ASST Stock Summary and Trading Ideas (Asset Entities - Class B | NASDAQ:ASST)

Asset Entities Inc is an Internet company providing social media marketing, content delivery, and development and design services across Discord, TikTok, and other social media platforms. It has three categories of services: 1) provide subscription upgrades to premium content on investment education and entertainment servers on Discord. 2) codevelop and execute influencer social media and marketing campaigns for clients. 3) design, develop and manage Discord servers for clients under "AE.360.DDM" brand.

Asset Entities - Class B trades on the NASDAQ stock market under the symbol ASST.

As of January 28, 2025, ASST stock price declined to $0.97 with 1,096,893 million shares trading.

ASST has a beta of -0.55, meaning it tends to be less sensitive to market movements. ASST has a correlation of 0.00 to the broad based SPY ETF.

ASST has a market cap of $8.45 million. This is considered a Sub-Micro Cap stock.

The top ETF exchange traded funds that ASST belongs to (by Net Assets): VXF.

ASST has underperformed the market in the last year with a return of -50.3%, while the SPY ETF gained +25.1%. In the last 3 month period, ASST fell short of the market, returning +3.2%, while SPY returned +4.4%. However, in the most recent 2 weeks ASST has outperformed the stock market by returning +111.1%, while SPY returned +3.6%.

ASST support price is $.93 and resistance is $1.21 (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 ASST shares will trade within this expected range on the day.