Abaxx Technologies Stock Performance
| ABXX Stock | 11.08 0.20 1.77% |
The firm shows a Beta (market volatility) of 0.001, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Abaxx Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Abaxx Technologies is expected to be smaller as well. At this point, Abaxx Technologies has a negative expected return of -0.17%. Please make sure to confirm Abaxx Technologies' semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Abaxx Technologies 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 Abaxx Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's technical and fundamental indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
Last Split Factor 1:3 | Last Split Date 2023-05-23 |
1 | Abaxx Expands Stake in MineHub Technologies - TipRanks | 11/18/2024 |
2 | Abaxx Technologies Momentum Rank 10 - GuruFocus.com | 12/05/2024 |
3 | Abaxx Technologies Completes Private Placement Financing to Bolster Market Operations - TipRanks | 01/24/2025 |
| Begin Period Cash Flow | 5.2 M | |
| End Period Cash Flow | 1.1 M |
Abaxx |
Abaxx Technologies Relative Risk vs. Return Landscape
If you would invest 1,250 in Abaxx Technologies on November 5, 2024 and sell it today you would lose (142.00) from holding Abaxx Technologies or give up 11.36% of portfolio value over 90 days. Abaxx Technologies is generating negative expected returns and assumes 2.4183% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Abaxx, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Abaxx Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abaxx Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Abaxx Technologies, and traders can use it to determine the average amount a Abaxx Technologies' 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 = -0.0686
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Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Abaxx Technologies 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 Abaxx Technologies by adding Abaxx Technologies to a well-diversified portfolio.
Abaxx Technologies Fundamentals Growth
Abaxx Stock prices reflect investors' perceptions of the future prospects and financial health of Abaxx Technologies, and Abaxx Technologies 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 Abaxx Stock performance.
| Return On Equity | -1.11 | ||||
| Return On Asset | -0.53 | ||||
| Operating Margin | (24.09) % | ||||
| Current Valuation | 375.61 M | ||||
| Shares Outstanding | 33.91 M | ||||
| Price To Book | 7.82 X | ||||
| Price To Sales | 892.60 X | ||||
| Revenue | 428.57 K | ||||
| 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 | ||||
| Total Asset | 14 M | ||||
| Retained Earnings | (56.98 M) | ||||
About Abaxx Technologies Performance
By analyzing Abaxx Technologies' fundamental ratios, stakeholders can gain valuable insights into Abaxx Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Abaxx Technologies 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 Abaxx Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Abaxx Technologies is entity of Canada. It is traded as Stock on NEO exchange.Things to note about Abaxx Technologies performance evaluation
Checking the ongoing alerts about Abaxx Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Abaxx Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Abaxx Technologies generated a negative expected return over the last 90 days | |
| Abaxx Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 428.57 K. Net Loss for the year was (1.35 M) with loss before overhead, payroll, taxes, and interest of (7.83 M). | |
| Abaxx Technologies generates negative cash flow from operations | |
| About 13.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Abaxx Technologies Completes Private Placement Financing to Bolster Market Operations - TipRanks |
- Analyzing Abaxx Technologies' 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 Abaxx Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Abaxx Technologies' 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 Abaxx Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Abaxx Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Abaxx Technologies' stock. These opinions can provide insight into Abaxx Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Abaxx Stock analysis
When running Abaxx Technologies' price analysis, check to measure Abaxx Technologies' 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 Abaxx Technologies is operating at the current time. Most of Abaxx Technologies' value examination focuses on studying past and present price action to predict the probability of Abaxx Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abaxx Technologies' price. Additionally, you may evaluate how the addition of Abaxx Technologies to your portfolios can decrease your overall portfolio volatility.
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