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Absolute Software Corporation (ABST.TO)

Equity · Currency in CAD · Last updated Nov 29, 2022

Company Info

ISINCA00386B1094
CUSIP00386B109
SectorTechnology
IndustrySoftware—Application

ABST.TOShare Price Chart


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ABST.TOPerformance

The chart shows the growth of CA$10,000 invested in Absolute Software Corporation in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly CA$34,804 for a total return of roughly 248.04%. All prices are adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovember
14.28%
-3.36%
ABST.TO (Absolute Software Corporation)
Benchmark (^GSPC)

ABST.TOCompare to other instruments

Search for stocks, ETFs, and funds to compare with ABST.TO

ABST.TOReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-19.08%1.61%
6M11.30%-4.69%
YTD13.52%-18.88%
1Y20.53%-16.91%
5Y17.16%5.45%
10Y14.53%8.94%

ABST.TOMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-13.57%12.35%-7.78%-6.64%19.74%-5.05%6.40%20.90%12.61%2.38%-19.48%
20216.47%20.98%-10.19%5.50%-8.35%6.73%-4.57%-9.41%-9.79%-0.14%-17.16%3.67%
202011.38%-0.75%-9.64%24.01%25.34%3.83%14.70%1.52%1.06%-6.74%-10.81%13.31%
20196.46%12.26%-0.65%-2.20%-4.88%-4.89%-7.14%7.51%-3.43%1.97%9.10%3.82%
20183.63%-8.94%3.43%4.97%0.54%-0.00%6.06%8.25%-4.83%2.80%7.73%-5.72%
20179.72%4.77%4.00%2.39%3.36%-2.79%3.52%-5.35%4.03%7.74%-17.65%1.03%
2016-10.47%4.05%-8.32%7.96%1.07%2.07%15.63%-10.24%1.27%-11.40%-1.28%2.74%
20158.37%17.20%-1.08%-1.98%-5.99%-2.92%-15.13%10.17%-4.44%8.42%-2.23%-10.89%
20142.60%0.17%-0.43%-2.27%-3.95%5.50%-2.90%6.48%-4.53%5.04%10.40%4.77%
20138.63%-3.82%2.09%21.33%10.12%-4.47%2.78%1.56%2.54%1.65%-4.76%-0.57%
2012-3.85%14.74%14.68%6.56%-14.41%-3.51%-9.27%-13.83%7.44%-13.42%26.00%1.19%
2011-0.81%1.09%-14.56%7.26%29.41%-3.41%-2.35%-5.54%0.51%30.45%-13.03%10.51%
201014.45%3.44%-8.56%-23.05%-5.41%-0.24%5.01%-6.14%-4.36%0.25%-12.88%7.25%

ABST.TOSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Absolute Software Corporation Sharpe ratio is 0.38. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50JulyAugustSeptemberOctoberNovember
0.38
-0.78
ABST.TO (Absolute Software Corporation)
Benchmark (^GSPC)

ABST.TODividend History

Absolute Software Corporation granted a 2.44% dividend yield in the last twelve months. The annual payout for that period amounted to CA$0.32 per share.


PeriodTTM202120202019201820172016201520142013201220112010
DividendCA$0.32CA$0.32CA$0.32CA$0.32CA$0.32CA$0.32CA$0.32CA$0.29CA$0.25CA$0.21CA$0.00CA$0.00CA$0.00

Dividend yield

2.44%2.78%2.22%3.96%4.63%5.45%6.12%4.98%4.07%4.16%0.00%0.00%0.00%

ABST.TODrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-33.66%
-19.33%
ABST.TO (Absolute Software Corporation)
Benchmark (^GSPC)

ABST.TOWorst Drawdowns

The table below shows the maximum drawdowns of the Absolute Software Corporation. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Absolute Software Corporation is 55.47%, recorded on Apr 19, 2011. It took 511 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.47%Jan 18, 2010316Apr 19, 2011511May 2, 2013827
-55.16%Feb 12, 2021311May 10, 2022
-42.54%Apr 10, 2015210Feb 9, 2016755Feb 12, 2019965
-31.59%Feb 13, 202024Mar 18, 202029Apr 29, 202053
-30.59%Oct 16, 202025Nov 19, 202056Feb 10, 202181
-21.08%Oct 25, 2013142May 20, 2014128Nov 20, 2014270
-20.84%Sep 3, 20207Sep 14, 202020Oct 13, 202027
-19.41%Mar 19, 201997Aug 6, 2019107Jan 9, 2020204
-10.98%Aug 14, 201319Sep 10, 201318Oct 4, 201337
-10.45%May 22, 201324Jun 24, 201328Aug 2, 201352

ABST.TOVolatility Chart

Current Absolute Software Corporation volatility is 43.14%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


20.00%40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovember
43.14%
13.39%
ABST.TO (Absolute Software Corporation)
Benchmark (^GSPC)