ASA Gold and Net Income

ASA Stock  USD 72.03  4.19  5.50%   
As of the 30th of January, ASA Gold owns the market risk adjusted performance of 0.6767, and Coefficient Of Variation of 343.67. ASA Gold and technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices.

ASA Gold Total Revenue

143.61 Million

ASA Gold's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing ASA Gold's valuation are provided below:
Gross Profit
M
Profit Margin
94.3013
Market Capitalization
917.4 M
Enterprise Value Revenue
5.3439
Revenue
M
We have found one hundred twenty available fundamental measures for ASA Gold, which can be analyzed and compared to other ratios and to its peers in the sector. All investors should make sure to validate all of ASA Gold latest market performance against the performance between 2010 and 2026 to make sure the company can sustain itself in the future. As of January 30, 2026, Market Cap is expected to decline to about 332 M. In addition to that, Enterprise Value is expected to decline to about 328 M This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Loss-140.3 M-133.3 M
Net Income103.8 M109 M
Net Income From Continuing Ops132.6 M139.2 M
Net Income Per Share 6.90  7.25 
Net Income Per E B T 0.90  0.94 
At present, ASA Gold's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 139.2 M, whereas Net Loss is projected to grow to (133.3 M).
  
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Analyzing ASA Gold's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing ASA Gold's current valuation and future prospects.

Latest ASA Gold's Net Income Growth Pattern

Below is the plot of the Net Income of ASA Gold and over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in ASA Gold financial statement analysis. It represents the amount of money remaining after all of ASA Gold and operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is ASA Gold's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ASA Gold's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 115.3 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

ASA Net Income Regression Statistics

Arithmetic Mean10,464,720
Geometric Mean51,604,675
Coefficient Of Variation1,052
Mean Deviation86,008,668
Median9,725,632
Standard Deviation110,115,269
Sample Variance12125.4T
Range391.1M
R-Value0.57
Mean Square Error8665.2T
R-Squared0.33
Significance0.02
Slope12,527,153
Total Sum of Squares194006T

ASA Net Income History

2026109 M
2025103.8 M
2023115.3 M
20229.7 M
2021-155.9 M
202018.3 M
2019178.4 M

Other Fundumenentals of ASA Gold

ASA Gold Net Income component correlations

ASA Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for ASA Gold is extremely important. It helps to project a fair market value of ASA Stock properly, considering its historical fundamentals such as Net Income. Since ASA Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ASA Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ASA Gold's interrelated accounts and indicators.
Is Asset Management & Custody Banks 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 ASA Gold. If investors know ASA 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. Comprehensive ASA Gold assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
6.766
Dividend Share
0.05
Earnings Share
13.93
Revenue Per Share
0.211
Quarterly Revenue Growth
0.125
Investors evaluate ASA Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating ASA Gold's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause ASA Gold's market price to deviate significantly from intrinsic value.
Understanding that ASA Gold's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether ASA Gold represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, ASA Gold's market price signifies the transaction level at which participants voluntarily complete trades.

ASA Gold 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ASA Gold's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ASA Gold.
0.00
11/01/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/30/2026
0.00
If you would invest  0.00  in ASA Gold on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding ASA Gold and or generate 0.0% return on investment in ASA Gold over 90 days. ASA Gold is related to or competes with Bain Capital, Kayne Anderson, Carlyle Secured, PennantPark Floating, Gladstone Investment, Trinity Capital, and New Mountain. ASA Gold and Precious Metals Limited is a publicly owned investment manager More

ASA Gold Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ASA Gold's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ASA Gold and upside and downside potential and time the market with a certain degree of confidence.

ASA Gold Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ASA Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ASA Gold's standard deviation. In reality, there are many statistical measures that can use ASA Gold historical prices to predict the future ASA Gold's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ASA Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
69.4672.0374.60
Details
Intrinsic
Valuation
LowRealHigh
64.8377.9880.55
Details
Naive
Forecast
LowNextHigh
76.8979.4682.04
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
54.4865.0375.58
Details

ASA Gold January 30, 2026 Technical Indicators

ASA Gold Backtested Returns

ASA Gold appears to be very steady, given 3 months investment horizon. ASA Gold retains Efficiency (Sharpe Ratio) of 0.3, which signifies that the company had a 0.3 % return per unit of risk over the last 3 months. By analyzing ASA Gold's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please makes use of ASA Gold's coefficient of variation of 343.67, and Market Risk Adjusted Performance of 0.6767 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ASA Gold holds a performance score of 23. The firm owns a Beta (Systematic Risk) of 1.09, which signifies a somewhat significant risk relative to the market. ASA Gold returns are very sensitive to returns on the market. As the market goes up or down, ASA Gold is expected to follow. Please check ASA Gold's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether ASA Gold's current price history will revert.

Auto-correlation

    
  0.89  

Very good predictability

ASA Gold and has very good predictability. Overlapping area represents the amount of predictability between ASA Gold time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ASA Gold price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current ASA Gold price fluctuation can be explain by its past prices.
Correlation Coefficient0.89
Spearman Rank Test0.82
Residual Average0.0
Price Variance28.53
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

ASA Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

28.5 Million

At present, ASA Gold's Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, ASA Gold and reported net income of 115.3 M. This is 90.97% lower than that of the Capital Markets sector and 57.68% lower than that of the Financials industry. The net income for all United States stocks is 79.81% higher than that of the company.

ASA Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASA Gold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ASA Gold could also be used in its relative valuation, which is a method of valuing ASA Gold by comparing valuation metrics of similar companies.
ASA Gold is currently under evaluation in net income category among its peers.

ASA Fundamentals

About ASA Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ASA Gold and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASA Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASA Gold and based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold'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 Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:
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Is Asset Management & Custody Banks 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 ASA Gold. If investors know ASA 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. Comprehensive ASA Gold assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
6.766
Dividend Share
0.05
Earnings Share
13.93
Revenue Per Share
0.211
Quarterly Revenue Growth
0.125
Investors evaluate ASA Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating ASA Gold's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause ASA Gold's market price to deviate significantly from intrinsic value.
Understanding that ASA Gold's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether ASA Gold represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, ASA Gold's market price signifies the transaction level at which participants voluntarily complete trades.