Abbott Laboratories Stock Probability of Future Stock Price Finishing Under 91.86
| ABT Stock | USD 105.90 3.31 3.03% |
Closest to current price Abbott long CALL Option Payoff at Expiration
Abbott |
Abbott Laboratories Target Price Odds to finish below 91.86
The tendency of Abbott Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 91.86 or more in 90 days |
| 105.90 | 90 days | 91.86 | near 1 |
Based on a normal probability distribution, the odds of Abbott Laboratories to drop to $ 91.86 or more in 90 days from now is near 1 (This Abbott Laboratories probability density function shows the probability of Abbott Stock to fall within a particular range of prices over 90 days) . Probability of Abbott Laboratories price to stay between $ 91.86 and its current price of $105.9 at the end of the 90-day period is about 1.41 .
Considering the 90-day investment horizon Abbott Laboratories has a beta of 0.84. This suggests as returns on the market go up, Abbott Laboratories average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Abbott Laboratories will be expected to be much smaller as well. Additionally Abbott Laboratories has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Abbott Laboratories Price Density |
| Price |
Predictive Modules for Abbott Laboratories
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Abbott Laboratories. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Abbott Laboratories' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Abbott Laboratories Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Abbott Laboratories is not an exception. The market had few large corrections towards the Abbott Laboratories' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Abbott Laboratories, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Abbott Laboratories within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.14 | |
β | Beta against NYSE Composite | 0.84 | |
σ | Overall volatility | 3.52 | |
Ir | Information ratio | -0.13 |
Abbott Laboratories Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Abbott Laboratories for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Abbott Laboratories can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Abbott Laboratories generated a negative expected return over the last 90 days | |
| Abbott Laboratories has a strong financial position based on the latest SEC filings | |
| Over 77.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: US STOCKS-Stocks slip as interest rate uncertainty, earnings weigh |
Abbott Laboratories Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Abbott Stock often depends not only on the future outlook of the current and potential Abbott Laboratories' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Abbott Laboratories' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.7 B | |
| Cash And Short Term Investments | 7.3 B |
Abbott Laboratories Technical Analysis
Abbott Laboratories' future price can be derived by breaking down and analyzing its technical indicators over time. Abbott Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Abbott Laboratories. In general, you should focus on analyzing Abbott Stock price patterns and their correlations with different microeconomic environments and drivers.
Abbott Laboratories Predictive Forecast Models
Abbott Laboratories' time-series forecasting models is one of many Abbott Laboratories' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Abbott Laboratories' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Abbott Laboratories
Checking the ongoing alerts about Abbott Laboratories for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Abbott Laboratories help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Abbott Laboratories generated a negative expected return over the last 90 days | |
| Abbott Laboratories has a strong financial position based on the latest SEC filings | |
| Over 77.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: US STOCKS-Stocks slip as interest rate uncertainty, earnings weigh |
Check out Abbott Laboratories Backtesting, Abbott Laboratories Valuation, Abbott Laboratories Correlation, Abbott Laboratories Hype Analysis, Abbott Laboratories Volatility, Abbott Laboratories History as well as Abbott Laboratories Performance. For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.Note that the Abbott Laboratories information on this page should be used as a complementary analysis to other Abbott Laboratories' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary 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.
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Is Abbott Laboratories' industry 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 Abbott Laboratories. If investors know Abbott 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 Abbott Laboratories 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 0.55 | Dividend Share 2.08 | Earnings Share 3.27 | Revenue Per Share 23.051 | Quarterly Revenue Growth 0.015 |
The market value of Abbott Laboratories is measured differently than its book value, which is the value of Abbott that is recorded on the company's balance sheet. Investors also form their own opinion of Abbott Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Abbott Laboratories' 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 Abbott Laboratories' market value can be influenced by many factors that don't directly affect Abbott Laboratories' 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 Abbott Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Abbott Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abbott Laboratories' 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.