Is Ashland Global Stock a Good Investment?
Ashland Global Investment Advice | ASH |
- Examine Ashland Global's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ashland Global's leadership team and their track record. Good management can help Ashland Global navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Specialty Chemicals space and any emerging trends that could impact Ashland Global's business and its evolving consumer preferences.
- Compare Ashland Global's performance and market position to its competitors. Analyze how Ashland Global is positioned in terms of product offerings, innovation, and market share.
- Check if Ashland Global pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ashland Global's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ashland Global Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ashland Global Holdings is a good investment.
Sell | Buy |
Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Ashland Global Stock
Researching Ashland Global's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 95.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.56. Some equities with similar Price to Book (P/B) outperform the market in the long run. Ashland Global Holdings last dividend was issued on the 29th of February 2024. The entity had 511:250 split on the 15th of May 2017.
To determine if Ashland Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ashland Global's research are outlined below:
| Ashland Global has a poor financial position based on the latest SEC disclosures | |
| Over 95.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of March 2024 Ashland Global paid $ 0.385 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Local artist to participate in pitch competition |
Ashland Global Quarterly Good Will |
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Ashland Global uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ashland Global Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ashland Global's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Ashland Global's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Ashland Global's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-02-05 | 2018-12-31 | 0.12 | 0.14 | 0.02 | 16 | ||
2004-04-26 | 2004-03-31 | -0.18 | -0.16 | 0.02 | 11 | ||
1999-04-22 | 1999-03-31 | 0.13 | 0.08 | -0.05 | 38 | ||
2020-01-27 | 2019-12-31 | 0.07 | 0.13 | 0.06 | 85 | ||
2003-01-23 | 2002-12-31 | 0.1 | 0.04 | -0.06 | 60 | ||
1997-04-17 | 1997-03-31 | 0.11 | 0.03 | -0.08 | 72 | ||
2011-04-26 | 2011-03-31 | 0.77 | 0.86 | 0.09 | 11 | ||
2006-01-25 | 2005-12-31 | 0.72 | 0.81 | 0.09 | 12 |
Ashland Global Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ashland target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Ashland Global's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 12 | Strong Buy |
Most Ashland analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Ashland stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Ashland Global Holdings, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAshland Global Target Price Projection
Ashland Global's current and average target prices are 96.06 and 98.90, respectively. The current price of Ashland Global is the price at which Ashland Global Holdings is currently trading. On the other hand, Ashland Global's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Ashland Global Market Quote on 28th of April 2024
Target Price
Analyst Consensus On Ashland Global Target Price
Ashland Global Analyst Ratings
Ashland Global's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Ashland Global stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Ashland Global's financials, market performance, and future outlook by experienced professionals. Ashland Global's historical ratings below, therefore, can serve as a valuable tool for investors.Know Ashland Global's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ashland Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ashland Global Holdings backward and forwards among themselves. Ashland Global's institutional investor refers to the entity that pools money to purchase Ashland Global's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Cooperman Leon G | 2023-12-31 | 960.1 K | Millennium Management Llc | 2023-12-31 | 821.3 K | Geode Capital Management, Llc | 2023-12-31 | 773.3 K | Ceredex Value Advisors Llc | 2023-12-31 | 689.5 K | Charles Schwab Investment Management Inc | 2023-12-31 | 664.4 K | Amvescap Plc. | 2023-12-31 | 653.1 K | 1832 Asset Management L.p | 2023-12-31 | 630.8 K | Newport Trust Co. | 2023-12-31 | 608.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 571.4 K | Vanguard Group Inc | 2023-12-31 | 5 M | Blackrock Inc | 2023-12-31 | 4.4 M |
Ashland Global's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ashland Global's market, we take the total number of its shares issued and multiply it by Ashland Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Ashland Global's profitablity analysis
Ashland Global's profitability indicators refer to fundamental financial ratios that showcase Ashland Global's ability to generate income relative to its revenue or operating costs. If, let's say, Ashland Global is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ashland Global's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ashland Global's profitability requires more research than a typical breakdown of Ashland Global's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.04 | |
| Return On Capital Employed | 0.04 | 0.06 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.07 | 0.09 |
Determining Ashland Global's profitability involves analyzing its financial statements and using various financial metrics to determine if Ashland Global is a good buy. For example, gross profit margin measures Ashland Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ashland Global's profitability and make more informed investment decisions.
The data published in Ashland Global's official financial statements usually reflect Ashland Global's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ashland Global Holdings. For example, before you start analyzing numbers published by Ashland accountants, it's critical to develop an understanding of what Ashland Global's liquidity, profitability, and earnings quality are in the context of the Chemicals space in which it operates.
Please note, the presentation of Ashland Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ashland Global's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ashland Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ashland Global Holdings. Please utilize our Beneish M Score to check the likelihood of Ashland Global's management manipulating its earnings.
Evaluate Ashland Global's management efficiency
Ashland Global Holdings has Return on Asset of 0.0118 % which means that on every $100 spent on assets, it made $0.0118 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0483 %, implying that it generated $0.0483 on every 100 dollars invested. Ashland Global's management efficiency ratios could be used to measure how well Ashland Global manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Ashland Global's Return On Capital Employed is decreasing as compared to previous years. The Ashland Global's current Return On Equity is estimated to increase to 0.09, while Return On Tangible Assets are projected to decrease to 0.04. As of now, Ashland Global's Other Current Assets are increasing as compared to previous years. The Ashland Global's current Total Current Assets is estimated to increase to about 2.6 B, while Intangible Assets are projected to decrease to under 707.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 52.59 | 30.68 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 18.42 | 17.23 | |
| Enterprise Value Over EBITDA | 11.99 | 12.59 | |
| Price Book Value Ratio | 1.26 | 1.32 | |
| Enterprise Value Multiple | 11.99 | 12.59 | |
| Price Fair Value | 1.26 | 1.32 | |
| Enterprise Value | 5.7 B | 6 B |
The analysis of Ashland Global's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Ashland Global's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Ashland Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.016 | Forward Dividend Yield 0.016 | Forward Dividend Rate 1.54 | Beta 0.923 |
Basic technical analysis of Ashland Stock
As of the 28th of April, Ashland Global shows the risk adjusted performance of 0.1019, and Mean Deviation of 1.09. Ashland Global Holdings technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Ashland Global Holdings, which can be compared to its peers. Please confirm Ashland Global Holdings treynor ratio, and the relationship between the standard deviation and downside variance to decide if Ashland Global Holdings is priced correctly, providing market reflects its regular price of 96.06 per share. Given that Ashland Global has jensen alpha of 0.3141, we suggest you to validate Ashland Global Holdings's prevailing market performance to make sure the company can sustain itself at a future point.Ashland Global's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ashland Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ashland Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ashland Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Min Chong over a week ago Disposition of 2077 shares by Min Chong of Ashland Global at 83.7 subject to Rule 16b-3 | ||
William Wulfsohn over six months ago Exercise or conversion by William Wulfsohn of 4764 shares of Ashland Global subject to Rule 16b-3 | ||
Winkler Von Mohrenfels Petra Yvonne over a year ago Exercise or conversion by Winkler Von Mohrenfels Petra Yvonne of 1250 shares of Ashland Global subject to Rule 16b-3 |
Understand Ashland Global's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Ashland Global's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1019 | |||
| Market Risk Adjusted Performance | 1.86 | |||
| Mean Deviation | 1.09 | |||
| Semi Deviation | 0.8093 | |||
| Downside Deviation | 1.11 | |||
| Coefficient Of Variation | 658.83 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.96 | |||
| Information Ratio | 0.1117 | |||
| Jensen Alpha | 0.3141 | |||
| Total Risk Alpha | 0.0453 | |||
| Sortino Ratio | 0.2241 | |||
| Treynor Ratio | 1.85 | |||
| Maximum Drawdown | 18.98 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.93 | |||
| Downside Variance | 1.23 | |||
| Semi Variance | 0.655 | |||
| Expected Short fall | (1.38) | |||
| Skewness | 5.3 | |||
| Kurtosis | 37.39 |
| Risk Adjusted Performance | 0.1019 | |||
| Market Risk Adjusted Performance | 1.86 | |||
| Mean Deviation | 1.09 | |||
| Semi Deviation | 0.8093 | |||
| Downside Deviation | 1.11 | |||
| Coefficient Of Variation | 658.83 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.96 | |||
| Information Ratio | 0.1117 | |||
| Jensen Alpha | 0.3141 | |||
| Total Risk Alpha | 0.0453 | |||
| Sortino Ratio | 0.2241 | |||
| Treynor Ratio | 1.85 | |||
| Maximum Drawdown | 18.98 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.93 | |||
| Downside Variance | 1.23 | |||
| Semi Variance | 0.655 | |||
| Expected Short fall | (1.38) | |||
| Skewness | 5.3 | |||
| Kurtosis | 37.39 |
Consider Ashland Global's intraday indicators
Ashland Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ashland Global stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ashland Global Corporate Filings
F3 | 25th of April 2024 An amendment to the original Schedule 13D filing | ViewVerify |
F3 | 17th of April 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 15th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 1st of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Ashland Stock media impact
Far too much social signal, news, headlines, and media speculation about Ashland Global that are available to investors today. That information is available publicly through Ashland media outlets and privately through word of mouth or via Ashland internal channels. However, regardless of the origin, that massive amount of Ashland data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ashland Global news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ashland Global relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ashland Global's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ashland Global alpha.
Ashland Global Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Ashland Global can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ashland Global Holdings Historical Investor Sentiment
Investor biases related to Ashland Global's public news can be used to forecast risks associated with an investment in Ashland. The trend in average sentiment can be used to explain how an investor holding Ashland can time the market purely based on public headlines and social activities around Ashland Global Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ashland Global's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ashland Global and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Ashland Global news discussions. The higher the estimate score, the more favorable the investor's outlook on Ashland Global.
Ashland Global Maximum Pain Price across 2024-05-17 Option Contracts
Ashland Global's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Ashland Global close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Ashland Global's options.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ashland Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Ashland Global Corporate Directors
Ashland Global corporate directors refer to members of an Ashland Global board of directors. The board of directors generally takes responsibility for the Ashland Global's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ashland Global's board members must vote for the resolution. The Ashland Global board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| William Dempsey | Independent Director | Profile | |
| Susan Main | Independent Director | Profile | |
| Barry Perry | Lead Independent Director | Profile | |
| Seth Mrozek | Director - Investor Relations | Profile |
How to buy Ashland Stock?
To provide specific investment advice or recommendations on Ashland Global Holdings stock, we recommend investors consider the following general factors when evaluating Ashland Global Holdings. This will help you to make an informed decision on whether to include Ashland Global in one of your diversified portfolios:- Examine Ashland Global's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ashland Global's leadership team and their track record. Good management can help Ashland Global navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Specialty Chemicals space and any emerging trends that could impact Ashland Global's business and its evolving consumer preferences.
- Compare Ashland Global's performance and market position to its competitors. Analyze how Ashland Global is positioned in terms of product offerings, innovation, and market share.
- Check if Ashland Global pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ashland Global's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ashland Global Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ashland Global Holdings is a good investment.
Already Invested in Ashland Global Holdings?
The danger of trading Ashland Global Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ashland Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ashland Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ashland Global Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ashland Global Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ashland Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ashland Global Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ashland Global Holdings Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashland Global Holdings. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Ashland Stock analysis
When running Ashland Global's price analysis, check to measure Ashland Global'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 Ashland Global is operating at the current time. Most of Ashland Global's value examination focuses on studying past and present price action to predict the probability of Ashland Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashland Global's price. Additionally, you may evaluate how the addition of Ashland Global to your portfolios can decrease your overall portfolio volatility.
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Is Ashland Global'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 Ashland Global. If investors know Ashland 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 Ashland Global 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 (0.31) | Dividend Share 1.49 | Earnings Share 2.91 | Revenue Per Share 40.938 | Quarterly Revenue Growth (0.1) |
The market value of Ashland Global Holdings is measured differently than its book value, which is the value of Ashland that is recorded on the company's balance sheet. Investors also form their own opinion of Ashland Global's value that differs from its market value or its book value, called intrinsic value, which is Ashland Global'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 Ashland Global's market value can be influenced by many factors that don't directly affect Ashland Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Ashland Global's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Ashland Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashland Global'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.