Asos Plc Stock Net Asset
| DYQ Stock | EUR 4.17 0.07 1.71% |
ASOS PLC fundamentals help investors to digest information that contributes to ASOS PLC's financial success or failures. It also enables traders to predict the movement of ASOS Stock. The fundamental analysis module provides a way to measure ASOS PLC'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 ASOS PLC stock.
ASOS |
ASOS PLC Company Net Asset Analysis
ASOS PLC's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current ASOS PLC Net Asset | 3 B |
Most of ASOS PLC's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ASOS PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, ASOS PLC has a Net Asset of 3 B. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The net asset for all Germany stocks is notably lower than that of the firm.
ASOS Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASOS PLC's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ASOS PLC could also be used in its relative valuation, which is a method of valuing ASOS PLC by comparing valuation metrics of similar companies.ASOS PLC is currently under evaluation in net asset category among related companies.
ASOS Fundamentals
| Current Valuation | 1.29 B | |||
| Price To Book | 0.60 X | |||
| Price To Sales | 0.15 X | |||
| Total Debt | 474.5 M | |||
| Price To Earnings To Growth | 0.59 X | |||
| Number Of Employees | 10 | |||
| Market Capitalization | 2.77 B | |||
| Total Asset | 3 B | |||
| Z Score | 3.0 | |||
| Net Asset | 3 B |
About ASOS PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ASOS PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASOS PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASOS 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 ASOS PLC 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, ASOS PLC's short interest history, or implied volatility extrapolated from ASOS PLC options trading.
Pair Trading with ASOS PLC
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 ASOS PLC 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 ASOS PLC will appreciate offsetting losses from the drop in the long position's value.Moving against ASOS Stock
| 0.57 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.56 | AMZ | Amazon Inc Earnings Call This Week | PairCorr |
| 0.51 | MSF | Microsoft Earnings Call Today | PairCorr |
| 0.51 | MSF | Microsoft Earnings Call Today | PairCorr |
| 0.5 | MSF | Microsoft Earnings Call Today | PairCorr |
The ability to find closely correlated positions to ASOS PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASOS PLC 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 ASOS PLC - 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 ASOS PLC to buy it.
The correlation of ASOS PLC 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 ASOS PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASOS 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 ASOS PLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ASOS 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 board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for ASOS Stock analysis
When running ASOS PLC's price analysis, check to measure ASOS PLC'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 ASOS PLC is operating at the current time. Most of ASOS PLC's value examination focuses on studying past and present price action to predict the probability of ASOS PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASOS PLC's price. Additionally, you may evaluate how the addition of ASOS PLC to your portfolios can decrease your overall portfolio volatility.
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