Is ASA Gold Stock a Good Investment?
ASA Gold Investment Advice | ASA |
- Examine ASA Gold's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ASA Gold's leadership team and their track record. Good management can help ASA Gold navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact ASA Gold's business and its evolving consumer preferences.
- Compare ASA Gold's performance and market position to its competitors. Analyze how ASA Gold is positioned in terms of product offerings, innovation, and market share.
- Check if ASA Gold pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ASA Gold's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ASA Gold and stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ASA Gold and is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine ASA Gold Stock
Researching ASA Gold's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 60.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.95. Some equities with similar Price to Book (P/B) outperform the market in the long run. ASA Gold last dividend was issued on the 13th of November 2024. The entity had 3:1 split on the 4th of May 2010.
To determine if ASA Gold is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ASA Gold's research are outlined below:
| ASA Gold generated a negative expected return over the last 90 days | |
| ASA Gold has high likelihood to experience some financial distress in the next 2 years | |
| About 60.0% of the company shares are held by institutions such as insurance companies | |
| On 20th of November 2024 ASA Gold paid $ 0.02 per share dividend to its current shareholders | |
| Latest headline from globenewswire.com: Havila Shipping ASA Finanstilsynet har godkjent prospekt for notering av nye aksjer |
ASA Gold's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 381.5 M.Market Cap |
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ASA Gold's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.03 | 0.04 |
Determining ASA Gold's profitability involves analyzing its financial statements and using various financial metrics to determine if ASA Gold is a good buy. For example, gross profit margin measures ASA Gold's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ASA Gold's profitability and make more informed investment decisions.
Please note, the presentation of ASA Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ASA Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ASA Gold's management manipulating its earnings.
Evaluate ASA Gold's management efficiency
At present, ASA Gold's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.04, whereas Return On Capital Employed is projected to grow to (0). At present, ASA Gold's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 106.9 K, whereas Non Currrent Assets Other are forecasted to decline to (398.9 M). ASA Gold's management efficiency ratios could be used to measure how well ASA Gold manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 19.80 | 20.81 | |
| Tangible Book Value Per Share | 19.80 | 20.81 | |
| Enterprise Value Over EBITDA | 27.63 | 16.69 | |
| Price Book Value Ratio | 1.02 | 0.78 | |
| Enterprise Value Multiple | 27.63 | 16.69 | |
| Price Fair Value | 1.02 | 0.78 | |
| Enterprise Value | 263.7 M | 189 M |
Leadership at ASA Gold emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.002 | Forward Dividend Yield 0.002 | Forward Dividend Rate 0.04 | Beta 1.186 |
Basic technical analysis of ASA Stock
As of the 18th of December 2024, ASA Gold owns the coefficient of variation of 10212.77, and Market Risk Adjusted Performance of (0.51). 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's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ASA Gold insiders, such as employees or executives, is commonly permitted as long as it does not rely on ASA Gold's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ASA Gold insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
ASA Gold's Outstanding Corporate Bonds
ASA Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ASA Gold uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ASA bonds can be classified according to their maturity, which is the date when ASA Gold and has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| International Game Technology Corp BondUS460599AD57 | View |
Understand ASA Gold's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ASA Gold's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0126 | |||
| Market Risk Adjusted Performance | (0.51) | |||
| Mean Deviation | 1.18 | |||
| Semi Deviation | 1.73 | |||
| Downside Deviation | 1.76 | |||
| Coefficient Of Variation | 10212.77 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.56 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.0063 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.52) | |||
| Maximum Drawdown | 8.44 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.52 | |||
| Downside Variance | 3.1 | |||
| Semi Variance | 2.98 | |||
| Expected Short fall | (1.13) | |||
| Skewness | (0.48) | |||
| Kurtosis | 1.28 |
| Risk Adjusted Performance | 0.0126 | |||
| Market Risk Adjusted Performance | (0.51) | |||
| Mean Deviation | 1.18 | |||
| Semi Deviation | 1.73 | |||
| Downside Deviation | 1.76 | |||
| Coefficient Of Variation | 10212.77 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.56 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.0063 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.52) | |||
| Maximum Drawdown | 8.44 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.52 | |||
| Downside Variance | 3.1 | |||
| Semi Variance | 2.98 | |||
| Expected Short fall | (1.13) | |||
| Skewness | (0.48) | |||
| Kurtosis | 1.28 |
Consider ASA Gold's intraday indicators
ASA Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ASA Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ASA Gold Corporate Filings
| 10th of December 2024 Other Reports | ViewVerify | |
F4 | 14th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 8th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 6th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
ASA Stock media impact
Far too much social signal, news, headlines, and media speculation about ASA Gold that are available to investors today. That information is available publicly through ASA media outlets and privately through word of mouth or via ASA internal channels. However, regardless of the origin, that massive amount of ASA data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ASA Gold news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ASA Gold relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ASA Gold's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ASA Gold alpha.
ASA Gold Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ASA Gold can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ASA Gold Corporate Management
| Jack Huntington | Chief Compliance Officer | Profile | |
| Peter Maletis | President | Profile | |
| James Nash | Chief Compliance Officer, Secretary | Profile | |
| Zachary Tackett | Corporate Secretary | Profile |
Already Invested in ASA Gold and?
The danger of trading ASA Gold and is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ASA Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ASA Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASA Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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. All the valuation information about ASA Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.282 | Dividend Share 0.03 | Earnings Share 3.25 | Revenue Per Share 0.104 | Quarterly Revenue Growth (0.44) |
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold'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 ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between ASA Gold's value and its price, as these two are different measures arrived at by various means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold'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.