Abcam Stock Market Value

ABCM -  USA Stock  

USD 17.84  0.61  3.31%

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.
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Backtest


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.
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
01/27/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/16/2022
0.00
If you would invest  0.00  in Abcam Plc on January 27, 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 Brickell Biotech. Abcam plc, a life sciences company, researches, develops, and distributes biological reagents and tools for research, dr...

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
15.5417.9220.30
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Intrinsic
Valuation
LowReal ValueHigh
16.0620.8523.23
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6 Analysts
Consensus
LowTarget PriceHigh
21.0022.3325.00
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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 ADR secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had -0.12% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Abcam Plc ADR exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Abcam Plc ADR risk adjusted performance of (0.06), and Mean Deviation of 1.65 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.8633, 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. Even though it is essential to pay attention to Abcam Plc ADR historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Abcam Plc ADR exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Abcam Plc ADR has an expected return of -0.28%. Please be advised to confirm Abcam Plc ADR sortino ratio, semi variance, and the relationship between the information ratio and value at risk to decide if Abcam Plc ADR performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.66)   

Very good reverse predictability

Abcam Plc ADR has very good reverse predictability. Overlapping area represents the amount of predictability between Abcam Plc time series from 27th of January 2020 to 21st of January 2021 and 21st of January 2021 to 16th of January 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 -0.66 indicates that around 66.0% of current Abcam Plc price fluctuation can be explain by its past prices. Given that Abcam Plc ADR has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Abcam Plc for similar time interval.
Correlation Coefficient-0.66
Spearman Rank Test-0.46
Residual Average0.0
Price Variance2.46

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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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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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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Abcam Plc Investors Sentiment

The influence of Abcam Plc's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Abcam. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Abcam Plc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Abcam Plc's short interest history, or implied volatility extrapolated from Abcam Plc options trading.

Current Sentiment - ABCM

Abcam Plc ADR Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Abcam Plc ADR. What is your sentiment towards investing in Abcam Plc ADR? Are you bullish or bearish?
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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.

Abcam Plc Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Abcam Plc and Brickell Biotech. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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...