Asana Inc Stock Price on February 1, 2023
| ASAN Stock | USD 15.74 1.02 6.93% |
If you're considering investing in Asana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asana stands at 15.74, as last reported on the 25th of November, with the highest price reaching 15.83 and the lowest price hitting 14.87 during the day. As of now, Asana Stock is not too volatile. Asana Inc secures Sharpe Ratio (or Efficiency) of 0.069, which signifies that the company had a 0.069% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Asana Inc, which you can use to evaluate the volatility of the firm. Please confirm Asana's risk adjusted performance of 0.0602, and Mean Deviation of 2.04 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Asana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asana |
Sharpe Ratio = 0.069
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Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Asana is performing at about 5% 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 Asana by adding it to a well-diversified portfolio.
Asana Valuation on February 1, 2023
It is possible to determine the worth of Asana on a given historical date. On February 1, 2023 Asana was worth 15.55 at the beginning of the trading date compared to the closed value of 16.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asana stock. Still, in general, we apply an absolute valuation method to find Asana'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 Asana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asana's related companies.
| Open | High | Low | Close | Volume | |
| 15.18 | 15.84 | 15.14 | 15.50 | 2,250,215 | |
02/01/2023 | 15.55 | 16.69 | 15.12 | 16.62 | 3,082,356 |
| 17.40 | 18.67 | 17.28 | 17.95 | 5,666,745 |
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Asana Trading Date Momentum on February 1, 2023
| On February 02 2023 Asana Inc was traded for 17.95 at the closing time. The top price for the day was 18.67 and the lowest listed price was 17.28 . The trading volume for the day was 5.7 M. The trading history from February 2, 2023 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 8.00% . The overall trading delta against the current closing price is 9.69% . |
Asana Inc Fundamentals Correlations and Trends
By evaluating Asana'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 Asana's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asana Stock history
Asana 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 Asana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asana Inc 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 Asana stock prices may prove useful in developing a viable investing in Asana
Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California. Asana Inc operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 1666 people.
Asana Stock Technical Analysis
Asana 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
Asana Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
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Asana November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Asana stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asana shares will generate the highest return on investment. By undertsting and applying Asana stock market strength indicators, traders can identify Asana Inc entry and exit signals to maximize returns
Asana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asana's price direction in advance. Along with the technical and fundamental analysis of Asana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asana 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 | 0.0602 | |||
| Jensen Alpha | 0.1477 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0233 | |||
| Treynor Ratio | 0.6067 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asana Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Systems Software 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 Asana. If investors know Asana 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 Asana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Asana Inc is measured differently than its book value, which is the value of Asana that is recorded on the company's balance sheet. Investors also form their own opinion of Asana's value that differs from its market value or its book value, called intrinsic value, which is Asana'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 Asana's market value can be influenced by many factors that don't directly affect Asana'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 Asana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asana'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.