Absa Group Limited Stock Analysis

Absa Pink Sheet 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 1.13. Some equities with similar Price to Book (P/B) outperform the market in the long run. Absa Group Limited last dividend was issued on the 14th of September 2022. 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 operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 35267 people.The quote for Absa Group Limited is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Absa Group Limited please contact the company at 27 11 350 4000 or go to https://www.absa.africa.

Absa Group Limited Investment Alerts

Absa Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.29 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Absa Group's market, we take the total number of its shares issued and multiply it by Absa Group'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 21st of July, Absa Group shows the Mean Deviation of 0.1671, standard deviation of 0.6892, and Risk Adjusted Performance of 0.1114. Absa Group Limited 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 Limited risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if Absa Group Limited is priced correctly, providing market reflects its regular price of 8.11 per share. Given that Absa Group has variance of 0.475, we suggest you to validate Absa Group Limited's prevailing market performance to make sure the company can sustain itself at a future point.

Absa Group Limited Price Movement Analysis

Absa Group Predictive Daily Indicators

Absa Group Forecast Models

Absa Group's time-series forecasting models are one of many Absa Group's pink sheet 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 Group'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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Absa Group prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Absa shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Absa Group. By using and applying Absa Pink Sheet analysis, traders can create a robust methodology for identifying Absa entry and exit points for their positions.

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.