Asana Inc Stock Price on December 6, 2024

ASAN Stock  USD 26.32  1.20  4.36%   
Below is the normalized historical share price chart for Asana Inc extending back to September 30, 2020. 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 Asana stands at 26.32, as last reported on the 18th of December 2024, with the highest price reaching 27.65 and the lowest price hitting 26.31 during the day.
IPO Date
30th of September 2020
200 Day MA
14.2158
50 Day MA
14.5778
Beta
1.134
 
Covid
If you're considering investing in Asana Stock, it is important to understand the factors that can impact its price. Asana is somewhat reliable given 3 months investment horizon. Asana Inc secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.35% are justified by taking the suggested risk. Use Asana risk adjusted performance of 0.1634, and Mean Deviation of 3.17 to evaluate company specific risk that cannot be diversified away.
  
At this time, Asana's Total Stockholder Equity is very stable compared to the past year. As of the 18th of December 2024, Other Stockholder Equity is likely to grow to about 1.9 B, while Common Stock Total Equity is likely to drop 1,760. . At this time, Asana's Price Book Value Ratio is very stable compared to the past year. As of the 18th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.37, while Price To Sales Ratio is likely to drop 5.59. Asana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2109

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Estimated Market Risk

 6.41
  actual daily
57
57% of assets are less volatile

Expected Return

 1.35
  actual daily
26
74% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Asana is performing at about 16% 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.
Price Book
26.3069
Enterprise Value Ebitda
(13.20)
Price Sales
9.1317
Shares Float
84 M
Wall Street Target Price
18.8588

Asana Main Headline on 6th of December 2024

Shares of enterprise software company Asana absolutely skyrocketed on Friday after it reported financial results for its fiscal third quarter of 2025 -- results that had the investing world feeling quite optimistic about its future. As of 950 a.m. ET, Asana stock was up about 40 percent and hitting 52-week highs. Beating the top end of guidance by 1 percent seems incompatible with a 40 percent gain in Asanas stock price.

Asana Valuation on December 6, 2024

It is possible to determine the worth of Asana on a given historical date. On December 6, 2024 Asana was worth 20.0 at the beginning of the trading date compared to the closed value of 22.19. 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
  15.57    15.94    15.37    15.46    4,479,893  
12/06/2024
  20.00    22.54    19.01    22.19    23,894,058  
  22.20    25.31    22.12    24.87    15,128,944  
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Open Value
20.0
22.19
Closing Value
39.24
Upside

Asana Trading Date Momentum on December 6, 2024

On December 09 2024 Asana Inc was traded for  24.87  at the closing time. The top price for the day was 25.31  and the lowest listed price was  22.12 . The trading volume for the day was 15.1 M. The trading history from December 9, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 12.08% . The overall trading delta against the current closing price is 8.74% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding220.4 M195.5 M
Net Loss-367 M-348.6 M

Asana Quarterly Net Working Capital

247.2 Million

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.
A focus of Asana technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asana 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

Asana Period Price Range

Low
December 18, 2024
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High

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Asana December 18, 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.
When determining whether Asana Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Asana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asana Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asana Inc Stock:
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.
Earnings Share
(1.12)
Revenue Per Share
3.053
Quarterly Revenue Growth
0.103
Return On Assets
(0.18)
Return On Equity
(0.83)
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.