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Abraxas Petroleum Corporation (AXAS)

Equity · Currency in USD · Last updated Mar 18, 2023

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Abraxas Petroleum Corporation in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $67 for a total return of roughly -99.33%. All prices are adjusted for splits and dividends.


-40.00%-20.00%0.00%20.00%40.00%NovemberDecember2023FebruaryMarch
-30.21%
6.48%
AXAS (Abraxas Petroleum Corporation)
Benchmark (^GSPC)

S&P 500

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Abraxas Petroleum Corporation

Popular comparisons: AXAS vs. FXAIX

Return

Abraxas Petroleum Corporation had a return of -0.48% year-to-date (YTD) and -57.90% in the last 12 months. Over the past 10 years, Abraxas Petroleum Corporation had an annualized return of -33.48%, while the S&P 500 had an annualized return of 9.71%, indicating that Abraxas Petroleum Corporation did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month6.43%-5.31%
Year-To-Date-0.48%2.01%
6 months-48.57%0.39%
1 year-57.90%-10.12%
5 years (annualized)-55.30%7.32%
10 years (annualized)-33.48%9.71%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202315.58%-12.36%
2022-44.30%69.88%-20.57%-31.25%

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 Abraxas Petroleum Corporation Sharpe ratio is -0.58. 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.


-0.80-0.60-0.40-0.200.000.20NovemberDecember2023FebruaryMarch
-0.58
-0.43
AXAS (Abraxas Petroleum Corporation)
Benchmark (^GSPC)

Dividend History


Abraxas Petroleum Corporation doesn't pay dividends

Drawdowns Chart

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


-100.00%-80.00%-60.00%-40.00%-20.00%NovemberDecember2023FebruaryMarch
-99.80%
-18.34%
AXAS (Abraxas Petroleum Corporation)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Abraxas Petroleum 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 Abraxas Petroleum Corporation is 99.85%, recorded on Dec 30, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.85%Nov 7, 19976076Dec 30, 2021
-65.74%Mar 18, 1994365Feb 26, 1996192Jan 17, 1997557
-50%May 8, 199121Sep 12, 199118Nov 14, 199139
-29.73%Jan 21, 199721Feb 19, 1997112Jul 30, 1997133
-27.55%Aug 25, 199358Nov 30, 199373Mar 17, 1994131
-18.18%Jan 27, 199310Feb 10, 199337May 20, 199347
-10.83%Aug 1, 199730Sep 12, 199718Oct 8, 199748
-10.34%Sep 29, 19921Sep 29, 19921Sep 30, 19922
-10.34%Oct 5, 19921Oct 5, 19922Oct 8, 19923
-10.34%Oct 9, 19923Oct 14, 19925Oct 23, 19928

Volatility Chart

Current Abraxas Petroleum Corporation volatility is 82.91%. 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.


0.00%50.00%100.00%150.00%200.00%250.00%300.00%NovemberDecember2023FebruaryMarch
82.91%
21.17%
AXAS (Abraxas Petroleum Corporation)
Benchmark (^GSPC)