Arcbest Corp Stock Price on February 6, 2024

ARCB Stock  USD 109.00  2.24  2.10%   
Below is the normalized historical share price chart for ArcBest Corp extending back to May 13, 1992. 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 ArcBest Corp stands at 109.00, as last reported on the 22nd of November, with the highest price reaching 110.26 and the lowest price hitting 106.76 during the day.
IPO Date
13th of May 1992
200 Day MA
117.6136
50 Day MA
106.8378
Beta
1.474
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ArcBest Stock, it is important to understand the factors that can impact its price. At this point, ArcBest Corp is very steady. ArcBest Corp secures Sharpe Ratio (or Efficiency) of 0.0174, which signifies that the company had a 0.0174% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for ArcBest Corp, which you can use to evaluate the volatility of the firm. Please confirm ArcBest Corp's risk adjusted performance of 0.0197, and Mean Deviation of 2.14 to double-check if the risk estimate we provide is consistent with the expected return of 0.0548%.
  
At present, ArcBest Corp's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 26.4 M, whereas Other Stockholder Equity is projected to grow to (33.1 M). . At present, ArcBest Corp's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 21.33, whereas Price Book Value Ratio is forecasted to decline to 1.78. ArcBest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0174

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Estimated Market Risk

 3.15
  actual daily
28
72% of assets are more volatile

Expected Return

 0.05
  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 ArcBest Corp 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 ArcBest Corp by adding it to a well-diversified portfolio.
Price Book
1.9112
Enterprise Value Ebitda
6.6968
Price Sales
0.5907
Shares Float
23 M
Dividend Share
0.48

ArcBest Corp Valuation on February 6, 2024

It is possible to determine the worth of ArcBest Corp on a given historical date. On February 6, 2024 ArcBest was worth 129.47 at the beginning of the trading date compared to the closed value of 138.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ArcBest Corp stock. Still, in general, we apply an absolute valuation method to find ArcBest Corp'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 ArcBest Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ArcBest Corp's related companies.
 Open High Low Close Volume
  128.72    131.86    125.86    127.55    456,742  
02/06/2024
  129.47    143.41    128.51    138.01    715,887  
  143.26    145.64    139.06    139.74    433,499  
Backtest ArcBest Corp  |  ArcBest Corp History  |  ArcBest Corp Valuation   PreviousNext  
Open Value
129.47
120.03
Downside
138.01
Closing Value
138.91
Upside

ArcBest Corp Trading Date Momentum on February 6, 2024

On February 07 2024 ArcBest Corp was traded for  139.74  at the closing time. The top price for the day was 145.64  and the lowest listed price was  139.06 . The trading volume for the day was 433.5 K. The trading history from February 7, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.25% . The overall trading delta against the current closing price is 3.22% .

ArcBest Corp Fundamentals Correlations and Trends

By evaluating ArcBest Corp'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 ArcBest Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ArcBest financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ArcBest Corp Stock history

ArcBest Corp 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 ArcBest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ArcBest Corp 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 ArcBest Corp stock prices may prove useful in developing a viable investing in ArcBest Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding24.6 M26.4 M
Net Income Applicable To Common Shares342.9 M360.1 M

ArcBest Corp Quarterly Net Working Capital

26.34 Million

ArcBest Corp Stock Technical Analysis

ArcBest Corp 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 ArcBest Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ArcBest Corp 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

ArcBest Corp Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ArcBest Corp 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.

ArcBest Corp November 22, 2024 Market Strength

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

ArcBest Corp Technical and Predictive Indicators

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

Complementary Tools for ArcBest Stock analysis

When running ArcBest Corp's price analysis, check to measure ArcBest Corp's 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 ArcBest Corp is operating at the current time. Most of ArcBest Corp's value examination focuses on studying past and present price action to predict the probability of ArcBest Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcBest Corp's price. Additionally, you may evaluate how the addition of ArcBest Corp to your portfolios can decrease your overall portfolio volatility.
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