Ascendant Resources Stock Performance
| ASDRF Stock | USD 0.03 0.01 25.00% |
On a scale of 0 to 100, Ascendant Resources holds a performance score of 4. The firm shows a Beta (market volatility) of 2.94, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ascendant Resources will likely underperform. Please check Ascendant Resources' standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to make a quick decision on whether Ascendant Resources' price patterns will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Ascendant Resources are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Ascendant Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...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 3.00 in Ascendant Resources on October 20, 2024 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 0.774% returns and takes up 12.7987% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Ascendant, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ascendant Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascendant Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Ascendant Resources, and traders can use it to determine the average amount a Ascendant Resources' 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 = 0.0605
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Estimated Market Risk
| 12.8 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Ascendant Resources is performing at about 4% of its full potential. 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 Ascendant Resources by adding it to a well-diversified portfolio.
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 way too risky over 90 days horizon | |
| Ascendant Resources has some characteristics of a very speculative penny stock | |
| Ascendant Resources appears to be risky and price may revert if volatility continues | |
| 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.
Complementary Tools for Ascendant OTC Stock analysis
When running Ascendant Resources' price analysis, check to measure Ascendant Resources' 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 Ascendant Resources is operating at the current time. Most of Ascendant Resources' value examination focuses on studying past and present price action to predict the probability of Ascendant Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ascendant Resources' price. Additionally, you may evaluate how the addition of Ascendant Resources to your portfolios can decrease your overall portfolio volatility.
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