Ascendant Resources Stock Price on October 24, 2024
| ASND Stock | CAD 0.05 0.01 25.00% |
Below is the normalized historical share price chart for Ascendant Resources extending back to May 16, 2008. 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 Ascendant Resources stands at 0.05, as last reported on the 22nd of December, with the highest price reaching 0.05 and the lowest price hitting 0.05 during the day.
If you're considering investing in Ascendant Stock, it is important to understand the factors that can impact its price. Ascendant Resources is out of control given 3 months investment horizon. Ascendant Resources secures Sharpe Ratio (or Efficiency) of 0.0872, which signifies that the company had a 0.0872% return per unit of standard deviation over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Ascendant Resources mean deviation of 7.47, and Risk Adjusted Performance of 0.0791 to evaluate company specific risk that cannot be diversified away.
At this time, Ascendant Resources' Common Stock Shares Outstanding is very stable compared to the past year. As of the 22nd of December 2024, Liabilities And Stockholders Equity is likely to grow to about 19.1 M, though Total Stockholder Equity is likely to grow to (15.5 M). . As of the 22nd of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.02, while Price To Sales Ratio is likely to drop 0.27. Ascendant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0543 | 50 Day MA 0.0454 | Beta 1.542 |
Ascendant |
Sharpe Ratio = 0.0872
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.65 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.02 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Ascendant Resources is performing at about 6% 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 Ascendant Resources by adding it to a well-diversified portfolio.
Price Book 6.096 | Enterprise Value Ebitda 3.061 | Price Sales 0.2122 | Shares Float 137.9 M | Wall Street Target Price 0.28 |
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Ascendant Resources Valuation on October 24, 2024
It is possible to determine the worth of Ascendant Resources on a given historical date. On October 24, 2024 Ascendant was worth 0.055 at the beginning of the trading date compared to the closed value of 0.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ascendant Resources stock. Still, in general, we apply an absolute valuation method to find Ascendant Resources' 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 Ascendant Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ascendant Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.06 | 0.05 | 0.06 | 202,000 | |
10/24/2024 | 0.06 | 0.06 | 0.05 | 0.05 | 82,100 |
| 0.06 | 0.06 | 0.06 | 0.06 | 1,000.00 |
| Backtest Ascendant Resources | | | Ascendant Resources History | | | Ascendant Resources Valuation | Previous | Next |
Ascendant Resources Trading Date Momentum on October 24, 2024
| On October 25 2024 Ascendant Resources was traded for 0.06 at the closing time. The highest price during the trading period was 0.06 and the lowest recorded bid was listed for 0.06 . The volume for the day was 1000. This history from October 25, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 10.00% . The overall trading delta to the current price is 20.00% . |
Ascendant Resources Fundamentals Correlations and Trends
By evaluating Ascendant Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ascendant Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ascendant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ascendant Resources Stock history
Ascendant Resources 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 Ascendant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ascendant Resources 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 Ascendant Resources stock prices may prove useful in developing a viable investing in Ascendant Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 133.6 M | 140.3 M | |
| Net Loss | -4.2 M | -4.5 M |
Ascendant Resources Stock Technical Analysis
Ascendant Resources 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
Ascendant Resources Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
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Ascendant Resources December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Ascendant Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ascendant Resources shares will generate the highest return on investment. By undertsting and applying Ascendant Resources stock market strength indicators, traders can identify Ascendant Resources entry and exit signals to maximize returns
Ascendant Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ascendant Resources' price direction in advance. Along with the technical and fundamental analysis of Ascendant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ascendant 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 | 0.0791 | |||
| Jensen Alpha | 1.17 | |||
| Total Risk Alpha | 0.724 | |||
| Sortino Ratio | 0.0501 | |||
| Treynor Ratio | (0.23) |
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Other Information on Investing in Ascendant Stock
Ascendant Resources financial ratios help investors to determine whether Ascendant Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ascendant with respect to the benefits of owning Ascendant Resources security.