ABIOMED Price on December 2, 2022
If you're considering investing in ABIOMED Stock, it is important to understand the factors that can impact its price. We have found twenty technical indicators for ABIOMED, which you can use to evaluate the volatility of the entity. Please confirm ABIOMED's Standard Deviation of 0.1831, coefficient of variation of 455.97, and Mean Deviation of 0.1065 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
ABIOMED Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average ABIOMED 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 ABIOMED by adding ABIOMED to a well-diversified portfolio.
ABIOMED Valuation on December 2, 2022
It is possible to determine the worth of ABIOMED on a given historical date. On December 2, 2022 ABIOMED was worth 376.8 at the beginning of the trading date compared to the closed value of 377.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABIOMED stock. Still, in general, we apply an absolute valuation method to find ABIOMED'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 ABIOMED where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABIOMED's related companies.
Open | High | Low | Close | Volume | |
377.85 | 377.95 | 376.56 | 377.44 | 644,000 | |
12/02/2022 | 376.80 | 378.00 | 376.55 | 377.20 | 704,800 |
377.21 | 378.57 | 376.84 | 378.22 | 886,200 |
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ABIOMED Trading Date Momentum on December 2, 2022
On December 05 2022 ABIOMED was traded for 378.22 at the closing time. The top price for the day was 378.57 and the lowest listed price was 376.84 . The trading volume for the day was 886.2 K. The trading history from December 5, 2022 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.27% . The overall trading delta against the current closing price is 1.00% . |
ABIOMED Fundamentals Correlations and Trends
By evaluating ABIOMED'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 ABIOMED's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABIOMED financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ABIOMED Stock history
ABIOMED 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 ABIOMED is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABIOMED 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 ABIOMED stock prices may prove useful in developing a viable investing in ABIOMED
Abiomed, Inc. engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart. The company was founded in 1981 and is headquartered in Danvers, Massachusetts. Abiomed operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 2003 people.
ABIOMED Stock Technical Analysis
ABIOMED 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
ABIOMED Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
ABIOMED 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.
ABIOMED December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ABIOMED stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABIOMED shares will generate the highest return on investment. By undertsting and applying ABIOMED stock market strength indicators, traders can identify ABIOMED entry and exit signals to maximize returns
ABIOMED Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABIOMED's price direction in advance. Along with the technical and fundamental analysis of ABIOMED Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABIOMED 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 | 0.129 | |||
Jensen Alpha | 0.0309 | |||
Total Risk Alpha | 0.0011 | |||
Sortino Ratio | (0.74) | |||
Treynor Ratio | (4.86) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in ABIOMED Stock
If you are still planning to invest in ABIOMED check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ABIOMED's history and understand the potential risks before investing.
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