ASA Gold Financial Statements From 2010 to 2025
| ASA Etf | USD 60.24 0.85 1.43% |
Gross Profit 4 M | Profit Margin | Market Capitalization 917.4 M | Enterprise Value Revenue 4.3785 | Revenue |
Check ASA Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASA Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . ASA financial statements analysis is a perfect complement when working with ASA Gold Valuation or Volatility modules.
This module can also supplement ASA Gold's financial leverage analysis and stock options assessment as well as various ASA Gold Technical models . Check out the analysis of ASA Gold Correlation against competitors. ASA Gold and ETF Price To Earning Analysis
ASA Gold's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current ASA Gold Price To Earning | 1.70 X |
Most of ASA Gold's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ASA Gold and is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, ASA Gold and has a Price To Earning of 1.7 times. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The price to earning for all United States etfs is notably lower than that of the firm.
ASA Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ASA Gold's current stock value. Our valuation model uses many indicators to compare ASA Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ASA Gold competition to find correlations between indicators driving ASA Gold's intrinsic value. More Info.ASA Gold and is rated below average in price to earning as compared to similar ETFs. It is the top ETF in price to book as compared to similar ETFs fabricating about 1.05 of Price To Book per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ASA Gold's earnings, one of the primary drivers of an investment's value.About ASA Gold Financial Statements
ASA Gold stakeholders use historical fundamental indicators, such as ASA Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although ASA Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in ASA Gold's assets and liabilities are reflected in the revenues and expenses on ASA Gold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ASA Gold and. Please read more on our technical analysis and fundamental analysis pages.
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in ASA Etf
ASA Gold financial ratios help investors to determine whether ASA Etf 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 ASA with respect to the benefits of owning ASA Gold security.