Asante Gold Stock Performance
| ASGOF Stock | USD 1.23 0.12 8.89% |
The firm shows a Beta (market volatility) of 1.2, 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, Asante Gold will likely underperform. At this point, Asante Gold has a negative expected return of -0.2%. Please make sure to confirm Asante Gold's kurtosis, day median price, as well as the relationship between the treynor ratio and standard deviation , to decide if Asante Gold performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Asante Gold has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 479.1 K | |
| Total Cashflows From Investing Activities | -75.5 M |
Asante |
Asante Gold Relative Risk vs. Return Landscape
If you would invest 147.00 in Asante Gold on November 15, 2025 and sell it today you would lose (24.00) from holding Asante Gold or give up 16.33% of portfolio value over 90 days. Asante Gold is currently producing negative expected returns and takes up 4.3381% volatility of returns over 90 trading days. Put another way, 38% of traded pink sheets are less volatile than Asante, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Asante Gold Target Price Odds to finish over Current Price
The tendency of Asante Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 1.23 | 90 days | 1.23 | about 90.88 |
Based on a normal probability distribution, the odds of Asante Gold to move above the current price in 90 days from now is about 90.88 (This Asante Gold probability density function shows the probability of Asante Pink Sheet to fall within a particular range of prices over 90 days) .
Asante Gold Price Density |
| Price |
Predictive Modules for Asante Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asante Gold. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Asante Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asante Gold is not an exception. The market had few large corrections towards the Asante Gold's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Asante Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asante Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | 1.20 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.07 |
Asante Gold Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Asante Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asante Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Asante Gold generated a negative expected return over the last 90 days | |
| Asante Gold may become a speculative penny stock | |
| Asante Gold has high historical volatility and very poor performance | |
| Asante Gold has high likelihood to experience some financial distress in the next 2 years | |
| Asante Gold has accumulated 136.25 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Asante Gold has a current ratio of 0.42, 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 Asante Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Asante Gold's 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 Asante Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asante to invest in growth at high rates of return. When we think about Asante Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (8.48 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Asante Gold has accumulated about 114.49 M in cash with (2.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32. | |
| Roughly 43.0% of Asante Gold shares are held by company insiders |
Asante Gold Fundamentals Growth
Asante Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Asante Gold, and Asante Gold 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 Asante Pink Sheet performance.
| Return On Equity | -0.7 | |||
| Return On Asset | -0.0993 | |||
| Profit Margin | (0.92) % | |||
| Operating Margin | (0.76) % | |||
| Current Valuation | 289.18 M | |||
| Shares Outstanding | 370.1 M | |||
| Price To Earning | 1.82 X | |||
| Price To Book | 2.45 X | |||
| EBITDA | (7.32 M) | |||
| Cash And Equivalents | 114.49 M | |||
| Cash Per Share | 0.32 X | |||
| Total Debt | 136.25 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.53 X | |||
| Cash Flow From Operations | (2.27 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 226.85 M | |||
About Asante Gold Performance
By analyzing Asante Gold's fundamental ratios, stakeholders can gain valuable insights into Asante Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Asante Gold 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 Asante Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties in the Republic of Ghana. Asante Gold Corporation was incorporated in 2011 and is based in Vancouver, Canada. Asante Gold is traded on OTC Exchange in the United States.Things to note about Asante Gold performance evaluation
Checking the ongoing alerts about Asante Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Asante Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asante Gold generated a negative expected return over the last 90 days | |
| Asante Gold may become a speculative penny stock | |
| Asante Gold has high historical volatility and very poor performance | |
| Asante Gold has high likelihood to experience some financial distress in the next 2 years | |
| Asante Gold has accumulated 136.25 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Asante Gold has a current ratio of 0.42, 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 Asante Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Asante Gold's 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 Asante Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asante to invest in growth at high rates of return. When we think about Asante Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (8.48 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Asante Gold has accumulated about 114.49 M in cash with (2.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32. | |
| Roughly 43.0% of Asante Gold shares are held by company insiders |
- Analyzing Asante Gold'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 Asante Gold's stock is overvalued or undervalued compared to its peers.
- Examining Asante Gold'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 Asante Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asante Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asante Gold's pink sheet. These opinions can provide insight into Asante Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Asante Pink Sheet 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.
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