Arcbest Corp Stock Price on December 29, 2022

ARCB Stock  USD 115.28  1.78  1.57%   
Below is the normalized historical share price chart for ArcBest Corp extending back to May 13, 1992. 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 ArcBest Corp stands at 115.28, as last reported on the 1st of December, with the highest price reaching 115.70 and the lowest price hitting 113.54 during the day.
IPO Date
13th of May 1992
200 Day MA
116.7331
50 Day MA
107.4158
Beta
1.474
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ArcBest Stock, it is important to understand the factors that can impact its price. At this point, ArcBest Corp is very steady. ArcBest Corp secures Sharpe Ratio (or Efficiency) of 0.0607, which signifies that the company had a 0.0607% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for ArcBest Corp, which you can use to evaluate the volatility of the firm. Please confirm ArcBest Corp's mean deviation of 2.07, and Risk Adjusted Performance of 0.0531 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
  
At present, ArcBest Corp's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 26.4 M, whereas Other Stockholder Equity is projected to grow to (33.1 M). . At present, ArcBest Corp's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 21.33, whereas Price Book Value Ratio is forecasted to decline to 1.78. ArcBest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0607

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsARCB
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.12
  actual daily
27
73% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average ArcBest Corp is performing at about 4% 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 ArcBest Corp by adding it to a well-diversified portfolio.
Price Book
2.0637
Enterprise Value Ebitda
7.1889
Price Sales
0.6322
Shares Float
23 M
Dividend Share
0.48

ArcBest Corp Valuation on December 29, 2022

It is possible to determine the worth of ArcBest Corp on a given historical date. On December 29, 2022 ArcBest was worth 69.25 at the beginning of the trading date compared to the closed value of 70.48. 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
  70.17    70.58    68.35    68.74    142,780  
12/29/2022
  69.25    71.18    68.96    70.48    140,686  
  69.61    69.97    68.46    69.43    204,013  
Backtest ArcBest Corp  |  ArcBest Corp History  |  ArcBest Corp Valuation   PreviousNext  
Open Value
69.25
70.48
Closing Value
78.61
Upside

ArcBest Corp Trading Date Momentum on December 29, 2022

On December 30 2022 ArcBest Corp was traded for  69.43  at the closing time. The top price for the day was 69.97  and the lowest listed price was  68.46 . The trading volume for the day was 204 K. The trading history from December 30, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.49% . The overall trading delta against the current closing price is 7.59% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding24.6 M26.4 M
Net Income Applicable To Common Shares342.9 M360.1 M

ArcBest Corp Quarterly Net Working Capital

26.34 Million

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

ArcBest Corp Period Price Range

Low
December 1, 2024
0.00  NaN%
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 December 1, 2024 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.

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.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance