Abbvie Stock Price on August 15, 2022 Breakdown

ABBV
 Stock
  

USD 157.05  1.15  0.73%   

As of today, the current price of Abbvie is  157.05 , as last reported on the 30th of November, with the highest price reaching  159.42  and the lowest price hitting  156.46  during the day.
Abbvie appears to be very steady, given 3 months investment horizon. Abbvie Inc secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had 0.15% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Abbvie Inc, which you can use to evaluate the future volatility of the firm. Please makes use of Abbvie's risk adjusted performance of 0.2156, and Mean Deviation of 1.21 to double-check if our risk estimates are consistent with your expectations.
  
Net Income Common Stock is likely to drop to about 9.3 B in 2022. Price to Earnings Ratio is likely to climb to 22.53 in 2022, whereas Price to Book Value is likely to drop 15.33 in 2022. Abbvie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
1.8 B
Shares Outstanding
1.8 B
Shares Short Prior Month
14 M
Dividend Share
5.64
Earnings Share
7.5
Shares Short
12.9 M

Abbvie Main Headline on 15th of August 2022

Abbvie Inc dividend paid on 15th of August 2022

Abbvie Valuation on August 15, 2022

It is possible to determine the worth of Abbvie on a given historical date. On August 15, 2022 Abbvie was worth 143.11 at the beginning of the trading date compared to the closed value of 140.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abbvie stock. Still, in general, we apply an absolute valuation method to find Abbvie'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Abbvie's related companies.
 Open High Low Close Volume
  141.89    143.09    140.27    141.16    5,208,659  
08/15/2022
  143.11    143.28    140.42    140.86    4,513,165  
  142.11    143.98    142.08    141.11    3,852,310  
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Open Value 143.11
138.26
Downside
140.86
Closing Value
147.96
Upside

Abbvie Trading Date Momentum on August 15, 2022

On August 16 2022 Abbvie Inc was traded for  141.11  at the closing time. The top price for the day was 143.98  and the lowest listed price was  142.08 . The trading volume for the day was 3.9 M. The trading history from August 16, 2022 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 0.18% . The overall trading delta against the current closing price is 1.48% .

Abbvie Inc Fundamentals Correlations and Trends

By evaluating Abbvie'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 Abbvie's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Abbvie financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Abbvie Stock history

Abbvie 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 Abbvie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Abbvie Inc 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 Abbvie historical stock prices may prove useful in developing a viable investing in Abbvie
Last ReportedProjected for 2022
Weighted Average Shares1.8 B1.6 B
Weighted Average Shares Diluted1.8 B1.6 B
Issuance Purchase of Equity Shares-690 M-744.5 M

Abbvie Stock Technical Analysis

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

Abbvie Period Price Range

Low
August 15, 2022
High

 143.11 

  

 140.86 

-2.25-1.57%

Abbvie November 30, 2022 Market Strength

Market strength indicators help investors to evaluate how Abbvie stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abbvie shares will generate the highest return on investment. By undertsting and applying Abbvie stock market strength indicators, traders can identify Abbvie Inc entry and exit signals to maximize returns

Abbvie Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Abbvie stock's direction in advance. Along with the technical and fundamental analysis of Abbvie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abbvie 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 stock 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.
Please continue to Trending Equities. Note that the Abbvie Inc information on this page should be used as a complementary analysis to other Abbvie's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Abbvie Stock analysis

When running Abbvie Inc 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 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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Is Abbvie's industry 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 Abbvie. If investors know Abbvie 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 Abbvie 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 YOY
0.24
Market Capitalization
280.2 B
Quarterly Revenue Growth YOY
0.033
Return On Assets
0.0909
Return On Equity
0.91
The market value of Abbvie Inc is measured differently than its book value, which is the value of Abbvie that is recorded on the company's balance sheet. Investors also form their own opinion of Abbvie's value that differs from its market value or its book value, called intrinsic value, which is Abbvie'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 Abbvie's market value can be influenced by many factors that don't directly affect Abbvie'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 Abbvie's value and its price as these two are different measures arrived at by different means. Investors typically determine Abbvie value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abbvie'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.