Ascendant Resources Performance
| ASDRFDelisted Stock | USD 0.05 0.0008 1.47% |
The firm shows a Beta (market volatility) of -0.87, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Ascendant Resources are expected to decrease slowly. On the other hand, during market turmoil, Ascendant Resources is expected to outperform it slightly. At this point, Ascendant Resources has a negative expected return of -0.48%. Please make sure to confirm Ascendant Resources' standard deviation and the relationship between the treynor ratio and day typical price , to decide if Ascendant Resources performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Ascendant Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in August 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 756 K | |
| Total Cashflows From Investing Activities | -3 M |
Ascendant |
Ascendant Resources Relative Risk vs. Return Landscape
If you would invest 6.00 in Ascendant Resources on April 23, 2025 and sell it today you would lose (0.65) from holding Ascendant Resources or give up 10.83% of portfolio value over 90 days. Ascendant Resources is currently producing negative expected returns and takes up 2.9251% volatility of returns over 90 trading days. Put another way, 26% of traded otc stocks are less volatile than Ascendant, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ascendant Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascendant Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Ascendant Resources, and traders can use it to determine the average amount a Ascendant Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1625
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Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ascendant Resources is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ascendant Resources by adding Ascendant Resources to a well-diversified portfolio.
Ascendant Resources Fundamentals Growth
Ascendant OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Ascendant Resources, and Ascendant Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ascendant OTC Stock performance.
| Return On Equity | -2.94 | |||
| Return On Asset | -0.23 | |||
| Current Valuation | 19.21 M | |||
| Shares Outstanding | 129.42 M | |||
| Price To Earning | 10.00 X | |||
| Price To Book | 11.93 X | |||
| Price To Sales | 0.22 X | |||
| EBITDA | (4.05 M) | |||
| Cash And Equivalents | 141 K | |||
| Total Debt | 3.95 M | |||
| Debt To Equity | 1.23 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (2.35 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 7.91 M | |||
About Ascendant Resources Performance
By analyzing Ascendant Resources' fundamental ratios, stakeholders can gain valuable insights into Ascendant Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ascendant Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ascendant Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ascendant Resources Inc., a mining company, explores for and develops mineral properties. Ascendant Resources Inc. was incorporated in 2006 and is headquartered in Toronto, Canada. Ascendant Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Ascendant Resources performance evaluation
Checking the ongoing alerts about Ascendant Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Ascendant Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ascendant Resources is not yet fully synchronised with the market data | |
| Ascendant Resources generated a negative expected return over the last 90 days | |
| Ascendant Resources has some characteristics of a very speculative penny stock | |
| Ascendant Resources has a very high chance of going through financial distress in the upcoming years | |
| Ascendant Resources has accumulated 3.95 M in total debt with debt to equity ratio (D/E) of 1.23, which is about average as compared to similar companies. Ascendant Resources has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ascendant Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Ascendant Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ascendant Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ascendant to invest in growth at high rates of return. When we think about Ascendant Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.72 M) with profit before overhead, payroll, taxes, and interest of 23.89 M. | |
| Ascendant Resources has accumulated about 141 K in cash with (2.35 M) of positive cash flow from operations. | |
| Roughly 17.0% of Ascendant Resources shares are held by company insiders |
- Analyzing Ascendant Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ascendant Resources' stock is overvalued or undervalued compared to its peers.
- Examining Ascendant Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ascendant Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ascendant Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Ascendant Resources' otc stock. These opinions can provide insight into Ascendant Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in Ascendant OTC Stock
If you are still planning to invest in Ascendant Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ascendant Resources' history and understand the potential risks before investing.
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