Asics Corp Adr Stock Performance
| ASCCY Stock | USD 43.26 0.43 1.00% |
On a scale of 0 to 100, Asics Corp holds a performance score of 18. The firm shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asics Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asics Corp is expected to be smaller as well. Please check Asics Corp's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Asics Corp's price patterns will revert.
Risk-Adjusted Performance
18 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Asics Corp ADR are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal fundamental indicators, Asics Corp showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 80.5 B | |
| Total Cashflows From Investing Activities | -10.2 B |
Asics |
Asics Corp Relative Risk vs. Return Landscape
If you would invest 3,018 in Asics Corp ADR on January 25, 2024 and sell it today you would earn a total of 1,308 from holding Asics Corp ADR or generate 43.34% return on investment over 90 days. Asics Corp ADR is currently producing 0.6145% returns and takes up 2.5778% volatility of returns over 90 trading days. Put another way, 22% of traded pink sheets are less volatile than Asics, and 88% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Asics Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asics Corp's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Asics Corp ADR, and traders can use it to determine the average amount a Asics Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2384
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Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Asics Corp is performing at about 18% 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 Asics Corp by adding it to a well-diversified portfolio.
Asics Corp Fundamentals Growth
Asics Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Asics Corp, and Asics Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Asics Pink Sheet performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0549 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 4.47 B | |||
| Shares Outstanding | 183.17 M | |||
| Price To Earning | 64.77 X | |||
| Price To Book | 2.85 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 404.13 B | |||
| EBITDA | 30.21 B | |||
| Cash And Equivalents | 66.69 B | |||
| Cash Per Share | 364.10 X | |||
| Total Debt | 72.5 B | |||
| Debt To Equity | 0.57 % | |||
| Book Value Per Share | 933.06 X | |||
| Cash Flow From Operations | 49.15 B | |||
| Earnings Per Share | 0.56 X | |||
| Total Asset | 345.77 B | |||
| Retained Earnings | 154.71 B | |||
| Current Asset | 211.81 B | |||
| Current Liabilities | 60.59 B | |||
About Asics Corp Performance
To evaluate Asics Corp ADR Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Asics Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Asics Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Asics Corp ADR market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Asics's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.ASICS Corporation manufactures and sells sports goods in Japan, the Americas, Europe, Oceania, Southeast and South Asia, and internationally. ASICS Corporation was founded in 1949 and is headquartered in Kobe, Japan. Asics Corp operates under Footwear Accessories classification in the United States and is traded on OTC Exchange. It employs 8861 people.Things to note about Asics Corp ADR performance evaluation
Checking the ongoing alerts about Asics Corp for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Asics Corp ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Asics Corp's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Asics Corp's pink sheet performance include:- Analyzing Asics Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Asics Corp's stock is overvalued or undervalued compared to its peers.
- Examining Asics Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Asics Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asics Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asics Corp's pink sheet. These opinions can provide insight into Asics Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asics Corp ADR. 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 Corp ADR information on this page should be used as a complementary analysis to other Asics Corp'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Asics Pink Sheet analysis
When running Asics Corp's price analysis, check to measure Asics Corp'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 Corp is operating at the current time. Most of Asics Corp's value examination focuses on studying past and present price action to predict the probability of Asics Corp'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 Corp's price. Additionally, you may evaluate how the addition of Asics Corp to your portfolios can decrease your overall portfolio volatility.
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