Abm Industries Incorporated Stock Statistic Functions Beta

ABM Stock  USD 56.71  0.33  0.59%   
ABM Industries statistic functions tool provides the execution environment for running the Beta function and other technical functions against ABM Industries. ABM Industries value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. ABM Industries statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on ABM Industries correlated with the market. If Beta is less than 0 ABM Industries generally moves in the opposite direction as compared to the market. If ABM Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ABM Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ABM Industries is generally in the same direction as the market. If Beta > 1 ABM Industries moves generally in the same direction as, but more than the movement of the benchmark.

ABM Industries Technical Analysis Modules

Most technical analysis of ABM Industries help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ABM from various momentum indicators to cycle indicators. When you analyze ABM charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About ABM Industries Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ABM Industries Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of ABM Industries Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing ABM Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ABM Industries's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of ABM Industries's intrinsic value. In addition to deriving basic predictive indicators for ABM Industries, we also check how macroeconomic factors affect ABM Industries price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2020 2021 2023 (projected)
Dividend Yield0.01660.01740.0255
Price To Sales Ratio0.490.380.29
Hype
Prediction
LowEstimatedHigh
54.5556.4158.27
Details
Intrinsic
Valuation
LowRealHigh
49.0750.9362.02
Details
Naive
Forecast
LowNextHigh
52.9654.8256.68
Details
8 Analysts
Consensus
LowTargetHigh
42.5946.8051.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ABM Industries. Your research has to be compared to or analyzed against ABM Industries' peers to derive any actionable benefits. When done correctly, ABM Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ABM Industries.

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When determining whether ABM Industries is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.