Asics Stock Performance
| ASCCF Stock | USD 15.30 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ASICS's returns are expected to increase less than the market. However, during the bear market, the loss of holding ASICS is expected to be smaller as well. ASICS now shows a risk of 2.86%. Please confirm ASICS information ratio, as well as the relationship between the skewness and day median price , to decide if ASICS will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days ASICS has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, ASICS is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 80.5 B | |
| Total Cashflows From Investing Activities | -10.2 B |
ASICS |
ASICS Relative Risk vs. Return Landscape
If you would invest 1,563 in ASICS on August 31, 2024 and sell it today you would lose (33.00) from holding ASICS or give up 2.11% of portfolio value over 90 days. ASICS is currently producing 0.0064% returns and takes up 2.8594% volatility of returns over 90 trading days. Put another way, 25% of traded pink sheets are less volatile than ASICS, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ASICS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASICS's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as ASICS, and traders can use it to determine the average amount a ASICS's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0023
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ASCCF |
Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ASICS is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ASICS by adding ASICS to a well-diversified portfolio.
ASICS Fundamentals Growth
ASICS Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of ASICS, and ASICS fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ASICS Pink Sheet performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0549 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 4.42 B | |||
| Shares Outstanding | 183.17 M | |||
| Price To Earning | 43.63 X | |||
| Price To Book | 2.83 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 404.13 B | |||
| EBITDA | 30.19 B | |||
| Cash And Equivalents | 66.69 B | |||
| Cash Per Share | 364.10 X | |||
| Total Debt | 72.5 B | |||
| Debt To Equity | 0.57 % | |||
| Book Value Per Share | 933.06 X | |||
| Cash Flow From Operations | 49.15 B | |||
| Earnings Per Share | 0.56 X | |||
| Total Asset | 345.77 B | |||
About ASICS Performance
By analyzing ASICS's fundamental ratios, stakeholders can gain valuable insights into ASICS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ASICS has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ASICS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ASICS Corporation manufactures and sells sports goods in Japan, the Americas, Europe, Oceania, Southeast and South Asia, and internationally. ASICS Corporation was founded in 1949 and is headquartered in Kobe, Japan. ASICS CORP operates under Footwear Accessories classification in the United States and is traded on OTC Exchange. It employs 8861 people.Things to note about ASICS performance evaluation
Checking the ongoing alerts about ASICS for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for ASICS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 57.0% of the company shares are held by institutions such as insurance companies |
- Analyzing ASICS's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ASICS's stock is overvalued or undervalued compared to its peers.
- Examining ASICS's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ASICS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ASICS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ASICS's pink sheet. These opinions can provide insight into ASICS's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ASICS Pink Sheet analysis
When running ASICS's price analysis, check to measure ASICS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASICS is operating at the current time. Most of ASICS's value examination focuses on studying past and present price action to predict the probability of ASICS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASICS's price. Additionally, you may evaluate how the addition of ASICS to your portfolios can decrease your overall portfolio volatility.
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