California State Teachers Retirement System Purchases 42,587 Shares of AbbVie Inc. - MarketBeat
| ABBV34 Stock | BRL 66.96 0.49 0.74% |
About 52% of AbbVie's investor base is interested to short. The analysis of current outlook of investing in AbbVie Inc suggests that many traders are impartial regarding AbbVie's prospects. The current market sentiment, together with AbbVie's historical and current headlines, can help investors time the market. In addition, many technical investors use AbbVie Inc stock news signals to limit their universe of possible portfolio assets.
AbbVie |
California State Teachers Retirement System Purchases 42,587 Shares of AbbVie Inc. MarketBeat
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AbbVie Fundamental Analysis
We analyze AbbVie's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AbbVie using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AbbVie based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
AbbVie is rated second in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
AbbVie Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AbbVie stock to make a market-neutral strategy. Peer analysis of AbbVie could also be used in its relative valuation, which is a method of valuing AbbVie by comparing valuation metrics with similar companies.
Peers
AbbVie Related Equities
| BIIB34 | Biogen | 1.05 | ||||
| ABBV34 | AbbVie | 0.74 | ||||
| JNJB34 | Johnson Johnson | 0.79 | ||||
| GILD34 | Gilead Sciences | 1.04 | ||||
| MRCK34 | Merck | 1.11 |
Complementary Tools for AbbVie Stock analysis
When running AbbVie's price analysis, check to measure AbbVie'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 AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.
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