Asa Gold And Stock Today
| ASA Stock | USD 16.96 0.09 0.53% |
Performance10 of 100
| Odds Of DistressLess than 42
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ASA Gold is trading at 16.96 as of the 25th of April 2024, a 0.53 percent up since the beginning of the trading day. The stock's open price was 16.87. ASA Gold has about a 42 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for ASA Gold and are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 3rd of January 1978 | Classification Financials |
ASA Gold and Precious Metals Limited is a publicly owned investment manager. ASA Gold and Precious Metals Limited was founded in 1958 and is based in Portland, Maine. ASA Gold is traded on New York Stock Exchange in the United States. The company has 19.29 M outstanding shares of which 39.4 K shares are presently shorted by investors with about 0.6 days to cover. More on ASA Gold and
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Follow Valuation Options Odds of Bankruptcy
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ASA Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ASA Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ASA Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | David Christensen | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Apis S.A., ASA] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering ASA Gold report their recommendations after researching ASA Gold's financial statements, talking to executives and customers, or listening in on ASA Gold's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ASA Gold. The ASA consensus assessment is calculated by taking the average forecast from all of the analysts covering ASA Gold. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from ASA Gold's historical financial statements, ASA Gold and may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of ASA Gold is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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ASA Gold and (ASA) is traded on New York Stock Exchange in USA. It is located in Three Canal Plaza, Portland, ME, United States, 04101 and employs 15 people. ASA Gold is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 325.42 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASA Gold's market, we take the total number of its shares issued and multiply it by ASA Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ASA Gold runs under Capital Markets sector within Financials industry. The entity has 19.29 M outstanding shares of which 39.4 K shares are presently shorted by investors with about 0.6 days to cover.
ASA Gold and has about 1.19 M in cash with 18.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check ASA Gold Probability Of Bankruptcy
Ownership AllocationASA Gold and shows a total of 19.29 Million outstanding shares. Over half of ASA Gold's outstanding shares are owned by institutions. These institutions are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Thereupon, these institutions are subject to different rules and regulations than regular investors in ASA Gold. Please watch out for any change in the institutional holdings of ASA Gold and as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check ASA Ownership Details
ASA Stock Price Odds Analysis
What are ASA Gold's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ASA Gold jumping above the current price in 90 days from now is nearly 4.92%. The ASA Gold and probability density function shows the probability of ASA Gold stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.246. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ASA Gold will likely underperform. Additionally, aSA Gold and has an alpha of 0.1375, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ASA Gold to move above the current price in 90 days from now is nearly 4.92 (This ASA Gold and probability density function shows the probability of ASA Stock to fall within a particular range of prices over 90 days) .
ASA Gold Historical Income Statement
ASA Gold and Income Statement is one of the three primary financial statements used for reporting ASA's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ASA Gold revenue and expense. ASA Gold Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, ASA Gold's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 13.7 M, whereas Operating Income is forecasted to decline to about 10.9 M. View More FundamentalsASA Stock Against Markets
Picking the right benchmark for ASA Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ASA Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ASA Gold is critical whether you are bullish or bearish towards ASA Gold and at a given time. Please also check how ASA Gold's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in ASA Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ASA Gold Corporate Directors
ASA Gold corporate directors refer to members of an ASA Gold board of directors. The board of directors generally takes responsibility for the ASA Gold's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ASA Gold's board members must vote for the resolution. The ASA Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gary Glynn | Independent Director | Profile | |
| Bruce Hansen | Independent Director | Profile | |
| Robert Pilkington | Independent Director | Profile | |
| Anthony Artabane | Independent Director | Profile |
How to buy ASA Stock?
Before investing in ASA Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ASA Gold. To buy ASA Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ASA Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ASA Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ASA Gold and stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ASA Gold and stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ASA Gold and, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ASA Stock please use our How to Invest in ASA Gold guide.
Already Invested in ASA Gold and?
The danger of trading ASA Gold and is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ASA Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ASA Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASA Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for ASA Stock analysis
When running ASA Gold's price analysis, check to measure ASA Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASA Gold is operating at the current time. Most of ASA Gold's value examination focuses on studying past and present price action to predict the probability of ASA Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASA Gold's price. Additionally, you may evaluate how the addition of ASA Gold to your portfolios can decrease your overall portfolio volatility.
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Is ASA Gold's industry 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 (0.55) | Dividend Share 0.02 | Earnings Share 0.5 | Revenue Per Share 0.124 | Quarterly Revenue Growth (0.47) |
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.