Abacus Life Stock Price on August 27, 2024
| ABL Stock | 7.67 0.12 1.59% |
Below is the normalized historical share price chart for Abacus Life extending back to September 14, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Abacus Life stands at 7.67, as last reported on the 26th of November, with the highest price reaching 7.85 and the lowest price hitting 7.55 during the day.
If you're considering investing in Abacus Stock, it is important to understand the factors that can impact its price. Abacus Life secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Abacus Life exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Abacus Life's risk adjusted performance of (0.08), and Mean Deviation of 2.2 to double-check the risk estimate we provide.
At this time, Abacus Life's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 348.4 M this year, although the value of Capital Stock will most likely fall to 5,043. . At this time, Abacus Life's Price To Sales Ratio is quite stable compared to the past year. Price Sales Ratio is expected to rise to 16.75 this year, although the value of Price Earnings Ratio will most likely fall to 58.39. Abacus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of September 2020 | 200 Day MA 10.4708 | 50 Day MA 9.3048 | Beta 0.148 |
Abacus |
Sharpe Ratio = -0.1244
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ABL |
Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Abacus Life is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Abacus Life by adding Abacus Life to a well-diversified portfolio.
Price Book 2.1851 | Enterprise Value Ebitda 47.6497 | Price Sales 5.5057 | Shares Float 12.7 M | Wall Street Target Price 14.125 |
Abacus Life Valuation on August 27, 2024
It is possible to determine the worth of Abacus Life on a given historical date. On August 27, 2024 Abacus was worth 10.14 at the beginning of the trading date compared to the closed value of 10.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abacus Life stock. Still, in general, we apply an absolute valuation method to find Abacus Life's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Abacus Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Abacus Life's related companies.
| Open | High | Low | Close | Volume | |
| 10.29 | 10.30 | 9.94 | 10.30 | 29,939 | |
08/27/2024 | 10.14 | 10.50 | 10.02 | 10.33 | 77,508 |
| 10.36 | 10.46 | 9.91 | 10.20 | 43,227 |
| Backtest Abacus Life | | | Abacus Life History | | | Abacus Life Valuation | Previous | Next |
Abacus Life Trading Date Momentum on August 27, 2024
| On August 28 2024 Abacus Life was traded for 10.20 at the closing time. Highest Abacus Life's price during the trading hours was 10.46 and the lowest price during the day was 9.91 . The net volume was 43.2 K. The overall trading history on the 28th of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.26% . The overall trading delta to current price is 1.84% . |
Abacus Life Fundamentals Correlations and Trends
By evaluating Abacus Life's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Abacus Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Abacus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Abacus Life Stock history
Abacus Life investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Abacus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Abacus Life will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Abacus Life stock prices may prove useful in developing a viable investing in Abacus Life
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 57.8 M | 57.4 M | |
| Net Income Applicable To Common Shares | 13.1 K | 11.6 K |
Abacus Life Quarterly Net Working Capital |
|
Abacus Life Stock Technical Analysis
Abacus Life 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.
Price Boundaries
Abacus Life Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Abacus Life cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Abacus Life November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Abacus Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abacus Life shares will generate the highest return on investment. By undertsting and applying Abacus Life stock market strength indicators, traders can identify Abacus Life entry and exit signals to maximize returns
Abacus Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Abacus Life's price direction in advance. Along with the technical and fundamental analysis of Abacus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abacus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (43.06) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.