ABB (Sweden) Today

ABB Stock  SEK 494.60  0.70  0.14%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
ABB is selling for under 494.60 as of the 29th of March 2024; that is 0.14% increase since the beginning of the trading day. The stock's last reported lowest price was 494.2. ABB has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ABB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
ABB Ltd manufactures and sells electrification, industrial automation, and robotics and motion products for customers in utilities, industry and transport, and infrastructure worldwide. ABB Ltd was founded in 1883 and is headquartered in Zurich, Switzerland. The company has 1.86 B outstanding shares. More on ABB

Moving together with ABB Stock

  0.95SAND Sandvik ABPairCorr
  0.77ALFA Alfa Laval ABPairCorr
  0.64BEIJ-B Beijer Ref ABPairCorr
  0.63COIC Concentric ABPairCorr

Moving against ABB Stock

  0.92ABSO Absolent Group ABPairCorr
  0.8HEIM-PREF Heimstaden AB PfdPairCorr
  0.52GARO Garo ABPairCorr
  0.5ARION-SDB Arion Banki HfPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

ABB Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ABB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ABB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOUlrich Spiesshofer
Business ConcentrationDiversified Industrials, Industrials (View all Sectors)
ABB (ABB) is traded on Stockholm Exchange in Sweden and employs 105,130 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 655.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ABB's market, we take the total number of its shares issued and multiply it by ABB's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ABB operates under Industrials sector and is part of Diversified Industrials industry. The entity has 1.86 B outstanding shares. ABB has accumulated about 3.23 B in cash with 1.29 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51.
Check ABB Probability Of Bankruptcy
Ownership Allocation
ABB shows a total of 1.86 Billion outstanding shares. Over half of ABB's outstanding shares are owned by institutions. These institutions are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Therefore, these institutions are subject to different rules and regulations than regular investors in ABB. Please watch out for any change in the institutional holdings of ABB as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check ABB Ownership Details

ABB Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of ABB jumping above the current price in 90 days from now is under 4%. The ABB probability density function shows the probability of ABB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ABB has a beta of -0.0163. This suggests as returns on benchmark increase, returns on holding ABB are expected to decrease at a much lower rate. During the bear market, however, ABB is likely to outperform the market. Additionally, aBB has an alpha of 0.213, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 494.6HorizonTargetOdds Above 494.6
96.25%90 days
 494.60 
3.70%
Based on a normal probability distribution, the odds of ABB to move above the current price in 90 days from now is under 4 (This ABB probability density function shows the probability of ABB Stock to fall within a particular range of prices over 90 days) .

ABB Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ABB market risk premium is the additional return an investor will receive from holding ABB long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ABB. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ABB's alpha and beta are two of the key measurements used to evaluate ABB's performance over the market, the standard measures of volatility play an important role as well.

ABB Stock Against Markets

Picking the right benchmark for ABB stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ABB stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ABB is critical whether you are bullish or bearish towards ABB at a given time. Please also check how ABB's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ABB without increasing your portfolio risk or giving up the 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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ABB Corporate Directors

ABB corporate directors refer to members of an ABB board of directors. The board of directors generally takes responsibility for the ABB's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ABB's board members must vote for the resolution. The ABB board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Frederico CuradoNon-Executive Member of the Board of DirectorsProfile
Jennifer LiMember of the Board of DirectorProfile
David ConstableNon-Executive Member of the Board of DirectorsProfile
Gunnar BrockNon-Executive Independent DirectorProfile

How to buy ABB Stock?

Before investing in ABB, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ABB. To buy ABB stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ABB. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ABB stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ABB stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ABB stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ABB, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in ABB?

The danger of trading ABB is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ABB is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ABB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ABB is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the ABB information on this page should be used as a complementary analysis to other ABB's 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 the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for ABB Stock analysis

When running ABB's price analysis, check to measure ABB's 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 ABB is operating at the current time. Most of ABB's value examination focuses on studying past and present price action to predict the probability of ABB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABB's price. Additionally, you may evaluate how the addition of ABB to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ABB's value and its price as these two are different measures arrived at by different means. Investors typically determine if ABB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABB's 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.