Ascendant Resources Performance
| ASDRFDelisted Stock | USD 0.05 0.0008 1.47% |
The firm shows a Beta (market volatility) of -1.53, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ascendant Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Ascendant Resources is expected to outperform it. Ascendant Resources right now shows a risk of 0.0%. Please confirm Ascendant Resources standard deviation, accumulation distribution, relative strength index, as well as the relationship between the maximum drawdown and day typical price , to decide if Ascendant Resources will be following its price patterns.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Ascendant Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Ascendant Resources is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 756 K | |
| Total Cashflows From Investing Activities | -3 M |
Ascendant |
Ascendant Resources Relative Risk vs. Return Landscape
If you would invest 5.35 in Ascendant Resources on November 1, 2025 and sell it today you would earn a total of 0.00 from holding Ascendant Resources or generate 0.0% return on investment over 90 days. Ascendant Resources is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than Ascendant, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ascendant Resources Target Price Odds to finish over Current Price
The tendency of Ascendant OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.05 | 90 days | 0.05 | about 25.55 |
Based on a normal probability distribution, the odds of Ascendant Resources to move above the current price in 90 days from now is about 25.55 (This Ascendant Resources probability density function shows the probability of Ascendant OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Ascendant Resources has a beta of -1.53. This suggests as returns on its benchmark rise, returns on holding Ascendant Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Ascendant Resources is expected to outperform its benchmark. Additionally Ascendant Resources has an alpha of 0.7117, implying that it can generate a 0.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ascendant Resources Price Density |
| Price |
Predictive Modules for Ascendant Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ascendant Resources. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Ascendant Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ascendant Resources is not an exception. The market had few large corrections towards the Ascendant Resources' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ascendant Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ascendant Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.71 | |
β | Beta against Dow Jones | -1.53 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.09 |
Ascendant Resources Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ascendant Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ascendant Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ascendant Resources is not yet fully synchronised with the market data | |
| Ascendant Resources has some characteristics of a very speculative penny stock | |
| Ascendant Resources has a very high chance of going through financial distress in the upcoming years | |
| Ascendant Resources has accumulated 3.95 M in total debt with debt to equity ratio (D/E) of 1.23, which is about average as compared to similar companies. Ascendant Resources has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ascendant Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Ascendant Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ascendant Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ascendant to invest in growth at high rates of return. When we think about Ascendant Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.72 M) with profit before overhead, payroll, taxes, and interest of 23.89 M. | |
| Ascendant Resources has accumulated about 141 K in cash with (2.35 M) of positive cash flow from operations. | |
| Roughly 17.0% of Ascendant Resources shares are held by company insiders |
Ascendant Resources Fundamentals Growth
Ascendant OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Ascendant Resources, and Ascendant Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ascendant OTC Stock performance.
| Return On Equity | -2.94 | |||
| Return On Asset | -0.23 | |||
| Current Valuation | 19.21 M | |||
| Shares Outstanding | 129.42 M | |||
| Price To Earning | 10.00 X | |||
| Price To Book | 11.93 X | |||
| Price To Sales | 0.22 X | |||
| EBITDA | (4.05 M) | |||
| Cash And Equivalents | 141 K | |||
| Total Debt | 3.95 M | |||
| Debt To Equity | 1.23 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (2.35 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 7.91 M | |||
About Ascendant Resources Performance
By analyzing Ascendant Resources' fundamental ratios, stakeholders can gain valuable insights into Ascendant Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ascendant Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ascendant Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ascendant Resources Inc., a mining company, explores for and develops mineral properties. Ascendant Resources Inc. was incorporated in 2006 and is headquartered in Toronto, Canada. Ascendant Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Ascendant Resources performance evaluation
Checking the ongoing alerts about Ascendant Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Ascendant Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ascendant Resources is not yet fully synchronised with the market data | |
| Ascendant Resources has some characteristics of a very speculative penny stock | |
| Ascendant Resources has a very high chance of going through financial distress in the upcoming years | |
| Ascendant Resources has accumulated 3.95 M in total debt with debt to equity ratio (D/E) of 1.23, which is about average as compared to similar companies. Ascendant Resources has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ascendant Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Ascendant Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ascendant Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ascendant to invest in growth at high rates of return. When we think about Ascendant Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.72 M) with profit before overhead, payroll, taxes, and interest of 23.89 M. | |
| Ascendant Resources has accumulated about 141 K in cash with (2.35 M) of positive cash flow from operations. | |
| Roughly 17.0% of Ascendant Resources shares are held by company insiders |
- Analyzing Ascendant Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ascendant Resources' stock is overvalued or undervalued compared to its peers.
- Examining Ascendant Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ascendant Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ascendant Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Ascendant Resources' otc stock. These opinions can provide insight into Ascendant Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Ascendant OTC Stock
If you are still planning to invest in Ascendant Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ascendant Resources' history and understand the potential risks before investing.
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