Adobe Stock Price on August 10, 2022 Breakdown

ADBE
 Stock
  

USD 298.41  1.03  0.35%   

As of today, the current price of Adobe Systems is  298.41 , as last reported on the 6th of October, with the highest price reaching  305.49  and the lowest price hitting  297.10  during the day.
Adobe Systems secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had -0.12% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Adobe Systems exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Adobe Systems risk adjusted performance of (0.12), and Mean Deviation of 1.93 to double-check the risk estimate we provide.
  

Adobe Systems Valuation on August 10, 2022

It is possible to determine the worth of Adobe Systems on a given historical date. On August 10, 2022 Adobe was worth 441.42 at the beginning of the trading date compared to the closed value of 438.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adobe Systems stock. Still, in general, we apply an absolute valuation method to find Adobe Systems' 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 Adobe Systems' related companies.
 Open High Low Close Volume
  434.34    434.59    424.62    426.57    1,977,300  
08/10/2022
  441.42    443.22    436.20    438.40    2,634,400  
  445.26    445.61    434.40    434.89    1,756,600  
Backtest Adobe Systems  |  Adobe Systems History  |  Adobe Systems Valuation   PreviousNext  
Open Value 441.42
432.34
Downside
438.4
Closing Value
450.50
Upside

Adobe Systems Trading Date Momentum on August 10, 2022

On August 11 2022 Adobe Systems was traded for  434.89  at the closing time. The top price for the day was 445.61  and the lowest listed price was  434.40 . The trading volume for the day was 1.8 M. The trading history from August 11, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.80% . The overall trading delta against the current closing price is 4.33% .

Adobe Systems Fundamentals Correlations and Trends

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

About Adobe Systems Stock history

Adobe Systems 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 Adobe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adobe Systems 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 Adobe Systems historical stock prices may prove useful in developing a viable investing in Adobe Systems
Adobe Inc. operates as a diversified software company worldwide. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California. Adobe Systems operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 25988 people.

Adobe Systems Stock Technical Analysis

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

Adobe Systems Period Price Range

Low
August 10, 2022
High

 441.42 

  

 438.40 

-3.02-0.68%

Adobe Systems October 6, 2022 Market Strength

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

Adobe Systems Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Adobe stock's direction in advance. Along with the technical and fundamental analysis of Adobe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adobe 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 Adobe Systems information on this page should be used as a complementary analysis to other Adobe Systems' 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Adobe Stock analysis

When running Adobe Systems price analysis, check to measure Adobe Systems' 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 Adobe Systems is operating at the current time. Most of Adobe Systems' value examination focuses on studying past and present price action to predict the probability of Adobe Systems' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Adobe Systems' price. Additionally, you may evaluate how the addition of Adobe Systems to your portfolios can decrease your overall portfolio volatility.
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Is Adobe Systems' 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 Adobe Systems. If investors know Adobe 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 Adobe Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Adobe Systems is measured differently than its book value, which is the value of Adobe that is recorded on the company's balance sheet. Investors also form their own opinion of Adobe Systems' value that differs from its market value or its book value, called intrinsic value, which is Adobe Systems' 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 Adobe Systems' market value can be influenced by many factors that don't directly affect Adobe Systems' 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 Adobe Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine Adobe Systems value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adobe Systems' 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.