Ascendant Resources Ownership

ASND Stock  CAD 0.05  0.01  25.00%   
Ascendant Resources holds a total of 186.64 Million outstanding shares. Ascendant Resources shows 3.28 percent of its outstanding shares held by insiders and 14.51 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
2007-09-30
Previous Quarter
179.2 M
Current Value
185.8 M
Avarage Shares Outstanding
56.2 M
Quarterly Volatility
52.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Ascendant Resources in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Ascendant Resources, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
As of the 22nd of December 2024, Dividend Paid And Capex Coverage Ratio is likely to drop to -1.31. As of the 22nd of December 2024, Common Stock Shares Outstanding is likely to grow to about 140.3 M, while Net Loss is likely to drop (4.5 M).
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascendant Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ascendant Stock Ownership Analysis

About 15.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.03. 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. 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. For more info on Ascendant Resources please contact the company at 647 805 5662 or go to https://www.ascendantresources.com.

Ascendant Resources Outstanding Bonds

Ascendant Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ascendant Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ascendant bonds can be classified according to their maturity, which is the date when Ascendant Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Pair Trading with Ascendant Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ascendant Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ascendant Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Ascendant Stock

  0.31KDA KDA GroupPairCorr
The ability to find closely correlated positions to Ascendant Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascendant Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ascendant Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ascendant Resources to buy it.
The correlation of Ascendant Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ascendant Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascendant Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ascendant Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Ascendant Stock

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.