Abbvie Inc Stock Price on August 16, 2024
| ABBV Stock | USD 199.50 1.01 0.50% |
Below is the normalized historical share price chart for AbbVie Inc extending back to December 10, 2012. 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 AbbVie stands at 199.50, as last reported on the 11th of November 2024, with the highest price reaching 201.89 and the lowest price hitting 199.48 during the day.
If you're considering investing in AbbVie Stock, it is important to understand the factors that can impact its price. At this stage we consider AbbVie Stock to be very steady. AbbVie Inc secures Sharpe Ratio (or Efficiency) of 0.0737, which signifies that the company had a 0.0737% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for AbbVie Inc, which you can use to evaluate the volatility of the firm. Please confirm AbbVie's risk adjusted performance of 0.0627, and Mean Deviation of 0.7311 to double-check if the risk estimate we provide is consistent with the expected return of 0.0852%.
Common Stock Shares Outstanding is likely to climb to about 1.8 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 7.1 B in 2024. . At this time, AbbVie's Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 13.89 in 2024, whereas Price Book Value Ratio is likely to drop 17.19 in 2024. AbbVie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of January 2013 | 200 Day MA 178.8084 | 50 Day MA 194.5752 | Beta 0.613 |
AbbVie |
Sharpe Ratio = 0.0737
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average AbbVie is performing at about 5% 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 AbbVie by adding it to a well-diversified portfolio.
Price Book 58.4457 | Enterprise Value Ebitda 22.8419 | Price Sales 6.3484 | Shares Float 1.8 B | Dividend Share 6.2 |
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AbbVie Valuation on August 16, 2024
It is possible to determine the worth of AbbVie on a given historical date. On August 16, 2024 AbbVie was worth 192.33 at the beginning of the trading date compared to the closed value of 192.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AbbVie stock. Still, in general, we apply an absolute valuation method to find AbbVie'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 AbbVie where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AbbVie's related companies.
| Open | High | Low | Close | Volume | |
| 192.94 | 193.43 | 189.76 | 191.86 | 4,719,856 | |
08/16/2024 | 192.33 | 192.70 | 190.74 | 192.35 | 3,675,149 |
| 191.86 | 195.61 | 191.81 | 195.30 | 4,309,277 |
| Backtest AbbVie | | | AbbVie History | | | AbbVie Valuation | Previous | Next |
AbbVie Trading Date Momentum on August 16, 2024
| On August 19 2024 AbbVie Inc was traded for 195.30 at the closing time. The top price for the day was 195.61 and the lowest listed price was 191.81 . The trading volume for the day was 4.3 M. The trading history from August 19, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 1.53% . The overall trading delta against the current closing price is 1.89% . |
AbbVie Inc Fundamentals Correlations and Trends
By evaluating AbbVie'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 AbbVie's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AbbVie financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AbbVie Stock history
AbbVie 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 AbbVie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AbbVie Inc 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 AbbVie stock prices may prove useful in developing a viable investing in AbbVie
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 1.8 B | |
| Net Income Applicable To Common Shares | 13.6 B | 14.3 B |
AbbVie Stock Technical Analysis
AbbVie 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
AbbVie Period Price Range
Low | November 11, 2024
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0.00 | 0.00 |
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AbbVie November 11, 2024 Market Strength
Market strength indicators help investors to evaluate how AbbVie stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AbbVie shares will generate the highest return on investment. By undertsting and applying AbbVie stock market strength indicators, traders can identify AbbVie Inc entry and exit signals to maximize returns
AbbVie Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AbbVie's price direction in advance. Along with the technical and fundamental analysis of AbbVie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AbbVie 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 | 0.0627 | |||
| Jensen Alpha | 0.0498 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.4256 |
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Additional Tools for AbbVie Stock Analysis
When running AbbVie's price analysis, check to measure AbbVie's 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 AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.