Absolute Software Buy Hold or Sell Recommendation
| ABSTDelisted Stock | USD 11.48 0.00 0.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Absolute Software is 'Not Rated'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Absolute Software given historical horizon and risk tolerance towards Absolute Software. When Macroaxis issues a 'buy' or 'sell' recommendation for Absolute Software, the advice is generated through an automated system that utilizes algorithms and statistical models.
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 state. Note, we conduct extensive research on individual companies such as Absolute and provide practical buy, sell, or hold advice based on investors' constraints. Absolute Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Absolute |
Execute Absolute Software Buy or Sell Advice
The Absolute recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Absolute Software. Macroaxis does not own or have any residual interests in Absolute Software or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Absolute Software's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Not Rated
Absolute Software Trading Alerts and Improvement Suggestions
| Absolute Software is not yet fully synchronised with the market data | |
| 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 Returns Distribution Density
The distribution of Absolute Software's historical returns is an attempt to chart the uncertainty of Absolute Software's future price movements. The chart of the probability distribution of Absolute Software daily returns describes the distribution of returns around its average expected value. We use Absolute Software price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Absolute Software returns is essential to provide solid investment advice for Absolute Software.
| Mean Return | 0.58 | Value At Risk | -1.29 | Potential Upside | 2.14 | Standard Deviation | 4.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Absolute Software historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Note: Purchase by Edenbrook Capital Llc of 10000 shares of Absolute Software [view details]
Absolute Software Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Absolute . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 9.0E-4 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.49 | |||
| Day Typical Price | 11.48 | |||
| Market Facilitation Index | 0.01 | |||
| Price Action Indicator | (0.01) |
About Absolute Software Buy or Sell Advice
When is the right time to buy or sell Absolute Software? Buying financial instruments such as Absolute Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Absolute Software in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Broad Sovereign ETFs Thematic Idea Now
Broad Sovereign ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Sovereign ETFs Theme or any other thematic opportunities.
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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 state. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.
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