Airboss Of America Stock Performance
| ABSSF Stock | USD 2.72 0.09 3.20% |
The firm shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AirBoss Of's returns are expected to increase less than the market. However, during the bear market, the loss of holding AirBoss Of is expected to be smaller as well. At this point, AirBoss of America has a negative expected return of -0.34%. Please make sure to confirm AirBoss Of's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if AirBoss of America 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 AirBoss of America has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Actual Historical Performance (%)
One Day Return (0.73) | Five Day Return (5.23) | Year To Date Return (26.09) | Ten Year Return (71.58) | All Time Return 172 |
| Begin Period Cash Flow | 87 M | |
| Total Cashflows From Investing Activities | -64.6 M |
AirBoss |
AirBoss Of Relative Risk vs. Return Landscape
If you would invest 345.00 in AirBoss of America on September 1, 2024 and sell it today you would lose (73.00) from holding AirBoss of America or give up 21.16% of portfolio value over 90 days. AirBoss of America is currently producing negative expected returns and takes up 2.8601% volatility of returns over 90 trading days. Put another way, 25% of traded otc stocks are less volatile than AirBoss, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
AirBoss Of Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AirBoss Of's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as AirBoss of America, and traders can use it to determine the average amount a AirBoss Of's 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 = -0.1176
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| Negative Returns | ABSSF |
Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AirBoss Of 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 AirBoss Of by adding AirBoss Of to a well-diversified portfolio.
AirBoss Of Fundamentals Growth
AirBoss OTC Stock prices reflect investors' perceptions of the future prospects and financial health of AirBoss Of, and AirBoss Of 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 AirBoss OTC Stock performance.
| Return On Equity | -0.14 | |||
| Return On Asset | -0.0282 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | (0.04) % | |||
| Current Valuation | 277.42 M | |||
| Shares Outstanding | 27.09 M | |||
| Price To Earning | 4.55 X | |||
| Price To Book | 0.82 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 586.86 M | |||
| EBITDA | 79.59 M | |||
| Cash And Equivalents | 5.12 M | |||
| Cash Per Share | 0.19 X | |||
| Total Debt | 63.21 M | |||
| Debt To Equity | 0.46 % | |||
| Book Value Per Share | 6.86 X | |||
| Cash Flow From Operations | 2.02 M | |||
| Earnings Per Share | 1.19 X | |||
| Total Asset | 443.26 M | |||
About AirBoss Of Performance
By analyzing AirBoss Of's fundamental ratios, stakeholders can gain valuable insights into AirBoss Of's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if AirBoss Of 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 AirBoss Of has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
AirBoss of America Corp., together with its subsidiaries, develops, manufactures, and markets rubber-based products for automotive, heavy commercial, construction and infrastructure, oil and gas, and defense industries in Canada, the United States, and internationally. AirBoss of America Corp. is headquartered in Newmarket, Canada. Airboss Of operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 1361 people.Things to note about AirBoss of America performance evaluation
Checking the ongoing alerts about AirBoss Of for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for AirBoss of America help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| AirBoss of America generated a negative expected return over the last 90 days | |
| AirBoss of America has high likelihood to experience some financial distress in the next 2 years | |
| About 35.0% of the company shares are held by company insiders |
- Analyzing AirBoss Of's 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 AirBoss Of's stock is overvalued or undervalued compared to its peers.
- Examining AirBoss Of's 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 AirBoss Of's management team can have a significant impact on its success or failure. Reviewing the track record and experience of AirBoss Of's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of AirBoss Of's otc stock. These opinions can provide insight into AirBoss Of's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for AirBoss OTC Stock analysis
When running AirBoss Of's price analysis, check to measure AirBoss Of'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 AirBoss Of is operating at the current time. Most of AirBoss Of's value examination focuses on studying past and present price action to predict the probability of AirBoss Of's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AirBoss Of's price. Additionally, you may evaluate how the addition of AirBoss Of to your portfolios can decrease your overall portfolio volatility.
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