Asanainc Stock Buy Hold or Sell Recommendation

ASAN Stock  USD 15.49  0.10  0.65%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding AsanaInc is 'Cautious Hold'. Macroaxis provides AsanaInc buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AsanaInc positions. The advice algorithm takes into account all of AsanaInc's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting AsanaInc's buy or sell advice are summarized below:
Real Value
18.42
Target Price
22.08
Hype Value
15.47
Market Value
15.49
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell AsanaInc given historical horizon and risk tolerance towards AsanaInc. When Macroaxis issues a 'buy' or 'sell' recommendation for AsanaInc, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out AsanaInc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in AsanaInc Stock, please use our How to Invest in AsanaInc guide.
In addition, we conduct extensive research on individual companies such as AsanaInc and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards AsanaInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Execute AsanaInc Buy or Sell Advice

The AsanaInc recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on AsanaInc. Macroaxis does not own or have any residual interests in AsanaInc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute AsanaInc's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell AsanaIncBuy AsanaInc
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon AsanaInc has a Mean Deviation of 2.3, Standard Deviation of 3.38 and Variance of 11.44
Our trade advice tool can cross-verify current analyst consensus on AsanaInc and to analyze the company potential to grow in the current economic cycle. To make sure AsanaInc is not overpriced, please confirm all AsanaInc fundamentals, including its gross profit, book value per share, and the relationship between the number of shares shorted and cash per share . Given that AsanaInc has a number of shares shorted of 11.86 M, we suggest you to validate AsanaInc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

AsanaInc Trading Alerts and Improvement Suggestions

AsanaInc generated a negative expected return over the last 90 days
AsanaInc has high historical volatility and very poor performance
The company reported the previous year's revenue of 652.5 M. Net Loss for the year was (257.03 M) with profit before overhead, payroll, taxes, and interest of 587.98 M.
AsanaInc currently holds about 238.91 M in cash with (17.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25.
AsanaInc has a poor financial position based on the latest SEC disclosures
Roughly 44.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: Hot Wheels Unveils New Die-Cast to Encourage Open-Ended Play Ahead of Autism Acceptance Month

AsanaInc Returns Distribution Density

The distribution of AsanaInc's historical returns is an attempt to chart the uncertainty of AsanaInc's future price movements. The chart of the probability distribution of AsanaInc daily returns describes the distribution of returns around its average expected value. We use AsanaInc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of AsanaInc returns is essential to provide solid investment advice for AsanaInc.
Mean Return
-0.3
Value At Risk
-6.63
Potential Upside
4.92
Standard Deviation
3.38
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of AsanaInc historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

AsanaInc Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as AsanaInc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AsanaInc backward and forwards among themselves. AsanaInc's institutional investor refers to the entity that pools money to purchase AsanaInc's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Point72 Asset Management, L.p.2023-09-30
1.3 M
Voloridge Investment Management, Llc2023-09-30
1.1 M
Jane Street Group, Llc2023-09-30
M
Generation Investment Management Llp2023-12-31
1000 K
First Trust Advisors L.p.2023-12-31
937.7 K
Nuveen Asset Management, Llc2023-12-31
932.5 K
Citadel Advisors Llc2023-09-30
883.2 K
Bank Of New York Mellon Corp2023-12-31
788.3 K
Northern Trust Corp2023-12-31
755.7 K
Ing Investment Management Llc2023-12-31
10.7 M
Vanguard Group Inc2023-12-31
8.8 M
Note, although AsanaInc's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

AsanaInc Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to AsanaInc or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that AsanaInc's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a AsanaInc stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.59
β
Beta against NYSE Composite2.19
σ
Overall volatility
3.41
Ir
Information ratio -0.13

AsanaInc Volatility Alert

AsanaInc exhibits very low volatility with skewness of -0.76 and kurtosis of 2.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure AsanaInc's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact AsanaInc's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

AsanaInc Implied Volatility

AsanaInc's implied volatility exposes the market's sentiment of AsanaInc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if AsanaInc's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that AsanaInc stock will not fluctuate a lot when AsanaInc's options are near their expiration.

AsanaInc Fundamentals Vs Peers

Comparing AsanaInc's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze AsanaInc's direct or indirect competition across all of the common fundamentals between AsanaInc and the related equities. This way, we can detect undervalued stocks with similar characteristics as AsanaInc or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of AsanaInc's fundamental indicators could also be used in its relative valuation, which is a method of valuing AsanaInc by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare AsanaInc to competition
FundamentalsAsanaIncPeer Average
Return On Equity-0.75-0.31
Return On Asset-0.17-0.14
Profit Margin(0.39) %(1.27) %
Operating Margin(0.40) %(5.51) %
Current Valuation3.22 B16.62 B
Shares Outstanding139.32 M571.82 M
Shares Owned By Insiders44.17 %10.09 %
Shares Owned By Institutions42.90 %39.21 %
Number Of Shares Shorted11.86 M4.71 M
Price To Book10.60 X9.51 X
Price To Sales5.36 X11.42 X
Revenue652.5 M9.43 B
Gross Profit587.98 M27.38 B
EBITDA(246.39 M)3.9 B
Net Income(257.03 M)570.98 M
Cash And Equivalents238.91 M2.7 B
Cash Per Share1.25 X5.01 X
Total Debt277.88 M5.32 B
Debt To Equity2.71 %48.70 %
Current Ratio1.15 X2.16 X
Book Value Per Share1.45 X1.93 K
Cash Flow From Operations(17.93 M)971.22 M
Short Ratio4.84 X4.00 X
Earnings Per Share(1.17) X3.12 X
Target Price19.8
Number Of Employees1.84 K18.84 K
Beta1.27-0.15
Market Capitalization3.5 B19.03 B
Total Asset961.96 M29.47 B
Retained Earnings(1.49 B)9.33 B
Working Capital292.5 M1.48 B
Z Score5.578.72
Net Asset961.96 M
Note: Acquisition by Anderson-copperman Krista of 746 shares of AsanaInc subject to Rule 16b-3 [view details]

AsanaInc Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as AsanaInc . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About AsanaInc Buy or Sell Advice

When is the right time to buy or sell AsanaInc? Buying financial instruments such as AsanaInc Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Other Current Liabilities60.9M83.5M75.8M52.4M
Total Assets707.0M955.0M962.0M713.3M

Use Investing Ideas to Build Portfolios

In addition to having AsanaInc in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Adviser Favorites Thematic Idea Now

Adviser Favorites
Adviser Favorites Theme
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Adviser Favorites Theme or any other thematic opportunities.
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When determining whether AsanaInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AsanaInc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asanainc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asanainc Stock:
Check out AsanaInc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in AsanaInc Stock, please use our How to Invest in AsanaInc guide.
Note that the AsanaInc information on this page should be used as a complementary analysis to other AsanaInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running AsanaInc's price analysis, check to measure AsanaInc'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 AsanaInc is operating at the current time. Most of AsanaInc's value examination focuses on studying past and present price action to predict the probability of AsanaInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AsanaInc's price. Additionally, you may evaluate how the addition of AsanaInc to your portfolios can decrease your overall portfolio volatility.
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Is AsanaInc'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 AsanaInc. If investors know AsanaInc 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 AsanaInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.17)
Revenue Per Share
2.96
Quarterly Revenue Growth
0.139
Return On Assets
(0.17)
Return On Equity
(0.75)
The market value of AsanaInc is measured differently than its book value, which is the value of AsanaInc that is recorded on the company's balance sheet. Investors also form their own opinion of AsanaInc's value that differs from its market value or its book value, called intrinsic value, which is AsanaInc'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 AsanaInc's market value can be influenced by many factors that don't directly affect AsanaInc'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 AsanaInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if AsanaInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AsanaInc'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.