Ascent Solar Technologies, Stock Market Value
| ASTI Stock | USD 2.10 0.14 7.14% |
| Symbol | Ascent |
Ascent Solar Technol Price To Book Ratio
Is Semiconductors & Semiconductor Equipment space 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 Ascent Solar. If investors know Ascent 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 Ascent Solar 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 (0.90) | Earnings Share 41.49 | Revenue Per Share | Quarterly Revenue Growth 1.79 | Return On Assets |
The market value of Ascent Solar Technol is measured differently than its book value, which is the value of Ascent that is recorded on the company's balance sheet. Investors also form their own opinion of Ascent Solar's value that differs from its market value or its book value, called intrinsic value, which is Ascent Solar'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 Ascent Solar's market value can be influenced by many factors that don't directly affect Ascent Solar'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 Ascent Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ascent Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascent Solar'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.
Ascent Solar 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ascent Solar's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ascent Solar.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Ascent Solar on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Ascent Solar Technologies, or generate 0.0% return on investment in Ascent Solar over 90 days. Ascent Solar is related to or competes with Dennys Corp, Braemar Hotels, Ryman Hospitality, Cannae Holdings, Starbucks, Shake Shack, and RLJ Lodging. Ascent Solar Technologies, Inc. designs, manufactures, and sells copper-indium-gallium-diselenide photovoltaic products ... More
Ascent Solar Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ascent Solar's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ascent Solar Technologies, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.57 | |||
| Information Ratio | 0.0846 | |||
| Maximum Drawdown | 161.25 | |||
| Value At Risk | (12.12) | |||
| Potential Upside | 7.46 |
Ascent Solar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascent Solar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ascent Solar's standard deviation. In reality, there are many statistical measures that can use Ascent Solar historical prices to predict the future Ascent Solar's volatility.| Risk Adjusted Performance | 0.0955 | |||
| Jensen Alpha | 1.26 | |||
| Total Risk Alpha | (0.91) | |||
| Sortino Ratio | 0.1861 | |||
| Treynor Ratio | 0.4888 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ascent Solar's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ascent Solar Technol Backtested Returns
Ascent Solar is abnormally volatile given 3 months investment horizon. Ascent Solar Technol secures Sharpe Ratio (or Efficiency) of 0.0869, which signifies that the company had a 0.0869 % return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.68% are justified by taking the suggested risk. Use Ascent Solar risk adjusted performance of 0.0955, and Mean Deviation of 6.7 to evaluate company specific risk that cannot be diversified away. Ascent Solar holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.53, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ascent Solar will likely underperform. Use Ascent Solar coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on Ascent Solar.
Auto-correlation | 0.43 |
Average predictability
Ascent Solar Technologies, has average predictability. Overlapping area represents the amount of predictability between Ascent Solar time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ascent Solar Technol price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Ascent Solar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Ascent Solar Technol lagged returns against current returns
Autocorrelation, which is Ascent Solar stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ascent Solar's stock expected returns. We can calculate the autocorrelation of Ascent Solar returns to help us make a trade decision. For example, suppose you find that Ascent Solar has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ascent Solar regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ascent Solar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ascent Solar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ascent Solar stock over time.
Current vs Lagged Prices |
| Timeline |
Ascent Solar Lagged Returns
When evaluating Ascent Solar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ascent Solar stock have on its future price. Ascent Solar autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ascent Solar autocorrelation shows the relationship between Ascent Solar stock current value and its past values and can show if there is a momentum factor associated with investing in Ascent Solar Technologies,.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Ascent Solar Technol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ascent Solar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ascent Solar Technologies, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ascent Solar Technologies, Stock:Check out Ascent Solar Correlation, Ascent Solar Volatility and Ascent Solar Alpha and Beta module to complement your research on Ascent Solar. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Ascent Solar 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.