Abacus Mining And Stock Performance
| AME Stock | CAD 0.02 0.00 0.00% |
Abacus Mining holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Abacus Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Abacus Mining is expected to be smaller as well. Use Abacus Mining standard deviation, as well as the relationship between the maximum drawdown and kurtosis , to analyze future returns on Abacus Mining.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Abacus Mining and are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Abacus Mining showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:6 | Dividend Date 2017-05-01 | Last Split Date 2017-05-01 |
1 | Stocks In Play First Mining Gold Corp. - Barchart | 11/05/2024 |
| Begin Period Cash Flow | 76.7 K |
Abacus |
Abacus Mining Relative Risk vs. Return Landscape
If you would invest 2.00 in Abacus Mining and on September 12, 2024 and sell it today you would earn a total of 0.00 from holding Abacus Mining and or generate 0.0% return on investment over 90 days. Abacus Mining and is currently producing 1.3228% returns and takes up 17.013% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Abacus, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Abacus Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abacus Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Abacus Mining and, and traders can use it to determine the average amount a Abacus Mining'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 = 0.0777
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Estimated Market Risk
| 17.01 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.32 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Abacus Mining is performing at about 6% 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 Abacus Mining by adding it to a well-diversified portfolio.
Abacus Mining Fundamentals Growth
Abacus Stock prices reflect investors' perceptions of the future prospects and financial health of Abacus Mining, and Abacus Mining 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 Abacus Stock performance.
| Return On Asset | -0.0358 | |||
| Current Valuation | 32.83 M | |||
| Shares Outstanding | 149.11 M | |||
| Price To Earning | (0.57) X | |||
| Price To Book | 0.95 X | |||
| EBITDA | (462.52 K) | |||
| Net Income | (1.67 M) | |||
| Cash And Equivalents | 1.12 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 27.51 M | |||
| Debt To Equity | 138.50 % | |||
| Current Ratio | 0.06 X | |||
| Book Value Per Share | (0.16) X | |||
| Cash Flow From Operations | (424.6 K) | |||
| Earnings Per Share | (0.03) X | |||
| Market Capitalization | 2.98 M | |||
| Total Asset | 7.89 M | |||
| Retained Earnings | (117.87 M) | |||
| Working Capital | (27.67 M) | |||
About Abacus Mining Performance
Evaluating Abacus Mining's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Abacus Mining 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 Abacus Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.18 | 0.16 | |
| Return On Tangible Assets | (0.21) | (0.22) | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | (0.21) | (0.22) | |
| Return On Equity | 0.08 | 0.08 |
Things to note about Abacus Mining performance evaluation
Checking the ongoing alerts about Abacus Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Abacus Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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. |
- Analyzing Abacus Mining'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 Abacus Mining's stock is overvalued or undervalued compared to its peers.
- Examining Abacus Mining'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 Abacus Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Abacus Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Abacus Mining's stock. These opinions can provide insight into Abacus Mining's potential for growth and whether the stock is currently undervalued or overvalued.
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.