Asa Gold And Stock Price on December 19, 2024

ASA Stock  USD 20.00  0.40  2.04%   
Below is the normalized historical share price chart for ASA Gold and extending back to March 17, 1980. 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 ASA Gold stands at 20.00, as last reported on the 22nd of December, with the highest price reaching 20.06 and the lowest price hitting 19.70 during the day.
IPO Date
3rd of January 1978
200 Day MA
18.2368
50 Day MA
21.0624
Beta
1.186
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ASA Stock, it is important to understand the factors that can impact its price. ASA Gold retains Efficiency (Sharpe Ratio) of -0.0291, which signifies that the company had a -0.0291% return per unit of risk over the last 3 months. ASA Gold exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ASA Gold's market risk adjusted performance of (0.18), and Variance of 2.78 to double-check the risk estimate we provide.
  
At present, ASA Gold's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 351 M, whereas Common Stock is forecasted to decline to about 15.4 M. . At present, ASA Gold's Price To Sales Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 28.94, whereas Price Book Value Ratio is forecasted to decline to 0.78. ASA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0291

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Negative ReturnsASA

Estimated Market Risk

 1.67
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average ASA Gold is not performing at its full potential. However, 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 ASA Gold by adding ASA Gold to a well-diversified portfolio.
Price Book
0.9342
Price Sales
191.6522
Shares Float
15.7 M
Dividend Share
0.03
Earnings Share
3.25

ASA Gold Main Headline on 19th of December 2024

Oslo, 19 December 2024 Reference is made to the stock exchange notice published by Ultimovacs ASA the

ASA Gold Valuation on December 19, 2024

It is possible to determine the worth of ASA Gold on a given historical date. On December 19, 2024 ASA was worth 19.59 at the beginning of the trading date compared to the closed value of 19.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ASA Gold stock. Still, in general, we apply an absolute valuation method to find ASA Gold's 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 ASA Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ASA Gold's related companies.
 Open High Low Close Volume
  20.28    20.44    19.37    19.40    48,241  
12/19/2024
  19.59    20.07    19.46    19.60    38,036  
  19.70    20.06    19.70    20.00    58,453  
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Open Value
19.59
19.6
Closing Value
24.61
Upside

ASA Gold Trading Date Momentum on December 19, 2024

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  19.70 . The net volume was 58.5 K. The overall trading history on the 20th of December contributed to the next trading period price jump. The overall trading delta to the next next day price was 2.04% . The overall trading delta to current price is 0.51% .

ASA Gold Fundamentals Correlations and Trends

By evaluating ASA Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ASA Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ASA financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ASA Gold Stock history

ASA Gold 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 ASA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ASA Gold 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 ASA Gold stock prices may prove useful in developing a viable investing in ASA Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding17.5 M17.4 M
Net Loss-140.3 M-133.3 M

ASA Gold Stock Technical Analysis

ASA Gold 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.
A focus of ASA Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ASA Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ASA Gold Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ASA Gold and cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

ASA Gold December 22, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ASA Gold's price direction in advance. Along with the technical and fundamental analysis of ASA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ASA 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.

Complementary Tools for ASA Stock analysis

When running ASA Gold's price analysis, check to measure ASA 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 ASA Gold is operating at the current time. Most of ASA Gold's value examination focuses on studying past and present price action to predict the probability of ASA 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 ASA Gold's price. Additionally, you may evaluate how the addition of ASA Gold to your portfolios can decrease your overall portfolio volatility.
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