ASA Gold Stock Forecast - Day Median Price

ASA Stock  USD 20.00  0.60  3.09%   
ASA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ASA Gold stock prices and determine the direction of ASA Gold and's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ASA Gold's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of December 20, 2024, Inventory Turnover is expected to decline to 1.81. In addition to that, Payables Turnover is expected to decline to 4.71. As of December 20, 2024, Common Stock Shares Outstanding is expected to decline to about 17.4 M. The current year's Net Loss is expected to grow to about (133.3 M).
ASA Gold and has current Day Median Price of 19.73. Median Price is the statistical median of an asset price for a given trading period.
Check ASA Gold VolatilityBacktest ASA GoldInformation Ratio  

ASA Gold Trading Date Momentum

On December 20 2024 ASA Gold and was traded for  20.00  at the closing time. Highest ASA Gold's price during the trading hours was 20.06  and the lowest price during the day was  19.40 . The net volume was 58.5 K. The overall trading history on the 20th of December did not affect price variability. The overall trading delta to current price is 3.00% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for ASA Gold

For every potential investor in ASA, whether a beginner or expert, ASA Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ASA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ASA. Basic forecasting techniques help filter out the noise by identifying ASA Gold's price trends.

ASA Gold Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ASA Gold stock to make a market-neutral strategy. Peer analysis of ASA Gold could also be used in its relative valuation, which is a method of valuing ASA Gold by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ASA Gold Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ASA Gold's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ASA Gold's current price.

ASA Gold Market Strength Events

Market strength indicators help investors to evaluate how ASA Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASA Gold shares will generate the highest return on investment. By undertsting and applying ASA Gold stock market strength indicators, traders can identify ASA Gold and entry and exit signals to maximize returns.

ASA Gold Risk Indicators

The analysis of ASA Gold's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ASA Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asa stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

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.
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 Historical Fundamental Analysis of ASA Gold to cross-verify your projections.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Asset Management & Custody Banks space 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
3.282
Dividend Share
0.03
Earnings Share
3.25
Revenue Per Share
0.104
Quarterly Revenue Growth
(0.44)
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.