Abcam Average Assets Trend from 2010 to 2022

ABCM
 Stock
  

USD 15.31  0.07  0.46%   

Abcam Plc Average Assets yearly trend continues to be relatively stable with very little volatility. The value of Average Assets are projected to decrease to about 988.9 M. During the period from 2010 to 2022, Abcam Plc Average Assets yarly data series regression line had median of 626,950,000 and range of  410,752,500. Abcam Plc Operating Income is relatively stable at the moment as compared to the past year. The company's current value of Operating Income is estimated at 6.56 Million. Research and Development Expense is expected to hike to about 32.5 M this year, although the value of Gross Profit will most likely fall to nearly 249.4 M.
  
Check Abcam Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abcam main balance sheet or income statement drivers, such as Consolidated Income of 4.1 M, Cost of Revenue of 102.7 M or Earning Before Interest and Taxes EBIT of 1.8 M, as well as many exotic indicators such as Asset Turnover of 0.33, Book Value per Share of 3.24 or Current Ratio of 1.47. Abcam financial statements analysis is a perfect complement when working with Abcam Plc Valuation or Volatility modules. It can also supplement various Abcam Plc Technical models . Please continue to the analysis of Abcam Plc Correlation against competitors.

Abcam Average Assets Breakdown

Showing smoothed Average Assets of Abcam Plc ADR with missing and latest data points interpolated. Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.Abcam Plc's Average Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Abcam Plc's overall financial position and show how it may be relating to other accounts over time.
Average Assets10 Years Trend
Increasing
Slightly volatile
   Average Assets   
Share
       Timeline  

Abcam Average Assets Regression Statistics

Arithmetic Mean 707,569,524
Geometric Mean 694,151,805
Coefficient Of Variation 22.01
Mean Deviation 124,030,037
Median 626,950,000
Standard Deviation 155,735,282
Range 410,752,500
R-Value 0.73
R-Squared 0.54
Significance 0.004454
Slope 29,267,969

Abcam Average Assets History

2020902.4 M
2021B
2022988.9 M

Other Fundumenentals of Abcam Plc ADR

Abcam Plc Average Assets component correlations

About Abcam Plc Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Abcam Plc income statement, its balance sheet, and the statement of cash flows. Abcam Plc investors use historical funamental indicators, such as Abcam Plc's Average Assets, to determine how well the company is positioned to perform in the future. Although Abcam Plc investors may use each financial statement separately, they are all related. The changes in Abcam Plc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Abcam Plc's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Abcam Plc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Abcam Plc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.0045  0.004618 
Average AssetsB988.9 M
Average Equity739 M702.9 M
Invested Capital Average385.3 M363.2 M
Abcam plc, a life science company, focuses on identifying, developing, and distributing reagents and tools for scientific research, diagnostics, and drug discovery. Abcam plc was incorporated in 1998 and is headquartered in Cambridge, the United Kingdom. Abcam Plc operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 1650 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Abcam Plc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Abcam Plc's short interest history, or implied volatility extrapolated from Abcam Plc options trading.

Pair Trading with Abcam Plc

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 Abcam Plc 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 Abcam Plc will appreciate offsetting losses from the drop in the long position's value.

Moving against Abcam Plc

0.51ACURAcura Pharma Cmn Earnings Call  This WeekPairCorr
The ability to find closely correlated positions to Abcam Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abcam Plc 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 Abcam Plc - 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 Abcam Plc ADR to buy it.
The correlation of Abcam Plc is a statistical measure of how it moves in relation to other equities. 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 Abcam Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abcam Plc 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 Abcam Plc 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.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Abcam Plc Correlation against competitors. Note that the Abcam Plc ADR information on this page should be used as a complementary analysis to other Abcam Plc'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Abcam Plc ADR price analysis, check to measure Abcam Plc's 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 Abcam Plc is operating at the current time. Most of Abcam Plc's value examination focuses on studying past and present price action to predict the probability of Abcam Plc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Abcam Plc's price. Additionally, you may evaluate how the addition of Abcam Plc to your portfolios can decrease your overall portfolio volatility.
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Is Abcam Plc's 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 Abcam Plc. If investors know Abcam 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 Abcam Plc 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 YOY
-0.58
Market Capitalization
3.5 B
Quarterly Revenue Growth YOY
0.23
Return On Assets
0.0326
Return On Equity
0.0069
The market value of Abcam Plc ADR is measured differently than its book value, which is the value of Abcam that is recorded on the company's balance sheet. Investors also form their own opinion of Abcam Plc's value that differs from its market value or its book value, called intrinsic value, which is Abcam Plc's 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 Abcam Plc's market value can be influenced by many factors that don't directly affect Abcam Plc's 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 Abcam Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine Abcam Plc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abcam Plc's 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.