ABB One Year Low vs. Price to Earnings To Growth
ABBDelisted Stock | USD 39.00 0.02 0.05% |
For ABB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ABB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ABB Ltd ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ABB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ABB Ltd ADR over time as well as its relative position and ranking within its peers.
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ABB Ltd ADR Price to Earnings To Growth vs. One Year Low Fundamental Analysis
ABB Price to Earnings To Growth vs. One Year Low
One Year Low is the lowest price that a given equity instrument has reached in the last 52 weeks. In other words it is the lowest price that investors were willing to pay for the asset over the past 52 weeks of trading. Year Low can be used as a naive indicator of how a given equity may perform over the longer-term investment horizon.
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Some investors believe that One Year Low is a good indicator of how the value of a stock is elastic during the trading year. It offers a good perspective on equity performance compared to trading within industry, sector, category, or even the entire market. For example, if a stock is at its One Year Low with local stock market index is not at its One Year Low, that stock is said to be under-performing the market. On the other hand, if the price of a stock is reached a new One Year Low, an investor may interpret it as a turning point and trade the instrument away or go short.
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Use ABB in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ABB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ABB will appreciate offsetting losses from the drop in the long position's value.ABB Pair Trading
ABB Ltd ADR Pair Trading Analysis
The ability to find closely correlated positions to ABB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ABB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ABB Ltd ADR to buy it.
The correlation of ABB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ABB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABB Ltd ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ABB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ABB position
In addition to having ABB in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Entertainment Thematic Idea Now
Entertainment
Companies from entertainment industry including show business, news and media. The Entertainment theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Entertainment Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. 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 ABB Ltd ADR information on this page should be used as a complementary analysis to other ABB's 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in ABB Stock
If you are still planning to invest in ABB Ltd ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ABB's history and understand the potential risks before investing.
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