Absa Financials
| ABG Stock | 17,250 31.00 0.18% |
Absa |
Understanding current and past Absa Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Absa's financial statements are interrelated, with each one affecting the others. For example, an increase in Absa's assets may result in an increase in income on the income statement.
Please note, the presentation of Absa's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Absa's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Absa's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | ZAE000255915 |
| Business Address | Absa Towers West, |
| Sector | Financial Services |
| Industry | Banks-Regional |
| Benchmark | Dow Jones Industrial |
| Website | www.absa.africa |
| Phone | 27 11 350 4000 |
You should never invest in Absa without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Absa Stock, because this is throwing your money away. Analyzing the key information contained in Absa's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Absa Key Financial Ratios
There are many critical financial ratios that Absa's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Absa Group reports annually and quarterly.| Return On Equity | 0.15 | |||
| Return On Asset | 0.0132 | |||
| Target Price | 223.97 | |||
| Beta | 0.96 | |||
| Last Dividend Paid | 11.25 |
Absa Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Absa's current stock value. Our valuation model uses many indicators to compare Absa value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Absa competition to find correlations between indicators driving Absa's intrinsic value. More Info.Absa Group is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Absa Group is roughly 11.64 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Absa's earnings, one of the primary drivers of an investment's value.Absa Group Systematic Risk
Absa's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Absa volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Absa Group correlated with the market. If Beta is less than 0 Absa generally moves in the opposite direction as compared to the market. If Absa Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Absa Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Absa is generally in the same direction as the market. If Beta > 1 Absa moves generally in the same direction as, but more than the movement of the benchmark.
Absa November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Absa help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Absa Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Absa Group based on widely used predictive technical indicators. In general, we focus on analyzing Absa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Absa's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9788 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.02 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.91 |
Complementary Tools for Absa Stock analysis
When running Absa's price analysis, check to measure Absa'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 Absa is operating at the current time. Most of Absa's value examination focuses on studying past and present price action to predict the probability of Absa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Absa's price. Additionally, you may evaluate how the addition of Absa to your portfolios can decrease your overall portfolio volatility.
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