Adobe Stock Market Value

ADBE -  USA Stock  

USD 387.72  11.08  2.94%

Adobe Systems' market value is the price at which a share of Adobe Systems stock trades on a public exchange. It measures the collective expectations of Adobe Systems investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Adobe Systems and determine expected loss or profit from investing in Adobe Systems over a given investment horizon. Please continue to Adobe Systems Hype Analysis, Adobe Systems Correlation, Adobe Systems Valuation, Adobe Systems Volatility, as well as analyze Adobe Systems Alpha and Beta and Adobe Systems Performance.
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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.
Quarterly Earnings Growth YOY
0.073
Market Capitalization
178 B
Quarterly Revenue Growth YOY
0.14
Return On Assets
0.15
Return On Equity
0.35
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.

Adobe Systems 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Adobe Systems' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Adobe Systems.
0.00
05/25/2022
No Change 0.00  0.0 
In 31 days
06/24/2022
0.00
If you would invest  0.00  in Adobe Systems on May 25, 2022 and sell it all today you would earn a total of 0.00 from holding Adobe Systems or generate 0.0% return on investment in Adobe Systems over 30 days. Adobe Systems is related to or competes with Vertex Energy, Caterpillar, 3M, Verizon Communications, Alcoa Corp, Intel Corp, and Dupont Denemours. Adobe Inc. operates as a diversified software company worldwideMore

Adobe Systems Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Adobe Systems' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Adobe Systems upside and downside potential and time the market with a certain degree of confidence.

Adobe Systems Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Adobe Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adobe Systems' standard deviation. In reality, there are many statistical measures that can use Adobe Systems historical prices to predict the future Adobe Systems' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Adobe Systems' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Adobe Systems in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
385.96388.71391.46
Details
Intrinsic
Valuation
LowReal ValueHigh
348.95488.06490.81
Details
Naive
Forecast
LowNext ValueHigh
354.10356.85359.60
Details
20 Analysts
Consensus
LowTarget PriceHigh
575.00658.18820.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Adobe Systems. Your research has to be compared to or analyzed against Adobe Systems' peers to derive any actionable benefits. When done correctly, Adobe Systems' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Adobe Systems.

Adobe Systems Backtested Returns

Adobe Systems secures Sharpe Ratio (or Efficiency) of -0.0737, which signifies that the company had -0.0737% 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-one 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 (0.11), and Mean Deviation of 2.36 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.5795, which signifies a somewhat significant risk relative to the market. Let's try to break down what Adobe's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Adobe Systems will likely underperform. Even though it is essential to pay attention to Adobe Systems historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Adobe Systems exposes twenty-one different technical indicators, which can help you to evaluate its performance. Adobe Systems has an expected return of -0.2%. Please be advised to confirm Adobe Systems maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Adobe Systems performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.81  

Excellent reverse predictability

Adobe Systems has excellent reverse predictability. Overlapping area represents the amount of predictability between Adobe Systems time series from 25th of May 2022 to 9th of June 2022 and 9th of June 2022 to 24th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Adobe Systems price movement. The serial correlation of -0.81 indicates that around 81.0% of current Adobe Systems price fluctuation can be explain by its past prices.
Correlation Coefficient-0.81
Spearman Rank Test-0.09
Residual Average0.0
Price Variance330.34

Adobe Systems lagged returns against current returns

Autocorrelation, which is Adobe Systems stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Adobe Systems' stock expected returns. We can calculate the autocorrelation of Adobe Systems returns to help us make a trade decision. For example, suppose you find that Adobe Systems stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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Adobe Systems regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Adobe Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adobe Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adobe Systems stock over time.
 Current vs Lagged Prices 
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Adobe Systems Lagged Returns

When evaluating Adobe Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adobe Systems stock have on its future price. Adobe Systems autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Adobe Systems autocorrelation shows the relationship between Adobe Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Adobe Systems.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Adobe Systems without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Portfolio Rebalancing

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Pair Trading with Adobe Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adobe Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adobe Systems will appreciate offsetting losses from the drop in the long position's value.

Adobe Systems Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Adobe Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adobe Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adobe Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adobe Systems to buy it.
The correlation of Adobe Systems is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adobe Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adobe Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adobe Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Adobe Systems Hype Analysis, Adobe Systems Correlation, Adobe Systems Valuation, Adobe Systems Volatility, as well as analyze Adobe Systems Alpha and Beta and Adobe Systems Performance. 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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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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...