ASG Stock Summary and Trading Ideas (Liberty All-Star Growth | NYSE:ASG)

To seek long-term capital appreciation through investment primarily in a diversified portfolio of equity securities. Multi-managed fund that allocates its portfolio assets on an approximately equal basis among several independent investment organizations (currently three in number) having different investment styles and/or strategies recommended and monitored by ALPS Advisors, Inc., the Fund's investment adviser. Portfolio Management: Weatherbie Capital, LLC | Small-Cap Growth | Matthew A. Weatherbie, CFA TCW Investment Management Company | Mid-Cap Growth | Chang Lee & Mike Olson, CFA Sustainable Growth Advisers, LP | Large-Cap Growth | George Fraise, Robert Rohn & Gordon Marchand, CFA

Liberty All-Star Growth trades on the NYSE stock market under the symbol ASG.

As of April 18, 2024, ASG stock price declined to $5.03 with 191,257 million shares trading.

ASG has a beta of 1.25, meaning it tends to be more sensitive to market movements. ASG has a correlation of 0.72 to the broad based SPY ETF.

ASG has a market cap of $297.87 million. This is considered a Small Cap stock.

In the last 3 years, ASG stock traded as high as $10.20 and as low as $4.47.

ASG has underperformed the market in the last year with a price return of +3.8% while the SPY ETF gained +22.3%. ASG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.4% and -7.2%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

ASG support price is $5.00 and resistance is $5.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASG stock will trade within this expected range on the day.