Abacus Life Stock Technical Analysis
| ABL Stock | 8.08 0.26 3.32% |
As of the 28th of November, Abacus Life shows the mean deviation of 2.26, and Risk Adjusted Performance of (0.07). Abacus Life technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Abacus Life information ratio, and the relationship between the coefficient of variation and value at risk to decide if Abacus Life is priced correctly, providing market reflects its regular price of 8.08 per share. Given that Abacus Life has information ratio of (0.14), we suggest you to validate Abacus Life's prevailing market performance to make sure the company can sustain itself at a future point.
Abacus Life Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Abacus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AbacusAbacus |
Abacus Life Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 16.0 | Strong Buy | 4 | Odds |
Most Abacus analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Abacus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Abacus Life, talking to its executives and customers, or listening to Abacus conference calls.
Abacus Life 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.
Abacus Life Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Abacus Life volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Abacus Life Trend Analysis
Use this graph to draw trend lines for Abacus Life. You can use it to identify possible trend reversals for Abacus Life as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Abacus Life price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Abacus Life Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Abacus Life applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that the returns on investment in Abacus Life will continue to fail. It has 122 observation points and a regression sum of squares at 59.67, which is the sum of squared deviations for the predicted Abacus Life price change compared to its average price change.About Abacus Life Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Abacus Life on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Abacus Life based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Abacus Life price pattern first instead of the macroeconomic environment surrounding Abacus Life. By analyzing Abacus Life's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Abacus Life's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Abacus Life specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 7.21E-4 | 0.001288 | 0.00116 | 7.06E-4 | Price To Sales Ratio | 22.01 | 11.45 | 8.81 | 16.75 |
Abacus Life November 28, 2024 Technical Indicators
Most technical analysis of Abacus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Abacus from various momentum indicators to cycle indicators. When you analyze Abacus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | 5.37 | |||
| Mean Deviation | 2.26 | |||
| Coefficient Of Variation | (994.17) | |||
| Standard Deviation | 3.18 | |||
| Variance | 10.13 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | 5.36 | |||
| Maximum Drawdown | 19.77 | |||
| Value At Risk | (5.10) | |||
| Potential Upside | 5.1 | |||
| Skewness | (1.07) | |||
| Kurtosis | 3.76 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Abacus Stock please use our How to buy in Abacus Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Abacus Life. If investors know Abacus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Abacus Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share (0.22) | Revenue Per Share 1.547 | Quarterly Revenue Growth 0.333 | Return On Assets 0.0336 |
The market value of Abacus Life is measured differently than its book value, which is the value of Abacus that is recorded on the company's balance sheet. Investors also form their own opinion of Abacus Life's value that differs from its market value or its book value, called intrinsic value, which is Abacus Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abacus Life's market value can be influenced by many factors that don't directly affect Abacus Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abacus Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abacus Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abacus Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.