Abbott Stock Price on May 2, 2022 Breakdown

ABT
 Stock
  

USD 111.90  0.42  0.38%   

As of today, the current price of Abbott Laboratories is  111.90 , as last reported on the 16th of August 2022, with the highest price reaching  112.31  and the lowest price hitting  111.02  during the day.
We consider Abbott Laboratories very steady. Abbott Laboratories secures Sharpe Ratio (or Efficiency) of 0.004, which signifies that the company had 0.004% 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-seven technical indicators for Abbott Laboratories, which you can use to evaluate the future volatility of the firm. Please confirm Abbott Laboratories mean deviation of 1.25, and Risk Adjusted Performance of 0.0837 to double-check if the risk estimate we provide is consistent with the expected return of 0.0059%.
  
Net Income Common Stock is likely to drop to about 5.8 B in 2022. Price to Earnings Ratio is likely to gain to 46.64 in 2022, whereas Price to Book Value is likely to drop 5.94 in 2022. Abbott Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
1.7 B
Shares Outstanding
1.8 B
Shares Short Prior Month
13 M
Dividend Share
1.86
Earnings Share
4.79
Shares Short
13.8 M
Revenue Per Share
25.81

Abbott Laboratories Main Headline on 2nd of May 2022

Filing
by SEC
Submission of Matters to a Vote of Security Holders

Abbott Laboratories Valuation on May 2, 2022

It is possible to determine the worth of Abbott Laboratories on a given historical date. On May 2, 2022 Abbott was worth 113.5 at the beginning of the trading date compared to the closed value of 112.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abbott Laboratories stock. Still, in general, we apply an absolute valuation method to find Abbott Laboratories' 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 Abbott Laboratories' related companies.
 Open High Low Close Volume
  117.06    117.77    113.13    113.00    6,815,900  
05/02/2022
  113.50    114.02    110.28    112.33    4,905,000  
  113.05    114.34    111.82    111.93    4,491,500  
Backtest Abbott Laboratories  |  Abbott Laboratories History  |  Abbott Laboratories Valuation   PreviousNext  
Open Value 113.5
109.03
Downside
112.33
Closing Value
117.97
Upside

Abbott Laboratories Trading Date Momentum on May 2, 2022

On May 03 2022 Abbott Laboratories was traded for  111.93  at the closing time. Highest Abbott Laboratories's price during the trading hours was 114.34  and the lowest price during the day was  111.82 . The net volume was 4.5 M. The overall trading history on the 3rd of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.36% . The overall trading delta to current price is 6.08% .

Abbott Laboratories Fundamentals Correlations and Trends

By evaluating Abbott Laboratories' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Abbott Laboratories' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Abbott financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Abbott Laboratories Stock history

Abbott Laboratories 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 Abbott is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Abbott Laboratories 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 Abbott Laboratories historical stock prices may prove useful in developing a viable investing in Abbott Laboratories
Last ReportedProjected for 2022
Weighted Average Shares1.8 B1.9 B
Weighted Average Shares Diluted1.8 B1.9 B
Issuance Purchase of Equity Shares-2 B-2.1 B
Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. Abbott Laboratories was founded in 1888 and is based in North Chicago, Illinois. Abbott Laboratories operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 113000 people.

Abbott Laboratories Quarterly Market Capitalization

190.24 Billion

Abbott Laboratories Stock Technical Analysis

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

Abbott Laboratories Period Price Range

Low
May 2, 2022
High

 113.50 

  

 112.33 

-1.17-1.03%

Abbott Laboratories August 16, 2022 Market Strength

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

Abbott Laboratories Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Abbott stock's direction in advance. Along with the technical and fundamental analysis of Abbott Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abbott 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 Abbott Laboratories information on this page should be used as a complementary analysis to other Abbott Laboratories' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary 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 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.
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Is Abbott Laboratories' 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 Abbott Laboratories. If investors know Abbott 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 Abbott Laboratories 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
0.73
Market Capitalization
195.2 B
Quarterly Revenue Growth YOY
0.1
Return On Assets
0.0896
Return On Equity
0.24
The market value of Abbott Laboratories is measured differently than its book value, which is the value of Abbott that is recorded on the company's balance sheet. Investors also form their own opinion of Abbott Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Abbott Laboratories' 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 Abbott Laboratories' market value can be influenced by many factors that don't directly affect Abbott Laboratories' 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 Abbott Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine Abbott Laboratories value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abbott Laboratories' 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.