ABx (Australia) Buy Hold or Sell Recommendation
ABX Stock | 0.06 0 4.92% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding ABx Group is 'Strong Sell'. Macroaxis provides ABx buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ABx positions. The advice algorithm takes into account all of ABx's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ABx's buy or sell advice are summarized below:
Real Value 0.0523 | Hype Value 0.06 | Market Value 0.064 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ABx Group given historical horizon and risk tolerance towards ABx. When Macroaxis issues a 'buy' or 'sell' recommendation for ABx Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
ABx |
Execute ABx Buy or Sell Advice
The ABx recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ABx Group. Macroaxis does not own or have any residual interests in ABx Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ABx's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
ABx Trading Alerts and Improvement Suggestions
ABx Group generated a negative expected return over the last 90 days | |
ABx Group has some characteristics of a very speculative penny stock | |
ABx Group has high historical volatility and very poor performance | |
ABx Group has a very high chance of going through financial distress in the upcoming years | |
The company reported the revenue of 222 K. Net Loss for the year was (1.64 M) with loss before overhead, payroll, taxes, and interest of (3.96 M). | |
About 26.0% of the company shares are held by company insiders | |
Latest headline from news.google.com: ABx Group Reports Cessation of Options - TipRanks.com - TipRanks |
ABx Returns Distribution Density
The distribution of ABx's historical returns is an attempt to chart the uncertainty of ABx's future price movements. The chart of the probability distribution of ABx daily returns describes the distribution of returns around its average expected value. We use ABx Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ABx returns is essential to provide solid investment advice for ABx.
Mean Return | -0.09 | Value At Risk | -7.69 | Potential Upside | 9.38 | Standard Deviation | 4.78 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ABx historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ABx Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (935K) | (8K) | 5.2M | (4.0M) | (70K) | (73.5K) | |
Free Cash Flow | (3.1M) | (1.8M) | (2.9M) | (5.0M) | 2.5M | 2.7M | |
Other Non Cash Items | (407K) | (1.5M) | 2.6M | (964K) | (128K) | (121.6K) | |
Capital Expenditures | 496K | 52K | 91K | 104K | 2.5M | 2.6M | |
Net Income | (2.5M) | (549K) | (5.6M) | (3.5M) | (1.6M) | (1.7M) | |
End Period Cash Flow | 909K | 901K | 6.1M | 2.1M | 2.0M | 2.3M | |
Change To Netincome | (406K) | (1.7M) | 2.9M | (1.0M) | (1.2M) | (1.2M) | |
Investments | 1.1M | 1.1M | 415K | 844K | 759.6K | 566.4K |
ABx Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ABx or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ABx's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ABx stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.13 | |
β | Beta against NYSE Composite | 0.77 | |
σ | Overall volatility | 4.94 | |
Ir | Information ratio | -0.03 |
ABx Volatility Alert
ABx Group exhibits very low volatility with skewness of 0.95 and kurtosis of 7.51. ABx Group is a penny stock. Although ABx may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in ABx Group. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on ABx instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.ABx Fundamentals Vs Peers
Comparing ABx's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ABx's direct or indirect competition across all of the common fundamentals between ABx and the related equities. This way, we can detect undervalued stocks with similar characteristics as ABx or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ABx's fundamental indicators could also be used in its relative valuation, which is a method of valuing ABx by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare ABx to competition |
Fundamentals | ABx | Peer Average |
Return On Equity | -0.14 | -0.31 |
Return On Asset | -0.0648 | -0.14 |
Operating Margin | (25.97) % | (5.51) % |
Current Valuation | 14.39 M | 16.62 B |
Shares Outstanding | 250.04 M | 571.82 M |
Shares Owned By Insiders | 26.07 % | 10.09 % |
Price To Book | 1.33 X | 9.51 X |
Price To Sales | 70.96 X | 11.42 X |
Revenue | 222 K | 9.43 B |
Gross Profit | (3.96 M) | 27.38 B |
EBITDA | (3.15 M) | 3.9 B |
Net Income | (1.64 M) | 570.98 M |
Cash And Equivalents | 2.06 M | 2.7 B |
Book Value Per Share | 0.05 X | 1.93 K |
Cash Flow From Operations | 5.04 M | 971.22 M |
Earnings Per Share | (0.01) X | 3.12 X |
Beta | 0.33 | -0.15 |
Market Capitalization | 15.25 M | 19.03 B |
Total Asset | 21.64 M | 29.47 B |
Retained Earnings | (23.89 M) | 9.33 B |
Working Capital | 289 K | 1.48 B |
Net Asset | 21.64 M |
ABx Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ABx . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.05 | |||
Day Median Price | 0.064 | |||
Day Typical Price | 0.064 | |||
Price Action Indicator | 0.0015 | |||
Period Momentum Indicator | 0.003 |
About ABx Buy or Sell Advice
When is the right time to buy or sell ABx Group? Buying financial instruments such as ABx Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 2.7M | 2.7M | 1.1M | 1.0M | Total Assets | 19.8M | 16.2M | 21.6M | 19.1M |
Use Investing Ideas to Build Portfolios
In addition to having ABx in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recreation Thematic Idea Now
Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 34 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
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Check out ABx Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running ABx's price analysis, check to measure ABx'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 ABx is operating at the current time. Most of ABx's value examination focuses on studying past and present price action to predict the probability of ABx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABx's price. Additionally, you may evaluate how the addition of ABx to your portfolios can decrease your overall portfolio volatility.
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