Abbvie Inc Stock Price on December 24, 2019
| ABBV Stock | USD 161.67 0.61 0.38% |
Below is the normalized historical share price chart for AbbVie Inc extending back to December 10, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of AbbVie stands at 161.67, as last reported on the 16th of April 2024, with the highest price reaching 164.70 and the lowest price hitting 161.50 during the day.
If you're considering investing in AbbVie Stock, it is important to understand the factors that can impact its price. We consider AbbVie very steady. AbbVie Inc secures Sharpe Ratio (or Efficiency) of 0.0154, which signifies that the company had a 0.0154% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for AbbVie Inc, which you can use to evaluate the volatility of the firm. Please confirm AbbVie's mean deviation of 0.8262, and Risk Adjusted Performance of 0.0072 to double-check if the risk estimate we provide is consistent with the expected return of 0.0178%.
Common Stock Shares Outstanding is likely to climb to about 1.8 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 7.1 B in 2024. . At this time, AbbVie's Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 13.89 in 2024, whereas Price Book Value Ratio is likely to drop 17.19 in 2024. AbbVie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of January 2013 | 200 Day MA 155.3109 | 50 Day MA 175.9642 | Beta 0.564 |
AbbVie |
Sharpe Ratio = 0.0154
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average AbbVie is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AbbVie by adding it to a well-diversified portfolio.
Price Book 27.7356 | Enterprise Value Ebitda 19.445 | Price Sales 5.29 | Shares Float 1.8 B | Dividend Share 5.99 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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About AbbVie Stock history
AbbVie investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AbbVie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AbbVie Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AbbVie stock prices may prove useful in developing a viable investing in AbbVie
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 1.8 B | |
| Net Income Applicable To Common Shares | 13.6 B | 14.3 B |
AbbVie Stock Technical Analysis
AbbVie 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.
Price Boundaries
AbbVie Period Price Range
AbbVie April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how AbbVie stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AbbVie shares will generate the highest return on investment. By undertsting and applying AbbVie stock market strength indicators, traders can identify AbbVie Inc entry and exit signals to maximize returns
AbbVie Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AbbVie's price direction in advance. Along with the technical and fundamental analysis of AbbVie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AbbVie to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0072 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.01) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AbbVie Inc. 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 AbbVie Inc information on this page should be used as a complementary analysis to other AbbVie'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for AbbVie Stock analysis
When running AbbVie's price analysis, check to measure AbbVie'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 AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.
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Is AbbVie'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 AbbVie. If investors know AbbVie 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 AbbVie 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 (0.67) | Dividend Share 5.99 | Earnings Share 2.73 | Revenue Per Share 30.723 | Quarterly Revenue Growth (0.05) |
The market value of AbbVie Inc is measured differently than its book value, which is the value of AbbVie that is recorded on the company's balance sheet. Investors also form their own opinion of AbbVie's value that differs from its market value or its book value, called intrinsic value, which is AbbVie'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 AbbVie's market value can be influenced by many factors that don't directly affect AbbVie'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 AbbVie's value and its price as these two are different measures arrived at by different means. Investors typically determine if AbbVie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AbbVie'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.