American Shipping Stock Price on April 3, 2023

ASCJF Stock  USD 2.36  0.00  0.00%   
If you're considering investing in American OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of American Shipping stands at 2.36, as last reported on the 28th of November, with the highest price reaching 2.36 and the lowest price hitting 2.36 during the day. American Shipping secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of standard deviation over the last 3 months. American Shipping exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Shipping's mean deviation of 0.7342, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
  
American OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1052

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average American Shipping 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 American Shipping by adding American Shipping to a well-diversified portfolio.

American Shipping Valuation on April 3, 2023

It is possible to determine the worth of American Shipping on a given historical date. On April 3, 2023 American was worth 1.41 at the beginning of the trading date compared to the closed value of 1.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Shipping otc stock. Still, in general, we apply an absolute valuation method to find American Shipping'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 American Shipping where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Shipping's related companies.
 Open High Low Close Volume
  3.97    3.97    3.97    3.97    1.00  
04/03/2023
  1.41    1.42    1.41    1.42    1,500  
  1.42    1.42    1.42    1.42    6,945  
Backtest American Shipping  |  American Shipping History  |  American Shipping Valuation   PreviousNext  
Open Value
1.41
1.42
Closing Value
7.69
Upside

American Shipping Trading Date Momentum on April 3, 2023

On April 04 2023 American Shipping was traded for  1.42  at the closing time. The highest daily price throughout the period was 1.42  and the lowest price was  1.42 . The daily volume was 6.9 K. The net trading volume on 04/04/2023 did not affect price variability. The overall trading delta to current closing price is 181.69% .

American Shipping Fundamentals Correlations and Trends

By evaluating American Shipping'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 American Shipping's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. American financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About American Shipping OTC Stock history

American Shipping 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 American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Shipping 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 American Shipping stock prices may prove useful in developing a viable investing in American Shipping
AMSC ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. AMSC ASA was incorporated in 2005 and is headquartered in Lysaker, Norway. American Shipping is traded on OTC Exchange in the United States.

American Shipping OTC Stock Technical Analysis

American Shipping technical otc 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, otc market cycles, or different charting patterns.
A focus of American Shipping technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Shipping 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

American Shipping Period Price Range

Low
November 28, 2024
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High

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 0.00 

American Shipping cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

American Shipping November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how American Shipping otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Shipping shares will generate the highest return on investment. By undertsting and applying American Shipping otc stock market strength indicators, traders can identify American Shipping entry and exit signals to maximize returns

American Shipping Technical and Predictive Indicators

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

When running American Shipping's price analysis, check to measure American Shipping'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 American Shipping is operating at the current time. Most of American Shipping's value examination focuses on studying past and present price action to predict the probability of American Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Shipping's price. Additionally, you may evaluate how the addition of American Shipping to your portfolios can decrease your overall portfolio volatility.
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