Asa Gold And Stock Buy Hold or Sell Recommendation
| ASA Stock | USD 20.39 0.09 0.44% |
Considering the 90-day investment horizon and your way above-average risk tolerance, our recommendation regarding ASA Gold and is 'Strong Hold'. Macroaxis provides ASA Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASA Gold positions.
Check out ASA Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as ASA and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
ASA |
Execute ASA Gold Buy or Sell Advice
The ASA recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ASA Gold and. Macroaxis does not own or have any residual interests in ASA Gold and or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ASA Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
ASA Gold Trading Alerts and Improvement Suggestions
| ASA Gold has high likelihood to experience some financial distress in the next 2 years | |
| About 60.0% of the company shares are held by institutions such as insurance companies | |
| On 20th of November 2024 ASA Gold paid $ 0.02 per share dividend to its current shareholders | |
| Latest headline from globenewswire.com: Hexagon Purus ASA Share capital increase registered |
ASA Gold Returns Distribution Density
The distribution of ASA Gold's historical returns is an attempt to chart the uncertainty of ASA Gold's future price movements. The chart of the probability distribution of ASA Gold daily returns describes the distribution of returns around its average expected value. We use ASA Gold and price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ASA Gold returns is essential to provide solid investment advice for ASA Gold.
| Mean Return | 0.08 | Value At Risk | -2.44 | Potential Upside | 2.91 | Standard Deviation | 1.67 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ASA Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ASA Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ASA Gold or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ASA Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ASA stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 1.63 | |
Ir | Information ratio | -0.03 |
ASA Gold Volatility Alert
ASA Gold and has relatively low volatility with skewness of -0.07 and kurtosis of 2.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ASA Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ASA Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ASA Gold Fundamentals Vs Peers
Comparing ASA Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ASA Gold's direct or indirect competition across all of the common fundamentals between ASA Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as ASA Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ASA Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing ASA Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ASA Gold to competition |
| Fundamentals | ASA Gold | Peer Average |
| Return On Equity | 0.23 | -0.31 |
| Return On Asset | -0.0069 | -0.14 |
| Profit Margin | 43.74 % | (1.27) % |
| Operating Margin | (1.91) % | (5.51) % |
| Current Valuation | 380.65 M | 16.62 B |
| Shares Outstanding | 19.1 M | 571.82 M |
| Shares Owned By Insiders | 0.73 % | 10.09 % |
| Shares Owned By Institutions | 60.01 % | 39.21 % |
| Number Of Shares Shorted | 18.61 K | 4.71 M |
| Price To Earning | 1.70 X | 28.72 X |
| Price To Book | 0.95 X | 9.51 X |
| Price To Sales | 195.39 X | 11.42 X |
| Revenue | 2.39 M | 9.43 B |
| Gross Profit | 2.55 M | 27.38 B |
| EBITDA | 9.54 M | 3.9 B |
| Net Income | 9.73 M | 570.98 M |
| Cash And Equivalents | 1.19 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 706.53 K | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 2.78 X | 2.16 X |
| Book Value Per Share | 22.10 X | 1.93 K |
| Cash Flow From Operations | 18.35 M | 971.22 M |
| Short Ratio | 0.46 X | 4.00 X |
| Earnings Per Share | 3.25 X | 3.12 X |
| Beta | 1.19 | -0.15 |
| Market Capitalization | 381.5 M | 19.03 B |
| Total Asset | 335.62 M | 29.47 B |
| Retained Earnings | 314.25 M | 9.33 B |
| Annual Yield | 0 % | |
| Five Year Return | 0.20 % | |
| Net Asset | 335.62 M | |
| Last Dividend Paid | 0.03 |
Note: Purchase by Saba Capital Management Lp of 3297 shares of ASA Gold [view details]
ASA Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ASA . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About ASA Gold Buy or Sell Advice
When is the right time to buy or sell ASA Gold and? Buying financial instruments such as ASA Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having ASA Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Gold ETFs Thematic Idea Now
Gold ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Gold ETFs theme has 19 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold ETFs Theme or any other thematic opportunities.
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Check out ASA Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASA Gold. If investors know ASA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASA Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.282 | Dividend Share 0.03 | Earnings Share 3.25 | Revenue Per Share 0.104 | Quarterly Revenue Growth (0.44) |
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.