ABB (Germany) Price on November 19, 2024

ABJA Stock  EUR 52.00  0.50  0.95%   
If you're considering investing in ABB Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABB stands at 52.00, as last reported on the 29th of November, with the highest price reaching 52.00 and the lowest price hitting 52.00 during the day. At this point, ABB is very steady. ABB retains Efficiency (Sharpe Ratio) of 0.0245, which signifies that the company had a 0.0245% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for ABB, which you can use to evaluate the volatility of the entity. Please confirm ABB's market risk adjusted performance of 0.1645, and Coefficient Of Variation of 3235.11 to double-check if the risk estimate we provide is consistent with the expected return of 0.0546%.
  
ABB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0245

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskABJAHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.23
  actual daily
19
81% 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 ABB 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 ABB by adding it to a well-diversified portfolio.

ABB Valuation on November 19, 2024

It is possible to determine the worth of ABB on a given historical date. On November 19, 2024 ABB was worth 52.0 at the beginning of the trading date compared to the closed value of 52.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABB stock. Still, in general, we apply an absolute valuation method to find ABB'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 ABB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABB's related companies.
 Open High Low Close Volume
  52.50    52.50    52.50    52.50    1.00  
11/19/2024
  52.00    52.00    52.00    52.00    10.00  
  52.00    52.00    52.00    52.00    10.00  
Backtest ABB  |  ABB History  |  ABB Valuation   PreviousNext  
Open Value
52.0
52.0
Closing Value
58.69
Upside

ABB Trading Date Momentum on November 19, 2024

On November 20 2024 ABB was traded for  52.00  at the closing time. The maximum traded price for the trading interval was 52.00  and the lowest daily price was  52.00 . The daily volume was recorded at 10.0. The volume of trading on 20th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% .

ABB Fundamentals Correlations and Trends

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

About ABB Stock history

ABB 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 ABB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABB 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 ABB stock prices may prove useful in developing a viable investing in ABB
ABB Ltd manufactures and sells electrification, industrial automation, and robotics and motion products for customers in utilities, industry and transport, and infrastructure worldwide. ABB Ltd was founded in 1883 and is headquartered in Zurich, Switzerland. ABB LTD operates under Diversified Industrials classification in Germany and is traded on Frankfurt Stock Exchange. It employs 147000 people.

ABB Stock Technical Analysis

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

ABB Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ABB cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

ABB November 29, 2024 Market Strength

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

ABB Technical and Predictive Indicators

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

When running ABB's price analysis, check to measure ABB'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 ABB is operating at the current time. Most of ABB's value examination focuses on studying past and present price action to predict the probability of ABB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABB's price. Additionally, you may evaluate how the addition of ABB to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios