ASA Gold Stock Today

ASA
 Stock
  

USD 14.30  0.05  0.35%   

Market Performance
3 of 100
Odds Of Distress
Less than 27
ASA Gold is trading at 14.30 as of the 6th of December 2022, a -0.35 percent decrease since the beginning of the trading day. The stock's open price was 14.35. ASA Gold has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for ASA Gold And are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of September 2022 and ending today, the 6th of December 2022. Click here to learn more.
CUSIP
G3156P103
Fiscal Year End
November
Business Domain
Diversified Financials
IPO Date
3rd of January 1978
Category
Financial Services
Classification
Financials
ASA Gold and Precious Metals Limited is a publicly owned investment manager. ASA Gold and Precious Metals Limited was founded in 1958 and is based in Portland, Maine. ASA Gold is traded on New York Stock Exchange in the United States. The company has 19.29 M outstanding shares of which 5.9 K shares are presently shorted by investors with about 0.08 days to cover. More on ASA Gold And

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Follow Valuation Odds of Bankruptcy
Check how we calculate scores

ASA Gold Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ASA Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ASA Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
On 23rd of November 2022 ASA Gold paid $ 0.01 per share dividend to its current shareholders
Latest headline from news.google.com: ASA Gold and Precious Metals Limited Short Interest Up 78.8 percent in November - MarketBeat
CEODavid Christensen
Fama & French Classification
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ASA Gold's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
ASA Gold And (ASA) is traded on New York Stock Exchange in USA. It is located in Three Canal Plaza, Portland, ME, United States, 04101 and employs 15 people. ASA Gold is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with total capitalization of 282.6 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASA Gold's market, we take the total number of its shares issued and multiply it by ASA Gold'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 these looking for more risk prefer small-cap and mid-cap equities. ASA Gold And runs under Capital Markets sector within Financials industry. The entity has 19.29 M outstanding shares of which 5.9 K shares are presently shorted by investors with about 0.08 days to cover. ASA Gold And has about 1.19 M in cash with 18.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check ASA Gold Probability Of Bankruptcy
Ownership
ASA Gold And shows a total of 19.29 Million outstanding shares. 30% of ASA Gold And outstanding shares are owned by institutions. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Thereupon, institutional investors are subject to different rules and regulation than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check ASA Gold Ownership Details

ASA Gold Stock Price Odds Analysis

What are ASA Gold's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ASA Gold jumping above the current price in 90 days from now is nearly 4.88%. The ASA Gold And probability density function shows the probability of ASA Gold stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1641. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ASA Gold will likely underperform. Additionally, the company has an alpha of 0.0117, implying that it can generate a 0.0117 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 14.3HorizonTargetOdds Above 14.3
95.06%90 days
 14.30 
4.88%
Based on a normal probability distribution, the odds of ASA Gold to move above the current price in 90 days from now is nearly 4.88 (This ASA Gold And probability density function shows the probability of ASA Gold Stock to fall within a particular range of prices over 90 days) .

ASA Gold And Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing 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. Although ASA Gold's alpha and beta are two of the key measurements used to evaluate ASA Gold's performance over the market, the standard measures of volatility play an important role as well.

ASA Gold Stock Against Markets

Picking the right benchmark for ASA Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ASA Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ASA Gold is critical whether you are bullish or bearish towards ASA Gold And at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ASA Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ASA Gold Corporate Directors

ASA Gold corporate directors refer to members of an ASA Gold board of directors. The board of directors generally takes responsibility for the ASA Gold's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ASA Gold's board members must vote for the resolution. The ASA Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gary Glynn - Independent DirectorProfile
Bruce Hansen - Independent DirectorProfile
Robert Pilkington - Independent DirectorProfile
Anthony Artabane - Independent DirectorProfile

Invested in ASA Gold And?

The danger of trading ASA Gold And is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ASA Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ASA Gold. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASA Gold And is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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Is ASA Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASA Gold. If investors know ASA Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASA Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.3
Market Capitalization
282.6 M
Quarterly Revenue Growth YOY
0.49
Return On Assets
(0.0026) 
Return On Equity
(0.37) 
The market value of ASA Gold And is measured differently than its book value, which is the value of ASA Gold that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine ASA Gold value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.