Absolute Software Probability of Future Stock Price Finishing Over 0.0

Absolute Software's future price is the expected price of Absolute Software instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Absolute Software performance during a given time horizon utilizing its historical volatility. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
  
Please specify Absolute Software's target price for which you would like Absolute Software odds to be computed.

Absolute Software Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Absolute Software for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Absolute Software can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Absolute Software is not yet fully synchronised with the market data
Absolute Software has some characteristics of a very speculative penny stock
Absolute Software has a very high chance of going through financial distress in the upcoming years
Absolute Software currently holds 277.14 M in liabilities. Absolute Software has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Absolute Software's use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 197.31 M. Net Loss for the year was (24.48 M) with profit before overhead, payroll, taxes, and interest of 160.54 M.
Over 82.0% of the company shares are held by institutions such as insurance companies

Absolute Software Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Absolute Stock often depends not only on the future outlook of the current and potential Absolute Software's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Absolute Software's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding50.4 M
Cash And Short Term Investments64 M

Absolute Software Technical Analysis

Absolute Software's future price can be derived by breaking down and analyzing its technical indicators over time. Absolute Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Absolute Software. In general, you should focus on analyzing Absolute Stock price patterns and their correlations with different microeconomic environments and drivers.

Absolute Software Predictive Forecast Models

Absolute Software's time-series forecasting models is one of many Absolute Software's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Absolute Software's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Absolute Software

Checking the ongoing alerts about Absolute Software for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Absolute Software help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Absolute Software is not yet fully synchronised with the market data
Absolute Software has some characteristics of a very speculative penny stock
Absolute Software has a very high chance of going through financial distress in the upcoming years
Absolute Software currently holds 277.14 M in liabilities. Absolute Software has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Absolute Software's use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 197.31 M. Net Loss for the year was (24.48 M) with profit before overhead, payroll, taxes, and interest of 160.54 M.
Over 82.0% of the company shares are held by institutions such as insurance companies
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in Absolute Stock

If you are still planning to invest in Absolute Software check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Absolute Software's history and understand the potential risks before investing.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Transaction History
View history of all your transactions and understand their impact on performance
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges