Asahi Kasei Price on February 28, 2023
| AHKSFDelisted Stock | USD 7.60 0.00 0.00% |
If you're considering investing in Asahi Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Asahi Kasei stands at 7.60, as last reported on the 27th of November, with the highest price reaching 7.60 and the lowest price hitting 7.60 during the day. Asahi Kasei appears to be somewhat reliable, given 3 months investment horizon. Asahi Kasei secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Asahi Kasei, which you can use to evaluate the volatility of the firm. Please makes use of Asahi Kasei's mean deviation of 0.8974, and Risk Adjusted Performance of 0.1105 to double-check if our risk estimates are consistent with your expectations.
Asahi Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Asahi |
Sharpe Ratio = 0.1516
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Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Asahi Kasei is performing at about 11% of its full potential. 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 Asahi Kasei by adding it to a well-diversified portfolio.
Asahi Kasei Valuation on February 28, 2023
It is possible to determine the worth of Asahi Kasei on a given historical date. On February 28, 2023 Asahi was worth 6.45 at the beginning of the trading date compared to the closed value of 6.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asahi Kasei pink sheet. Still, in general, we apply an absolute valuation method to find Asahi Kasei's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Asahi Kasei where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asahi Kasei's related companies.
| Open | High | Low | Close | Volume | |
| 6.52 | 6.57 | 6.47 | 6.57 | 3,451 | |
02/28/2023 | 6.45 | 6.51 | 6.40 | 6.40 | 2,126 |
| 6.53 | 6.53 | 6.42 | 6.42 | 9,396 |
| Backtest Asahi Kasei | | | Asahi Kasei History | | | Asahi Kasei Valuation | Previous | Next |
Asahi Kasei Trading Date Momentum on February 28, 2023
| On March 01 2023 Asahi Kasei was traded for 6.42 at the closing time. The highest daily price throughout the period was 6.53 and the lowest price was 6.42 . The daily volume was 9.4 K. The net trading volume on 03/01/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.31% . The overall trading delta to current closing price is 1.87% . |
Asahi Kasei Fundamentals Correlations and Trends
By evaluating Asahi Kasei's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Asahi Kasei's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asahi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asahi Kasei Pink Sheet history
Asahi Kasei investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Asahi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asahi Kasei will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Asahi Kasei stock prices may prove useful in developing a viable investing in Asahi Kasei
Asahi Kasei Corporation manufactures, processes, and sells chemical products in Japan and internationally. Asahi Kasei Corporation was founded in 1922 and is headquartered in Tokyo, Japan. Asahi Kaisai operates under Chemicals classification in the United States and is traded on OTC Exchange. It employs 46751 people.
Asahi Kasei Pink Sheet Technical Analysis
Asahi Kasei technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Asahi Kasei Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Asahi Kasei cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Asahi Kasei November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Asahi Kasei pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asahi Kasei shares will generate the highest return on investment. By undertsting and applying Asahi Kasei pink sheet market strength indicators, traders can identify Asahi Kasei entry and exit signals to maximize returns
Asahi Kasei Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asahi Kasei's price direction in advance. Along with the technical and fundamental analysis of Asahi Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asahi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1105 | |||
| Jensen Alpha | 0.2696 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0464 | |||
| Treynor Ratio | (2.42) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in Asahi Pink Sheet
If you are still planning to invest in Asahi Kasei check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Asahi Kasei's history and understand the potential risks before investing.
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