Asia Broadband Stock Today

AABB Stock  USD 0.02  0  9.42%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Over 84

 
100  
 
Zero
Very High
Asia Broadband is trading at 0.0209 as of the 28th of March 2024, a 9.42 percent up since the beginning of the trading day. The stock's open price was 0.0191. Asia Broadband has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Asia Broadband are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of March 2023 and ending today, the 28th of March 2024. Click here to learn more.
Asia Broadband, Inc., through its subsidiary, Asia Metals Inc., focuses on the production, supply, and sale of precious and base metals primarily in Asian markets. The company was incorporated in 1996 and is based in Las Vegas, Nevada. Asia Broadband operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. The company has 411.65 M outstanding shares. More on Asia Broadband

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Follow Valuation Odds of Bankruptcy
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Asia Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Asia Broadband's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Asia Broadband or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationOther Industrial Metals & Mining, Basic Materials (View all Sectors)
Asia Broadband [AABB] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.56 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asia Broadband's market, we take the total number of its shares issued and multiply it by Asia Broadband'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. Asia Broadband conducts business under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 411.65 M outstanding shares. Asia Broadband currently holds about 1.12 M in cash with 122.29 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Asia Broadband Probability Of Bankruptcy

Asia Stock Price Odds Analysis

What are Asia Broadband's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Asia Broadband jumping above the current price in 90 days from now is about 46.14%. The Asia Broadband probability density function shows the probability of Asia Broadband pink sheet to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Asia Broadband has a beta of -1.1704. This suggests as returns on its benchmark rise, returns on holding Asia Broadband are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Asia Broadband is expected to outperform its benchmark. Additionally, asia Broadband has an alpha of 0.2535, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.0209HorizonTargetOdds Above 0.0209
53.76%90 days
 0.02 
46.14%
Based on a normal probability distribution, the odds of Asia Broadband to move above the current price in 90 days from now is about 46.14 (This Asia Broadband probability density function shows the probability of Asia Pink Sheet to fall within a particular range of prices over 90 days) .

Asia Broadband Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Asia Broadband market risk premium is the additional return an investor will receive from holding Asia Broadband long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Asia Broadband. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Asia Broadband's alpha and beta are two of the key measurements used to evaluate Asia Broadband's performance over the market, the standard measures of volatility play an important role as well.

Asia Stock Against Markets

Picking the right benchmark for Asia Broadband pink sheet 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 Asia Broadband pink sheet 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 Asia Broadband is critical whether you are bullish or bearish towards Asia Broadband at a given time. Please also check how Asia Broadband's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Asia Broadband 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.

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How to buy Asia Pink Sheet?

Before investing in Asia Broadband, 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 Asia Broadband. To buy Asia Broadband stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Asia Broadband. 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 Asia Broadband stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Asia Broadband 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 Asia Broadband 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 Asia Broadband, 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.

Already Invested in Asia Broadband?

The danger of trading Asia Broadband 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 Asia Broadband 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 Asia Broadband. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Asia Broadband 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Broadband. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Asia Broadband information on this page should be used as a complementary analysis to other Asia Broadband's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Asia Pink Sheet analysis

When running Asia Broadband's price analysis, check to measure Asia Broadband'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 Asia Broadband is operating at the current time. Most of Asia Broadband's value examination focuses on studying past and present price action to predict the probability of Asia Broadband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Broadband's price. Additionally, you may evaluate how the addition of Asia Broadband to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Asia Broadband's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asia Broadband is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asia Broadband'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.