Abm Industries Incorporated Stock Technical Analysis
| ABM Stock | USD 44.53 0.12 0.27% |
As of the 25th of April, ABM Industries shows the Mean Deviation of 1.04, coefficient of variation of 1221.64, and Downside Deviation of 1.39. ABM Industries rporated technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen technical drivers for ABM Industries Incorporated, which can be compared to its peers. Please confirm ABM Industries rporated treynor ratio, and the relationship between the variance and potential upside to decide if ABM Industries rporated is priced adequately, providing market reflects its regular price of 44.53 per share. Given that ABM Industries has jensen alpha of 0.0093, we suggest you to validate ABM Industries Incorporated's prevailing market performance to make sure the company can sustain itself in the future.
ABM Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ABM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ABMABM |
ABM Industries Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 46.8 | Buy | 8 | Odds |
Most ABM analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ABM stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ABM Industries rporated, talking to its executives and customers, or listening to ABM conference calls.
ABM Industries 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.
ABM Industries rporated Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ABM Industries rporated volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ABM Industries rporated Trend Analysis
Use this graph to draw trend lines for ABM Industries Incorporated. You can use it to identify possible trend reversals for ABM Industries as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ABM Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ABM Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ABM Industries Incorporated applied against its price change over selected period. The best fit line has a slop of 0.08 , which may imply that ABM Industries Incorporated will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 256.61, which is the sum of squared deviations for the predicted ABM Industries price change compared to its average price change.About ABM Industries Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ABM Industries Incorporated on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ABM Industries Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ABM Industries rporated price pattern first instead of the macroeconomic environment surrounding ABM Industries rporated. By analyzing ABM Industries's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ABM Industries's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ABM Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | PTB Ratio | 1.75 | 1.45 | 1.3 | 1.32 | Dividend Yield | 0.0173 | 0.022 | 0.0254 | 0.0255 |
ABM Industries April 25, 2024 Technical Indicators
Most technical analysis of ABM help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ABM from various momentum indicators to cycle indicators. When you analyze ABM charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0568 | |||
| Market Risk Adjusted Performance | 0.1032 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.28 | |||
| Downside Deviation | 1.39 | |||
| Coefficient Of Variation | 1221.64 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.16 | |||
| Information Ratio | 0.017 | |||
| Jensen Alpha | 0.0093 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.018 | |||
| Treynor Ratio | 0.0932 | |||
| Maximum Drawdown | 9.58 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.1 | |||
| Downside Variance | 1.94 | |||
| Semi Variance | 1.63 | |||
| Expected Short fall | (1.10) | |||
| Skewness | 0.7846 | |||
| Kurtosis | 3.96 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the ABM Industries rporated information on this page should be used as a complementary analysis to other ABM Industries' 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for ABM Stock analysis
When running ABM Industries' price analysis, check to measure ABM Industries' 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 ABM Industries is operating at the current time. Most of ABM Industries' value examination focuses on studying past and present price action to predict the probability of ABM Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABM Industries' price. Additionally, you may evaluate how the addition of ABM Industries to your portfolios can decrease your overall portfolio volatility.
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Is ABM Industries' 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 ABM Industries. If investors know ABM 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 ABM Industries 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 0.207 | Dividend Share 0.885 | Earnings Share 3.91 | Revenue Per Share 125.187 | Quarterly Revenue Growth 0.039 |
The market value of ABM Industries rporated is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' 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 ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' 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 ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' 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.