Abbott Laboratories Stock Market Value
| ABT Stock | USD 114.14 1.36 1.18% |
| Symbol | Abbott |
Abbott Laboratories Price To Book Ratio
Is Health Care Equipment & Supplies 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 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 0.146 | Dividend Share 2.2 | Earnings Share 3.29 | Revenue Per Share 23.682 | Quarterly Revenue Growth 0.049 |
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.
Abbott Laboratories '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 Abbott Laboratories' 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 Abbott Laboratories.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Abbott Laboratories on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Abbott Laboratories or generate 0.0% return on investment in Abbott Laboratories over 60 days. Abbott Laboratories is related to or competes with AbbVie, Eli Lilly, Bristol Myers, Johnson Johnson, and Medtronic PLC. Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products w... More
Abbott Laboratories 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 Abbott Laboratories' 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 Abbott Laboratories upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 6.26 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.27 |
Abbott Laboratories Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abbott Laboratories' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Abbott Laboratories' standard deviation. In reality, there are many statistical measures that can use Abbott Laboratories historical prices to predict the future Abbott Laboratories' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.10) |
Abbott Laboratories Backtested Returns
Abbott Laboratories secures Sharpe Ratio (or Efficiency) of -0.0164, which signifies that the company had a -0.0164% return per unit of standard deviation over the last 3 months. Abbott Laboratories exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Abbott Laboratories' mean deviation of 0.7738, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Abbott Laboratories' returns are expected to increase less than the market. However, during the bear market, the loss of holding Abbott Laboratories is expected to be smaller as well. At this point, Abbott Laboratories has a negative expected return of -0.0178%. Please make sure to confirm Abbott Laboratories' treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if Abbott Laboratories performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
Abbott Laboratories has modest reverse predictability. Overlapping area represents the amount of predictability between Abbott Laboratories time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th of December 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 Abbott Laboratories price movement. The serial correlation of -0.48 indicates that about 48.0% of current Abbott Laboratories price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 1.61 |
Abbott Laboratories lagged returns against current returns
Autocorrelation, which is Abbott Laboratories 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 Abbott Laboratories' stock expected returns. We can calculate the autocorrelation of Abbott Laboratories returns to help us make a trade decision. For example, suppose you find that Abbott Laboratories 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 |
Abbott Laboratories 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 Abbott Laboratories stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Abbott Laboratories stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Abbott Laboratories stock over time.
Current vs Lagged Prices |
| Timeline |
Abbott Laboratories Lagged Returns
When evaluating Abbott Laboratories' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Abbott Laboratories stock have on its future price. Abbott Laboratories 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, Abbott Laboratories autocorrelation shows the relationship between Abbott Laboratories stock current value and its past values and can show if there is a momentum factor associated with investing in Abbott Laboratories.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
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.