Ascent Solar Technologies, Stock Performance
| ASTI Stock | USD 2.59 0.05 1.97% |
The firm shows a Beta (market volatility) of -0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ascent Solar are expected to decrease at a much lower rate. During the bear market, Ascent Solar is likely to outperform the market. At this point, Ascent Solar Technol has a negative expected return of -0.12%. Please make sure to confirm Ascent Solar's information ratio, as well as the relationship between the potential upside and rate of daily change , to decide if Ascent Solar Technol performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Ascent Solar Technologies, has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unfluctuating performance, the Stock's basic indicators remain strong and the recent confusion on Wall Street may also be a sign of long-lasting gains for the firm traders. ...more
Actual Historical Performance (%)
One Day Return 7.87 | Five Day Return 8.3 | Year To Date Return (96.79) | Ten Year Return (100.00) | All Time Return (100.00) |
Last Split Factor 1:100 | Dividend Date 2018-07-23 | Last Split Date 2024-08-15 |
1 | Acquisition by Jin Jo of 11500 shares of Ascent Solar at 4.25 subject to Rule 16b-3 | 09/11/2024 |
2 | 12 Information Technology Stocks Moving In Thursdays Pre-Market Session - Benzinga | 10/03/2024 |
3 | Ascent Solar Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com | 11/14/2024 |
| Begin Period Cash Flow | 11.5 M |
Ascent |
Ascent Solar Relative Risk vs. Return Landscape
If you would invest 310.00 in Ascent Solar Technologies, on August 28, 2024 and sell it today you would lose (56.00) from holding Ascent Solar Technologies, or give up 18.06% of portfolio value over 90 days. Ascent Solar Technologies, is currently does not generate positive expected returns and assumes 6.1344% risk (volatility on return distribution) over the 90 days horizon. In different words, 54% of stocks are less volatile than Ascent, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Ascent Solar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascent Solar's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ascent Solar Technologies,, and traders can use it to determine the average amount a Ascent Solar's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.019
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| Negative Returns | ASTI |
Estimated Market Risk
| 6.13 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ascent Solar 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 Ascent Solar by adding Ascent Solar to a well-diversified portfolio.
Ascent Solar Fundamentals Growth
Ascent Stock prices reflect investors' perceptions of the future prospects and financial health of Ascent Solar, and Ascent Solar 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 Ascent Stock performance.
| Return On Equity | -19.21 | ||||
| Return On Asset | -0.49 | ||||
| Operating Margin | (84.91) % | ||||
| Current Valuation | 2.13 M | ||||
| Shares Outstanding | 1.32 M | ||||
| Price To Book | 1.01 X | ||||
| Price To Sales | 12.65 X | ||||
| Revenue | 458.26 K | ||||
| Gross Profit | (6.76 M) | ||||
| EBITDA | (14.13 M) | ||||
| Net Income | (17.07 M) | ||||
| Cash And Equivalents | 429.27 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 4.23 M | ||||
| Debt To Equity | 3.02 % | ||||
| Current Ratio | 0.72 X | ||||
| Book Value Per Share | (42.60) X | ||||
| Cash Flow From Operations | (9.54 M) | ||||
| Earnings Per Share | 2,175 X | ||||
| Market Capitalization | 3.36 M | ||||
| Total Asset | 6.91 M | ||||
| Retained Earnings | (482.48 M) | ||||
| Working Capital | (4.23 M) | ||||
| Current Asset | 35.19 M | ||||
| Current Liabilities | 11.17 M | ||||
About Ascent Solar Performance
By evaluating Ascent Solar's fundamental ratios, stakeholders can gain valuable insights into Ascent Solar's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ascent Solar 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 Ascent Solar has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 86.31 | 82.00 | |
| Return On Tangible Assets | (2.49) | (2.61) | |
| Return On Capital Employed | (13.60) | (12.92) | |
| Return On Assets | (2.47) | (2.59) | |
| Return On Equity | 11.18 | 11.74 |
Things to note about Ascent Solar Technol performance evaluation
Checking the ongoing alerts about Ascent Solar for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ascent Solar Technol help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ascent Solar Technol generated a negative expected return over the last 90 days | |
| Ascent Solar Technol has high historical volatility and very poor performance | |
| Ascent Solar Technologies, currently holds 4.23 M in liabilities with Debt to Equity (D/E) ratio of 3.02, implying the company greatly relies on financing operations through barrowing. Ascent Solar Technol has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ascent Solar's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 458.26 K. Net Loss for the year was (17.07 M) with loss before overhead, payroll, taxes, and interest of (6.76 M). | |
| Ascent Solar Technologies, currently holds about 429.27 K in cash with (9.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Ascent Solar Technol has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Ascent Solar Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
- Analyzing Ascent Solar's 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 Ascent Solar's stock is overvalued or undervalued compared to its peers.
- Examining Ascent Solar's 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 Ascent Solar's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ascent Solar's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ascent Solar's stock. These opinions can provide insight into Ascent Solar's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ascent Stock analysis
When running Ascent Solar's price analysis, check to measure Ascent Solar'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 Ascent Solar is operating at the current time. Most of Ascent Solar's value examination focuses on studying past and present price action to predict the probability of Ascent Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ascent Solar's price. Additionally, you may evaluate how the addition of Ascent Solar to your portfolios can decrease your overall portfolio volatility.
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