ABACUS STORAGE (Australia) Price on October 1, 2024
| ASK Stock | 1.15 0.02 1.71% |
If you're considering investing in ABACUS Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABACUS STORAGE stands at 1.15, as last reported on the 22nd of December, with the highest price reaching 1.18 and the lowest price hitting 1.15 during the day. ABACUS STORAGE KING retains Efficiency (Sharpe Ratio) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. ABACUS STORAGE exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABACUS STORAGE's market risk adjusted performance of 1.34, and Variance of 1.86 to double-check the risk estimate we provide.
ABACUS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ABACUS |
Sharpe Ratio = -0.1388
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Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ABACUS STORAGE 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 ABACUS STORAGE by adding ABACUS STORAGE to a well-diversified portfolio.
Price Book 0.7138 | Enterprise Value Ebitda 14.0498 | Price Sales 6.8542 | Shares Float 749.5 M | Wall Street Target Price 1.3767 |
ABACUS STORAGE Valuation on October 1, 2024
It is possible to determine the worth of ABACUS STORAGE on a given historical date. On October 1, 2024 ABACUS was worth 1.32 at the beginning of the trading date compared to the closed value of 1.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABACUS STORAGE stock. Still, in general, we apply an absolute valuation method to find ABACUS STORAGE's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ABACUS STORAGE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABACUS STORAGE's related companies.
| Open | High | Low | Close | Volume | |
| 1.32 | 1.34 | 1.32 | 1.33 | 822,216 | |
10/01/2024 | 1.32 | 1.33 | 1.31 | 1.32 | 483,907 |
| 1.33 | 1.33 | 1.30 | 1.30 | 1,121,170 |
| Backtest ABACUS STORAGE | | | ABACUS STORAGE History | | | ABACUS STORAGE Valuation | Previous | Next |
ABACUS STORAGE Trading Date Momentum on October 1, 2024
| On October 02 2024 ABACUS STORAGE KING was traded for 1.30 at the closing time. The maximum traded price for the trading interval was 1.33 and the lowest daily price was 1.30 . The daily volume was recorded at 1.1 M. The volume of trading on 2nd of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.52% . The overall trading delta to the closing price today is 0.76% . |
ABACUS STORAGE KING Fundamentals Correlations and Trends
By evaluating ABACUS STORAGE's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ABACUS STORAGE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABACUS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ABACUS STORAGE Stock history
ABACUS STORAGE investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ABACUS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABACUS STORAGE KING will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ABACUS STORAGE stock prices may prove useful in developing a viable investing in ABACUS STORAGE
ABACUS STORAGE Stock Technical Analysis
ABACUS STORAGE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
ABACUS STORAGE Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
ABACUS STORAGE KING cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ABACUS STORAGE December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how ABACUS STORAGE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABACUS STORAGE shares will generate the highest return on investment. By undertsting and applying ABACUS STORAGE stock market strength indicators, traders can identify ABACUS STORAGE KING entry and exit signals to maximize returns
ABACUS STORAGE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABACUS STORAGE's price direction in advance. Along with the technical and fundamental analysis of ABACUS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABACUS to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 1.33 |
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Additional Tools for ABACUS Stock Analysis
When running ABACUS STORAGE's price analysis, check to measure ABACUS STORAGE'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 ABACUS STORAGE is operating at the current time. Most of ABACUS STORAGE's value examination focuses on studying past and present price action to predict the probability of ABACUS STORAGE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABACUS STORAGE's price. Additionally, you may evaluate how the addition of ABACUS STORAGE to your portfolios can decrease your overall portfolio volatility.