Asante Gold Stock Buy Hold or Sell Recommendation
| ASGOF Stock | USD 0.85 0.05 5.56% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Asante Gold is 'Strong Sell'. Macroaxis provides Asante Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASGOF positions.
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 persons.
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 | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Asante Gold Trading Alerts and Improvement Suggestions
| Asante Gold has some characteristics of a very speculative penny stock | |
| Asante Gold has high likelihood to experience some financial distress in the next 2 years | |
| Asante Gold has accumulated 136.25 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Asante Gold has a current ratio of 0.42, 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 (8.48 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Asante Gold has accumulated about 114.49 M in cash with (2.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32. | |
| Roughly 43.0% of Asante Gold shares are held by company insiders |
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 | Value At Risk | -5.56 | Potential Upside | 4.30 | Standard Deviation | 2.71 |
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 Metals & Mining 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 pink sheet 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 pink sheet'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 | 0.06 | |
β | Beta against Dow Jones | -0.55 | |
σ | Overall volatility | 2.75 | |
Ir | Information ratio | -0.05 |
Asante Gold Volatility Alert
Asante Gold shows above-average downside volatility for the selected time horizon. Asante Gold is a potential penny stock. Although Asante Gold may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Asante Gold. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Asante instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.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 pink sheets 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 |
| Return On Equity | -0.7 | -0.31 |
| Return On Asset | -0.0993 | -0.14 |
| Profit Margin | (0.92) % | (1.27) % |
| Operating Margin | (0.76) % | (5.51) % |
| Current Valuation | 289.18 M | 16.62 B |
| Shares Outstanding | 370.1 M | 571.82 M |
| Shares Owned By Insiders | 42.86 % | 10.09 % |
| Shares Owned By Institutions | 0.69 % | 39.21 % |
| Price To Earning | 1.82 X | 28.72 X |
| Price To Book | 2.45 X | 9.51 X |
| EBITDA | (7.32 M) | 3.9 B |
| Net Income | (8.48 M) | 570.98 M |
| Cash And Equivalents | 114.49 M | 2.7 B |
| Cash Per Share | 0.32 X | 5.01 X |
| Total Debt | 136.25 K | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 0.43 X | 2.16 X |
| Book Value Per Share | 0.53 X | 1.93 K |
| Cash Flow From Operations | (2.27 M) | 971.22 M |
| Earnings Per Share | (0.04) X | 3.12 X |
| Number Of Employees | 15 | 18.84 K |
| Beta | 2.35 | -0.15 |
| Market Capitalization | 499.63 M | 19.03 B |
| Total Asset | 226.85 M | 29.47 B |
| Net Asset | 226.85 M |
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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.85 | |||
| Day Typical Price | 0.85 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.05) | |||
| Relative Strength Index | 2.43 |
About Asante Gold Buy or Sell Advice
When is the right time to buy or sell Asante Gold? Buying financial instruments such as Asante Pink Sheet 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.
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Other Information on Investing in Asante Pink Sheet
Asante Gold financial ratios help investors to determine whether Asante Pink Sheet 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 Asante with respect to the benefits of owning Asante Gold security.