Abm Industries Incorporated Stock Probability of Future Stock Price Finishing Under 45.82
| ABM Stock | USD 52.08 0.25 0.48% |
Closest to current price ABM long CALL Option Payoff at Expiration
ABM |
ABM Industries Target Price Odds to finish below 45.82
The tendency of ABM Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 45.82 or more in 90 days |
| 52.08 | 90 days | 45.82 | near 1 |
Based on a normal probability distribution, the odds of ABM Industries to drop to $ 45.82 or more in 90 days from now is near 1 (This ABM Industries Incorporated probability density function shows the probability of ABM Stock to fall within a particular range of prices over 90 days) . Probability of ABM Industries price to stay between $ 45.82 and its current price of $52.08 at the end of the 90-day period is about 38.28 .
Considering the 90-day investment horizon ABM Industries has a beta of 1.0. This suggests ABM Industries Incorporated market returns are highly reactive to returns on the market. As the market goes up or down, ABM Industries is expected to follow. Additionally ABM Industries Incorporated has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. ABM Industries Price Density |
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Predictive Modules for ABM Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ABM Industries. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ABM Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ABM Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ABM Industries is not an exception. The market had few large corrections towards the ABM Industries' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ABM Industries Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ABM Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 1.00 | |
σ | Overall volatility | 2.31 | |
Ir | Information ratio | -0.04 |
ABM Industries Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ABM Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ABM Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ABM Industries has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| On 5th of August 2024 ABM Industries paid $ 0.225 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: GEHC Stock Rises as FDA Clears MIM Softwares Centiloid Tool |
ABM Industries Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ABM Stock often depends not only on the future outlook of the current and potential ABM Industries' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ABM Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.3 M | |
| Cash And Short Term Investments | 69.5 M |
ABM Industries Technical Analysis
ABM Industries' future price can be derived by breaking down and analyzing its technical indicators over time. ABM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ABM Industries Incorporated. In general, you should focus on analyzing ABM Stock price patterns and their correlations with different microeconomic environments and drivers.
ABM Industries Predictive Forecast Models
ABM Industries' time-series forecasting models is one of many ABM Industries' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ABM Industries' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about ABM Industries
Checking the ongoing alerts about ABM Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ABM Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ABM Industries has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| On 5th of August 2024 ABM Industries paid $ 0.225 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: GEHC Stock Rises as FDA Clears MIM Softwares Centiloid Tool |
Additional Information and Resources on Investing in ABM Stock
When determining whether ABM Industries is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:Check out ABM Industries Backtesting, ABM Industries Valuation, ABM Industries Correlation, ABM Industries Hype Analysis, ABM Industries Volatility, ABM Industries History as well as ABM Industries Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Environmental & Facilities Services space 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 (0.95) | Dividend Share 0.895 | Earnings Share 2.42 | Revenue Per Share 129.802 | Quarterly Revenue Growth 0.033 |
The market value of ABM Industries 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.