Asante Gold Stock Market Value
| ASE Stock | CAD 1.75 0.04 2.23% |
| Symbol | Asante |
Asante Gold Price To Book Ratio
Asante 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 Asante 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 Asante Gold.
| 05/28/2025 |
| 12/24/2025 |
If you would invest 0.00 in Asante Gold on May 28, 2025 and sell it all today you would earn a total of 0.00 from holding Asante Gold or generate 0.0% return on investment in Asante Gold over 210 days. Asante Gold is related to or competes with I 80, Res Robex, Rio2, Rusoro Mining, G2 Goldfields, Galiano Gold, and ATEX Resources. Asante Gold Corporationration engages in the exploration and evaluation of mineral properties in Ghana, West Africa. More
Asante 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 Asante 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 Asante Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 21.56 | |||
| Value At Risk | (7.34) | |||
| Potential Upside | 5.88 |
Asante Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asante Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asante Gold's standard deviation. In reality, there are many statistical measures that can use Asante Gold historical prices to predict the future Asante Gold's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (1.02) |
Asante Gold Backtested Returns
Asante Gold secures Sharpe Ratio (or Efficiency) of -0.0946, which signifies that the company had a -0.0946 % return per unit of standard deviation over the last 3 months. Asante Gold exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asante Gold's risk adjusted performance of (0.04), and Mean Deviation of 3.0 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Asante Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asante Gold is expected to be smaller as well. At this point, Asante Gold has a negative expected return of -0.36%. Please make sure to confirm Asante Gold's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Asante Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Asante Gold has below average predictability. Overlapping area represents the amount of predictability between Asante Gold time series from 28th of May 2025 to 10th of September 2025 and 10th of September 2025 to 24th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Asante Gold price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Asante Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Asante Gold lagged returns against current returns
Autocorrelation, which is Asante Gold stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Asante Gold's stock expected returns. We can calculate the autocorrelation of Asante Gold returns to help us make a trade decision. For example, suppose you find that Asante Gold has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Asante Gold regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Asante Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asante Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asante Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Asante Gold Lagged Returns
When evaluating Asante Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asante Gold stock have on its future price. Asante Gold autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Asante Gold autocorrelation shows the relationship between Asante Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Asante Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Asante Stock Analysis
When running Asante Gold's price analysis, check to measure Asante Gold'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 Asante Gold is operating at the current time. Most of Asante Gold's value examination focuses on studying past and present price action to predict the probability of Asante Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asante Gold's price. Additionally, you may evaluate how the addition of Asante Gold to your portfolios can decrease your overall portfolio volatility.