Absa Group Limited Stock Performance
| AGRPF Stock | USD 8.11 0.00 0.00% |
Absa Group has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0782, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Absa Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Absa Group is expected to be smaller as well. Absa Group Limited right now shows a risk of 0.63%. Please confirm Absa Group Limited information ratio, kurtosis, as well as the relationship between the Kurtosis and relative strength index , to decide if Absa Group Limited will be following its price patterns.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Absa Group Limited are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Absa Group is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 16.8 B | |
| Total Cashflows From Investing Activities | -3.5 B |
Absa |
Absa Group Relative Risk vs. Return Landscape
If you would invest 772.00 in Absa Group Limited on August 27, 2024 and sell it today you would earn a total of 39.00 from holding Absa Group Limited or generate 5.05% return on investment over 90 days. Absa Group Limited is currently producing 0.0789% returns and takes up 0.6315% volatility of returns over 90 trading days. Put another way, 5% of traded pink sheets are less volatile than Absa, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Absa Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Absa Group's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Absa Group Limited, and traders can use it to determine the average amount a Absa Group's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.125
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | AGRPF | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Absa Group is performing at about 9% of its full potential. 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 Absa Group by adding it to a well-diversified portfolio.
Absa Group Fundamentals Growth
Absa Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Absa Group, and Absa Group fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Absa Pink Sheet performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0132 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.37 % | |||
| Shares Outstanding | 830.57 M | |||
| Price To Earning | 9.72 X | |||
| Price To Book | 1.13 X | |||
| Price To Sales | 0.11 X | |||
| Revenue | 91.32 B | |||
| Cash And Equivalents | 230.9 B | |||
| Cash Per Share | 278.00 X | |||
| Total Debt | 207.19 B | |||
| Book Value Per Share | 156.68 X | |||
| Cash Flow From Operations | 6.47 B | |||
| Earnings Per Share | 1.40 X | |||
| Total Asset | 1.64 T | |||
About Absa Group Performance
By analyzing Absa Group's fundamental ratios, stakeholders can gain valuable insights into Absa Group's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Absa Group has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Absa Group has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Absa Group Limited, together with its subsidiaries, provides various financial products and services in South Africa and internationally. Absa Group Limited was incorporated in 1986 and is based in Johannesburg, South Africa. Absa operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 35267 people.Things to note about Absa Group Limited performance evaluation
Checking the ongoing alerts about Absa Group for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Absa Group Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 61.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Absa Group's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Absa Group's stock is overvalued or undervalued compared to its peers.
- Examining Absa Group's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Absa Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Absa Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Absa Group's pink sheet. These opinions can provide insight into Absa Group's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Absa Pink Sheet analysis
When running Absa Group's price analysis, check to measure Absa Group'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 Group is operating at the current time. Most of Absa Group's value examination focuses on studying past and present price action to predict the probability of Absa Group'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 Group's price. Additionally, you may evaluate how the addition of Absa Group to your portfolios can decrease your overall portfolio volatility.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |