Absolute Software Price on July 21, 2023
ABSTDelisted Stock | USD 11.48 0.00 0.00% |
If you're considering investing in Absolute Stock, it is important to understand the factors that can impact its price. As of today, the current price of Absolute Software stands at 11.48, as last reported on the 19th of January, with the highest price reaching 11.49 and the lowest price hitting 11.48 during the day. We have found twenty-six technical indicators for Absolute Software, which you can use to evaluate the volatility of the firm. Please confirm Absolute Software's Mean Deviation of 1.38, coefficient of variation of 713.26, and Risk Adjusted Performance of 0.1252 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Absolute Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Absolute Software is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Absolute Software by adding Absolute Software to a well-diversified portfolio.
Absolute Software Valuation on July 21, 2023
It is possible to determine the worth of Absolute Software on a given historical date. On July 21, 2023 Absolute was worth 11.49 at the beginning of the trading date compared to the closed value of 11.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Absolute Software stock. Still, in general, we apply an absolute valuation method to find Absolute Software's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Absolute Software where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Absolute Software's related companies.
Open | High | Low | Close | Volume | |
11.49 | 11.49 | 11.47 | 11.47 | 807,900 | |
07/21/2023 | 11.49 | 11.49 | 11.47 | 11.47 | 376,600 |
11.48 | 11.49 | 11.48 | 11.48 | 762,133 |
Backtest Absolute Software | | | Absolute Software History | | | Absolute Software Valuation | Previous | Next |
Absolute Software Trading Date Momentum on July 21, 2023
On July 24 2023 Absolute Software was traded for 11.48 at the closing time. The top price for the day was 11.49 and the lowest listed price was 11.48 . The trading volume for the day was 762.1 K. The trading history from July 24, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.09% . The overall trading delta against the current closing price is 0.09% . |
Absolute Software Fundamentals Correlations and Trends
By evaluating Absolute Software's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Absolute Software's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Absolute financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Absolute Software Stock history
Absolute Software investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Absolute is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Absolute Software will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Absolute Software stock prices may prove useful in developing a viable investing in Absolute Software
Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada. Absolute Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange.
Absolute Software Stock Technical Analysis
Absolute Software technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
Price Boundaries
Absolute Software Period Price Range
Low | January 19, 2025
| High |
0.00 | 0.00 |
Absolute Software cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Absolute Software January 19, 2025 Market Strength
Market strength indicators help investors to evaluate how Absolute Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Absolute Software shares will generate the highest return on investment. By undertsting and applying Absolute Software stock market strength indicators, traders can identify Absolute Software entry and exit signals to maximize returns
Absolute Software Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Absolute Software's price direction in advance. Along with the technical and fundamental analysis of Absolute Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Absolute to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1252 | |||
Jensen Alpha | 0.5238 | |||
Total Risk Alpha | 0.4744 | |||
Sortino Ratio | 0.5452 | |||
Treynor Ratio | 0.2329 |
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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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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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