ABSA Bank (South Africa) Today
| ABSP Stock | 87,199 297.00 0.34% |
Performance8 of 100
| Odds Of DistressLess than 9
|
ABSA Bank is selling for under 87199.00 as of the 21st of November 2024; that is 0.34 percent increase since the beginning of the trading day. The stock's lowest day price was 87001.0. ABSA Bank has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for ABSA Bank Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
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ABSA Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ABSA Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ABSA Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Banks, Banks-Regional, Financial Services (View all Sectors) |
ABSA Bank Limited (ABSP) is traded on Johannesburg Exchange in South Africa and employs 25,908 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 325.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ABSA Bank's market, we take the total number of its shares issued and multiply it by ABSA Bank'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 Bank Limited operates under Financial Services sector and is part of Banks-Regional industry. The entity has 448.3 M outstanding shares.
ABSA Bank generates negative cash flow from operations
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Ownership AllocationABSA Bank holds a total of 448.3 Million outstanding shares. ABSA Bank Limited retains considerable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.
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ABSA Bank Limited Risk Profiles
Although ABSA Bank's alpha and beta are two of the key measurements used to evaluate ABSA Bank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7437 | |||
| Semi Deviation | 0.8922 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.22 |
ABSA Stock Against Markets
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ABSA Bank Corporate Management
Elected by the shareholders, the ABSA Bank's board of directors comprises two types of representatives: ABSA Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ABSA. The board's role is to monitor ABSA Bank's management team and ensure that shareholders' interests are well served. ABSA Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ABSA Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Wilhelm Krige | Interim Officer | Profile | |
| Charles Russon | Chief Operations | Profile | |
| Punki Modise | Group Officer | Profile | |
| Akash Singh | Group Officer | Profile | |
| Thabo Mashaba | Interim Officer | Profile | |
| Nelisiwe Baloyi | Head Mang | Profile | |
| Arrie Rautenbach | Group Director | Profile |
Additional Tools for ABSA Stock Analysis
When running ABSA Bank's price analysis, check to measure ABSA Bank'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 Bank is operating at the current time. Most of ABSA Bank's value examination focuses on studying past and present price action to predict the probability of ABSA Bank'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 Bank's price. Additionally, you may evaluate how the addition of ABSA Bank to your portfolios can decrease your overall portfolio volatility.