Airboss Of America Stock Performance
| ABSSF Stock | USD 4.15 0.02 0.48% |
On a scale of 0 to 100, AirBoss Of holds a performance score of 6. The firm shows a Beta (market volatility) of 0.0232, which signifies not very significant fluctuations relative to the market. 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. Please check AirBoss Of's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether AirBoss Of's price patterns will revert.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in AirBoss of America are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, AirBoss Of reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
Five Day Return 0.48 | Year To Date Return 12.77 | Ten Year Return (38.97) | All Time Return 315 |
| 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 356.00 in AirBoss of America on January 26, 2024 and sell it today you would earn a total of 59.00 from holding AirBoss of America or generate 16.57% return on investment over 90 days. AirBoss of America is currently producing 0.3054% returns and takes up 3.4269% volatility of returns over 90 trading days. Put another way, 30% of traded otc stocks are less volatile than AirBoss, and 94% 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 = 0.0891
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ABSSF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average AirBoss Of is performing at about 6% of its full potential. 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 it 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
To evaluate AirBoss of America OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when AirBoss Of generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare AirBoss OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand AirBoss of America market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents AirBoss's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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 had very high historical volatility over the last 90 days | |
| 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AirBoss of America. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |