Absa (South Africa) Performance
| ABG Stock | 17,250 31.00 0.18% |
Absa has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0387, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Absa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Absa is expected to be smaller as well. Absa Group right now shows a risk of 1.03%. Please confirm Absa Group value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Absa Group will be following its price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Absa Group are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Absa is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 16.8 B | |
| Total Cashflows From Investing Activities | -3.5 B |
Absa |
Absa Relative Risk vs. Return Landscape
If you would invest 1,686,667 in Absa Group on September 1, 2024 and sell it today you would earn a total of 38,333 from holding Absa Group or generate 2.27% return on investment over 90 days. Absa Group is generating 0.0398% of daily returns and assumes 1.0292% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than Absa, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Absa Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Absa's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Absa Group, and traders can use it to determine the average amount a Absa'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 = 0.0387
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ABG |
Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Absa is performing at about 3% 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 by adding it to a well-diversified portfolio.
Absa Fundamentals Growth
Absa Stock prices reflect investors' perceptions of the future prospects and financial health of Absa, and Absa 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 Stock performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0132 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.37 % | |||
| Current Valuation | 67.64 B | |||
| Shares Outstanding | 830.57 M | |||
| Price To Book | 1.18 X | |||
| Price To Sales | 1.91 X | |||
| Revenue | 91.32 B | |||
| EBITDA | 67.78 B | |||
| Book Value Per Share | 156.68 X | |||
| Cash Flow From Operations | 6.47 B | |||
| Earnings Per Share | 24.15 X | |||
| Total Asset | 1.64 T | |||
About Absa Performance
By analyzing Absa's fundamental ratios, stakeholders can gain valuable insights into Absa's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Absa 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 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Absa Group performance evaluation
Checking the ongoing alerts about Absa for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Absa Group 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'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's stock is overvalued or undervalued compared to its peers.
- Examining Absa'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's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Absa's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Absa's stock. These opinions can provide insight into Absa's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Absa Stock analysis
When running Absa's price analysis, check to measure Absa'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 is operating at the current time. Most of Absa's value examination focuses on studying past and present price action to predict the probability of Absa'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's price. Additionally, you may evaluate how the addition of Absa to your portfolios can decrease your overall portfolio volatility.
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