Abacus Mining And Stock Buy Hold or Sell Recommendation
| AME Stock | CAD 0.03 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Abacus Mining and is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Abacus Mining and given historical horizon and risk tolerance towards Abacus Mining. When Macroaxis issues a 'buy' or 'sell' recommendation for Abacus Mining and, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Abacus Mining Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Abacus and provide practical buy, sell, or hold advice based on investors' constraints. Abacus Mining and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Execute Abacus Mining Buy or Sell Advice
The Abacus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Abacus Mining and. Macroaxis does not own or have any residual interests in Abacus Mining and or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Abacus Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Abacus Mining Trading Alerts and Improvement Suggestions
| Abacus Mining is way too risky over 90 days horizon | |
| Abacus Mining has some characteristics of a very speculative penny stock | |
| Abacus Mining appears to be risky and price may revert if volatility continues | |
| Abacus Mining has high likelihood to experience some financial distress in the next 2 years | |
| Abacus Mining has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Abacus Mining and has accumulated 27.51 M in total debt with debt to equity ratio (D/E) of 138.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Abacus Mining has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Abacus Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Abacus Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Abacus Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Abacus to invest in growth at high rates of return. When we think about Abacus Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Abacus Mining and has accumulated about 1.12 M in cash with (424.6 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: Stocks In Play First Mining Gold Corp. - Barchart |
Abacus Mining Returns Distribution Density
The distribution of Abacus Mining's historical returns is an attempt to chart the uncertainty of Abacus Mining's future price movements. The chart of the probability distribution of Abacus Mining daily returns describes the distribution of returns around its average expected value. We use Abacus Mining and price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Abacus Mining returns is essential to provide solid investment advice for Abacus Mining.
| Mean Return | 1.26 | Value At Risk | -33.33 | Potential Upside | 50.00 | Standard Deviation | 16.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Abacus Mining 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.
Abacus Mining Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 229.6K | 196.9K | (570.5K) | 18.7K | (11.8K) | (11.2K) | |
| Free Cash Flow | (502.6K) | (1.2M) | (2.1M) | (687.7K) | (575.8K) | (604.6K) | |
| Other Non Cash Items | 2.0M | 2.0M | 3.1M | 2.6M | 1.2M | 1.2M | |
| Capital Expenditures | 33.2K | 164.5K | 118.0K | 135.4K | 151.2K | 143.6K | |
| Net Income | (2.7M) | (3.0M) | (5.5M) | (3.3M) | (1.7M) | (1.8M) | |
| End Period Cash Flow | 431.6K | 628.5K | 58.0K | 76.7K | 64.9K | 61.6K | |
| Investments | (7.2K) | (164.5K) | (118.0K) | (135.4K) | (151.2K) | (158.8K) | |
| Change To Netincome | 1.9M | 2.0M | 2.2M | 3.3M | 3.0M | 5.1M |
Abacus Mining Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Abacus Mining or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Abacus Mining's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Abacus stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 1.16 | |
β | Beta against Dow Jones | 0.75 | |
σ | Overall volatility | 17.01 | |
Ir | Information ratio | 0.07 |
Abacus Mining Volatility Alert
Abacus Mining and is displaying above-average volatility over the selected time horizon. Abacus Mining and is a penny stock. Although Abacus Mining may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Abacus Mining and. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Abacus instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Abacus Mining Fundamentals Vs Peers
Comparing Abacus Mining's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Abacus Mining's direct or indirect competition across all of the common fundamentals between Abacus Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Abacus Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Abacus Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Abacus Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Abacus Mining to competition |
| Fundamentals | Abacus Mining | Peer Average |
| Return On Asset | -0.0358 | -0.14 |
| Current Valuation | 33.57 M | 16.62 B |
| Shares Outstanding | 149.11 M | 571.82 M |
| Shares Owned By Insiders | 6.77 % | 10.09 % |
| Number Of Shares Shorted | 1.86 K | 4.71 M |
| Price To Earning | (0.57) X | 28.72 X |
| Price To Book | 0.95 X | 9.51 X |
| EBITDA | (462.52 K) | 3.9 B |
| Net Income | (1.67 M) | 570.98 M |
| Cash And Equivalents | 1.12 M | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 27.51 M | 5.32 B |
| Debt To Equity | 138.50 % | 48.70 % |
| Current Ratio | 0.06 X | 2.16 X |
| Book Value Per Share | (0.16) X | 1.93 K |
| Cash Flow From Operations | (424.6 K) | 971.22 M |
| Short Ratio | 0.03 X | 4.00 X |
| Earnings Per Share | (0.03) X | 3.12 X |
| Beta | 1.62 | -0.15 |
| Market Capitalization | 3.73 M | 19.03 B |
| Total Asset | 7.89 M | 29.47 B |
| Retained Earnings | (117.87 M) | 9.33 B |
| Working Capital | (27.67 M) | 1.48 B |
| Net Asset | 7.89 M |
Abacus Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Abacus . 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.
About Abacus Mining Buy or Sell Advice
When is the right time to buy or sell Abacus Mining and? Buying financial instruments such as Abacus 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 Abacus Mining 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 15 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 Convertibles Funds Theme or any other thematic opportunities.
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Additional Tools for Abacus Stock Analysis
When running Abacus Mining's price analysis, check to measure Abacus Mining'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 Abacus Mining is operating at the current time. Most of Abacus Mining's value examination focuses on studying past and present price action to predict the probability of Abacus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abacus Mining's price. Additionally, you may evaluate how the addition of Abacus Mining to your portfolios can decrease your overall portfolio volatility.