Asara Resources (Australia) Price on October 2, 2024
| AS1 Stock | 0.02 0 4.55% |
Below is the normalized historical share price chart for Asara Resources extending back to February 21, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Asara Resources stands at 0.02, as last reported on the 29th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
If you're considering investing in Asara Stock, it is important to understand the factors that can impact its price. Asara Resources is out of control given 3 months investment horizon. Asara Resources secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of standard deviation over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.39% are justified by taking the suggested risk. Use Asara Resources mean deviation of 5.1, and Risk Adjusted Performance of 0.1594 to evaluate company specific risk that cannot be diversified away.
At this time, Asara Resources' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 28.4 M in 2024, whereas Sale Purchase Of Stock is likely to drop (488.1 K) in 2024. . Asara Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0126 | 50 Day MA 0.0198 | Beta 0.325 |
Asara |
Sharpe Ratio = 0.1995
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | AS1 | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.99 actual daily | 62 62% of assets are less volatile |
Expected Return
| 1.39 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Asara Resources is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Asara Resources by adding it to a well-diversified portfolio.
Price Book 0.8209 | Book Value 0.032 | Enterprise Value 22.1 M | Enterprise Value Ebitda (6.78) | Price Sales 2.6 K |
Asara Resources Valuation on October 2, 2024
It is possible to determine the worth of Asara Resources on a given historical date. On October 2, 2024 Asara was worth 0.016 at the beginning of the trading date compared to the closed value of 0.016. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asara Resources stock. Still, in general, we apply an absolute valuation method to find Asara Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Asara Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asara Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 155,489 | |
10/02/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 3,000,000 |
| 0.02 | 0.02 | 0.02 | 0.02 | 868,388 |
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Asara Resources Trading Date Momentum on October 2, 2024
| On October 03 2024 Asara Resources was traded for 0.02 at the closing time. The maximum traded price for the trading interval was 0.02 and the lowest daily price was 0.02 . The daily volume was recorded at 868.4 K. The volume of trading on 3rd of October 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 6.25% . The overall trading delta to the closing price today is 18.75% . |
Asara Resources Fundamentals Correlations and Trends
By evaluating Asara Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Asara Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asara financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asara Resources Stock history
Asara Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Asara is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asara Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Asara Resources stock prices may prove useful in developing a viable investing in Asara Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 680.3 M | 714.3 M | |
| Net Income Applicable To Common Shares | 518.8 K | 544.7 K |
Asara Resources Quarterly Net Working Capital |
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Asara Resources Stock Technical Analysis
Asara Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Asara Resources Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Asara Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Asara Resources November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Asara Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asara Resources shares will generate the highest return on investment. By undertsting and applying Asara Resources stock market strength indicators, traders can identify Asara Resources entry and exit signals to maximize returns
Asara Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asara Resources' price direction in advance. Along with the technical and fundamental analysis of Asara Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asara to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1594 | |||
| Jensen Alpha | 1.36 | |||
| Total Risk Alpha | 0.3053 | |||
| Sortino Ratio | 0.1405 | |||
| Treynor Ratio | (6.62) |
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Additional Tools for Asara Stock Analysis
When running Asara Resources' price analysis, check to measure Asara 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 Asara Resources is operating at the current time. Most of Asara Resources' value examination focuses on studying past and present price action to predict the probability of Asara Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asara Resources' price. Additionally, you may evaluate how the addition of Asara Resources to your portfolios can decrease your overall portfolio volatility.