ASA Gold Stock Technical Analysis


USD 14.32  0.03  0.21%   

As of the 6th of December, ASA Gold owns the coefficient of variation of 2470.39, and Market Risk Adjusted Performance of 0.0915. ASA Gold And technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for ASA Gold, which can be compared to its peers in the sector. Please confirm ASA Gold And jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if ASA Gold And is priced correctly, providing market reflects its prevailing price of 14.32 per share. Given that ASA Gold And has jensen alpha of 0.0117, we suggest you to validate ASA Gold's latest market performance to make sure the company can sustain itself in the future.

ASA Gold Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ASA Gold, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ASA Gold
ASA Gold's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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.
A focus of ASA Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ASA Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

ASA Gold And Technical Analysis

Time Period
Execute Indicator
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ASA Gold And volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ASA Gold And Trend Analysis

Use this graph to draw trend lines for ASA Gold And. You can use it to identify possible trend reversals for ASA Gold as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ASA Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ASA Gold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ASA Gold And applied against its price change over selected period. The best fit line has a slop of   0.01455  , which may imply that ASA Gold And will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 8.01, which is the sum of squared deviations for the predicted ASA Gold price change compared to its average price change.

About ASA Gold Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ASA Gold And on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ASA Gold And based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ASA Gold And price pattern first instead of the macroeconomic environment surrounding ASA Gold And. By analyzing ASA Gold's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ASA Gold's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ASA Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.

ASA Gold December 6, 2022 Technical Indicators

Most technical analysis of ASA Gold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ASA Gold from various momentum indicators to cycle indicators. When you analyze ASA Gold charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

ASA Gold December 6, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as ASA Gold stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please continue to Trending Equities. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for analysis

When running ASA Gold And price analysis, check to measure ASA 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 ASA Gold is operating at the current time. Most of ASA Gold's value examination focuses on studying past and present price action to predict the probability of ASA Gold's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ASA Gold's price. Additionally, you may evaluate how the addition of ASA Gold to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
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
Market Capitalization
282.6 M
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
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.