Abm Industries Incorporated Stock Price on November 4, 2024
ABM Stock | USD 56.38 0.80 1.44% |
Below is the normalized historical share price chart for ABM Industries Incorporated extending back to November 05, 1984. 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 ABM Industries stands at 56.38, as last reported on the 22nd of November, with the highest price reaching 56.61 and the lowest price hitting 55.20 during the day.
If you're considering investing in ABM Stock, it is important to understand the factors that can impact its price. As of now, ABM Stock is very steady. ABM Industries secures Sharpe Ratio (or Efficiency) of 0.0217, which signifies that the company had a 0.0217% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for ABM Industries Incorporated, which you can use to evaluate the volatility of the entity. Please confirm ABM Industries' Mean Deviation of 1.25, downside deviation of 2.05, and Coefficient Of Variation of 2580.95 to double-check if the risk estimate we provide is consistent with the expected return of 0.0404%.
At this time, ABM Industries' Total Stockholder Equity is very stable compared to the past year. As of the 22nd of November 2024, Liabilities And Stockholders Equity is likely to grow to about 6 B, while Common Stock Total Equity is likely to drop about 530.2 K. . At this time, ABM Industries' Price Book Value Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price Earnings To Growth Ratio is likely to grow to 1.16, while Price Earnings Ratio is likely to drop 8.83. ABM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of July 1984 | 200 Day MA 49.1516 | 50 Day MA 53.3878 | Beta 1.132 |
ABM |
Sharpe Ratio = 0.0217
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Estimated Market Risk
1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average ABM Industries is performing at about 1% of its full potential. 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 ABM Industries by adding it to a well-diversified portfolio.
Price Book 1.9019 | Enterprise Value Ebitda 11.7521 | Price Sales 0.4278 | Shares Float 62 M | Dividend Share 0.895 |
ABM Industries Main Headline on 4th of November 2024
A team from Shanghais prestigious Fudan University forecasts a return to the White House for the Republican nominee.
ABM Industries Valuation on November 4, 2024
It is possible to determine the worth of ABM Industries on a given historical date. On November 4, 2024 ABM was worth 52.93 at the beginning of the trading date compared to the closed value of 54.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABM Industries stock. Still, in general, we apply an absolute valuation method to find ABM Industries' 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 ABM Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABM Industries' related companies.
Open | High | Low | Close | Volume | |
53.15 | 53.54 | 52.85 | 53.09 | 253,047 | |
11/04/2024 | 52.93 | 54.25 | 52.93 | 54.18 | 213,655 |
53.92 | 54.62 | 53.60 | 54.50 | 372,983 |
Backtest ABM Industries | | | ABM Industries History | | | ABM Industries Valuation | Previous | Next |
ABM Industries Trading Date Momentum on November 4, 2024
On November 05 2024 ABM Industries Incorporated was traded for 54.50 at the closing time. Highest ABM Industries's price during the trading hours was 54.62 and the lowest price during the day was 53.60 . The net volume was 373 K. The overall trading history on the 5th of November contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.59% . The overall trading delta to current price is 4.87% . |
ABM Industries Fundamentals Correlations and Trends
By evaluating ABM Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ABM Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ABM Industries Stock history
ABM Industries 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 ABM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABM Industries 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 ABM Industries stock prices may prove useful in developing a viable investing in ABM Industries
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 76.2 M | 53.2 M | |
Net Income Applicable To Common Shares | 289 M | 303.4 M |
ABM Industries Quarterly Net Working Capital |
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ABM Industries Stock Technical Analysis
ABM Industries 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
ABM Industries Period Price Range
Low | November 22, 2024
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0.00 | 0.00 |
ABM Industries Incorporated cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
ABM Industries November 22, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABM Industries' price direction in advance. Along with the technical and fundamental analysis of ABM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABM 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 | 0.0354 | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0484 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. 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. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.