Asics Stock Filter Stocks by Fundamentals
| ASCCF Stock | USD 46.00 0.00 0.00% |
ASICS fundamentals help investors to digest information that contributes to ASICS's financial success or failures. It also enables traders to predict the movement of ASICS Pink Sheet. The fundamental analysis module provides a way to measure ASICS'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 ASICS pink sheet.
ASICS |
Did you try this?
Run Equity Valuation Now
Equity ValuationCheck real value of public entities based on technical and fundamental data |
| All Next | Launch Module |
ASICS Fundamentals
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0549 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 4.42 B | |||
| Shares Outstanding | 183.17 M | |||
| Shares Owned By Insiders | 2.68 % | |||
| Shares Owned By Institutions | 57.45 % | |||
| Price To Earning | 43.63 X | |||
| Price To Book | 2.83 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 404.13 B | |||
| Gross Profit | 240.71 B | |||
| EBITDA | 30.19 B | |||
| Net Income | 9.4 B | |||
| Cash And Equivalents | 66.69 B | |||
| Cash Per Share | 364.10 X | |||
| Total Debt | 72.5 B | |||
| Debt To Equity | 0.57 % | |||
| Current Ratio | 2.82 X | |||
| Book Value Per Share | 933.06 X | |||
| Cash Flow From Operations | 49.15 B | |||
| Earnings Per Share | 0.56 X | |||
| Number Of Employees | 47 | |||
| Beta | 1.46 | |||
| Market Capitalization | 4.37 B | |||
| Total Asset | 345.77 B | |||
| Z Score | 1.0 | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 1.05 % | |||
| Net Asset | 345.77 B | |||
| Last Dividend Paid | 40.0 |
About ASICS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ASICS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASICS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASICS 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.
Pair Trading with ASICS
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 ASICS 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 ASICS will appreciate offsetting losses from the drop in the long position's value.Moving together with ASICS Pink Sheet
| 0.85 | ADDYY | Adidas AG ADR Earnings Call This Week | PairCorr |
| 0.77 | ONON | On Holding Financial Report 21st of May 2024 | PairCorr |
Moving against ASICS Pink Sheet
| 0.72 | NKE | Nike Inc Financial Report 4th of July 2024 | PairCorr |
| 0.71 | PTAIF | PT Astra International | PairCorr |
| 0.46 | SKX | Skechers USA Earnings Call Today | PairCorr |
| 0.43 | BIRK | Birkenstock Holding plc | PairCorr |
| 0.43 | PKX | POSCO Holdings | PairCorr |
The ability to find closely correlated positions to ASICS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASICS 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 ASICS - 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 ASICS to buy it.
The correlation of ASICS 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 ASICS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASICS 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 ASICS 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 ASICS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |