Asana Inc Stock Alpha and Beta Analysis
| ASAN Stock | USD 15.74 1.02 6.93% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Asana Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Asana over a specified time horizon. Remember, high Asana'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 Asana's market risk premium analysis include:
Beta 2.48 | Alpha (0.02) | Risk 2.81 | Sharpe Ratio 0.058 | Expected Return 0.16 |
Enterprise Value |
|
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.
Asana |
Asana Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Asana market risk premium is the additional return an investor will receive from holding Asana 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 Asana. 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 Asana's performance over market.| α | -0.02 | β | 2.48 |
Asana 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 Asana's Buy-and-hold return. Our buy-and-hold chart shows how Asana performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Asana Market Price Analysis
Market price analysis indicators help investors to evaluate how Asana stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asana shares will generate the highest return on investment. By understating and applying Asana stock market price indicators, traders can identify Asana position entry and exit signals to maximize returns.
Asana Return and Market Media
The median price of Asana for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 12.18 with a coefficient of variation of 8.81. The daily time series for the period is distributed with a sample standard deviation of 1.11, arithmetic mean of 12.64, and mean deviation of 0.96. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Asana, Inc. Q2 2025 Earnings Call Transcript | 09/05/2024 |
2 | Insider Trading | 09/11/2024 |
3 | Disposition of 29807 shares by Anne Raimondi of Asana at 11.99 subject to Rule 16b-3 | 09/20/2024 |
4 | Asana, Inc. Short Seller Sentiment is Bearish on This AI Stock Under 50 | 09/23/2024 |
5 | Asana COO sells 357k in company stock | 09/24/2024 |
6 | Point72 Asset Management L.P. Buys New Shares in Asana, Inc. - MarketBeat | 09/30/2024 |
7 | Asana, Inc.s Business Is Yet to Catch Up With Its Share Price | 10/10/2024 |
8 | Acquisition by Anderson-copperman Krista of 1088 shares of Asana subject to Rule 16b-3 | 11/01/2024 |
9 | Asana Inc Stock Price Up 3.18 percent on Nov 5 | 11/05/2024 |
10 | Asana Inc Shares Up 4.53 percent on Nov 13 | 11/13/2024 |
11 | Snowflake Inc. Tops Q3 Earnings and Revenue Estimates | 11/20/2024 |
12 | Amazons 4 Billion AI Power Move The Claude Revolution | 11/22/2024 |
About Asana 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 Asana or other stocks. Alpha measures the amount that position in Asana Inc 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.
| 2021 | 2023 (projected) | Payables Turnover | 3.37 | 9.34 | Days Of Inventory On Hand | 6.0E-6 | 7.0E-6 |
Asana Upcoming Company Events
As portrayed in its financial statements, the presentation of Asana's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Asana's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Asana's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Asana. Please utilize our Beneish M Score to check the likelihood of Asana's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 6th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Build Portfolio with Asana
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Asana Backtesting, Asana Valuation, Asana Correlation, Asana Hype Analysis, Asana Volatility, Asana History and analyze Asana Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Asana 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.