Abbott Laboratories Stock Technical Analysis
ABT Stock | USD 113.66 0.18 0.16% |
As of the 29th of March, Abbott Laboratories shows the risk adjusted performance of 0.0439, and Mean Deviation of 0.8211. Abbott Laboratories 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 firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen technical drivers for Abbott Laboratories, which can be compared to its rivals. Please confirm Abbott Laboratories information ratio, and the relationship between the downside deviation and value at risk to decide if Abbott Laboratories is priced correctly, providing market reflects its regular price of 113.66 per share. Given that Abbott Laboratories has jensen alpha of (0.03), we suggest you to validate Abbott Laboratories's prevailing market performance to make sure the company can sustain itself at a future point.
Abbott Laboratories Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Abbott, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AbbottAbbott |
Abbott Laboratories Analyst Consensus
Target Price | Advice | # of Analysts | |
110.65 | Strong Buy | 25 | Odds |
Most Abbott 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 Abbott stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Abbott Laboratories, talking to its executives and customers, or listening to Abbott conference calls.
Abbott Laboratories 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.
Abbott Laboratories Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Abbott Laboratories volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Abbott Laboratories Trend Analysis
Use this graph to draw trend lines for Abbott Laboratories. You can use it to identify possible trend reversals for Abbott Laboratories 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 Abbott Laboratories price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Abbott Laboratories Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Abbott Laboratories applied against its price change over selected period. The best fit line has a slop of 0.08 , which may imply that Abbott Laboratories will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 235.84, which is the sum of squared deviations for the predicted Abbott Laboratories price change compared to its average price change.About Abbott Laboratories 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 Abbott Laboratories 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 Abbott Laboratories based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Abbott Laboratories price pattern first instead of the macroeconomic environment surrounding Abbott Laboratories. By analyzing Abbott Laboratories'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 Abbott Laboratories'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 Abbott Laboratories specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Price Earnings Ratio | 35.33 | 27.76 | 33.35 | 17.25 | Short Term Coverage Ratios | 13.97 | 4.26 | 5.48 | 3.7 |
Abbott Laboratories March 29, 2024 Technical Indicators
Most technical analysis of Abbott 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 Abbott from various momentum indicators to cycle indicators. When you analyze Abbott 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0439 | |||
Market Risk Adjusted Performance | 0.0919 | |||
Mean Deviation | 0.8211 | |||
Semi Deviation | 1.07 | |||
Downside Deviation | 1.18 | |||
Coefficient Of Variation | 1423.87 | |||
Standard Deviation | 1.08 | |||
Variance | 1.17 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.0819 | |||
Maximum Drawdown | 5.13 | |||
Value At Risk | (2.08) | |||
Potential Upside | 1.52 | |||
Downside Variance | 1.4 | |||
Semi Variance | 1.14 | |||
Expected Short fall | (0.82) | |||
Skewness | (0.57) | |||
Kurtosis | 0.7371 |
Abbott Laboratories March 29, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Abbott stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 50,204 | ||
Daily Balance Of Power | 0.17 | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 113.48 | ||
Day Typical Price | 113.54 | ||
Price Action Indicator | 0.27 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. 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. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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 3.26 | 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.