Breaking up Abbvie (NYSE:ABBV) risk factors?

ABBV
 Stock
  

USD 157.38  0.82  0.52%   

10% of stocks are less volatile than Abbvie, and 99% of all traded equity instruments are projected to make higher returns than the company over the 60 days investment horizon. As many adventurous traders are excited about healthcare space, it is only fair to focus on the risk of shorting Abbvie Inc based on its current volatility spike. We will evaluate if Abbvie's current volatility will continue into October.
Published over two months ago
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Abbvie conducts business under Healthcare sector and is part of Drug Manufacturers—General industry.
Volatility is a rate at which the price of Abbvie or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Abbvie may increase or decrease. In other words, similar to Abbvie's beta indicator, it measures the risk of Abbvie and helps estimate the fluctuations that may happen in a short period of time. So if prices of Abbvie fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Abbvie's Liquidity

Abbvie financial leverage refers to using borrowed capital as a funding source to finance Abbvie Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Abbvie financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Abbvie's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Abbvie, but it might be worth checking our own buy vs. sell analysis

Abbvie Volatility Drivers

Abbvie unsystematic risk is unique to Abbvie Inc and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Abbvie you can also buy Abbott Laboratories. You can also mitigate this risk by investing in the drug manufacturers—general sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Abbvie important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Abbvie income statement and balance sheet. Here are more details about Abbvie volatility.
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