Abacus Life Stock Probability of Future Stock Price Finishing Under 8.86
| ABL Stock | 7.55 1.16 13.32% |
Abacus |
Abacus Life Target Price Odds to finish below 8.86
The tendency of Abacus Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under 8.86 after 90 days |
| 7.55 | 90 days | 8.86 | about 16.47 |
Based on a normal probability distribution, the odds of Abacus Life to stay under 8.86 after 90 days from now is about 16.47 (This Abacus Life probability density function shows the probability of Abacus Stock to fall within a particular range of prices over 90 days) . Probability of Abacus Life price to stay between its current price of 7.55 and 8.86 at the end of the 90-day period is about 16.37 .
Considering the 90-day investment horizon Abacus Life has a beta of 0.33. This suggests as returns on the market go up, Abacus Life average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Abacus Life will be expected to be much smaller as well. Additionally Abacus Life has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Abacus Life Price Density |
| Price |
Predictive Modules for Abacus Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Abacus Life. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Abacus Life Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Abacus Life is not an exception. The market had few large corrections towards the Abacus Life's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Abacus Life, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Abacus Life within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.69 | |
Ir | Information ratio | -0.12 |
Abacus Life Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Abacus Life for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Abacus Life can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Abacus Life generated a negative expected return over the last 90 days | |
| Abacus Life has high historical volatility and very poor performance | |
| Abacus Life generates negative cash flow from operations | |
| Abacus Life has a frail financial position based on the latest SEC disclosures | |
| About 83.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: Wall Street Analysts Believe Abacus Life, Inc. Could Rally 59.48 percent Heres is How to Trade |
Abacus Life Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Abacus Stock often depends not only on the future outlook of the current and potential Abacus Life's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Abacus Life's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 57.8 M | |
| Cash And Short Term Investments | 27.8 M |
Abacus Life Technical Analysis
Abacus Life's future price can be derived by breaking down and analyzing its technical indicators over time. Abacus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Abacus Life. In general, you should focus on analyzing Abacus Stock price patterns and their correlations with different microeconomic environments and drivers.
Abacus Life Predictive Forecast Models
Abacus Life's time-series forecasting models is one of many Abacus Life's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Abacus Life's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Abacus Life
Checking the ongoing alerts about Abacus Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Abacus Life help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Abacus Life generated a negative expected return over the last 90 days | |
| Abacus Life has high historical volatility and very poor performance | |
| Abacus Life generates negative cash flow from operations | |
| Abacus Life has a frail financial position based on the latest SEC disclosures | |
| About 83.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: Wall Street Analysts Believe Abacus Life, Inc. Could Rally 59.48 percent Heres is How to Trade |
Check out Abacus Life Backtesting, Abacus Life Valuation, Abacus Life Correlation, Abacus Life Hype Analysis, Abacus Life Volatility, Abacus Life History as well as Abacus Life Performance. For more information on how to buy Abacus Stock please use our How to buy in Abacus Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Insurance Brokers 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 Abacus Life. If investors know Abacus 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 Abacus Life 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 (0.92) | Earnings Share (0.22) | Revenue Per Share 1.547 | Quarterly Revenue Growth 0.333 | Return On Assets 0.0336 |
The market value of Abacus Life is measured differently than its book value, which is the value of Abacus that is recorded on the company's balance sheet. Investors also form their own opinion of Abacus Life's value that differs from its market value or its book value, called intrinsic value, which is Abacus Life'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 Abacus Life's market value can be influenced by many factors that don't directly affect Abacus Life'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 Abacus Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abacus Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abacus Life'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.