ASA Gold and Precious Metals Limited (ASA)

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ASA Gold and Precious Metals Limited (ASA) is down 18.0% since the beginning of the year. At $49 per share, ASA is trading 41.2% below its 52-week high of $83. Investors who bought $1,000 worth of ASA shares 5 years ago would now be looking at an investment worth $2,229.

ASA Gold and Precious Metals Limited (ASA) has returned -17.95% so far this year and 57.88% over the past 12 months. Over the last ten years, ASA has returned 11.69% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.

Based on dividend-adjusted daily data since Jan 3, 1978, ASA's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, an investment would double in approximately 6.0 years.

Historically, 53% of months were positive and 47% were negative. The best month was Sep 1998 with a return of +51.4%, while the worst month was Oct 2008 at -31.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ASA closed higher 47% of trading days. The best single day was Mar 24, 2020 with a return of +19.5%, while the worst single day was Mar 18, 2020 at -17.9%.

ASA Gold and Precious Metals Limited has an annualized alpha of 9.30%, beta of 0.26, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 03, 1978.

• This stock participated in 61.17% of S&P 500 Index downside but only 52.21% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.26 may look defensive, but with R2 of 0.02 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.02 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

ASA ranks 74 for risk / return — above 74% of stocks peers on PortfoliosLab. Its historical combined result is above most peers.

ASA Gold and Precious Metals Limited provided a 0.14% dividend yield over the last twelve months, with an annual payout of $0.07 per share. The company has been increasing its dividends for 6 consecutive years.

The table displays the monthly dividend distributions for ASA Gold and Precious Metals Limited. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the ASA Gold and Precious Metals Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ASA Gold and Precious Metals Limited was 80.36%, occurring on Aug 31, 1998. Recovery took 1850 trading sessions.

The current ASA Gold and Precious Metals Limited drawdown is 39.77%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of ASA Gold and Precious Metals Limited over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how ASA Gold and Precious Metals Limited is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.