Absa (South Africa) Analysis

Absa Stock Analysis Notes

About 61.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.18. Some equities with similar Price to Book (P/B) outperform the market in the long run. Absa Group recorded earning per share (EPS) of 24.15. The entity last dividend was issued on the 14th of September 2022. For more info on Absa Group please contact the company at 27 11 350 4000 or go to https://www.absa.africa.

Absa Group Investment Alerts

Absa Market Capitalization

The company currently falls under 'Mega-Cap' category with a current market capitalization of 123.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Absa's market, we take the total number of its shares issued and multiply it by Absa's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Absa Profitablity

The company has Profit Margin (PM) of 0.24 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.37 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.37.

Technical Drivers

As of the 28th of November, Absa shows the Risk Adjusted Performance of 0.0541, downside deviation of 1.0, and Mean Deviation of 0.8098. Absa Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. 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 is priced correctly, providing market reflects its regular price of 17300.0 per share.

Absa Group Price Movement Analysis

Absa Outstanding Bonds

Absa Predictive Daily Indicators

Absa Forecast Models

Absa's time-series forecasting models are one of many Absa's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Absa's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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.