Asics Corp Adr Stock Price on September 30, 2024
| ASCCY Stock | USD 20.36 0.74 3.77% |
If you're considering investing in Asics Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Asics Corp stands at 20.36, as last reported on the 29th of November, with the highest price reaching 20.54 and the lowest price hitting 19.86 during the day. At this stage we consider Asics Pink Sheet to be not too volatile. Asics Corp ADR secures Sharpe Ratio (or Efficiency) of 0.0346, which signifies that the company had a 0.0346% return per unit of risk over the last 3 months. We have found thirty technical indicators for Asics Corp ADR, which you can use to evaluate the volatility of the firm. Please confirm Asics Corp's Risk Adjusted Performance of 0.0527, downside deviation of 2.28, and Mean Deviation of 1.76 to double-check if the risk estimate we provide is consistent with the expected return of 0.0826%.
Asics Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Asics |
Sharpe Ratio = 0.0346
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Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Asics Corp is performing at about 2% 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 Asics Corp by adding it to a well-diversified portfolio.
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Asics Corp Valuation on September 30, 2024
It is possible to determine the worth of Asics Corp on a given historical date. On September 30, 2024 Asics was worth 20.3 at the beginning of the trading date compared to the closed value of 20.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asics Corp pink sheet. Still, in general, we apply an absolute valuation method to find Asics Corp'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 Asics Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asics Corp's related companies.
| Open | High | Low | Close | Volume | |
| 21.65 | 21.65 | 20.50 | 20.55 | 41,600 | |
09/30/2024 | 20.30 | 21.34 | 20.30 | 20.92 | 22,300 |
| 20.92 | 22.00 | 20.75 | 20.91 | 31,800 |
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Asics Corp Trading Date Momentum on September 30, 2024
| On October 01 2024 Asics Corp ADR was traded for 20.91 at the closing time. The highest daily price throughout the period was 22.00 and the lowest price was 20.75 . The daily volume was 31.8 K. The net trading volume on 10/01/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.05% . The overall trading delta to current closing price is 6.26% . |
Asics Corp ADR Fundamentals Correlations and Trends
By evaluating Asics Corp'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 Asics Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asics Corp Pink Sheet history
Asics Corp 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 Asics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asics Corp ADR 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 Asics Corp stock prices may prove useful in developing a viable investing in Asics Corp
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.
Asics Corp Pink Sheet Technical Analysis
Asics Corp 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
Asics Corp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Asics Corp ADR 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.
Asics Corp November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Asics Corp 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 Asics Corp shares will generate the highest return on investment. By undertsting and applying Asics Corp pink sheet market strength indicators, traders can identify Asics Corp ADR entry and exit signals to maximize returns
Asics Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asics Corp's price direction in advance. Along with the technical and fundamental analysis of Asics Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asics 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 | 0.0527 | |||
| Jensen Alpha | 0.0485 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0081 | |||
| Treynor Ratio | 0.1809 |
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Additional Tools for Asics Pink Sheet Analysis
When running Asics Corp's price analysis, check to measure Asics Corp'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 Corp is operating at the current time. Most of Asics Corp's value examination focuses on studying past and present price action to predict the probability of Asics Corp'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 Corp's price. Additionally, you may evaluate how the addition of Asics Corp to your portfolios can decrease your overall portfolio volatility.