Asana Inc Stock Price on October 23, 2024
| ASAN Stock | USD 21.59 1.14 5.02% |
Below is the normalized historical share price chart for Asana Inc extending back to September 30, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Asana stands at 21.59, as last reported on the 29th of December, with the highest price reaching 22.80 and the lowest price hitting 21.34 during the day.
If you're considering investing in Asana Stock, it is important to understand the factors that can impact its price. Asana is somewhat reliable given 3 months investment horizon. Asana Inc secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.16% are justified by taking the suggested risk. Use Asana risk adjusted performance of 0.1448, and Mean Deviation of 3.32 to evaluate company specific risk that cannot be diversified away.
At this time, Asana's Total Stockholder Equity is very stable compared to the past year. As of the 29th of December 2024, Other Stockholder Equity is likely to grow to about 1.9 B, while Common Stock Total Equity is likely to drop 1,760. . At this time, Asana's Price Book Value Ratio is very stable compared to the past year. As of the 29th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.37, while Price To Sales Ratio is likely to drop 5.59. Asana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of September 2020 | 200 Day MA 14.433 | 50 Day MA 16.634 | Beta 1.134 |
Asana |
Sharpe Ratio = 0.1757
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ASAN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.59 actual daily | 58 58% of assets are less volatile |
Expected Return
| 1.16 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Asana is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Asana by adding it to a well-diversified portfolio.
Price Book 20.6383 | Enterprise Value Ebitda (13.20) | Price Sales 7.164 | Shares Float 84 M | Wall Street Target Price 18.9438 |
Asana Valuation on October 23, 2024
It is possible to determine the worth of Asana on a given historical date. On October 23, 2024 Asana was worth 12.25 at the beginning of the trading date compared to the closed value of 11.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asana stock. Still, in general, we apply an absolute valuation method to find Asana's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Asana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asana's related companies.
| Open | High | Low | Close | Volume | |
| 12.09 | 12.25 | 11.98 | 12.23 | 1,710,433 | |
10/23/2024 | 12.25 | 12.47 | 11.72 | 11.76 | 1,657,901 |
| 11.94 | 12.10 | 11.81 | 11.95 | 1,043,014 |
| Backtest Asana | | | Asana History | | | Asana Valuation | Previous | Next |
Asana Trading Date Momentum on October 23, 2024
| On October 24 2024 Asana Inc was traded for 11.95 at the closing time. The top price for the day was 12.10 and the lowest listed price was 11.81 . The trading volume for the day was 1 M. The trading history from October 24, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.62% . The overall trading delta against the current closing price is 7.57% . |
Asana Inc Fundamentals Correlations and Trends
By evaluating Asana's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Asana's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asana Stock history
Asana investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Asana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asana Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Asana stock prices may prove useful in developing a viable investing in Asana
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 220.4 M | 195.5 M | |
| Net Loss | -367 M | -348.6 M |
Asana Quarterly Net Working Capital |
|
Asana Stock Technical Analysis
Asana technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Asana Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Asana Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Asana December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Asana stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asana shares will generate the highest return on investment. By undertsting and applying Asana stock market strength indicators, traders can identify Asana Inc entry and exit signals to maximize returns
Asana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asana's price direction in advance. Along with the technical and fundamental analysis of Asana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asana to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1448 | |||
| Jensen Alpha | 1.11 | |||
| Total Risk Alpha | 0.918 | |||
| Sortino Ratio | 0.3353 | |||
| Treynor Ratio | (2.37) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asana Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Systems Software 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 Asana. If investors know Asana 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 Asana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.12) | Revenue Per Share 3.053 | Quarterly Revenue Growth 0.103 | Return On Assets (0.18) | Return On Equity (0.83) |
The market value of Asana Inc is measured differently than its book value, which is the value of Asana that is recorded on the company's balance sheet. Investors also form their own opinion of Asana's value that differs from its market value or its book value, called intrinsic value, which is Asana'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 Asana's market value can be influenced by many factors that don't directly affect Asana'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 Asana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asana'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.