Abacus Mining And Stock Analysis

Abacus Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.95. Some equities with similar Price to Book (P/B) outperform the market in the long run. Abacus Mining last dividend was issued on the 1st of May 2017. The entity had 1:6 split on the 1st of May 2017. Abacus Mining Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It also has an interest in the Jersey Valley gold property located in the Battle Mountain trend of Nevada and a 20 percent interest in the KGHM Ajax copper-gold property located in the southwest side of Kamloops, British Columbia. ABACUS MINING operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange. For more info on Abacus Mining and please contact Michael McInnis at 604-682-0301 or go to https://www.amemining.com.

Abacus Mining Investment Alerts

Abacus Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Abacus Mining's market, we take the total number of its shares issued and multiply it by Abacus Mining'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.

Abacus Profitablity

Management Efficiency

Abacus Mining has return on total asset (ROA) of (0.0399) % which means that it has lost $0.0399 on every $100 spent on assets. This is way below average. Abacus Mining's management efficiency ratios could be used to measure how well Abacus Mining manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 0.05 in 2024, whereas Return On Tangible Assets are likely to drop (0.55) in 2024. At this time, Abacus Mining's Non Currrent Assets Other are fairly stable compared to the past year. Debt To Assets is likely to climb to 4.08 in 2024, whereas Total Assets are likely to drop slightly above 6.1 M in 2024.

Technical Drivers

As of the 25th of April, Abacus Mining shows the mean deviation of 4.69, and Risk Adjusted Performance of 0.0558. Abacus Mining 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Abacus Mining and, which can be compared to its peers. Please confirm Abacus Mining standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Abacus Mining is priced correctly, providing market reflects its regular price of 0.035 per share.

Abacus Mining Price Movement Analysis

Abacus Mining Predictive Daily Indicators

Abacus Mining Forecast Models

Abacus Mining's time-series forecasting models are one of many Abacus Mining's stock 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 Abacus Mining'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Abacus Mining 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 Abacus shares will generate the highest return on investment. We also built our stock 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 Stock such as Abacus Mining. By using and applying Abacus Stock analysis, traders can create a robust methodology for identifying Abacus entry and exit points for their positions.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Mining and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

When running Abacus Mining's price analysis, check to measure Abacus Mining'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 Mining is operating at the current time. Most of Abacus Mining's value examination focuses on studying past and present price action to predict the probability of Abacus Mining'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 Mining's price. Additionally, you may evaluate how the addition of Abacus Mining to your portfolios can decrease your overall portfolio volatility.