Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adobe Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adobe Systems' standard deviation. In reality, there are many statistical measures that can use Adobe Systems historical prices to predict the future Adobe Systems' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.14) |
Adobe Systems Backtested Returns
Adobe Systems secures Sharpe Ratio (or Efficiency) of -0.0719, which signifies that the company had a -0.0719% return per unit of risk over the last 3 months. Adobe Systems Incorporated exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adobe Systems' Mean Deviation of 1.35, risk adjusted performance of (0.04), and Standard Deviation of 1.94 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.85, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Adobe Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding Adobe Systems is expected to be smaller as well. At this point, Adobe Systems has a negative expected return of -0.14%. Please make sure to confirm Adobe Systems' treynor ratio, skewness, rate of daily change, as well as the relationship between the value at risk and accumulation distribution , to decide if Adobe Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Adobe Systems Incorporated has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Adobe Systems time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Adobe Systems price movement. The serial correlation of -0.72 indicates that around 72.0% of current Adobe Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 724.64 |
Adobe Systems lagged returns against current returns
Autocorrelation, which is Adobe Systems stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Adobe Systems' stock expected returns. We can calculate the autocorrelation of Adobe Systems returns to help us make a trade decision. For example, suppose you find that Adobe Systems has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Adobe Systems regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Adobe Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adobe Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adobe Systems stock over time.
Current vs Lagged Prices |
| Timeline |
Adobe Systems Lagged Returns
When evaluating Adobe Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adobe Systems stock have on its future price. Adobe Systems autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Adobe Systems autocorrelation shows the relationship between Adobe Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Adobe Systems Incorporated.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Adobe Systems is a strong investment it is important to analyze Adobe Systems' 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 Adobe Systems' future performance. For an informed investment choice regarding Adobe Stock, refer to the following important reports:Check out Adobe Systems Correlation, Adobe Systems Volatility and Adobe Systems Alpha and Beta module to complement your research on Adobe Systems. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Adobe Systems 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.