ADBE Deep Analytical Report

Adobe Inc. | Category: Equity Mega Cap | Last Updated: 2026-02-22 | Data Range: 1986-08-01 → 2026-02-01 (475 months)
Quick Overview
Timeframe C-C DoR σ
(Historical)
H-L DoR σ
(Historical)
O-C DoR σ
(Historical)
5Y ATRP
(Avg)
Binomial IV
(Period)
Yahoo IV
(Period)
1σ Lower
(68.27%)
1σ Upper 2σ Lower
(95.45%)
2σ Upper
Daily 3.02% 2.60% 2.59% 2.83% 2.94% 3.08% 251.12 266.33 243.84 274.28
Weekly 6.68% 6.89% 6.74% 6.82% 6.47% 6.77% 242.40 275.90 227.21 294.36
Monthly 13.37% 16.97% 13.40% 15.35% 13.48% 14.10% 226.01 295.92 197.52 338.60
Quarterly 27.64% 31.84% 23.11% 26.95% 23.34% 24.42% 204.78 326.59 162.15 412.45
Annual 46.68% 48.85% 162.15 412.45 101.67 657.81
Option Time Horizon 17.95% 18.79% 216.11 309.47 180.59 370.34
Calculation Notes: Computed at 2026-02-22T14:17 UTC  |  Reference Contract: Call option expiring 2026-04-17 (54 days)  |  Spot Price (S): $258.61  |  Strike (K): $260.00 (first OTM call ≥ spot)  |  Observed Mid-Price: $18.4000 (Bid $17.9000 / Ask $18.9000)  |  Risk-Free Rate (r): 3.72% (1-Month CMT, US Treasury)  |  Dividend Yield (q): 0.00%  |  Binomial IV (Annual): 46.68% (CRR binomial tree, American, n=20 steps)  |  BS IV: 46.39% (European Black-Scholes)  |  Yahoo IV (Annual): 48.85% → period-scaled as σperiod = σannual·√h  |  Price bands: Upper = S·e+σ√h, Lower = S·e−σ√h
Historical Dividend Payouts
Ex-Dividend Date Amount
2005-03-24 $0.0065
2004-12-23 $0.0065
2004-09-24 $0.0065
2004-06-25 $0.0065
2004-03-26 $0.0065
2004-01-07 $0.0065
2003-09-19 $0.0065
2003-06-19 $0.0065
2003-03-20 $0.0065
2003-01-07 $0.0065
2002-09-20 $0.0065
2002-06-21 $0.0065
2002-03-21 $0.0065
2001-12-31 $0.0065
2001-09-21 $0.0065
2001-06-22 $0.0065
2001-03-22 $0.0065
2001-01-02 $0.0065
2000-09-28 $0.0063
2000-06-30 $0.0063
2000-03-23 $0.0063
1999-12-23 $0.0063
1999-09-24 $0.0063
1999-06-29 $0.0063
1999-03-29 $0.0063
1998-12-23 $0.0063
1998-09-21 $0.0063
1998-07-01 $0.0022
1998-04-01 $0.0022
1997-12-30 $0.0022
1997-09-29 $0.0063
1997-07-29 $0.0063
1997-07-02 $0.0063
1997-03-27 $0.0063
1997-01-14 $0.0063
1996-09-30 $0.0063
1996-07-03 $0.0063
1996-04-02 $0.0063
1996-01-17 $0.0063
1995-10-04 $0.0063
1995-07-05 $0.0063
1995-03-31 $0.0063
1995-01-12 $0.0063
1994-09-29 $0.0063
1994-06-30 $0.0063
1994-03-28 $0.0063
1994-01-21 $0.0063
1993-10-01 $0.0063
1993-06-23 $0.0063
1993-03-26 $0.0063
1993-01-19 $0.0050
1992-09-24 $0.0050
1992-06-23 $0.0050
1992-03-23 $0.0050
1992-01-09 $0.0050
1991-09-25 $0.0050
1991-06-26 $0.0050
1991-03-22 $0.0050
1991-01-09 $0.0003
1990-09-14 $0.0003
1990-07-02 $0.0037
1990-03-26 $0.0037
1990-01-08 $0.0031
Close-to-Close Returns
Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.13. Further, an Excess Kurtosis of 9.98 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -8.95%700.70%0.70%
-8.95% to -6.68%880.88%1.59%
-6.68% to -4.42%2892.90%4.49%
-4.42% to -2.15%112511.30%15.79%
-2.15% to 0.12%360736.23%52.02%
0.12% to 2.38%327932.93%84.95%
2.38% to 4.65%9629.66%94.62%
4.65% to 6.92%3173.18%97.80%
6.92% to 9.18%1201.21%99.01%
Greater than 9.18%990.99%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ -2.90%3.14% 79.17%68.27%
±2σ -5.93%6.16% 95.05%95.45%
±3σ -8.95%9.18% 98.31%99.73%
High-to-Low Returns
Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.07. Further, an Excess Kurtosis of 20.71 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -4.18%00.00%0.00%
-4.18% to -2.23%00.00%0.00%
-2.23% to -0.29%00.00%0.00%
-0.29% to 1.66%171617.23%17.23%
1.66% to 3.61%462446.44%63.67%
3.61% to 5.56%206520.74%84.41%
5.56% to 7.51%8658.69%93.10%
7.51% to 9.45%3493.51%96.61%
9.45% to 11.40%1721.73%98.33%
Greater than 11.40%1661.67%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ 1.01%6.21% 85.00%68.27%
±2σ -1.58%8.80% 95.64%95.45%
±3σ -4.18%11.40% 98.33%99.73%
Open-to-Close Returns
Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.34. Further, an Excess Kurtosis of 7.41 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -7.77%780.78%0.78%
-7.77% to -5.83%1111.11%1.90%
-5.83% to -3.89%3473.48%5.38%
-3.89% to -1.95%109210.97%16.35%
-1.95% to -0.00%328132.95%49.30%
-0.00% to 1.94%340534.20%83.50%
1.94% to 3.88%110111.06%94.56%
3.88% to 5.82%3373.38%97.94%
5.82% to 7.76%1231.24%99.18%
Greater than 7.76%820.82%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ -2.59%2.58% 77.62%68.27%
±2σ -5.18%5.17% 94.69%95.45%
±3σ -7.77%7.76% 98.39%99.73%
Close-to-Close Returns
Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.30. Further, an Excess Kurtosis of 5.67 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -19.47%100.48%0.48%
-19.47% to -14.46%271.31%1.79%
-14.46% to -9.45%623.01%4.80%
-9.45% to -4.44%26712.95%17.75%
-4.44% to 0.57%67632.78%50.53%
0.57% to 5.58%68833.37%83.90%
5.58% to 10.59%22410.86%94.76%
10.59% to 15.60%643.10%97.87%
15.60% to 20.61%251.21%99.08%
Greater than 20.61%190.92%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ -6.11%7.25% 77.11%68.27%
±2σ -12.79%13.93% 94.37%95.45%
±3σ -19.47%20.61% 98.59%99.73%
High-to-Low Returns
Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.55. Further, an Excess Kurtosis of 27.43 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -11.30%00.00%0.00%
-11.30% to -6.14%00.00%0.00%
-6.14% to -0.97%00.00%0.00%
-0.97% to 4.19%35117.01%17.01%
4.19% to 9.36%95346.19%63.21%
9.36% to 14.52%43921.28%84.49%
14.52% to 19.68%1858.97%93.46%
19.68% to 24.85%683.30%96.75%
24.85% to 30.01%401.94%98.69%
Greater than 30.01%271.31%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ 2.47%16.24% 85.17%68.27%
±2σ -4.42%23.13% 96.17%95.45%
±3σ -11.30%30.01% 98.69%99.73%
Open-to-Close Returns
Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 1.60. Further, an Excess Kurtosis of 15.53 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -20.23%80.39%0.39%
-20.23% to -15.18%200.97%1.36%
-15.18% to -10.12%673.25%4.60%
-10.12% to -5.07%22911.10%15.71%
-5.07% to -0.02%78438.00%53.71%
-0.02% to 5.03%62430.25%83.96%
5.03% to 10.08%22811.05%95.01%
10.08% to 15.13%542.62%97.62%
15.13% to 20.19%311.50%99.13%
Greater than 20.19%180.87%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ -6.76%6.71% 78.67%68.27%
±2σ -13.49%13.45% 95.20%95.45%
±3σ -20.23%20.19% 98.74%99.73%
Close-to-Close Returns
Gram-Charlier Analysis: Data reveals Right Skewed (Positive Asymmetry) with a Skewness factor of 0.63. Further, an Excess Kurtosis of 3.77 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -37.72%20.42%0.42%
-37.72% to -27.69%51.05%1.48%
-27.69% to -17.66%142.95%4.43%
-17.66% to -7.64%7415.61%20.04%
-7.64% to 2.39%13929.32%49.37%
2.39% to 12.42%16033.76%83.12%
12.42% to 22.45%4810.13%93.25%
22.45% to 32.47%204.22%97.47%
32.47% to 42.50%102.11%99.58%
Greater than 42.50%20.42%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ -10.98%15.76% 76.16%68.27%
±2σ -24.35%29.13% 94.30%95.45%
±3σ -37.72%42.50% 99.16%99.73%
High-to-Low Returns
Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 6.00. Further, an Excess Kurtosis of 69.73 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -29.13%00.00%0.00%
-29.13% to -16.40%00.00%0.00%
-16.40% to -3.67%00.00%0.00%
-3.67% to 9.06%5511.58%11.58%
9.06% to 21.79%24250.95%62.53%
21.79% to 34.52%12426.11%88.63%
34.52% to 47.25%285.89%94.53%
47.25% to 59.98%173.58%98.11%
59.98% to 72.71%40.84%98.95%
Greater than 72.71%51.05%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ 4.82%38.77% 90.32%68.27%
±2σ -12.16%55.74% 97.05%95.45%
±3σ -29.13%72.71% 98.95%99.73%
Open-to-Close Returns
Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 1.27. Further, an Excess Kurtosis of 5.46 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -40.78%10.21%0.21%
-40.78% to -30.73%10.21%0.42%
-30.73% to -20.67%194.00%4.42%
-20.67% to -10.62%6513.68%18.11%
-10.62% to -0.57%17937.68%55.79%
-0.57% to 9.49%12626.53%82.32%
9.49% to 19.54%5812.21%94.53%
19.54% to 29.59%132.74%97.26%
29.59% to 39.65%71.47%98.74%
Greater than 39.65%61.26%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ -13.97%12.84% 77.05%68.27%
±2σ -27.38%26.24% 95.58%95.45%
±3σ -40.78%39.65% 98.53%99.73%
Close-to-Close Returns
Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 2.31. Further, an Excess Kurtosis of 12.05 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -75.68%00.00%0.00%
-75.68% to -54.95%00.00%0.00%
-54.95% to -34.21%53.16%3.16%
-34.21% to -13.48%2415.19%18.35%
-13.48% to 7.26%5836.71%55.06%
7.26% to 27.99%4830.38%85.44%
27.99% to 48.72%1710.76%96.20%
48.72% to 69.46%31.90%98.10%
69.46% to 90.19%00.00%98.10%
Greater than 90.19%31.90%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ -20.39%34.90% 79.11%68.27%
±2σ -48.03%62.55% 96.84%95.45%
±3σ -75.68%90.19% 98.10%99.73%
High-to-Low Returns
Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 2.90. Further, an Excess Kurtosis of 13.22 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -52.61%00.00%0.00%
-52.61% to -28.73%00.00%0.00%
-28.73% to -4.85%00.00%0.00%
-4.85% to 19.03%2716.98%16.98%
19.03% to 42.91%7547.17%64.15%
42.91% to 66.79%3421.38%85.53%
66.79% to 90.67%127.55%93.08%
90.67% to 114.55%74.40%97.48%
114.55% to 138.43%21.26%98.74%
Greater than 138.43%21.26%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ 11.07%74.75% 88.68%68.27%
±2σ -20.77%106.59% 96.86%95.45%
±3σ -52.61%138.43% 98.74%99.73%
Open-to-Close Returns
Gram-Charlier Analysis: Data reveals Right Skewed (Positive Asymmetry) with a Skewness factor of 0.76. Further, an Excess Kurtosis of 1.23 proves the distribution possesses Fat Tails (Higher Outlier Risk).
Bin Distribution Over Raw Range
Bin / RangeFrequencyProbCum. Prob
Less than -71.03%00.00%0.00%
-71.03% to -53.70%21.26%1.26%
-53.70% to -36.37%42.52%3.77%
-36.37% to -19.04%2515.72%19.50%
-19.04% to -1.71%6138.36%57.86%
-1.71% to 15.62%3823.90%81.76%
15.62% to 32.95%127.55%89.31%
32.95% to 50.28%127.55%96.86%
50.28% to 67.61%21.26%98.11%
Greater than 67.61%31.89%100.00%
Standard Deviation Interval Analysis
SDLower BndUpper Bnd Actual %Normal %
±1σ -24.82%21.40% 72.96%68.27%
±2σ -47.92%44.50% 93.08%95.45%
±3σ -71.03%67.61% 98.11%99.73%