Asante Gold's market value is the price at which a share of Asante Gold trades on a public exchange. It measures the collective expectations of Asante Gold investors about its performance. Asante Gold is trading at 0.72 as of the 27th of February 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.72. With this module, you can estimate the performance of a buy and hold strategy of Asante Gold and determine expected loss or profit from investing in Asante Gold over a given investment horizon. Check out Asante Gold Correlation, Asante Gold Volatility and Asante Gold Alpha and Beta module to complement your research on Asante Gold.
Please note, there is a significant difference between Asante Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asante Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asante 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.
Asante Gold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Asante Gold's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Asante Gold.
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01/28/2025
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In 30 days
02/27/2025
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If you would invest 0.00 in Asante Gold on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Asante Gold or generate 0.0% return on investment in Asante Gold over 30 days. Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, and development of mine... More
Asante Gold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Asante Gold's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Asante Gold upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asante Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asante Gold's standard deviation. In reality, there are many statistical measures that can use Asante Gold historical prices to predict the future Asante Gold's volatility.
Asante Gold secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1 % return per unit of standard deviation over the last 3 months. Asante Gold exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asante Gold's risk adjusted performance of (0.06), and Mean Deviation of 0.8947 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0587, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Asante Gold are expected to decrease at a much lower rate. During the bear market, Asante Gold is likely to outperform the market. At this point, Asante Gold has a negative expected return of -0.24%. Please make sure to confirm Asante Gold's standard deviation, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Asante Gold performance from the past will be repeated at some point in the near future.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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Asante Gold lagged returns against current returns
Autocorrelation, which is Asante Gold pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Asante Gold's pink sheet expected returns. We can calculate the autocorrelation of Asante Gold returns to help us make a trade decision. For example, suppose you find that Asante Gold has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
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Asante Gold regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Asante Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asante Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asante Gold pink sheet over time.
Current vs Lagged Prices
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Asante Gold Lagged Returns
When evaluating Asante Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asante Gold pink sheet have on its future price. Asante Gold autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Asante Gold autocorrelation shows the relationship between Asante Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Asante Gold.
Other Information on Investing in Asante Pink Sheet
Asante Gold financial ratios help investors to determine whether Asante Pink Sheet 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 Asante with respect to the benefits of owning Asante Gold security.