Absa Group Financials
| AGRPY Stock | USD 22.17 0.09 0.40% |
Absa |
Understanding current and past Absa Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Absa Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Absa Group's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Absa Group's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Absa Group Ltd. Check Absa Group's Beneish M Score to see the likelihood of Absa Group's management manipulating its earnings.
Absa Group Stock Summary
Absa Group competes with Freedom Bank, HUMANA, Barloworld, Morningstar Unconstrained, and Thrivent High. Absa Group Limited, together with its subsidiaries, provides various financial products and services in South Africa and internationally. Absa Group Limited was incorporated in 1986 and is based in Johannesburg, South Africa. ABSA GROUP operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 35267 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US00400T1025 |
| Business Address | Absa Towers West, |
| Sector | Banks |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.absa.africa |
| Phone | 27 11 350 4000 |
| Currency | USD - US Dollar |
Absa Group Key Financial Ratios
Absa Group's financial ratios allow both analysts and investors to convert raw data from Absa Group's financial statements into concise, actionable information that can be used to evaluate the performance of Absa Group over time and compare it to other companies across industries.| Return On Equity | 0.15 | |||
| Return On Asset | 0.0132 | |||
| Beta | 0.96 | |||
| Last Dividend Paid | 11.25 |
Absa Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Absa Group's current stock value. Our valuation model uses many indicators to compare Absa Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Absa Group competition to find correlations between indicators driving Absa Group's intrinsic value. More Info.Absa Group Ltd is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Absa Group Ltd is roughly 11.64 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Absa Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Absa Group's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Absa Group Systematic Risk
Absa Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Absa Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Absa Group correlated with the market. If Beta is less than 0 Absa Group generally moves in the opposite direction as compared to the market. If Absa Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Absa Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Absa Group is generally in the same direction as the market. If Beta > 1 Absa Group moves generally in the same direction as, but more than the movement of the benchmark.
Absa Group December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Absa Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Absa Group Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Absa Group Ltd based on widely used predictive technical indicators. In general, we focus on analyzing Absa Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Absa Group's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.1003 | |||
| Maximum Drawdown | 13.35 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 5.31 |
Additional Tools for Absa Pink Sheet Analysis
When running Absa Group's price analysis, check to measure Absa Group'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 Group is operating at the current time. Most of Absa Group's value examination focuses on studying past and present price action to predict the probability of Absa Group'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 Group's price. Additionally, you may evaluate how the addition of Absa Group to your portfolios can decrease your overall portfolio volatility.