Ase Industrial Holding Stock Price on May 10, 2021
| ASX Stock | USD 10.37 0.05 0.48% |
Below is the normalized historical share price chart for ASE Industrial Holding extending back to October 02, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ASE Industrial stands at 10.37, as last reported on the 24th of April, with the highest price reaching 10.48 and the lowest price hitting 10.23 during the day.
If you're considering investing in ASE Stock, it is important to understand the factors that can impact its price. We consider ASE Industrial not too volatile. ASE Industrial Holding secures Sharpe Ratio (or Efficiency) of 0.0632, which signifies that the company had a 0.0632% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ASE Industrial Holding, which you can use to evaluate the volatility of the firm. Please confirm ASE Industrial's Downside Deviation of 1.79, mean deviation of 1.66, and Risk Adjusted Performance of 0.0598 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
At this time, ASE Industrial's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to about 59.8 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 2.6 B in 2024. . Price Earnings Ratio is likely to rise to 56.39 in 2024, whereas Price To Sales Ratio is likely to drop 1.76 in 2024. ASE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of December 1995 | 200 Day MA 8.8129 | 50 Day MA 10.5404 | Beta 1.094 |
ASE |
Sharpe Ratio = 0.0632
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Estimated Market Risk
| 2.25 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average ASE Industrial is performing at about 4% 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.
Price Book 2.5623 | Enterprise Value Ebitda 0.232 | Price Sales 0.0403 | Shares Float 3 B | Wall Street Target Price 10.61 |
ASE Industrial Valuation on May 10, 2021
It is possible to determine the worth of ASE Industrial on a given historical date. On May 10, 2021 ASE was worth 6.75 at the beginning of the trading date compared to the closed value of 5.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ASE Industrial stock. Still, in general, we apply an absolute valuation method to find ASE Industrial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ASE Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ASE Industrial's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 6.75 | 6.78 | 5.71 | 5.71 | 5,666,524 |
| 6.74 | 6.77 | 5.70 | 5.70 | 4,918,842 |
| Backtest ASE Industrial | | | ASE Industrial History | | | ASE Industrial Valuation | Next |
ASE Industrial Trading Date Momentum on May 10, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.ASE Industrial Holding Fundamentals Correlations and Trends
By evaluating ASE Industrial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ASE Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ASE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ASE Industrial Stock history
ASE Industrial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ASE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ASE Industrial Holding will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ASE Industrial stock prices may prove useful in developing a viable investing in ASE Industrial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.3 B | 2.6 B | |
| Net Income Applicable To Common Shares | 71.4 B | 75 B |
ASE Industrial Quarterly Net Working Capital |
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ASE Industrial Stock Technical Analysis
ASE Industrial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
ASE Industrial Period Price Range
Low | April 11, 2022
| High |
6.75 | 5.71 |
ASE Industrial April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how ASE Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASE Industrial shares will generate the highest return on investment. By undertsting and applying ASE Industrial stock market strength indicators, traders can identify ASE Industrial Holding entry and exit signals to maximize returns
ASE Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ASE Industrial's price direction in advance. Along with the technical and fundamental analysis of ASE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ASE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0598 | |||
| Jensen Alpha | 0.0391 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0506 | |||
| Treynor Ratio | 0.1096 |
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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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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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 (0.41) | Earnings Share 0.49 | Revenue Per Share 270.918 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0367 |
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.