Abm Industries Incorporated Stock Price on May 13, 2024
| ABM Stock | USD 47.67 0.71 1.47% |
Below is the normalized historical share price chart for ABM Industries Incorporated extending back to November 05, 1984. 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 ABM Industries stands at 47.67, as last reported on the 23rd of May, with the highest price reaching 48.83 and the lowest price hitting 47.47 during the day.
If you're considering investing in ABM Stock, it is important to understand the factors that can impact its price. ABM Industries appears to be very steady, given 3 months investment horizon. ABM Industries secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ABM Industries Incorporated, which you can use to evaluate the volatility of the entity. Please makes use of ABM Industries' Coefficient Of Variation of 495.25, downside deviation of 1.14, and Mean Deviation of 0.9179 to double-check if our risk estimates are consistent with your expectations.
At this time, ABM Industries' Total Stockholder Equity is very stable compared to the past year. As of the 23rd of May 2024, Liabilities And Stockholders Equity is likely to grow to about 6 B, while Common Stock Total Equity is likely to drop about 530.2 K. . At this time, ABM Industries' Price Book Value Ratio is very stable compared to the past year. As of the 23rd of May 2024, Price Earnings To Growth Ratio is likely to grow to 1.16, while Price Earnings Ratio is likely to drop 8.83. ABM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of July 1984 | 200 Day MA 42.7755 | 50 Day MA 44.5334 | Beta 1.137 |
ABM |
Sharpe Ratio = 0.2015
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average ABM Industries is performing at about 15% 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 ABM Industries by adding it to a well-diversified portfolio.
Price Book 1.5129 | Enterprise Value Ebitda 7.79 | Price Sales 0.3373 | Shares Float 62.4 M | Dividend Share 0.885 |
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ABM Industries Valuation on May 13, 2024
It is possible to determine the worth of ABM Industries on a given historical date. On May 13, 2024 ABM was worth 46.26 at the beginning of the trading date compared to the closed value of 45.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABM Industries stock. Still, in general, we apply an absolute valuation method to find ABM Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ABM Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABM Industries' related companies.
| Open | High | Low | Close | Volume | |
| 45.69 | 46.26 | 45.63 | 45.91 | 383,185 | |
05/13/2024 | 46.26 | 46.45 | 45.78 | 45.82 | 533,135 |
| 46.26 | 46.27 | 45.43 | 45.95 | 375,329 |
| Backtest ABM Industries | | | ABM Industries History | | | ABM Industries Valuation | Previous | Next |
ABM Industries Trading Date Momentum on May 13, 2024
| On May 14 2024 ABM Industries Incorporated was traded for 45.95 at the closing time. Highest ABM Industries's price during the trading hours was 46.27 and the lowest price during the day was 45.43 . The net volume was 375.3 K. The overall trading history on the 14th of May 2024 contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.28% . The overall trading delta to current price is 5.59% . |
ABM Industries Fundamentals Correlations and Trends
By evaluating ABM Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ABM Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ABM Industries Stock history
ABM Industries 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 ABM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABM Industries 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 ABM Industries stock prices may prove useful in developing a viable investing in ABM Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 76.2 M | 53.2 M | |
| Net Income Applicable To Common Shares | 289 M | 303.4 M |
ABM Industries Quarterly Net Working Capital |
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ABM Industries Stock Technical Analysis
ABM Industries 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
ABM Industries Period Price Range
Low | May 13, 2024
| High |
46.26 | 45.82 |
ABM Industries May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how ABM Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABM Industries shares will generate the highest return on investment. By undertsting and applying ABM Industries stock market strength indicators, traders can identify ABM Industries Incorporated entry and exit signals to maximize returns
| Accumulation Distribution | 7690.0 | |||
| Daily Balance Of Power | (0.66) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 46.12 | |||
| Day Typical Price | 46.02 | |||
| Price Action Indicator | (0.52) | |||
| Period Momentum Indicator | 1.85 |
ABM Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABM Industries' price direction in advance. Along with the technical and fundamental analysis of ABM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABM 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 | 0.1217 | |||
| Jensen Alpha | 0.2072 | |||
| Total Risk Alpha | 0.1001 | |||
| Sortino Ratio | 0.1654 | |||
| Treynor Ratio | 0.3578 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. 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 ABM Industries information on this page should be used as a complementary analysis to other ABM Industries' 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for ABM Stock analysis
When running ABM Industries' price analysis, check to measure ABM Industries' 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 ABM Industries is operating at the current time. Most of ABM Industries' value examination focuses on studying past and present price action to predict the probability of ABM Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABM Industries' price. Additionally, you may evaluate how the addition of ABM Industries to your portfolios can decrease your overall portfolio volatility.
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Is ABM Industries' 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 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 0.207 | Dividend Share 0.885 | Earnings Share 3.91 | Revenue Per Share 125.187 | Quarterly Revenue Growth 0.039 |
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.