Asics Corp Adr Stock Performance
| ASCCY Stock | USD 19.53 0.96 5.17% |
Asics Corp has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asics Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asics Corp is expected to be smaller as well. Asics Corp ADR right now shows a risk of 2.42%. Please confirm Asics Corp ADR potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Asics Corp ADR will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Asics Corp ADR are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong fundamental indicators, Asics Corp is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 80.5 B | |
| Total Cashflows From Investing Activities | -10.2 B |
Asics |
Asics Corp Relative Risk vs. Return Landscape
If you would invest 1,884 in Asics Corp ADR on August 28, 2024 and sell it today you would earn a total of 69.00 from holding Asics Corp ADR or generate 3.66% return on investment over 90 days. Asics Corp ADR is currently producing 0.0857% returns and takes up 2.4164% volatility of returns over 90 trading days. Put another way, 21% 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 Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asics Corp's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Asics Corp ADR, and traders can use it to determine the average amount a Asics Corp'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 = 0.0355
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ASCCY | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 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.
Asics Corp Fundamentals Growth
Asics Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Asics Corp, and Asics Corp 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 | 4.47 B | |||
| Shares Outstanding | 183.17 M | |||
| Price To Earning | 64.77 X | |||
| Price To Book | 2.85 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 404.13 B | |||
| EBITDA | 30.21 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 | |||
| Retained Earnings | 154.71 B | |||
| Current Asset | 211.81 B | |||
| Current Liabilities | 60.59 B | |||
About Asics Corp Performance
Evaluating Asics Corp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Asics Corp 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 Corp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 Corp ADR performance evaluation
Checking the ongoing alerts about Asics Corp for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Asics Corp ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Asics Corp's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Asics Corp's pink sheet performance include:- Analyzing Asics Corp'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 Corp's stock is overvalued or undervalued compared to its peers.
- Examining Asics Corp'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 Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asics Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asics Corp's pink sheet. These opinions can provide insight into Asics Corp's potential for growth and whether the stock is currently undervalued or overvalued.
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.