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Absolute Software Corporation (ABST.TO)

Equity · Currency in CAD · Last updated Mar 27, 2023

Share Price Chart


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Performance

The chart shows the growth of CA$10,000 invested in Absolute Software Corporation in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly CA$55,322 for a total return of roughly 453.22%. All prices are adjusted for splits and dividends.


100.00%200.00%300.00%400.00%500.00%600.00%700.00%800.00%NovemberDecember2023FebruaryMarch
453.22%
125.98%
ABST.TO (Absolute Software Corporation)
Benchmark (^GSPC)

S&P 500

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Absolute Software Corporation

Return

Absolute Software Corporation had a return of -26.15% year-to-date (YTD) and -0.19% in the last 12 months. Over the past 10 years, Absolute Software Corporation had an annualized return of 10.60%, outperforming the S&P 500 benchmark which had an annualized return of 7.94%.


PeriodReturnBenchmark
1 month-13.99%-0.66%
Year-To-Date-26.15%3.42%
6 months-28.27%6.90%
1 year-0.19%-12.17%
5 years (annualized)12.82%5.86%
10 years (annualized)10.60%7.94%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20239.62%-23.68%
202212.61%2.38%-19.85%8.52%

Sharpe 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 -0.00. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00NovemberDecember2023FebruaryMarch
-0.00
-0.53
ABST.TO (Absolute Software Corporation)
Benchmark (^GSPC)

Dividend History

Absolute Software Corporation granted a 3.85% dividend yield in the last twelve months. The annual payout for that period amounted to CA$0.40 per share.


PeriodTTM2022202120202019201820172016201520142013
DividendCA$0.40CA$0.32CA$0.32CA$0.32CA$0.32CA$0.32CA$0.32CA$0.32CA$0.29CA$0.25CA$0.21

Dividend yield

3.85%2.27%2.79%2.23%3.98%4.66%5.47%6.15%5.01%4.10%4.18%

Monthly Dividends

The table displays the monthly dividend distributions for Absolute Software Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023CA$0.00CA$0.08
2022CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00
2021CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00
2020CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00
2019CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00
2018CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00
2017CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00
2016CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00CA$0.00CA$0.08CA$0.00
2015CA$0.00CA$0.07CA$0.00CA$0.00CA$0.07CA$0.00CA$0.00CA$0.07CA$0.00CA$0.00CA$0.08CA$0.00
2014CA$0.00CA$0.06CA$0.00CA$0.00CA$0.06CA$0.00CA$0.00CA$0.06CA$0.00CA$0.00CA$0.07CA$0.00
2013CA$0.05CA$0.00CA$0.00CA$0.05CA$0.00CA$0.00CA$0.05CA$0.00CA$0.00CA$0.06CA$0.00

Drawdowns Chart

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


-50.00%-40.00%-30.00%-20.00%-10.00%NovemberDecember2023FebruaryMarch
-47.08%
-18.86%
ABST.TO (Absolute Software Corporation)
Benchmark (^GSPC)

Worst 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 96.08%, recorded on Oct 18, 2002. It took 868 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-96.08%Mar 29, 2000568Oct 18, 2002868Sep 14, 20061436
-86.84%Nov 5, 2007265Nov 21, 20082921Jul 15, 20203186
-55.16%Feb 12, 2021311May 10, 2022
-30.59%Oct 16, 202025Nov 19, 202056Feb 10, 202181
-25.38%Jul 13, 200724Aug 16, 200734Oct 4, 200758
-20.84%Sep 3, 20207Sep 14, 202020Oct 13, 202027
-18.82%Nov 14, 200615Dec 4, 200643Feb 6, 200758
-13.83%Mar 20, 200718Apr 13, 200711Apr 30, 200729
-11.93%Feb 22, 20078Mar 5, 20073Mar 8, 200711
-8.27%Sep 15, 20067Sep 25, 20067Oct 4, 200614

Volatility Chart

Current Absolute Software Corporation volatility is 18.54%. 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%NovemberDecember2023FebruaryMarch
18.54%
19.50%
ABST.TO (Absolute Software Corporation)
Benchmark (^GSPC)