Abbott Laboratories Stock Price Prediction

ABT Stock  USD 118.77  0.18  0.15%   
At this time, the relative strength index (RSI) of Abbott Laboratories' share price is approaching 47. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Abbott Laboratories, making its price go up or down.

Oversold Vs Overbought

47

 
Oversold
 
Overbought
The successful prediction of Abbott Laboratories' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Abbott Laboratories, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Abbott Laboratories' stock price prediction:
Quarterly Earnings Growth
0.146
EPS Estimate Next Quarter
1.34
EPS Estimate Current Year
4.6751
EPS Estimate Next Year
5.1593
Wall Street Target Price
129.8713
Using Abbott Laboratories hype-based prediction, you can estimate the value of Abbott Laboratories from the perspective of Abbott Laboratories response to recently generated media hype and the effects of current headlines on its competitors.

Abbott Laboratories Hype to Price Pattern

Investor biases related to Abbott Laboratories' public news can be used to forecast risks associated with an investment in Abbott. The trend in average sentiment can be used to explain how an investor holding Abbott can time the market purely based on public headlines and social activities around Abbott Laboratories. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Abbott Laboratories' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Abbott Laboratories.
The fear of missing out, i.e., FOMO, can cause potential investors in Abbott Laboratories to buy its stock at a price that has no basis in reality. In that case, they are not buying Abbott because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Abbott Laboratories after-hype prediction price

    
  USD 118.81  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Abbott Laboratories Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.
Intrinsic
Valuation
LowRealHigh
112.81113.91130.65
Details
Naive
Forecast
LowNextHigh
120.61121.72122.82
Details
27 Analysts
Consensus
LowTargetHigh
100.69110.65122.82
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.171.171.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Abbott Laboratories. Your research has to be compared to or analyzed against Abbott Laboratories' peers to derive any actionable benefits. When done correctly, Abbott Laboratories' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Abbott Laboratories.

Abbott Laboratories After-Hype Price Prediction Density Analysis

As far as predicting the price of Abbott Laboratories at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Abbott Laboratories or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Abbott Laboratories, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Abbott Laboratories Estimiated After-Hype Price Volatility

In the context of predicting Abbott Laboratories' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Abbott Laboratories' historical news coverage. Abbott Laboratories' after-hype downside and upside margins for the prediction period are 117.71 and 119.91, respectively. We have considered Abbott Laboratories' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
118.77
117.71
Downside
118.81
After-hype Price
119.91
Upside
Abbott Laboratories is very steady at this time. Analysis and calculation of next after-hype price of Abbott Laboratories is based on 3 months time horizon.

Abbott Laboratories Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Abbott Laboratories is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Abbott Laboratories backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Abbott Laboratories, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.07 
1.10
  0.04 
  0.02 
6 Events / Month
5 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
118.77
118.81
0.03 
203.70  
Notes

Abbott Laboratories Hype Timeline

On the 30th of November Abbott Laboratories is traded for 118.77. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of -0.02. Abbott is forecasted to increase in value after the next headline, with the price projected to jump to 118.81 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is projected to be 0.03%, whereas the daily expected return is presently at 0.07%. The volatility of related hype on Abbott Laboratories is about 330.83%, with the expected price after the next announcement by competition of 118.75. The company reported the last year's revenue of 40.11 B. Total Income to common stockholders was 5.72 B with profit before taxes, overhead, and interest of 24.58 B. Considering the 90-day investment horizon the next forecasted press release will be in about 6 days.
Check out Abbott Laboratories Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.

Abbott Laboratories Related Hype Analysis

Having access to credible news sources related to Abbott Laboratories' direct competition is more important than ever and may enhance your ability to predict Abbott Laboratories' future price movements. Getting to know how Abbott Laboratories' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Abbott Laboratories may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PROFProfound Medical Corp(0.25)5 per month 0.00 (0.08) 4.26 (3.53) 18.74 
SIBNSi Bone(0.44)8 per month 0.00 (0.08) 5.99 (4.54) 26.24 
NVRONevro Corp(1.78)8 per month 0.00 (0.07) 8.28 (7.61) 25.58 
FNAParagon 28 0.18 8 per month 4.10  0.06  7.32 (6.30) 43.16 
KIDSOrthopediatrics Corp(0.76)10 per month 0.00 (0.12) 4.85 (5.08) 16.62 
OFIXOrthofix Medical 0.15 8 per month 2.06  0.03  3.90 (3.85) 12.11 
NPCENeuropace 0.13 11 per month 3.01  0.09  9.73 (6.19) 35.38 
BVSBioventus 0.11 10 per month 3.63  0.08  5.34 (4.82) 26.44 

Abbott Laboratories Additional Predictive Modules

Most predictive techniques to examine Abbott price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Abbott using various technical indicators. When you analyze Abbott charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Abbott Laboratories Predictive Indicators

The successful prediction of Abbott Laboratories stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Abbott Laboratories, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Abbott Laboratories based on analysis of Abbott Laboratories hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Abbott Laboratories's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Abbott Laboratories's related companies.
 2021 2022 2024 (projected)
Dividend Yield0.01280.01720.0177
Price To Sales Ratio5.84.415.0

Story Coverage note for Abbott Laboratories

The number of cover stories for Abbott Laboratories depends on current market conditions and Abbott Laboratories' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Abbott Laboratories is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Abbott Laboratories' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Abbott Laboratories Short Properties

Abbott Laboratories' future price predictability will typically decrease when Abbott Laboratories' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Abbott Laboratories often depends not only on the future outlook of the potential Abbott Laboratories' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Abbott Laboratories' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.7 B
Cash And Short Term Investments7.3 B

Additional Tools for Abbott Stock Analysis

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