Performance analysis of Absolute Software (ABST)
Annual Return
Over the past 3 years, ABST has had an average annual return of +0%
Over the past 5 years, ABST has had an average annual return of -5.94%, underperforming the benchmark SPY, which returned +3.11% annual.
Since Oct 28, 2020, ABST has had an average annual return of +3.69%, underperforming the benchmark SPY, which returned +14.31% annual.
| 2023 | 2022 | 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +11.39% | +14.04% | -19.43% | +7.93% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +11.21% | -25.55% | -8.95% | -0.64% | +45.10% | +2.24% | +0.25% | +11.39% | |||||
| 2022 | -14.45% | +13.31% | -6.41% | -9.19% | +21.79% | -6.99% | +6.94% | +17.47% | +7.49% | +3.45% | -18.80% | +7.73% | +14.04% |
| 2021 | +6.04% | +20.74% | -8.69% | +7.85% | -6.66% | +4.17% | -5.39% | -10.24% | -10.21% | +2.27% | -20.76% | +6.33% | -19.43% |
| 2020 | +1.62% | -8.15% | +15.63% | +7.93% |
Drawdown analysis of Absolute Software (ABST)
The maximum drawdown for the ABST was -56.23%, occurring on May 10, 2022. This drawdown has not yet recovered.
The current ABST drawdown is -24.99%.
Since Oct 28, 2020 ABST has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 2 times
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.23% | Feb 11, 2021 | 313 | May 10, 2022 | Ongoing | Ongoing | Ongoing |
| -20.96% | Nov 5, 2020 | 10 | Nov 19, 2020 | 22 | Dec 22, 2020 | 32 |
| -7.88% | Jan 13, 2021 | 11 | Jan 29, 2021 | 5 | Feb 5, 2021 | 16 |
| -4.46% | Oct 29, 2020 | 3 | Nov 3, 2020 | 1 | Nov 4, 2020 | 4 |
| -4.30% | Dec 28, 2020 | 4 | Jan 4, 2021 | 5 | Jan 11, 2021 | 9 |
| -4.18% | Dec 22, 2020 | 1 | Dec 23, 2020 | 2 | Dec 28, 2020 | 3 |