Adobe Systems Incorporated Stock Price on September 12, 2024

ADBE Stock  USD 513.68  0.00  0.00%   
Below is the normalized historical share price chart for Adobe Systems Incorporated extending back to August 13, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Adobe Systems stands at 513.68, as last reported on the 28th of November, with the highest price reaching 525.76 and the lowest price hitting 513.68 during the day.
IPO Date
20th of August 1986
200 Day MA
518.1126
50 Day MA
503.0756
Beta
1.299
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Adobe Stock, it is important to understand the factors that can impact its price. Adobe Systems secures Sharpe Ratio (or Efficiency) of -0.0802, which signifies that the company had a -0.0802% return per unit of risk over the last 3 months. Adobe Systems Incorporated exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adobe Systems' Standard Deviation of 1.94, mean deviation of 1.35, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
At present, Adobe Systems' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 36 B, whereas Common Stock Total Equity is forecasted to decline to about 52.2 K. . At present, Adobe Systems' Price Sales Ratio is projected to slightly grow based on the last few years of reporting. Adobe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0802

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Negative ReturnsADBE

Estimated Market Risk

 1.97
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Adobe Systems 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 Systems by adding Adobe Systems to a well-diversified portfolio.
Price Book
15.898
Enterprise Value Ebitda
29.6287
Price Sales
11.0391
Shares Float
439.1 M
Wall Street Target Price
613.1079

Adobe Systems Valuation on September 12, 2024

It is possible to determine the worth of Adobe Systems on a given historical date. On September 12, 2024 Adobe was worth 581.45 at the beginning of the trading date compared to the closed value of 586.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adobe Systems stock. Still, in general, we apply an absolute valuation method to find Adobe Systems' 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 Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adobe Systems' related companies.
 Open High Low Close Volume
  573.01    581.24    559.35    580.38    2,680,017  
09/12/2024
  581.45    587.75    572.98    586.55    5,502,982  
  532.57    540.27    526.60    536.87    10,417,370  
Backtest Adobe Systems  |  Adobe Systems History  |  Adobe Systems Valuation   PreviousNext  
Open Value
581.45
575.55
Downside
586.55
Closing Value
587.35
Upside

Adobe Systems Trading Date Momentum on September 12, 2024

On September 13 2024 Adobe Systems Incorporated was traded for  536.87  at the closing time. The top price for the day was 540.27  and the lowest listed price was  526.60 . The trading volume for the day was 10.4 M. The trading history from September 13, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 8.47% . The overall trading delta against the current closing price is 10.37% .

Adobe Systems Fundamentals Correlations and Trends

By evaluating Adobe Systems' 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 Systems' 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 Systems Stock history

Adobe Systems 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 Systems 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 Systems stock prices may prove useful in developing a viable investing in Adobe Systems
Last ReportedProjected for Next Year
Common Stock Shares Outstanding527.9 M533.1 M
Net Income Applicable To Common Shares5.5 B5.7 B

Adobe Systems Quarterly Net Working Capital

1.07 Billion

Adobe Systems Stock Technical Analysis

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

Adobe Systems Period Price Range

Low
November 28, 2024
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High

 0.00 

     

 0.00 

Adobe Systems Incorporated cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Systems November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Adobe Systems 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 Systems shares will generate the highest return on investment. By undertsting and applying Adobe Systems stock market strength indicators, traders can identify Adobe Systems Incorporated entry and exit signals to maximize returns

Adobe Systems Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Adobe Systems' 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.

Complementary Tools for Adobe Stock analysis

When running Adobe Systems' price analysis, check to measure Adobe Systems' 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 Adobe Systems is operating at the current time. Most of Adobe Systems' value examination focuses on studying past and present price action to predict the probability of Adobe Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adobe Systems' price. Additionally, you may evaluate how the addition of Adobe Systems to your portfolios can decrease your overall portfolio volatility.
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