Asa Gold And Stock Alpha and Beta Analysis
| ASA Stock | USD 23.39 0.19 0.81% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ASA Gold and. It also helps investors analyze the systematic and unsystematic risks associated with investing in ASA Gold over a specified time horizon. Remember, high ASA Gold's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to ASA Gold's market risk premium analysis include:
Beta 0.13 | Alpha 0.0763 | Risk 1.78 | Sharpe Ratio 0.0781 | Expected Return 0.14 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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ASA Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ASA Gold market risk premium is the additional return an investor will receive from holding ASA Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ASA Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ASA Gold's performance over market.| α | 0.08 | β | 0.13 |
ASA Gold expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ASA Gold's Buy-and-hold return. Our buy-and-hold chart shows how ASA Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ASA Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how ASA Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASA Gold shares will generate the highest return on investment. By understating and applying ASA Gold stock market price indicators, traders can identify ASA Gold position entry and exit signals to maximize returns.
ASA Gold Return and Market Media
The median price of ASA Gold for the period between Sat, Nov 2, 2024 and Fri, Jan 31, 2025 is 20.95 with a coefficient of variation of 4.81. The daily time series for the period is distributed with a sample standard deviation of 1.01, arithmetic mean of 21.03, and mean deviation of 0.9. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| ASA Gold dividend paid on 20th of November 2024 | 11/20/2024 |
1 | Equinor ASA Share buy-back | 12/10/2024 |
2 | poLight ASA to Demonstrate Latest TWedge Wobulator Pixel-Shifting Technology on Advanced Augmented Reality Projectors at CES 2025 | 12/20/2024 |
3 | Acquisition by Alexander Merk of 1100 shares of ASA Gold at 20.3036 subject to Rule 16b-3 | 12/26/2024 |
4 | Acquisition by Alexander Merk of 23068 shares of ASA Gold at 20.1588 subject to Rule 16b-3 | 12/27/2024 |
5 | Acquisition by Alexander Merk of 3366 shares of ASA Gold at 20.3735 subject to Rule 16b-3 | 12/31/2024 |
6 | Scatec ASA Long term incentive programme | 01/03/2025 |
7 | Ultimovacs ASA Disclosure of voting rights of Extraordinary General Meeting | 01/08/2025 |
8 | Acquisition by Donovan William of 200 shares of ASA Gold at 22.06 subject to Rule 16b-3 | 01/10/2025 |
9 | AKVA group ASA New land based contract signed | 01/14/2025 |
10 | Mowi ASA Q4 2024 Trading update | 01/16/2025 |
11 | Acquisition by Saba Capital Management, L.p. of 50965 shares of ASA Gold at 14.38 subject to Rule 16b-3 | 01/17/2025 |
12 | Havila Shipping ASA Allegation from certain banks of default of the restructuring agreement disputed by the company. | 01/21/2025 |
About ASA Gold Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ASA or other stocks. Alpha measures the amount that position in ASA Gold has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ASA Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ASA Gold's short interest history, or implied volatility extrapolated from ASA Gold options trading.
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Align your risk with return expectations
Check out ASA Gold Backtesting, ASA Gold Valuation, ASA Gold Correlation, ASA Gold Hype Analysis, ASA Gold Volatility, ASA Gold History and analyze ASA Gold Performance. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
ASA Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.