AmerisourceBergen Stock Price on August 29, 2022 Breakdown

ABC
 Stock
  

USD 165.33  5.13  3.01%   

As of today, the current price of AmerisourceBergen is  165.33 , as last reported on the 9th of December, with the highest price reaching  166.93  and the lowest price hitting  164.52  during the day.
AmerisourceBergen appears to be very steady, given 3 months investment horizon. AmerisourceBergen 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 AmerisourceBergen, which you can use to evaluate the future volatility of the firm. Please makes use of AmerisourceBergen's risk adjusted performance of 0.2239, and Mean Deviation of 1.25 to double-check if our risk estimates are consistent with your expectations.
  
The current year Net Income Common Stock is expected to grow to about 1.5 B. The current year Price to Book Value is expected to grow to 137.88. The current year Price to Earnings Ratio is expected to grow to 15.51. AmerisourceBergen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
152 M
Net Income Applicable To Common Shares
1.7 B
Shares Outstanding
202.4 M
Shares Short Prior Month
5.5 M
Dividend Share
1.84
Earnings Share
8.04

AmerisourceBergen Main Headline on 29th of August 2022

AmerisourceBergen dividend paid on 29th of August 2022

AmerisourceBergen Valuation on August 29, 2022

It is possible to determine the worth of AmerisourceBergen on a given historical date. On August 29, 2022 AmerisourceBergen was worth 145.01 at the beginning of the trading date compared to the closed value of 147.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AmerisourceBergen stock. Still, in general, we apply an absolute valuation method to find AmerisourceBergen'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 AmerisourceBergen's related companies.
 Open High Low Close Volume
  150.46    150.97    145.73    145.73    766,717  
08/29/2022
  145.01    148.79    144.40    147.03    892,630  
  146.88    147.76    144.97    144.97    859,659  
Backtest AmerisourceBergen  |  AmerisourceBergen History  |  AmerisourceBergen Valuation   PreviousNext  
Open Value 145.01
140.30
Downside
147.03
Closing Value
149.72
Upside

AmerisourceBergen Trading Date Momentum on August 29, 2022

On August 30 2022 AmerisourceBergen was traded for  144.97  at the closing time. Highest AmerisourceBergen's price during the trading hours was 147.76  and the lowest price during the day was  144.97 . The net volume was 859.7 K. The overall trading history on the 30th of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.40% . The overall trading delta to current price is 0.34% .

AmerisourceBergen Fundamentals Correlations and Trends

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

About AmerisourceBergen Stock history

AmerisourceBergen 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 AmerisourceBergen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AmerisourceBergen 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 AmerisourceBergen historical stock prices may prove useful in developing a viable investing in AmerisourceBergen
Last ReportedProjected for 2022
Weighted Average Shares208.5 M241.6 M
Weighted Average Shares Diluted211.2 M245.4 M
Issuance Purchase of Equity Shares134.1 M144.7 M

AmerisourceBergen Stock Technical Analysis

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

AmerisourceBergen Period Price Range

Low
August 29, 2022
High

 145.01 

  

 147.03 

2.021.39%

AmerisourceBergen December 9, 2022 Market Strength

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

AmerisourceBergen Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for AmerisourceBergen stock's direction in advance. Along with the technical and fundamental analysis of AmerisourceBergen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AmerisourceBergen 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 AmerisourceBergen information on this page should be used as a complementary analysis to other AmerisourceBergen'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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running AmerisourceBergen price analysis, check to measure AmerisourceBergen'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 AmerisourceBergen is operating at the current time. Most of AmerisourceBergen's value examination focuses on studying past and present price action to predict the probability of AmerisourceBergen's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AmerisourceBergen's price. Additionally, you may evaluate how the addition of AmerisourceBergen to your portfolios can decrease your overall portfolio volatility.
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Is AmerisourceBergen'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 AmerisourceBergen. If investors know AmerisourceBergen 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 AmerisourceBergen 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
(0.32) 
Market Capitalization
34.5 B
Quarterly Revenue Growth YOY
0.038
Return On Assets
0.0306
Return On Equity
0.5083
The market value of AmerisourceBergen is measured differently than its book value, which is the value of AmerisourceBergen that is recorded on the company's balance sheet. Investors also form their own opinion of AmerisourceBergen's value that differs from its market value or its book value, called intrinsic value, which is AmerisourceBergen'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 AmerisourceBergen's market value can be influenced by many factors that don't directly affect AmerisourceBergen'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 AmerisourceBergen's value and its price as these two are different measures arrived at by different means. Investors typically determine AmerisourceBergen value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AmerisourceBergen'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.