Ashland Global Holdings Stock Performance
| ASH Stock | USD 95.49 1.60 1.70% |
On a scale of 0 to 100, Ashland Global holds a performance score of 11. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ashland Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ashland Global is expected to be smaller as well. Please check Ashland Global's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Ashland Global's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ashland Global Holdings are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite fairly inconsistent basic indicators, Ashland Global demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.7 | Five Day Return (0.07) | Year To Date Return 14.09 | Ten Year Return 99.81 | All Time Return 2 K |
Forward Dividend Yield 0.0161 | Payout Ratio 0.4375 | Last Split Factor 511:250 | Forward Dividend Rate 1.54 | Dividend Date 2024-03-15 |
1 | Boys Basketball White, Elwer get Player of Year honors on All-NW Ohio team | 03/13/2024 |
| Ashland Global dividend paid on 15th of March 2024 | 03/15/2024 |
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6 | VIRGINIA SENATOR TIM KAINE RELEASES NEW BOOK, WALK RIDE PADDLE A LIFE OUTSIDE, WITH HARPER HORIZON | 04/09/2024 |
7 | Wells Fargo raises Ashland target to 112, upgrades to overweight | 04/10/2024 |
8 | Chemical Distribution Market Size is projected to reach USD 449.36 billion by 2031, growing at a CAGR of 6.3 percent Straits Research | 04/11/2024 |
9 | Keeping things unique | 04/12/2024 |
10 | Ethiopias Sisay Lemma wins Boston Marathon in runaway Kenyas Hellen Obiri defends her title | 04/15/2024 |
11 | A Look At The Fair Value Of Ashland Inc. | 04/16/2024 |
12 | Downtown Brooklyn Presents Event Series Returns April 20 | 04/18/2024 |
| Begin Period Cash Flow | 646 M | |
| Total Cashflows From Investing Activities | -109 M |
Ashland |
Ashland Global Relative Risk vs. Return Landscape
If you would invest 7,856 in Ashland Global Holdings on January 20, 2024 and sell it today you would earn a total of 1,693 from holding Ashland Global Holdings or generate 21.55% return on investment over 90 days. Ashland Global Holdings is generating 0.334% of daily returns assuming volatility of 2.2777% on return distribution over 90 days investment horizon. In other words, 20% of stocks are less volatile than Ashland, and above 94% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Ashland Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ashland Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ashland Global Holdings, and traders can use it to determine the average amount a Ashland Global'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 = 0.1466
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Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ashland Global 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 Ashland Global by adding it to a well-diversified portfolio.
Ashland Global Fundamentals Growth
Ashland Stock prices reflect investors' perceptions of the future prospects and financial health of Ashland Global, and Ashland Global 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 Ashland Stock performance.
| Return On Equity | 0.0483 | ||||
| Return On Asset | 0.0118 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 5.81 B | ||||
| Shares Outstanding | 50.09 M | ||||
| Price To Earning | 34.63 X | ||||
| Price To Book | 1.56 X | ||||
| Price To Sales | 2.23 X | ||||
| Revenue | 2.19 B | ||||
| Gross Profit | 668 M | ||||
| EBITDA | 403 M | ||||
| Net Income | 178 M | ||||
| Cash And Equivalents | 417 M | ||||
| Cash Per Share | 11.93 X | ||||
| Total Debt | 1.46 B | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 3.20 X | ||||
| Book Value Per Share | 60.94 X | ||||
| Cash Flow From Operations | 243 M | ||||
| Earnings Per Share | 2.91 X | ||||
| Market Capitalization | 4.78 B | ||||
| Total Asset | 5.94 B | ||||
| Retained Earnings | 3.6 B | ||||
| Working Capital | 1.05 B | ||||
| Current Asset | 3.09 B | ||||
| Current Liabilities | 1.44 B | ||||
About Ashland Global Performance
To evaluate Ashland Global Holdings Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ashland Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ashland Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ashland Global Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ashland's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 135.02 | 141.77 | |
| Return On Tangible Assets | 0.06 | 0.04 | |
| Return On Capital Employed | 0.04 | 0.06 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.07 | 0.09 |
Things to note about Ashland Global Holdings performance evaluation
Checking the ongoing alerts about Ashland Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ashland Global Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ashland Global has a poor financial position based on the latest SEC disclosures | |
| Over 96.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of March 2024 Ashland Global paid $ 0.385 per share dividend to its current shareholders | |
| Latest headline from patch.com: Downtown Brooklyn Presents Event Series Returns April 20 |
- Analyzing Ashland Global'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 Ashland Global's stock is overvalued or undervalued compared to its peers.
- Examining Ashland Global'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 Ashland Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ashland Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ashland Global's stock. These opinions can provide insight into Ashland Global's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashland Global Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running Ashland Global's price analysis, check to measure Ashland Global'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 Ashland Global is operating at the current time. Most of Ashland Global's value examination focuses on studying past and present price action to predict the probability of Ashland Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashland Global's price. Additionally, you may evaluate how the addition of Ashland Global to your portfolios can decrease your overall portfolio volatility.
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Is Ashland Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ashland Global. If investors know Ashland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ashland Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 1.49 | Earnings Share 2.91 | Revenue Per Share 40.938 | Quarterly Revenue Growth (0.1) |
The market value of Ashland Global Holdings is measured differently than its book value, which is the value of Ashland that is recorded on the company's balance sheet. Investors also form their own opinion of Ashland Global's value that differs from its market value or its book value, called intrinsic value, which is Ashland Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ashland Global's market value can be influenced by many factors that don't directly affect Ashland Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ashland Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ashland Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashland Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.