Arcbest Corp Stock Price on December 20, 2024
ARCB Stock | USD 94.14 2.20 2.39% |
If you're considering investing in ArcBest Stock, it is important to understand the factors that can impact its price. As of today, the current price of ArcBest Corp stands at 94.14, as last reported on the 4th of January, with the highest price reaching 94.86 and the lowest price hitting 91.52 during the day. ArcBest Corp secures Sharpe Ratio (or Efficiency) of -0.0223, which signifies that the company had a -0.0223% return per unit of standard deviation over the last 3 months. ArcBest Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ArcBest Corp's mean deviation of 2.01, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
ArcBest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ArcBest |
Sharpe Ratio = -0.0223
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Estimated Market Risk
3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ArcBest Corp 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 ArcBest Corp by adding ArcBest Corp to a well-diversified portfolio.
ArcBest Corp Valuation on December 20, 2024
It is possible to determine the worth of ArcBest Corp on a given historical date. On December 20, 2024 ArcBest was worth 97.46 at the beginning of the trading date compared to the closed value of 94.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ArcBest Corp stock. Still, in general, we apply an absolute valuation method to find ArcBest Corp'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 ArcBest Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ArcBest Corp's related companies.
Open | High | Low | Close | Volume | |
102.49 | 103.97 | 97.53 | 97.58 | 271,507 | |
12/20/2024 | 97.46 | 97.77 | 92.59 | 94.13 | 604,421 |
94.00 | 94.71 | 92.32 | 93.54 | 223,457 |
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ArcBest Corp Trading Date Momentum on December 20, 2024
On December 23 2024 ArcBest Corp was traded for 93.54 at the closing time. The top price for the day was 94.71 and the lowest listed price was 92.32 . The trading volume for the day was 223.5 K. The trading history from December 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.63% . The overall trading delta against the current closing price is 1.37% . |
ArcBest Corp Fundamentals Correlations and Trends
By evaluating ArcBest Corp'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 ArcBest Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ArcBest financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ArcBest Corp Stock history
ArcBest Corp 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 ArcBest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ArcBest Corp 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 ArcBest Corp stock prices may prove useful in developing a viable investing in ArcBest Corp
ArcBest Corporation provides freight transportation and integrated logistics services. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas. Arcbest Corp operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 14000 people.
ArcBest Corp Stock Technical Analysis
ArcBest Corp 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
ArcBest Corp Period Price Range
Low | January 4, 2025
| High |
0.00 | 0.00 |
ArcBest Corp 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.
ArcBest Corp January 4, 2025 Market Strength
Market strength indicators help investors to evaluate how ArcBest Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ArcBest Corp shares will generate the highest return on investment. By undertsting and applying ArcBest Corp stock market strength indicators, traders can identify ArcBest Corp entry and exit signals to maximize returns
ArcBest Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ArcBest Corp's price direction in advance. Along with the technical and fundamental analysis of ArcBest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ArcBest 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 | (0.01) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.22) |
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Complementary Tools for ArcBest Stock analysis
When running ArcBest Corp's price analysis, check to measure ArcBest Corp'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 ArcBest Corp is operating at the current time. Most of ArcBest Corp's value examination focuses on studying past and present price action to predict the probability of ArcBest Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcBest Corp's price. Additionally, you may evaluate how the addition of ArcBest Corp to your portfolios can decrease your overall portfolio volatility.
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