Ascendant Resources Stock Analysis
| ASDRF Stock | USD 0.03 0 5.33% |
Ascendant Resources is overvalued with Real Value of 0.0261 and Hype Value of 0.03. The main objective of Ascendant Resources otc analysis is to determine its intrinsic value, which is an estimate of what Ascendant Resources is worth, separate from its market price. There are two main types of Ascendant Resources' stock analysis: fundamental analysis and technical analysis.
The Ascendant Resources otc stock is traded in the USA on OTCQB Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ascendant Resources' ongoing operational relationships across important fundamental and technical indicators.
Ascendant |
Ascendant OTC Stock Analysis Notes
About 17.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.05. Ascendant Resources last dividend was issued on the 21st of December 2016. The entity had 1:5 split on the 21st of December 2016. 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.The quote for Ascendant Resources is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. For more info on Ascendant Resources please contact the company at 647 796 0066 or go to https://www.ascendantresources.com.Ascendant Resources Investment Alerts
| Ascendant Resources is way too risky over 90 days horizon | |
| Ascendant Resources has some characteristics of a very speculative penny stock | |
| Ascendant Resources appears to be risky and price may revert if volatility continues | |
| 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 |
Ascendant Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 26.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ascendant Resources's market, we take the total number of its shares issued and multiply it by Ascendant Resources'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 those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 24th of December, Ascendant Resources shows the mean deviation of 5.82, and Risk Adjusted Performance of 0.0595. Ascendant Resources technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Ascendant Resources, which can be compared to its peers. Please confirm Ascendant Resources standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Ascendant Resources is priced correctly, providing market reflects its regular price of 0.0316 per share. As Ascendant Resources appears to be a penny stock we also recommend to validate its jensen alpha numbers.Ascendant Resources Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ascendant Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ascendant Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Ascendant Resources Predictive Daily Indicators
Ascendant Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ascendant Resources otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 0.0316 | |||
| Day Typical Price | 0.0316 | |||
| Price Action Indicator | 8.0E-4 | |||
| Period Momentum Indicator | 0.0016 |
Ascendant Resources Forecast Models
Ascendant Resources' time-series forecasting models are one of many Ascendant Resources' otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ascendant Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Ascendant OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Ascendant Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ascendant shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Ascendant Resources. By using and applying Ascendant OTC Stock analysis, traders can create a robust methodology for identifying Ascendant entry and exit points for their positions.
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.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Ascendant Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Earnings Calls Now
Earnings CallsCheck upcoming earnings announcements updated hourly across public exchanges |
| All Next | Launch Module |
Complementary Tools for Ascendant OTC Stock analysis
When running Ascendant Resources' price analysis, check to measure Ascendant Resources' 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 Ascendant Resources is operating at the current time. Most of Ascendant Resources' value examination focuses on studying past and present price action to predict the probability of Ascendant Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ascendant Resources' price. Additionally, you may evaluate how the addition of Ascendant Resources to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |