Absci Corp Stock Performance
| ABSI Stock | USD 2.75 0.08 2.83% |
The firm shows a Beta (market volatility) of 2.26, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Absci Corp will likely underperform. At this point, Absci Corp has a negative expected return of -0.58%. Please make sure to confirm Absci Corp's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Absci Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Absci Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in December 2024. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
Actual Historical Performance (%)
One Day Return 4.36 | Five Day Return 11.24 | Year To Date Return (22.22) | Ten Year Return (86.71) | All Time Return (86.71) |
1 | Acquisition by Sirosh Joseph of 45180 shares of Absci Corp at 7.19 subject to Rule 16b-3 | 09/05/2024 |
2 | Absci Co. Short Interest Update - MarketBeat | 09/30/2024 |
3 | 10 Trending AI Stocks in October - Insider Monkey | 10/07/2024 |
4 | Disposition of 14543 shares by Sean McClain of Absci Corp at 4.07 subject to Rule 16b-3 | 10/11/2024 |
5 | Is Absci The Best AI Penny Stock to Buy for 2025 | 10/14/2024 |
6 | Disposition of 15606 shares by Bedrick Todd of Absci Corp at 4.07 subject to Rule 16b-3 | 10/16/2024 |
7 | Acquisition by Sirosh Joseph of 11958 shares of Absci Corp subject to Rule 16b-3 | 11/04/2024 |
8 | Absci Corp Q3 2024 Earnings Report Preview What to Look For | 11/11/2024 |
9 | Absci Reports Business Updates and Third Quarter 2024 Financial and Operating Results | 11/12/2024 |
10 | Absci Corp Q3 2024 Earnings Call Highlights Strategic Partnerships and Financial Challenges | 11/13/2024 |
11 | Absci Releases Quarterly Earnings Results, Misses Estimates By 0.05 EPS | 11/15/2024 |
12 | Absci to Participate in the 36th Annual Piper Sandler Healthcare Conference | 11/21/2024 |
| Begin Period Cash Flow | 76.8 M | |
| Free Cash Flow | -65.5 M |
Absci |
Absci Corp Relative Risk vs. Return Landscape
If you would invest 430.00 in Absci Corp on August 29, 2024 and sell it today you would lose (155.00) from holding Absci Corp or give up 36.05% of portfolio value over 90 days. Absci Corp is currently does not generate positive expected returns and assumes 4.8069% risk (volatility on return distribution) over the 90 days horizon. In different words, 42% of stocks are less volatile than Absci, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Absci Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Absci Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Absci Corp, and traders can use it to determine the average amount a Absci Corp'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 = -0.1204
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| Negative Returns | ABSI |
Estimated Market Risk
| 4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.58 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Absci Corp is not performing at its full potential. However, 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 Absci Corp by adding Absci Corp to a well-diversified portfolio.
Absci Corp Fundamentals Growth
Absci Stock prices reflect investors' perceptions of the future prospects and financial health of Absci Corp, and Absci Corp 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 Absci Stock performance.
| Return On Equity | -0.49 | ||||
| Return On Asset | -0.27 | ||||
| Operating Margin | (16.99) % | ||||
| Current Valuation | 200.77 M | ||||
| Shares Outstanding | 114.86 M | ||||
| Price To Book | 1.57 X | ||||
| Price To Sales | 75.08 X | ||||
| Revenue | 5.72 M | ||||
| Gross Profit | (39.8 M) | ||||
| EBITDA | (95.46 M) | ||||
| Net Income | (110.57 M) | ||||
| Cash And Equivalents | 206.02 M | ||||
| Cash Per Share | 2.22 X | ||||
| Total Debt | 15.96 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 7.19 X | ||||
| Book Value Per Share | 1.76 X | ||||
| Cash Flow From Operations | (64.64 M) | ||||
| Earnings Per Share | (0.93) X | ||||
| Market Capitalization | 315.85 M | ||||
| Total Asset | 217.3 M | ||||
| Retained Earnings | (406.5 M) | ||||
| Working Capital | 91.02 M | ||||
About Absci Corp Performance
By evaluating Absci Corp's fundamental ratios, stakeholders can gain valuable insights into Absci Corp's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Absci Corp 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 Absci Corp 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 | 378.54 | 199.46 | |
| Return On Tangible Assets | (0.65) | (0.69) | |
| Return On Capital Employed | (0.62) | (0.65) | |
| Return On Assets | (0.51) | (0.53) | |
| Return On Equity | (0.63) | (0.60) |
Things to note about Absci Corp performance evaluation
Checking the ongoing alerts about Absci Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Absci Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Absci Corp generated a negative expected return over the last 90 days | |
| Absci Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 5.72 M. Net Loss for the year was (110.57 M) with loss before overhead, payroll, taxes, and interest of (39.8 M). | |
| Absci Corp currently holds about 206.02 M in cash with (64.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22. | |
| Roughly 63.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Absci to Participate in the 36th Annual Piper Sandler Healthcare Conference |
- Analyzing Absci Corp'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 Absci Corp's stock is overvalued or undervalued compared to its peers.
- Examining Absci Corp'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 Absci Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Absci Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Absci Corp's stock. These opinions can provide insight into Absci Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Absci Stock analysis
When running Absci Corp's price analysis, check to measure Absci Corp'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 Absci Corp is operating at the current time. Most of Absci Corp's value examination focuses on studying past and present price action to predict the probability of Absci Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Absci Corp's price. Additionally, you may evaluate how the addition of Absci Corp to your portfolios can decrease your overall portfolio volatility.
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