Abbott Laboratories Stock Price on May 15, 2023

ABT Stock  USD 117.26  1.33  1.15%   
Below is the normalized historical share price chart for Abbott Laboratories 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 Abbott Laboratories stands at 117.26, as last reported on the 22nd of November, with the highest price reaching 117.64 and the lowest price hitting 115.14 during the day.
IPO Date
13th of January 1978
200 Day MA
110.7866
50 Day MA
115.5394
Beta
0.722
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Abbott Stock, it is important to understand the factors that can impact its price. Currently, Abbott Laboratories is very steady. Abbott Laboratories secures Sharpe Ratio (or Efficiency) of 0.0685, which signifies that the company had a 0.0685% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Abbott Laboratories, which you can use to evaluate the volatility of the firm. Please confirm Abbott Laboratories' risk adjusted performance of 0.0668, and Mean Deviation of 0.8001 to double-check if the risk estimate we provide is consistent with the expected return of 0.0753%.
  
At this time, Abbott Laboratories' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 29.8 B in 2024, whereas Other Stockholder Equity is likely to drop (16.8 B) in 2024. . At this time, Abbott Laboratories' Price To Sales Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 27.60 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (1.95). Abbott Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0685

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Estimated Market Risk

 1.1
  actual daily
9
91% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Abbott Laboratories is performing at about 5% 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 Abbott Laboratories by adding it to a well-diversified portfolio.
Price Book
5.0527
Enterprise Value Ebitda
19.6775
Price Sales
4.9344
Shares Float
1.7 B
Dividend Share
2.2

Abbott Laboratories Main Headline on 15th of May 2023

Abbott Laboratories dividend paid on 15th of May 2023

Abbott Laboratories Valuation on May 15, 2023

It is possible to determine the worth of Abbott Laboratories on a given historical date. On May 15, 2023 Abbott was worth 107.36 at the beginning of the trading date compared to the closed value of 106.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abbott Laboratories stock. Still, in general, we apply an absolute valuation method to find Abbott Laboratories' 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 Abbott Laboratories where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Abbott Laboratories' related companies.
 Open High Low Close Volume
  106.50    107.27    106.23    107.21    3,325,000  
05/15/2023
  107.36    107.69    106.29    106.58    3,020,000  
  106.29    107.18    106.02    106.15    3,393,800  
Backtest Abbott Laboratories  |  Abbott Laboratories History  |  Abbott Laboratories Valuation   PreviousNext  
Open Value
107.36
104.06
Downside
106.58
Closing Value
110.66
Upside

Abbott Laboratories Trading Date Momentum on May 15, 2023

On May 16 2023 Abbott Laboratories was traded for  106.15  at the closing time. Highest Abbott Laboratories's price during the trading hours was 107.18  and the lowest price during the day was  106.02 . The net volume was 3.4 M. The overall trading history on the 16th of May 2023 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.40% . The overall trading delta to current price is 5.98% .

Abbott Laboratories Fundamentals Correlations and Trends

By evaluating Abbott Laboratories' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Abbott Laboratories' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Abbott financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Abbott Laboratories Stock history

Abbott Laboratories 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 Abbott is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Abbott Laboratories 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 Abbott Laboratories stock prices may prove useful in developing a viable investing in Abbott Laboratories
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.7 B1.3 B
Net Income Applicable To Common SharesB8.4 B

Abbott Laboratories Quarterly Net Working Capital

8.9 Billion

Abbott Laboratories Stock Technical Analysis

Abbott Laboratories 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.
A focus of Abbott Laboratories technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Abbott Laboratories trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Abbott Laboratories Period Price Range

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November 22, 2024
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Abbott Laboratories November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Abbott Laboratories stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abbott Laboratories shares will generate the highest return on investment. By undertsting and applying Abbott Laboratories stock market strength indicators, traders can identify Abbott Laboratories entry and exit signals to maximize returns

Abbott Laboratories Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Abbott Laboratories' price direction in advance. Along with the technical and fundamental analysis of Abbott Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abbott 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.

Additional Tools for Abbott Stock Analysis

When running Abbott Laboratories' price analysis, check to measure Abbott Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abbott Laboratories is operating at the current time. Most of Abbott Laboratories' value examination focuses on studying past and present price action to predict the probability of Abbott Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abbott Laboratories' price. Additionally, you may evaluate how the addition of Abbott Laboratories to your portfolios can decrease your overall portfolio volatility.