Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding AbbVie is 'Strong Hold'. Macroaxis provides AbbVie buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AbbVie positions. The advice algorithm takes into account all of AbbVie available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from AbbVie buy-and-hold prospective. Check also AbbVie Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon AbbVie has a risk adjusted performance of (0.028183), jensen alpha of (0.19), total risk alpha of (0.47), sortino ratio of 0.0 and treynor ratio of (0.14)Macroaxis provides buy, hold, or sell suggestion on AbbVie to complement and cross-verify current analyst consensus on AbbVie. Our buy, hold, or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure AbbVie is not overpriced, please confirm all AbbVie fundamentals including its Shares Outstanding, Net Income, Number of Employees, as well as the relationship between Price to Book and Book Value Per Share . Given that AbbVie has Price to Earning of 21.84X, we suggest you validate AbbVie market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
AbbVie Thematic Classifications
Macroaxis IndexMacroaxis power theme of selected equities with solid fundamentals
AbbVie exhibits very low volatility with skewness of -1.62 and kurtosis of 4.43. However, we advise investors to further study AbbVie technical indicators to make sure all market info is available and is reliable.
The company currently holds 40.31B in liabilities. AbbVie has Current Ratio of 0.96 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
About 72.0% of the company shares are held by institutions such as insurance companies
Check also AbbVie Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.