Ascendant Resources Stock Price on December 19, 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.
200 Day MA
0.0543
50 Day MA
0.0454
Beta
1.542
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 risk adjusted performance of 0.0791, and Mean Deviation of 7.47 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.

Sharpe Ratio = 0.0872

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsASND
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

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

Ascendant Resources Valuation on December 19, 2024

It is possible to determine the worth of Ascendant Resources on a given historical date. On December 19, 2024 Ascendant was worth 0.05 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    0.05    0.05    0.05    22,000  
12/19/2024
  0.05    0.05    0.05    0.05    1.00  
  0.05    0.05    0.05    0.05    20,000  
Backtest Ascendant Resources  |  Ascendant Resources History  |  Ascendant Resources Valuation   PreviousNext  
Open Value
0.05
0.0005
Downside
0.05
Closing Value
35.01
Upside

Ascendant Resources Trading Date Momentum on December 19, 2024

On December 20 2024 Ascendant Resources was traded for  0.05  at the closing time. The highest price during the trading period was 0.05  and the lowest recorded bid was listed for  0.05 . The volume for the day was 20 K. This history from December 20, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding133.6 M140.3 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.
A focus of Ascendant Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ascendant Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ascendant Resources Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ascendant Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

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.

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.