Ase Industrial Holding Stock Performance
| ASX Stock | USD 10.53 0.04 0.38% |
On a scale of 0 to 100, ASE Industrial holds a performance score of 7. The firm shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ASE Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding ASE Industrial is expected to be smaller as well. Please check ASE Industrial's potential upside, and the relationship between the jensen alpha and accumulation distribution , to make a quick decision on whether ASE Industrial's price patterns will revert.
Risk-Adjusted Performance
7 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in ASE Industrial Holding are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, ASE Industrial showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.38) | Five Day Return 4.27 | Year To Date Return 15.53 | Ten Year Return 124.91 | All Time Return 205.83 |
Forward Dividend Yield 0.0543 | Payout Ratio 1.2235 | Last Split Factor 1029:1000 | Forward Dividend Rate 0.57 | Dividend Date 2023-08-03 |
1 | Latest Global Advanced Packaging Market SizeShare Worth USD 94.4 Billion by 2032 at a 10.2 percent CAGR Custom Market Insights | 02/22/2024 |
2 | ASX Ltds Dividend Analysis | 03/01/2024 |
3 | ASE Technology Reaches New 1-Year High at 10.08 | 03/06/2024 |
4 | ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues | 03/11/2024 |
5 | ASEs VIPack Enables Innovational AI Devices Through Advanced Interconnect Technology for Chiplets | 03/20/2024 |
6 | ASX sheds AU392m, company earnings and investor returns have been trending downwards for past three years | 04/04/2024 |
7 | ASX Stock Earnings ASE Tech Holding Co Misses EPS, Misses Revenue for Q1 2024 | 04/25/2024 |
8 | Earnings Not Telling The Story For ASX Limited | 04/30/2024 |
9 | ASE Technology Hldg Gains But Lags Market What You Should Know - Yahoo Singapore News | 05/02/2024 |
| Begin Period Cash Flow | 58 B |
ASE |
ASE Industrial Relative Risk vs. Return Landscape
If you would invest 927.00 in ASE Industrial Holding on February 7, 2024 and sell it today you would earn a total of 119.00 from holding ASE Industrial Holding or generate 12.84% return on investment over 90 days. ASE Industrial Holding is generating 0.2204% of daily returns assuming volatility of 2.2972% on return distribution over 90 days investment horizon. In other words, 20% of stocks are less volatile than ASE, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ASE Industrial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASE Industrial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ASE Industrial Holding, and traders can use it to determine the average amount a ASE Industrial'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 = 0.096
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average ASE Industrial is performing at about 7% 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 ASE Industrial by adding it to a well-diversified portfolio.
ASE Industrial Fundamentals Growth
ASE Stock prices reflect investors' perceptions of the future prospects and financial health of ASE Industrial, and ASE Industrial 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 ASE Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.037 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 178.62 B | ||||
| Shares Outstanding | 2.16 B | ||||
| Price To Earning | 12.08 X | ||||
| Price To Book | 2.56 X | ||||
| Price To Sales | 0.04 X | ||||
| Revenue | 581.91 B | ||||
| Gross Profit | 134.93 B | ||||
| EBITDA | 98.43 B | ||||
| Net Income | 31.73 B | ||||
| Cash And Equivalents | 10.4 B | ||||
| Cash Per Share | 36.85 X | ||||
| Total Debt | 179.22 B | ||||
| Debt To Equity | 0.74 % | ||||
| Current Ratio | 1.18 X | ||||
| Book Value Per Share | 67.48 X | ||||
| Cash Flow From Operations | 105.97 B | ||||
| Earnings Per Share | 0.49 X | ||||
| Market Capitalization | 22.74 B | ||||
| Total Asset | 666.58 B | ||||
| Retained Earnings | 95.81 B | ||||
| Working Capital | 78.11 B | ||||
| Current Asset | 156.73 B | ||||
| Current Liabilities | 122.7 B | ||||
About ASE Industrial Performance
To evaluate ASE Industrial Holding 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 ASE Industrial 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 ASE 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 ASE Industrial Holding market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ASE'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 | 46.65 | 42.28 | |
| Return On Tangible Assets | 0.05 | 0.04 | |
| Return On Capital Employed | 0.09 | 0.08 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.11 | 0.1 |
Things to note about ASE Industrial Holding performance evaluation
Checking the ongoing alerts about ASE Industrial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ASE Industrial Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: ASE Technology Hldg Gains But Lags Market What You Should Know - Yahoo Singapore News |
- Analyzing ASE Industrial'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 ASE Industrial's stock is overvalued or undervalued compared to its peers.
- Examining ASE Industrial'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 ASE Industrial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ASE Industrial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ASE Industrial's stock. These opinions can provide insight into ASE Industrial'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 ASE Industrial Holding. 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for ASE Stock analysis
When running ASE Industrial's price analysis, check to measure ASE Industrial'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 ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.
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Is ASE Industrial'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 ASE Industrial. If investors know ASE 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 ASE Industrial 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 (0.02) | Earnings Share 0.49 | Revenue Per Share 271.252 | Quarterly Revenue Growth 0.015 | Return On Assets 0.037 |
The market value of ASE Industrial Holding is measured differently than its book value, which is the value of ASE that is recorded on the company's balance sheet. Investors also form their own opinion of ASE Industrial's value that differs from its market value or its book value, called intrinsic value, which is ASE Industrial'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 ASE Industrial's market value can be influenced by many factors that don't directly affect ASE Industrial'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 ASE Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASE Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASE Industrial'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.