Ashmore Group Plc Stock Filter Stocks by Fundamentals
| AJMPF Stock | USD 2.30 0.15 6.12% |
Ashmore Group Plc fundamentals help investors to digest information that contributes to Ashmore Group's financial success or failures. It also enables traders to predict the movement of Ashmore Pink Sheet. The fundamental analysis module provides a way to measure Ashmore Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ashmore Group pink sheet.
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Ashmore Fundamentals
| Return On Equity | 0.0439 | |||
| Return On Asset | 0.0718 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.55 % | |||
| Current Valuation | 881.98 M | |||
| Shares Outstanding | 712.74 M | |||
| Shares Owned By Insiders | 40.09 % | |||
| Shares Owned By Institutions | 50.09 % | |||
| Price To Earning | 5.27 X | |||
| Price To Book | 1.63 X | |||
| Price To Sales | 8.18 X | |||
| Revenue | 254.4 M | |||
| Gross Profit | 177.5 M | |||
| EBITDA | 121.9 M | |||
| Net Income | 88.5 M | |||
| Cash And Equivalents | 849.4 M | |||
| Cash Per Share | 1.29 X | |||
| Total Debt | 8 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 7.91 X | |||
| Book Value Per Share | 1.36 X | |||
| Cash Flow From Operations | 157.4 M | |||
| Earnings Per Share | 0.07 X | |||
| Number Of Employees | 318 | |||
| Beta | 1.08 | |||
| Market Capitalization | 2.42 B | |||
| Total Asset | 1.1 B | |||
| Retained Earnings | 646 M | |||
| Working Capital | 563 M | |||
| Current Asset | 753 M | |||
| Current Liabilities | 190 M | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 4.69 % | |||
| Net Asset | 1.1 B | |||
| Last Dividend Paid | 0.17 |
About Ashmore Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ashmore Group Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashmore Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashmore Group Plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ashmore Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ashmore Group's short interest history, or implied volatility extrapolated from Ashmore Group options trading.
Pair Trading with Ashmore Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ashmore Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ashmore Group will appreciate offsetting losses from the drop in the long position's value.Moving against Ashmore Pink Sheet
| 0.73 | ARES | Ares Management LP Financial Report 26th of April 2024 | PairCorr |
| 0.72 | BAMGF | Brookfield Asset Man | PairCorr |
| 0.71 | APO | Apollo Global Management Financial Report 14th of May 2024 | PairCorr |
| 0.71 | TSM | Taiwan Semiconductor Financial Report 18th of July 2024 | PairCorr |
| 0.69 | KNTK | Kinetik Holdings Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Ashmore Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ashmore Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ashmore Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ashmore Group Plc to buy it.
The correlation of Ashmore Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ashmore Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ashmore Group Plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ashmore Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashmore Group Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Ashmore Pink Sheet analysis
When running Ashmore Group's price analysis, check to measure Ashmore Group'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 Ashmore Group is operating at the current time. Most of Ashmore Group's value examination focuses on studying past and present price action to predict the probability of Ashmore Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashmore Group's price. Additionally, you may evaluate how the addition of Ashmore Group to your portfolios can decrease your overall portfolio volatility.
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