We suggest to use Ascendant Resources fundamental analysis to find out if markets are presently mispricing the company. Put another way you can use it to find out if Ascendant Resources is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down and interpolate data for thirty available fundamental indicators for Ascendant Resources, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Ascendant Resources to be traded at C$0.0625 in 90 days. Key indicators impacting Ascendant Resources' financial strength include:
Understanding current and past Ascendant Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ascendant Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Ascendant Resources' assets may result in an increase in income on the income statement.
Ascendant Resources competes with Titan Mining, Fireweed Zinc, Excelsior Mining, SolGold PLC, and Silver Bull. Ascendant Resources Inc. explores for and evaluates mineral properties in Canada. Ascendant Resources Inc. was incorporated in 2006 and is headquartered in Toronto, Canada. ASCENDANT RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Ascendant Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ascendant Stock, because this is throwing your money away. Analyzing the key information contained in Ascendant Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ascendant Resources Key Financial Ratios
Ascendant Resources' financial ratios allow both analysts and investors to convert raw data from Ascendant Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Ascendant Resources over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Ascendant Resources's current stock value. Our valuation model uses many indicators to compare Ascendant Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ascendant Resources competition to find correlations between indicators driving Ascendant Resources's intrinsic value. More Info.
Ascendant Resources is number one stock in return on equity category among its peers. It is rated fifth in return on asset category among its peers . At this time, Ascendant Resources' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ascendant Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ascendant Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Ascendant Resources Systematic Risk
Ascendant Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ascendant Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Ascendant Resources correlated with the market. If Beta is less than 0 Ascendant Resources generally moves in the opposite direction as compared to the market. If Ascendant Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ascendant Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ascendant Resources is generally in the same direction as the market. If Beta > 1 Ascendant Resources moves generally in the same direction as, but more than the movement of the benchmark.
Ascendant Resources Total Assets Over Time
Today, most investors in Ascendant Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ascendant Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ascendant Resources growth as a starting point in their analysis.
Ascendant Resources December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ascendant Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ascendant Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ascendant Resources based on widely used predictive technical indicators. In general, we focus on analyzing Ascendant Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ascendant Resources's daily price indicators and compare them against related drivers.
Ascendant Resources financial ratios help investors to determine whether Ascendant Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ascendant with respect to the benefits of owning Ascendant Resources security.