ABM Industries Stock Forecast - Daily Balance Of Power
| ABM Stock | USD 51.11 0.00 0.00% |
ABM Stock Forecast is based on your current time horizon. Although ABM Industries' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of ABM Industries' systematic risk associated with finding meaningful patterns of ABM Industries fundamentals over time.
ABM |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.75) | 0.149 |
| Check ABM Industries Volatility | Backtest ABM Industries | Trend Details |
ABM Industries Trading Date Momentum
| On December 19 2024 ABM Industries Incorporated was traded for 51.14 at the closing time. Highest ABM Industries's price during the trading hours was 52.49 and the lowest price during the day was 50.71 . The net volume was 658 K. The overall trading history on the 19th of December contributed to the next trading period price boost. The overall trading delta to the next next day price was 1.63% . The overall trading delta to current price is 0.08% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for ABM Industries
For every potential investor in ABM, whether a beginner or expert, ABM Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ABM Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ABM. Basic forecasting techniques help filter out the noise by identifying ABM Industries' price trends.ABM Industries Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ABM Industries stock to make a market-neutral strategy. Peer analysis of ABM Industries could also be used in its relative valuation, which is a method of valuing ABM Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ABM Industries Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ABM Industries' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ABM Industries' current price.| Cycle Indicators | ||
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| Volume Indicators |
ABM Industries Market Strength Events
Market strength indicators help investors to evaluate how ABM Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABM Industries shares will generate the highest return on investment. By undertsting and applying ABM Industries stock market strength indicators, traders can identify ABM Industries Incorporated entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0196 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 50.61 | |||
| Day Typical Price | 50.78 | |||
| Market Facilitation Index | 1.0 | |||
| Price Action Indicator | 0.5 |
ABM Industries Risk Indicators
The analysis of ABM Industries' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ABM Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting abm stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.21 | |||
| Semi Deviation | 2.01 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.09 | |||
| Downside Variance | 4.2 | |||
| Semi Variance | 4.04 | |||
| Expected Short fall | (1.16) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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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) | Earnings Share 1.28 | Revenue Per Share 129.802 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0327 |
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.