Abaxx Technologies Stock Fundamentals
| ABXX Stock | 11.19 0.33 3.04% |
Abaxx Technologies fundamentals help investors to digest information that contributes to Abaxx Technologies' financial success or failures. It also enables traders to predict the movement of Abaxx Stock. The fundamental analysis module provides a way to measure Abaxx Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Abaxx Technologies stock.
At present, Abaxx Technologies' Minority Interest is projected to increase significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to about 40 K, whereas Net Loss is forecasted to decline to (11.3 M). Abaxx | Select Account or Indicator |
Abaxx Technologies Company Shares Outstanding Analysis
Abaxx Technologies' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Abaxx Technologies Shares Outstanding | 33.91 M |
Most of Abaxx Technologies' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Abaxx Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Abaxx Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Abaxx Technologies has 33.91 M of shares currently outstending. This is 82.14% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The shares outstanding for all Canada stocks is 94.07% higher than that of the company.
Abaxx Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Abaxx Technologies's current stock value. Our valuation model uses many indicators to compare Abaxx Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Abaxx Technologies competition to find correlations between indicators driving Abaxx Technologies's intrinsic value. More Info.Abaxx Technologies is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Abaxx Technologies' earnings, one of the primary drivers of an investment's value.Abaxx Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Abaxx Technologies' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Abaxx Technologies could also be used in its relative valuation, which is a method of valuing Abaxx Technologies by comparing valuation metrics of similar companies.Abaxx Technologies is currently under evaluation in shares outstanding category among its peers.
Abaxx Fundamentals
| Return On Equity | -1.11 | ||||
| Return On Asset | -0.53 | ||||
| Operating Margin | (24.09) % | ||||
| Current Valuation | 379.68 M | ||||
| Shares Outstanding | 33.91 M | ||||
| Shares Owned By Insiders | 13.21 % | ||||
| Shares Owned By Institutions | 15.14 % | ||||
| Price To Book | 7.90 X | ||||
| Price To Sales | 886.27 X | ||||
| Revenue | 428.57 K | ||||
| Gross Profit | (7.83 M) | ||||
| EBITDA | (19.93 M) | ||||
| Net Income | (1.35 M) | ||||
| Book Value Per Share | 1.55 X | ||||
| Cash Flow From Operations | (19.34 M) | ||||
| Earnings Per Share | (1.36) X | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 379.83 M | ||||
| Total Asset | 14 M | ||||
| Retained Earnings | (56.98 M) | ||||
| Working Capital | 8.67 M | ||||
| Net Asset | 14 M |
About Abaxx Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Abaxx Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Abaxx Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Abaxx Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Total Revenue | 247.8 K | 260.2 K |
Pair Trading with Abaxx Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Abaxx Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Abaxx Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Abaxx Stock
Moving against Abaxx Stock
The ability to find closely correlated positions to Abaxx Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abaxx Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abaxx Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Abaxx Technologies to buy it.
The correlation of Abaxx Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abaxx Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abaxx Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Abaxx Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Abaxx Stock
Abaxx Technologies financial ratios help investors to determine whether Abaxx Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Abaxx with respect to the benefits of owning Abaxx Technologies security.