Asics Stock Today
| ASCCF Stock | USD 46.00 0.00 0.00% |
Performance15 of 100
| Odds Of DistressLess than 9
|
ASICS is trading at 46.00 as of the 23rd of April 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 46.0. ASICS has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ASICS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
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. The company has 183.17 M outstanding shares. More on ASICS
Moving together with ASICS Pink Sheet
| 0.85 | ADDYY | Adidas AG ADR Earnings Call This Week | PairCorr |
| 0.81 | ONON | On Holding Financial Report 21st of May 2024 | PairCorr |
Moving against ASICS Pink Sheet
| 0.87 | HNRC | Houston Natural Resources | PairCorr |
| 0.72 | MCAE | Mountain Crest Acqui | PairCorr |
| 0.7 | NKE | Nike Inc Sell-off Trend | PairCorr |
| 0.51 | MCAEU | Mountain Crest Acqui | PairCorr |
| 0.48 | SKX | Skechers USA Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
ASICS Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ASICS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ASICS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Motoi Oyama |
| Business Concentration | Footwear & Accessories, Consumer Cyclical (View all Sectors) |
ASICS [ASCCF] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASICS's market, we take the total number of its shares issued and multiply it by ASICS'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. ASICS classifies itself under Consumer Cyclical sector and is part of Footwear & Accessories industry. The entity has 183.17 M outstanding shares.
ASICS has accumulated about 66.69 B in cash with 49.15 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 364.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check ASICS Probability Of Bankruptcy
Ownership AllocationASICS retains a total of 183.17 Million outstanding shares. Over half of ASICS's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Thus, these institutions are subject to different rules and regulations than regular investors in ASICS. Please watch out for any change in the institutional holdings of ASICS as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check ASICS Ownership Details
ASICS Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of ASICS jumping above the current price in 90 days from now is about 11.74%. The ASICS probability density function shows the probability of ASICS pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon ASICS has a beta of 0.4566. This suggests as returns on the market go up, ASICS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ASICS will be expected to be much smaller as well. Additionally, aSICS has an alpha of 0.6717, implying that it can generate a 0.67 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ASICS to move above the current price in 90 days from now is about 11.74 (This ASICS probability density function shows the probability of ASICS Pink Sheet to fall within a particular range of prices over 90 days) .
ASICS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ASICS market risk premium is the additional return an investor will receive from holding ASICS long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ASICS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ASICS's alpha and beta are two of the key measurements used to evaluate ASICS's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.39 | |||
| Standard Deviation | 3.71 | |||
| Variance | 13.8 | |||
| Risk Adjusted Performance | 0.1273 |
ASICS Stock Against Markets
Picking the right benchmark for ASICS pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ASICS pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ASICS is critical whether you are bullish or bearish towards ASICS at a given time. Please also check how ASICS's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ASICS 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?
Run Equity Search Now
Equity SearchSearch for actively traded equities including funds and ETFs from over 30 global markets |
| All Next | Launch Module |
ASICS Corporate Directors
ASICS corporate directors refer to members of an ASICS board of directors. The board of directors generally takes responsibility for the ASICS'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 ASICS's board members must vote for the resolution. The ASICS board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kosuke Hashimoto | Managing Executive Officer, Representative Director | Profile | |
| Keiji Miyakawa | Independent Director | Profile | |
| Katsuro Tanaka | Independent Director | Profile | |
| Kenji Kajiwara | Independent Director | Profile |
How to buy ASICS Pink Sheet?
Before investing in ASICS, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ASICS. To buy ASICS stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ASICS. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ASICS stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ASICS stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ASICS stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ASICS, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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.
Already Invested in ASICS?
The danger of trading ASICS 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 ASICS 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 ASICS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASICS 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.
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |