Adobe (Germany) Price on July 30, 2024
| ADB Stock | EUR 412.85 5.20 1.24% |
If you're considering investing in Adobe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Adobe stands at 412.85, as last reported on the 7th of January, with the highest price reaching 413.05 and the lowest price hitting 412.85 during the day. Adobe Inc secures Sharpe Ratio (or Efficiency) of -0.0336, which signifies that the company had a -0.0336% return per unit of risk over the last 3 months. Adobe Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adobe's Standard Deviation of 2.53, risk adjusted performance of (0.03), and Mean Deviation of 1.53 to double-check the risk estimate we provide.
Adobe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Adobe |
Sharpe Ratio = -0.0336
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Estimated Market Risk
| 2.63 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Adobe is not performing at its full potential. However, 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 Adobe by adding Adobe to a well-diversified portfolio.
Adobe Valuation on July 30, 2024
It is possible to determine the worth of Adobe on a given historical date. On July 30, 2024 Adobe was worth 495.55 at the beginning of the trading date compared to the closed value of 495.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adobe stock. Still, in general, we apply an absolute valuation method to find Adobe'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 Adobe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adobe's related companies.
| Open | High | Low | Close | Volume | |
| 500.60 | 500.60 | 500.60 | 500.60 | 40.00 | |
07/30/2024 | 495.55 | 495.55 | 495.55 | 495.55 | 40.00 |
| 501.60 | 501.60 | 501.60 | 501.60 | 40.00 |
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Adobe Trading Date Momentum on July 30, 2024
| On July 31 2024 Adobe Inc was traded for 501.60 at the closing time. The maximum traded price for the trading interval was 501.60 and the lowest daily price was 501.60 . The daily volume was recorded at 40.0. The volume of trading on 31st of July 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.22% . The overall trading delta to the closing price today is 2.32% . |
Adobe Inc Fundamentals Correlations and Trends
By evaluating Adobe'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 Adobe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adobe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Adobe Stock history
Adobe 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 Adobe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adobe Inc 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 Adobe stock prices may prove useful in developing a viable investing in Adobe
Adobe Stock Technical Analysis
Adobe 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.
Price Boundaries
Adobe Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Adobe Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Hamburg 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.
Adobe January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Adobe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adobe shares will generate the highest return on investment. By undertsting and applying Adobe stock market strength indicators, traders can identify Adobe Inc entry and exit signals to maximize returns
Adobe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adobe's price direction in advance. Along with the technical and fundamental analysis of Adobe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adobe 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.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.19) |
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| Volume Indicators |
Other Information on Investing in Adobe Stock
Adobe financial ratios help investors to determine whether Adobe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Adobe with respect to the benefits of owning Adobe security.