ABT Stock | | | USD 118.95 0.99 0.84% |
Abbott Laboratories financial indicator trend analysis is way more than just evaluating Abbott Laboratories prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abbott Laboratories is a good investment. Please check the relationship between Abbott Laboratories Income Quality and its Dividend Yield accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. 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 Abbott Stock please use our
How to Invest in Abbott Laboratories guide.
Income Quality vs Dividend Yield
Income Quality vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Abbott Laboratories Income Quality account and
Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Abbott Laboratories' Income Quality and Dividend Yield is -0.11. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Abbott Laboratories, assuming nothing else is changed. The correlation between historical values of Abbott Laboratories' Income Quality and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Abbott Laboratories are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Income Quality i.e., Abbott Laboratories' Income Quality and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Dividend Yield
Dividend Yield is Abbott Laboratories dividend as a percentage of Abbott Laboratories stock price. Abbott Laboratories dividend yield is a measure of Abbott Laboratories stock productivity, which can be interpreted as interest rate earned on an Abbott Laboratories investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Abbott Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abbott Laboratories current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. 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 Abbott Stock please use our
How to Invest in Abbott Laboratories guide.At this time, Abbott Laboratories'
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 19.79 in 2024, whereas
Tax Provision is likely to drop slightly above 949.8
M in 2024.
Abbott Laboratories fundamental ratios Correlations
Click cells to compare fundamentals
Abbott Laboratories Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Abbott Laboratories fundamental ratios Accounts
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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.