Abcam Stock Market Value

ABCM
 Stock
  

USD 15.61  0.08  0.51%   

Abcam Plc's market value is the price at which a share of Abcam Plc stock trades on a public exchange. It measures the collective expectations of Abcam Plc ADR investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Abcam Plc ADR and determine expected loss or profit from investing in Abcam Plc over a given investment horizon. Please continue to Abcam Plc Hype Analysis, Abcam Plc Correlation, Abcam Plc Valuation, Abcam Plc Volatility, as well as analyze Abcam Plc Alpha and Beta and Abcam Plc Performance.
Symbol


Is Abcam Plc'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 Abcam Plc. If investors know Abcam 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 Abcam Plc 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 YOY
-0.58
Market Capitalization
3.6 B
Quarterly Revenue Growth YOY
0.23
Return On Assets
0.0326
Return On Equity
0.0069
The market value of Abcam Plc ADR is measured differently than its book value, which is the value of Abcam that is recorded on the company's balance sheet. Investors also form their own opinion of Abcam Plc's value that differs from its market value or its book value, called intrinsic value, which is Abcam Plc'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 Abcam Plc's market value can be influenced by many factors that don't directly affect Abcam Plc'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 Abcam Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine Abcam Plc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abcam Plc'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.

Abcam Plc 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Abcam Plc's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Abcam Plc.
0.00
08/25/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/15/2022
0.00
If you would invest  0.00  in Abcam Plc on August 25, 2020 and sell it all today you would earn a total of 0.00 from holding Abcam Plc ADR or generate 0.0% return on investment in Abcam Plc over 720 days. Abcam Plc is related to or competes with Alcoa Corp, Verizon Communications, General Electric, Chevron Corp, ATT, Home Depot, and Cisco Systems. Abcam plc, a life science company, focuses on identifying, developing, and distributing reagents and tools for scientifi...More

Abcam Plc Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Abcam Plc's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Abcam Plc ADR upside and downside potential and time the market with a certain degree of confidence.

Abcam Plc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Abcam Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Abcam Plc's standard deviation. In reality, there are many statistical measures that can use Abcam Plc historical prices to predict the future Abcam Plc's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Abcam Plc's 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. Please use the tools below to analyze the current value of Abcam Plc in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
13.3215.6117.90
Details
Intrinsic
Valuation
LowReal ValueHigh
14.0519.6221.91
Details
Naive
Forecast
LowNext ValueHigh
13.5615.8518.14
Details
5 Analysts
Consensus
LowTarget PriceHigh
21.0022.6725.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Abcam Plc. Your research has to be compared to or analyzed against Abcam Plc's peers to derive any actionable benefits. When done correctly, Abcam Plc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Abcam Plc ADR.

Abcam Plc ADR Backtested Returns

Abcam Plc appears to be not too volatile, given 3 months investment horizon. Abcam Plc ADR secures Sharpe Ratio (or Efficiency) of 0.0878, which signifies that the company had 0.0878% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Abcam Plc ADR, which you can use to evaluate the future volatility of the firm. Please makes use of Abcam Plc's mean deviation of 1.88, and Risk Adjusted Performance of 0.1451 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Abcam Plc holds a performance score of 6. The firm shows a Beta (market volatility) of 0.9547, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Abcam's beta means in this case. Abcam Plc returns are very sensitive to returns on the market. As the market goes up or down, Abcam Plc is expected to follow. Although it is important to respect Abcam Plc ADR historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Abcam Plc ADR technical indicators, you can presently evaluate if the expected return of 0.2% will be sustainable into the future. Please makes use of Abcam Plc ADR sortino ratio, semi variance, and the relationship between the information ratio and value at risk to make a quick decision on whether Abcam Plc price patterns will revert.

Auto-correlation

    
  0.52  

Modest predictability

Abcam Plc ADR has modest predictability. Overlapping area represents the amount of predictability between Abcam Plc time series from 25th of August 2020 to 20th of August 2021 and 20th of August 2021 to 15th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Abcam Plc ADR price movement. The serial correlation of 0.52 indicates that about 52.0% of current Abcam Plc price fluctuation can be explain by its past prices.
Correlation Coefficient0.52
Spearman Rank Test-0.01
Residual Average0.0
Price Variance9.43

Abcam Plc ADR lagged returns against current returns

Autocorrelation, which is Abcam Plc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Abcam Plc's stock expected returns. We can calculate the autocorrelation of Abcam Plc returns to help us make a trade decision. For example, suppose you find that Abcam Plc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Abcam Plc regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Abcam Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Abcam Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Abcam Plc stock over time.
   Current vs Lagged Prices   
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       Timeline  

Abcam Plc Lagged Returns

When evaluating Abcam Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Abcam Plc stock have on its future price. Abcam Plc autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Abcam Plc autocorrelation shows the relationship between Abcam Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Abcam Plc ADR.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Abcam Plc without increasing your portfolio risk or giving up 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.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Pair Trading with Abcam Plc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Abcam Plc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Abcam Plc will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Abcam Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abcam Plc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abcam Plc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Abcam Plc ADR to buy it.
The correlation of Abcam Plc is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abcam Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abcam Plc ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Abcam Plc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Abcam Plc Hype Analysis, Abcam Plc Correlation, Abcam Plc Valuation, Abcam Plc Volatility, as well as analyze Abcam Plc Alpha and Beta and Abcam Plc Performance. Note that the Abcam Plc ADR information on this page should be used as a complementary analysis to other Abcam Plc'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for Abcam Stock analysis

When running Abcam Plc ADR price analysis, check to measure Abcam Plc'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 Abcam Plc is operating at the current time. Most of Abcam Plc's value examination focuses on studying past and present price action to predict the probability of Abcam Plc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Abcam Plc's price. Additionally, you may evaluate how the addition of Abcam Plc to your portfolios can decrease your overall portfolio volatility.
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Abcam Plc 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.
A focus of Abcam Plc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Abcam Plc trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...