Asiabasemetals Stock Analysis
| ABZ Stock | CAD 0.07 0.01 12.50% |
Asiabasemetals is overvalued with Real Value of 0.0651 and Hype Value of 0.07. The main objective of Asiabasemetals stock analysis is to determine its intrinsic value, which is an estimate of what Asiabasemetals is worth, separate from its market price. There are two main types of Asiabasemetals' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Asiabasemetals' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Asiabasemetals' stock to identify patterns and trends that may indicate its future price movements.
The Asiabasemetals stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Asiabasemetals is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Asiabasemetals Stock trading window is adjusted to America/Toronto timezone.
Asiabasemetals |
Asiabasemetals Stock Analysis Notes
About 67.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.01. Asiabasemetals had not issued any dividends in recent years. The entity had 3:2 split on the 12th of July 2018. AsiaBaseMetals Inc. engages in the exploration and development of metals in Canada. The company was incorporated in 2009 and is based in Vancouver, Canada. ASIABASEMETALS INC is traded on TSX Venture Exchange in Canada. For more info on Asiabasemetals please contact the company at 604 765 2030 or go to https://asiabasemetals.com.Asiabasemetals Investment Alerts
| Asiabasemetals generated a negative expected return over the last 90 days | |
| Asiabasemetals has high historical volatility and very poor performance | |
| Asiabasemetals has some characteristics of a very speculative penny stock | |
| Asiabasemetals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (663.1 K) with loss before overhead, payroll, taxes, and interest of (4.45 K). | |
| Asiabasemetals has accumulated about 175.39 K in cash with (35.19 K) of positive cash flow from operations. | |
| Roughly 67.0% of the company shares are held by company insiders |
Asiabasemetals Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asiabasemetals's market, we take the total number of its shares issued and multiply it by Asiabasemetals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Asiabasemetals Profitablity
Asiabasemetals' profitability indicators refer to fundamental financial ratios that showcase Asiabasemetals' ability to generate income relative to its revenue or operating costs. If, let's say, Asiabasemetals is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Asiabasemetals' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Asiabasemetals' profitability requires more research than a typical breakdown of Asiabasemetals' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (36.64) | (34.81) | |
| Return On Capital Employed | 1.31 | 1.24 | |
| Return On Assets | (36.64) | (34.81) | |
| Return On Equity | 1.51 | 1.44 |
Management Efficiency
Asiabasemetals has return on total asset (ROA) of (3.1099) % which means that it has lost $3.1099 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (133.879) %, meaning that it generated substantial loss on money invested by shareholders. Asiabasemetals' management efficiency ratios could be used to measure how well Asiabasemetals manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to -34.81 in 2024. Return On Capital Employed is likely to drop to 1.24 in 2024. Total Assets is likely to drop to about 17.8 K in 2024. Non Current Assets Total is likely to drop to about 11.5 K in 2024| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (0.01) | (0.01) | |
| Tangible Book Value Per Share | (0.01) | (0.01) | |
| Enterprise Value Over EBITDA | (12.02) | (12.63) | |
| Price Book Value Ratio | (21.50) | (22.57) | |
| Enterprise Value Multiple | (12.02) | (12.63) | |
| Price Fair Value | (21.50) | (22.57) | |
| Enterprise Value | 6.6 M | 5.5 M |
Leadership effectiveness at Asiabasemetals is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 0.542 | Return On Assets (3.11) | Return On Equity (133.88) |
Technical Drivers
As of the 22nd of November, Asiabasemetals shows the Mean Deviation of 2.52, risk adjusted performance of (0.03), and Standard Deviation of 6.67. Asiabasemetals technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Asiabasemetals coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Asiabasemetals is priced correctly, providing market reflects its regular price of 0.07 per share.Asiabasemetals Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Asiabasemetals middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Asiabasemetals. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Asiabasemetals Outstanding Bonds
Asiabasemetals 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. Asiabasemetals 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 Asiabasemetals bonds can be classified according to their maturity, which is the date when Asiabasemetals 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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Asiabasemetals Predictive Daily Indicators
Asiabasemetals 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 Asiabasemetals 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.
Asiabasemetals Forecast Models
Asiabasemetals' time-series forecasting models are one of many Asiabasemetals' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Asiabasemetals' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Asiabasemetals Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Asiabasemetals prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Asiabasemetals shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Asiabasemetals. By using and applying Asiabasemetals Stock analysis, traders can create a robust methodology for identifying Asiabasemetals entry and exit points for their positions.
| Last Reported | Projected for Next Year |
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Additional Tools for Asiabasemetals Stock Analysis
When running Asiabasemetals' price analysis, check to measure Asiabasemetals' 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 Asiabasemetals is operating at the current time. Most of Asiabasemetals' value examination focuses on studying past and present price action to predict the probability of Asiabasemetals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiabasemetals' price. Additionally, you may evaluate how the addition of Asiabasemetals to your portfolios can decrease your overall portfolio volatility.