Abbott Laboratories (Mexico) Today
| ABT Stock | MXN 1,800 47.76 2.58% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Abbott Laboratories is trading at 1800.24 as of the 18th of April 2024; that is -2.58 percent decrease since the beginning of the trading day. The stock's open price was 1848.0. Abbott Laboratories has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Abbott Laboratories are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Abbott Laboratories discovers, develops, manufactures, and sells health care products worldwide. The company was founded in 1888 and is headquartered in Abbott Park, Illinois. ABBOTT LABORATORIES operates under Medical Devices classification in Mexico and is traded on Mexico Stock Exchange. The company has 1.74 B outstanding shares. More on Abbott Laboratories
Moving against Abbott Stock
| 0.46 | MS | Morgan Stanley | PairCorr |
| 0.42 | PRU | Prudential Financial | PairCorr |
Follow Valuation Odds of Bankruptcy
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Abbott Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Abbott Laboratories' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Abbott Laboratories or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Miles White |
| Business Concentration | Medical Devices, Healthcare (View all Sectors) |
Abbott Laboratories (ABT) is traded on Mexican Exchange in Mexico and employs 115,000 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 3.64 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Abbott Laboratories's market, we take the total number of its shares issued and multiply it by Abbott Laboratories's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Abbott Laboratories operates under Healthcare sector and is part of Medical Devices industry. The entity has 1.74 B outstanding shares.
Abbott Laboratories has accumulated about 3.26 B in cash with 10.53 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.85.
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Ownership AllocationAbbott Laboratories retains a total of 1.74 Billion outstanding shares. The majority of Abbott Laboratories outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Abbott Laboratories to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Abbott Laboratories. Please pay attention to any change in the institutional holdings of Abbott Laboratories as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Abbott Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Abbott Laboratories jumping above the current price in 90 days from now is roughly 96.0%. The Abbott Laboratories probability density function shows the probability of Abbott Laboratories stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Abbott Laboratories has a beta of -0.3676. This suggests as returns on the benchmark increase, returns on holding Abbott Laboratories are expected to decrease at a much lower rate. During a bear market, however, Abbott Laboratories is likely to outperform the market. Additionally, abbott Laboratories has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Abbott Laboratories to move above the current price in 90 days from now is roughly 96.0 (This Abbott Laboratories probability density function shows the probability of Abbott Stock to fall within a particular range of prices over 90 days) .
Abbott Laboratories Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Abbott Laboratories market risk premium is the additional return an investor will receive from holding Abbott Laboratories long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Abbott Laboratories. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Abbott Laboratories' alpha and beta are two of the key measurements used to evaluate Abbott Laboratories' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6068 | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.73 | |||
| Risk Adjusted Performance | (0.02) |
Abbott Stock Against Markets
Picking the right benchmark for Abbott Laboratories stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Abbott Laboratories stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Abbott Laboratories is critical whether you are bullish or bearish towards Abbott Laboratories at a given time. Please also check how Abbott Laboratories' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Abbott Laboratories without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Abbott Laboratories Corporate Directors
Abbott Laboratories corporate directors refer to members of an Abbott Laboratories board of directors. The board of directors generally takes responsibility for the Abbott Laboratories' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Abbott Laboratories' board members must vote for the resolution. The Abbott Laboratories board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Samuel Scott | Independent Director | Profile | |
| Nancy McKinstry | Independent Director | Profile | |
| James Farrell | Independent Director | Profile | |
| Phebe Novakovic | Independent Director | Profile |
How to buy Abbott Stock?
Before investing in Abbott Laboratories, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Abbott Laboratories. To buy Abbott Laboratories stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Abbott Laboratories. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Abbott Laboratories stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Abbott Laboratories stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Abbott Laboratories stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Abbott Laboratories, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.
Already Invested in Abbott Laboratories?
The danger of trading Abbott Laboratories is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Abbott Laboratories is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Abbott Laboratories. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Abbott Laboratories is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Abbott Laboratories is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Abbott Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Abbott Laboratories Stock. Highlighted below are key reports to facilitate an investment decision about Abbott Laboratories Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Abbott Stock analysis
When running Abbott Laboratories' price analysis, check to measure Abbott Laboratories' 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 Abbott Laboratories is operating at the current time. Most of Abbott Laboratories' value examination focuses on studying past and present price action to predict the probability of Abbott Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abbott Laboratories' price. Additionally, you may evaluate how the addition of Abbott Laboratories to your portfolios can decrease your overall portfolio volatility.
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