Abaxx Technologies Stock Number Of Employees
| ABXX Stock | 10.86 0.34 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.
Abaxx | Number Of Employees |
Abaxx Technologies Company Number Of Employees Analysis
Abaxx Technologies' Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
| Competition |
Based on the recorded statements, Abaxx Technologies is currently employing 0.0 people. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The number of employees for all Canada stocks is 100.0% higher than that of the company.
Abaxx Technologies is currently under evaluation in number of employees category among its peers. The total workforce of Information Technology industry is presently estimated at about 0.0. Abaxx Technologies adds roughly 0.0 in number of employees claiming only tiny portion of equities under Information Technology industry.Abaxx Fundamentals
| Return On Equity | -1.11 | ||||
| Return On Asset | -0.53 | ||||
| Operating Margin | (24.09) % | ||||
| Current Valuation | 375.61 M | ||||
| Shares Outstanding | 33.91 M | ||||
| Shares Owned By Insiders | 13.21 % | ||||
| Shares Owned By Institutions | 15.14 % | ||||
| Price To Book | 7.82 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 | (1.40) 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.
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.