Asante Gold Stock Buy Hold or Sell Recommendation
| ASE Stock | CAD 1.75 0.04 2.23% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Asante Gold is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Asante Gold given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Asante Gold, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Asante Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Asante and provide practical buy, sell, or hold advice based on investors' constraints. Asante Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Asante |
Execute Asante Gold Buy or Sell Advice
The Asante recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Asante Gold. Macroaxis does not own or have any residual interests in Asante Gold or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Asante Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weakest | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Asante Gold Trading Alerts and Improvement Suggestions
| Asante Gold generated a negative expected return over the last 90 days | |
| Asante Gold may become a speculative penny stock | |
| Asante Gold has high historical volatility and very poor performance | |
| Asante Gold has high likelihood to experience some financial distress in the next 2 years | |
| Asante Gold has accumulated 1.41 M in total debt with debt to equity ratio (D/E) of 1.35, which is about average as compared to similar companies. Asante Gold has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Asante Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Asante Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Asante Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asante to invest in growth at high rates of return. When we think about Asante Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (736.09 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Asante Gold has accumulated about 22.34 K in cash with (104.1 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: How Asante Gold Corporation stock compares with market leaders - 2025 EndofYear Setup Real-Time Volume Spike Alerts - |
Asante Gold Returns Distribution Density
The distribution of Asante Gold's historical returns is an attempt to chart the uncertainty of Asante Gold's future price movements. The chart of the probability distribution of Asante Gold daily returns describes the distribution of returns around its average expected value. We use Asante Gold price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Asante Gold returns is essential to provide solid investment advice for Asante Gold.
| Mean Return | -0.27 | Value At Risk | -7.34 | Potential Upside | 5.88 | Standard Deviation | 3.98 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Asante Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Asante Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Asante Gold or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Asante Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Asante stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 3.83 | |
Ir | Information ratio | -0.09 |
Asante Gold Volatility Alert
Asante Gold exhibits very low volatility with skewness of 0.26 and kurtosis of 0.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Asante Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Asante Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Asante Gold Fundamentals Vs Peers
Comparing Asante Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Asante Gold's direct or indirect competition across all of the common fundamentals between Asante Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Asante Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Asante Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Asante Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Asante Gold to competition |
| Fundamentals | Asante Gold | Peer Average |
| EBITDA | (605.59 K) | 3.9 B |
| Net Income | (736.09 K) | 570.98 M |
| Cash And Equivalents | 22.34 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 1.41 M | 5.32 B |
| Debt To Equity | 1.35 % | 48.70 % |
| Current Ratio | 0.07 X | 2.16 X |
| Cash Flow From Operations | (104.1 K) | 971.22 M |
| Number Of Employees | 6 | 18.84 K |
Asante Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Asante . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Asante Gold Buy or Sell Advice
When is the right time to buy or sell Asante Gold? Buying financial instruments such as Asante Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Asante Stock Analysis
When running Asante Gold's price analysis, check to measure Asante 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 Asante Gold is operating at the current time. Most of Asante Gold's value examination focuses on studying past and present price action to predict the probability of Asante 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 Asante Gold's price. Additionally, you may evaluate how the addition of Asante Gold to your portfolios can decrease your overall portfolio volatility.