ASICS Financials
| ASCCF Stock | USD 15.30 0.00 0.00% |
ASICS |
Understanding current and past ASICS Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ASICS's financial statements are interrelated, with each one affecting the others. For example, an increase in ASICS's assets may result in an increase in income on the income statement.
ASICS Stock Summary
ASICS competes with American Rebel, Crocs, On Holding, Deckers Outdoor, and Skechers USA. 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.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 1-1, Minatojima-Nakamachi 7-chome, |
| Sector | Consumer Cyclical |
| Industry | Footwear & Accessories |
| Benchmark | Dow Jones Industrial |
| Website | corp.asics.com/jp |
| Phone | 81 78 303 2231 |
| Currency | USD - US Dollar |
ASICS Key Financial Ratios
There are many critical financial ratios that ASICS's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ASICS reports annually and quarterly.ASICS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ASICS's current stock value. Our valuation model uses many indicators to compare ASICS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ASICS competition to find correlations between indicators driving ASICS's intrinsic value. More Info.ASICS is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ASICS is roughly 2.28 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ASICS's earnings, one of the primary drivers of an investment's value.ASICS Systematic Risk
ASICS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ASICS volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on ASICS correlated with the market. If Beta is less than 0 ASICS generally moves in the opposite direction as compared to the market. If ASICS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ASICS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ASICS is generally in the same direction as the market. If Beta > 1 ASICS moves generally in the same direction as, but more than the movement of the benchmark.
ASICS November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ASICS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ASICS. We use our internally-developed statistical techniques to arrive at the intrinsic value of ASICS based on widely used predictive technical indicators. In general, we focus on analyzing ASICS Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ASICS's daily price indicators and compare them against related drivers.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 24.99 |
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.
| Stocks Directory Find actively traded stocks across global markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |