Adobe Systems Incorporated Stock Price on May 16, 2024
| ADBE Stock | USD 459.87 2.82 0.61% |
Below is the normalized historical share price chart for Adobe Systems Incorporated extending back to August 13, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Adobe Systems stands at 459.87, as last reported on the 12th of June 2024, with the highest price reaching 471.12 and the lowest price hitting 459.16 during the day.
If you're considering investing in Adobe Stock, it is important to understand the factors that can impact its price. Adobe Systems secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Adobe Systems Incorporated exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adobe Systems' Risk Adjusted Performance of (0.07), mean deviation of 1.27, and Standard Deviation of 2.27 to double-check the risk estimate we provide.
At present, Adobe Systems' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 36 B, whereas Common Stock Total Equity is forecasted to decline to about 52.2 K. . At present, Adobe Systems' Price Sales Ratio is projected to slightly grow based on the last few years of reporting. Adobe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of August 1986 | 200 Day MA 545.2845 | 50 Day MA 476.4012 | Beta 1.269 |
Adobe |
Sharpe Ratio = -0.1379
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| Negative Returns | ADBE |
Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Adobe Systems 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 Adobe Systems by adding Adobe Systems to a well-diversified portfolio.
Price Book 13.7382 | Enterprise Value Ebitda 29.3269 | Price Sales 10.6537 | Shares Float 446.7 M | Wall Street Target Price 610.68 |
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Adobe Systems Valuation on May 16, 2024
It is possible to determine the worth of Adobe Systems on a given historical date. On May 16, 2024 Adobe was worth 484.7 at the beginning of the trading date compared to the closed value of 482.88. 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 Adobe Systems 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 | |
| 480.76 | 489.61 | 476.61 | 485.35 | 3,491,638 | |
05/16/2024 | 484.70 | 486.23 | 481.39 | 482.88 | 2,561,454 |
| 483.32 | 485.88 | 481.52 | 483.43 | 2,260,987 |
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Adobe Systems Trading Date Momentum on May 16, 2024
| On May 17 2024 Adobe Systems Incorporated was traded for 483.43 at the closing time. The top price for the day was 485.88 and the lowest listed price was 481.52 . The trading volume for the day was 2.3 M. The trading history from May 17, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.11% . The overall trading delta against the current closing price is 2.04% . |
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 stock prices may prove useful in developing a viable investing in Adobe Systems
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 527.9 M | 533.1 M | |
| Net Income Applicable To Common Shares | 5.5 B | 5.7 B |
Adobe Systems Quarterly Net Working Capital |
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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.
Price Boundaries
Adobe Systems Period Price Range
Low | May 16, 2024
| High |
484.70 | 482.88 |
Adobe Systems June 12, 2024 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 Incorporated entry and exit signals to maximize returns
| Accumulation Distribution | 25497.06 | |||
| Daily Balance Of Power | (0.38) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 483.81 | |||
| Day Typical Price | 483.5 | |||
| Price Action Indicator | (1.84) | |||
| Period Momentum Indicator | (23.01) |
Adobe Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adobe Systems' price 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 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.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.45) |
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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 the 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.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |