ABIOMED Price on December 9, 2022

If you're considering investing in ABIOMED Stock, it is important to understand the factors that can impact its price. We have found twenty-one technical indicators for ABIOMED, which you can use to evaluate the volatility of the entity. Please confirm ABIOMED's Downside Deviation of 1.75, coefficient of variation of 792.11, and Mean Deviation of 2.01 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
  
ABIOMED Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average ABIOMED is not performing at its full potential. However, 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 ABIOMED by adding ABIOMED to a well-diversified portfolio.

ABIOMED Valuation on December 9, 2022

It is possible to determine the worth of ABIOMED on a given historical date. On December 9, 2022 ABIOMED was worth 380.33 at the beginning of the trading date compared to the closed value of 380.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABIOMED stock. Still, in general, we apply an absolute valuation method to find ABIOMED'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 ABIOMED where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABIOMED's related companies.
 Open High Low Close Volume
  381.80    381.80    380.25    380.75    1,506,900  
12/09/2022
  380.33    381.03    380.25    380.75    990,100  
  380.99    380.99    379.98    380.01    1,317,700  
Backtest ABIOMED  |  ABIOMED History  |  ABIOMED Valuation   PreviousNext  
Open Value
380.33
380.33
Downside
380.75
Closing Value
380.33
Upside

ABIOMED Trading Date Momentum on December 9, 2022

On December 12 2022 ABIOMED was traded for  380.01  at the closing time. The top price for the day was 380.99  and the lowest listed price was  379.98 . The trading volume for the day was 1.3 M. The trading history from December 12, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.19% . The overall trading delta against the current closing price is 0.13% .

ABIOMED Fundamentals Correlations and Trends

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

About ABIOMED Stock history

ABIOMED 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 ABIOMED is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABIOMED 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 ABIOMED stock prices may prove useful in developing a viable investing in ABIOMED
Abiomed, Inc. engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart. The company was founded in 1981 and is headquartered in Danvers, Massachusetts. Abiomed operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 2003 people.

ABIOMED Stock Technical Analysis

ABIOMED 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, delisted stock market cycles, or different charting patterns.
A focus of ABIOMED technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ABIOMED 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

ABIOMED Period Price Range

Low
December 9, 2022
0.42  0.11%
High

 380.33 

     

 380.75 

ABIOMED May 22, 2024 Market Strength

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

ABIOMED Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ABIOMED's price direction in advance. Along with the technical and fundamental analysis of ABIOMED Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABIOMED 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 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Other Consideration for investing in ABIOMED Stock

If you are still planning to invest in ABIOMED check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ABIOMED's history and understand the potential risks before investing.
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