ASC · NYSE · Transportation

What does it cost to trade Ardmore Shipping Corp.?

A $10,000 order costs about $56.72 (56.7 bps) between the half-spread and market impact.

Data as of 1 November 2026

Cost of $10k$56.72
Estimated quoted spread73.2 bps
Average daily trading value$14.7M
Daily volatility1.66%
1-day VaR (95%) on $10,000$273
Liquidity tierThin

Estimated cost by order size

Order Half-spread Market impact Total Share of daily volume
$1,000 36.6 bps 7.94 bps $4.45 · 44.5 bps < 0.01%
$10,000 36.7 bps 20.0 bps $56.72 · 56.7 bps 0.068%
$100,000 37.8 bps 51.8 bps $896.16 · 89.6 bps 0.679%

Liquidity

Ardmore Shipping Corp. trades about $14.7M a day, which puts it in the thin liquidity tier. At that depth the model estimates a quoted spread of 73.2 bps, so a market order pays roughly half of it on the way in, and again on the way out. An order stays below 1% of a normal day's trading up to about $147K.

Volatility and risk

Daily volatility is around 1.66%, which is moderate for a stock. On a $10,000 position, the 1-day value at risk at 95% is about $273: on one trading day in twenty, a loss larger than that should be expected. Volatility also widens spreads, which the cost estimate above already includes.

How these figures are estimated

Spread: PreTrAIde's liquidity-tier model (average daily trading value) with a volatility uplift and a one-tick floor. Market impact: an Almgren-Chriss-style model on the order's share of daily volume. VaR: 1.645 × daily volatility. Inputs are 30-day average volume and recent price range. These are estimates, not quotes: the real cost depends on the market when the order is placed. PreTrAIde Methodology: How a Pre-Trade Analysis Is Computed

Frequently asked questions

How much does it cost to buy $10,000 of Ardmore Shipping Corp.?

PreTrAIde estimates about $56.72 (56.7 bps) for a $10,000 market order in Ardmore Shipping Corp.: $36.71 of half-spread and $20.01 of market impact, before any broker commission.

Is Ardmore Shipping Corp. a liquid stock?

Ardmore Shipping Corp. trades about $14.7M a day, in the thin liquidity tier of PreTrAIde's model, with an estimated quoted spread of 73.2 bps.

How volatile is Ardmore Shipping Corp.?

Its daily volatility is about 1.66% (moderate). The 1-day 95% value at risk on a $10,000 position is about $273.

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Educational content, not investment advice. PreTrAIde is analysis software, not a broker: it never executes orders, and its verdicts are decision support, not recommendations to buy or sell.