$21.02Last 1 Month(s) Trading Day
10 Days Price Trend
|May 3, 2016|
ABB Ltd Market Sensitivity
|As returns on market increase, ABB Ltd returns are expected to increase less than the market. However during bear market, the loss on holding ABB Ltd will be expected to be smaller as well.One Month Beta |Analyze ABB Ltd Demand TrendCheck current 30 days ABB Ltd correlation with market (NYSE)|
β = 0.5238
ABB Ltd Against Markets
ABB Ltd Leadership
ABB Ltd Diversification SuggestionUse ABB Ltd to protect against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of ABB Ltd to be traded at $20.6 in 30 days
ABB Ltd Daily Price DistributionThe median price of ABB Ltd for the period between Sun, Apr 3, 2016 and Tue, May 3, 2016 is 20.26 with a coefficient of variation of 3.75. The daily time series for the period is distributed with a sample standard deviation of 0.76, arithmetic mean of 20.18, and mean deviation of 0.68. The Stock received some media coverage during the period.
ABB Ltd Summary
ABB Ltd [ABB] is traded on New York Stock Exchange in USA. It is located in Zurich, and employs 135,800 people. The company currently falls under 'Large-Cap' category with total capitalization of 43.5 B. ABB Ltd runs under Industrial Goods sector within Diversified Machinery industry. This company has 2.19 B outstanding shares of which 3.17 M shares are presently shorted by investors with about 1.8 days to cover shorted positions.