Abaxx Financial Statements From 2010 to 2025
| ABXX Stock | 11.19 0.33 3.04% |
Gross Profit -7.8 M | Market Capitalization 379.8 M | Enterprise Value Revenue 467.5217 | Revenue | Earnings Share (1.36) |
Abaxx Technologies Total Revenue |
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Check Abaxx Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abaxx Technologies' main balance sheet or income statement drivers, such as Interest Expense of 789.4 K, Minority Interest of 2.5 M or Net Interest Income of 40 K, as well as many indicators such as . Abaxx financial statements analysis is a perfect complement when working with Abaxx Technologies Valuation or Volatility modules.
Abaxx | Select Account or Indicator |
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About Abaxx Technologies Financial Statements
Abaxx Technologies stakeholders use historical fundamental indicators, such as Abaxx Technologies' revenue or net income, to determine how well the company is positioned to perform in the future. Although Abaxx Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Abaxx Technologies' assets and liabilities are reflected in the revenues and expenses on Abaxx Technologies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Abaxx Technologies. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 247.8 K | 260.2 K |
Pair Trading with Abaxx Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Abaxx Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Abaxx Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Abaxx Stock
Moving against Abaxx Stock
The ability to find closely correlated positions to Abaxx Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abaxx Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abaxx Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Abaxx Technologies to buy it.
The correlation of Abaxx Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abaxx Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abaxx Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Abaxx Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Abaxx Stock
Abaxx Technologies financial ratios help investors to determine whether Abaxx Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Abaxx with respect to the benefits of owning Abaxx Technologies security.