ABM Industries Stock Performance

ABM
 Stock
  

USD 45.19  0.27  0.59%   

ABM Industries has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.1062, which signifies a somewhat significant risk relative to the market. Let's try to break down what ABM Industries's beta means in this case. ABM Industries returns are very sensitive to returns on the market. As the market goes up or down, ABM Industries is expected to follow. Although it is important to respect ABM Industries Incor historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The approach into foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining ABM Industries Incor technical indicators, you can right now evaluate if the expected return of 0.076% will be sustainable into the future. ABM Industries Incor at this time shows a risk of 2.11%. Please confirm ABM Industries Incor treynor ratio, and the relationship between the variance and potential upside to decide if ABM Industries Incor will be following its price patterns.
  
ABM Industries Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in ABM Industries Incorporated are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Even with relatively steady fundamental drivers, ABM Industries is not utilizing all of its potentials. The recent stock price chaos, may contribute to medium-term losses for the stakeholders. ...more

Structure and Payout Changes

Forward Dividend Yield
0.0194
Payout Ratio
0.2906
Last Split Factor
2:1
Forward Dividend Rate
0.88
Dividend Date
2022-11-07
Ex Dividend Date
2023-01-04

ABM Industries Price Channel

Begin Period Cash Flow394200000.00
Total Cashflows From Investing Activities-740000000.00

ABM Industries Relative Risk vs. Return Landscape

If you would invest  4,367  in ABM Industries Incorporated on September 10, 2022 and sell it today you would earn a total of  152.00  from holding ABM Industries Incorporated or generate 3.48% return on investment over 90 days. ABM Industries Incorporated is generating 0.076% of daily returns assuming volatility of 2.1099% on return distribution over 90 days investment horizon. In other words, 18% of stocks are less volatile than ABM Industries, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon ABM Industries is expected to generate 1.4 times more return on investment than the market. However, the company is 1.4 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.01 per unit of risk.

ABM Industries Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for ABM Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ABM Industries Incorporated, and traders can use it to determine the average amount a ABM Industries' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.036

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Estimated Market Risk
 2.11
  actual daily
 
 18 %
of total potential
 
1818
Expected Return
 0.08
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.04
  actual daily
 
 2 %
of total potential
 
22
Based on monthly moving average ABM Industries is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ABM Industries by adding it to a well-diversified portfolio.

About ABM Industries Performance

To evaluate ABM Industries Incor Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ABM Industries generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ABM Industries Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ABM Industries Incor market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ABM Industries's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash2.2 M2.4 M
Return on Investment 6.09  6.25 
Return on Average Assets 2.95  3.03 
Return on Average Equity 5.17  5.31 
Return on Invested Capital 0.14  0.12 
Return on Sales 0.0297  0.0252 

Things to note about ABM Industries Incor

Checking the ongoing alerts about ABM Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ABM Industries Incor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

ABM Industries Alerts

Equity Alerts and Improvement Suggestions

ABM Industries Incor has a strong financial position based on the latest SEC filings
Over 96.0% of the company shares are held by institutions such as insurance companies
On 7th of November 2022 ABM Industries paid $ 0.195 per share dividend to its current shareholders
Latest headline from news.google.com: ABM Industries Undervalued Dividend King With Big Upside Potential - Seeking Alpha
Please continue to Trending Equities. Note that the ABM Industries Incor information on this page should be used as a complementary analysis to other ABM Industries' 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running ABM Industries Incor price analysis, check to measure ABM Industries' 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 ABM Industries is operating at the current time. Most of ABM Industries' value examination focuses on studying past and present price action to predict the probability of ABM Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ABM Industries' price. Additionally, you may evaluate how the addition of ABM Industries to your portfolios can decrease your overall portfolio volatility.
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Is ABM Industries' 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 ABM Industries. If investors know ABM Industries 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 ABM Industries 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
0.565
Market Capitalization
B
Quarterly Revenue Growth YOY
0.271
Return On Assets
0.0492
Return On Equity
0.1324
The market value of ABM Industries Incor is measured differently than its book value, which is the value of ABM Industries that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' 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 ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' 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 ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine ABM Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' 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.