Aton Resources Stock Today
| AAN Stock | CAD 0.21 0.01 4.55% |
Performance0 of 100
| Odds Of DistressOver 67
|
Aton Resources is selling for under 0.21 as of the 18th of April 2024; that is -4.55 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.21. Aton Resources has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Aton Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
Aton Resources Inc., through its subsidiaries, engages in the exploration and development of mineral properties in the Arab Republic of Egypt. Aton Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. ATON RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 127.45 M outstanding shares of which 3 shares are presently shorted by private and institutional investors with about 0.0 days to cover all short positions. More on Aton Resources
Moving against Aton Stock
| 0.68 | OTC | Ocumetics Technology Corp | PairCorr |
| 0.59 | NG | NovaGold Resources | PairCorr |
Follow Valuation Odds of Bankruptcy
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Aton 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. Aton Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aton Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Mark Campbell |
| Business Concentration | Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) |
Aton Resources (AAN) is traded on TSX Venture Exchange in Canada and employs 24 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 28.04 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aton Resources's market, we take the total number of its shares issued and multiply it by Aton Resources'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. Aton Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 127.45 M outstanding shares of which 3 shares are presently shorted by private and institutional investors with about 0.0 days to cover all short positions.
Aton Resources has accumulated about 193.79 K in cash with (6.71 M) of positive cash flow from operations.
Check Aton Resources Probability Of Bankruptcy
Aton Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Aton Resources jumping above the current price in 90 days from now is about 98.0%. The Aton Resources probability density function shows the probability of Aton Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Aton Resources has a beta of 0.8073. This suggests as returns on the market go up, Aton Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aton Resources will be expected to be much smaller as well. Additionally, aton Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Aton Resources to move above the current price in 90 days from now is about 98.0 (This Aton Resources probability density function shows the probability of Aton Stock to fall within a particular range of prices over 90 days) .
Aton Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aton Resources market risk premium is the additional return an investor will receive from holding Aton Resources 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 Aton Resources. 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 Aton Resources' alpha and beta are two of the key measurements used to evaluate Aton Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.11 | |||
| Standard Deviation | 5.52 | |||
| Variance | 30.42 | |||
| Risk Adjusted Performance | (0.01) |
Aton Stock Against Markets
Picking the right benchmark for Aton Resources 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 Aton Resources 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 Aton Resources is critical whether you are bullish or bearish towards Aton Resources at a given time. Please also check how Aton Resources' 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 Aton Resources 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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Aton Resources Corporate Directors
Aton Resources corporate directors refer to members of an Aton Resources board of directors. The board of directors generally takes responsibility for the Aton Resources' 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 Aton Resources' board members must vote for the resolution. The Aton Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Laing | Director | Profile | |
| William Koutsouras | Director | Profile | |
| Giles Baynham | Independent Director | Profile | |
| Anthony Clements | Director | Profile |
How to buy Aton Stock?
Before investing in Aton Resources, 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 Aton Resources. To buy Aton Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aton Resources. 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 Aton Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aton Resources 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 Aton Resources 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 Aton Resources, 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 Aton Resources?
The danger of trading Aton Resources 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 Aton Resources 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 Aton Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aton Resources 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 Aton Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Aton Stock analysis
When running Aton Resources' price analysis, check to measure Aton Resources' 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 Aton Resources is operating at the current time. Most of Aton Resources' value examination focuses on studying past and present price action to predict the probability of Aton Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aton Resources' price. Additionally, you may evaluate how the addition of Aton Resources to your portfolios can decrease your overall portfolio volatility.
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