Asics Stock Buy Hold or Sell Recommendation
| ASCCF Stock | USD 46.00 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding ASICS is 'Strong Buy'. Macroaxis provides ASICS buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASICS positions. The advice algorithm takes into account all of ASICS's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ASICS's buy or sell advice are summarized below:
Real Value 49.8 | Hype Value 46 | Market Value 46 | Naive Value 42.52 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ASICS given historical horizon and risk tolerance towards ASICS. When Macroaxis issues a 'buy' or 'sell' recommendation for ASICS, the advice is generated through an automated system that utilizes algorithms and statistical models.
ASICS |
Execute ASICS Buy or Sell Advice
The ASICS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ASICS. Macroaxis does not own or have any residual interests in ASICS or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ASICS's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
ASICS Trading Alerts and Improvement Suggestions
| ASICS appears to be risky and price may revert if volatility continues | |
| About 57.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: 100 Invested In Nike 20 Years Ago Would Be Worth This Much Today |
ASICS Returns Distribution Density
The distribution of ASICS's historical returns is an attempt to chart the uncertainty of ASICS's future price movements. The chart of the probability distribution of ASICS daily returns describes the distribution of returns around its average expected value. We use ASICS price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ASICS returns is essential to provide solid investment advice for ASICS.
| Mean Return | 0.72 | Value At Risk | 0.00 | Potential Upside | 1.29 | Standard Deviation | 3.71 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ASICS 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.
ASICS 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 ASICS or Consumer Cyclical 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 ASICS's price will be affected by overall pink sheet 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 ASICS pink sheet'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 | 0.67 | |
β | Beta against NYSE Composite | 0.47 | |
σ | Overall volatility | 3.83 | |
Ir | Information ratio | 0.17 |
ASICS Volatility Alert
ASICS exhibits very low volatility with skewness of 5.8 and kurtosis of 35.87. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ASICS's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ASICS's pink sheet 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.ASICS Fundamentals Vs Peers
Comparing ASICS'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 ASICS's direct or indirect competition across all of the common fundamentals between ASICS and the related equities. This way, we can detect undervalued stocks with similar characteristics as ASICS or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of ASICS's fundamental indicators could also be used in its relative valuation, which is a method of valuing ASICS by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ASICS to competition |
| Fundamentals | ASICS | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0549 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 4.42 B | 16.62 B |
| Shares Outstanding | 183.17 M | 571.82 M |
| Shares Owned By Insiders | 2.68 % | 10.09 % |
| Shares Owned By Institutions | 57.45 % | 39.21 % |
| Price To Earning | 43.63 X | 28.72 X |
| Price To Book | 2.83 X | 9.51 X |
| Price To Sales | 0.01 X | 11.42 X |
| Revenue | 404.13 B | 9.43 B |
| Gross Profit | 240.71 B | 27.38 B |
| EBITDA | 30.19 B | 3.9 B |
| Net Income | 9.4 B | 570.98 M |
| Cash And Equivalents | 66.69 B | 2.7 B |
| Cash Per Share | 364.10 X | 5.01 X |
| Total Debt | 72.5 B | 5.32 B |
| Debt To Equity | 0.57 % | 48.70 % |
| Current Ratio | 2.82 X | 2.16 X |
| Book Value Per Share | 933.06 X | 1.93 K |
| Cash Flow From Operations | 49.15 B | 971.22 M |
| Earnings Per Share | 0.56 X | 3.12 X |
| Number Of Employees | 47 | 18.84 K |
| Beta | 1.46 | -0.15 |
| Market Capitalization | 4.37 B | 19.03 B |
| Total Asset | 345.77 B | 29.47 B |
| Z Score | 1.0 | 8.72 |
| Annual Yield | 0.01 % | |
| Five Year Return | 1.05 % | |
| Net Asset | 345.77 B | |
| Last Dividend Paid | 40.0 |
ASICS Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ASICS . 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 ASICS Buy or Sell Advice
When is the right time to buy or sell ASICS? Buying financial instruments such as ASICS Pink Sheet 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.
Use Investing Ideas to Build Portfolios
In addition to having ASICS 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.Did You Try This Idea?
Run Utilities ETFs Thematic Idea Now
Utilities ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Utilities ETFs theme has 13 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 Utilities ETFs Theme or any other thematic opportunities.
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Check out ASICS 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. Note that the ASICS information on this page should be used as a complementary analysis to other ASICS'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for ASICS Pink Sheet analysis
When running ASICS's price analysis, check to measure ASICS'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 is operating at the current time. Most of ASICS's value examination focuses on studying past and present price action to predict the probability of ASICS'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's price. Additionally, you may evaluate how the addition of ASICS to your portfolios can decrease your overall portfolio volatility.
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