ABM Industries Stock Forecast - Market Facilitation Index

ABM Stock  USD 57.36  0.57  1.00%   
ABM Stock Forecast is based on your current time horizon. Although ABM Industries' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of ABM Industries' systematic risk associated with finding meaningful patterns of ABM Industries fundamentals over time.
  
As of the 26th of November 2024, Inventory Turnover is likely to grow to 4,732. Also, Payables Turnover is likely to grow to 36.86. As of the 26th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 303.4 M, while Common Stock Shares Outstanding is likely to drop about 53.2 M.
ABM Industries Incorporated has current Market Facilitation Index of 0. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
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ABM Industries Trading Date Momentum

On November 25 2024 ABM Industries Incorporated was traded for  57.36  at the closing time. Highest ABM Industries's price during the trading hours was 58.18  and the lowest price during the day was  56.84 . The net volume was 294.9 K. The overall trading history on the 25th of November did not affect price variability. The overall trading delta to current price is 0.17% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for ABM Industries

For every potential investor in ABM, whether a beginner or expert, ABM Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ABM Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ABM. Basic forecasting techniques help filter out the noise by identifying ABM Industries' price trends.

ABM Industries Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ABM Industries stock to make a market-neutral strategy. Peer analysis of ABM Industries could also be used in its relative valuation, which is a method of valuing ABM Industries by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ABM Industries Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ABM Industries' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ABM Industries' current price.

ABM Industries Market Strength Events

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.

ABM Industries Risk Indicators

The analysis of ABM Industries' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ABM Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting abm stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether ABM Industries is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of ABM Industries to cross-verify your projections.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Environmental & Facilities Services space 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
(0.95)
Dividend Share
0.895
Earnings Share
2.42
Revenue Per Share
129.802
Quarterly Revenue Growth
0.033
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.