Ascendis Health Financials
| ASC Stock | 73.00 1.00 1.39% |
Ascendis |
Understanding current and past Ascendis Health Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ascendis Health's financial statements are interrelated, with each one affecting the others. For example, an increase in Ascendis Health's assets may result in an increase in income on the income statement.
Please note, the presentation of Ascendis Health'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, Ascendis Health's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ascendis Health's management manipulating its earnings.
| Foreign Associates | |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | ZAE000185005 |
| Business Address | 1 Carey Street, |
| Sector | Healthcare |
| Industry | Drug Manufacturers-Specialty & Generic |
| Benchmark | Dow Jones Industrial |
| Website | www.ascendishealth.com |
| Phone | 27 11 036 9600 |
You should never invest in Ascendis Health without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ascendis Stock, because this is throwing your money away. Analyzing the key information contained in Ascendis Health's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ascendis Health Key Financial Ratios
There are many critical financial ratios that Ascendis Health's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ascendis Health reports annually and quarterly.| Return On Equity | -1.66 | |||
| Return On Asset | -0.0068 | |||
| Beta | 0.62 | |||
| Z Score | 11.4 |
Ascendis Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ascendis Health's current stock value. Our valuation model uses many indicators to compare Ascendis Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ascendis Health competition to find correlations between indicators driving Ascendis Health's intrinsic value. More Info.Ascendis Health is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ascendis Health's earnings, one of the primary drivers of an investment's value.Ascendis Health Systematic Risk
Ascendis Health's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ascendis Health volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Ascendis Health correlated with the market. If Beta is less than 0 Ascendis Health generally moves in the opposite direction as compared to the market. If Ascendis Health Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ascendis Health is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ascendis Health is generally in the same direction as the market. If Beta > 1 Ascendis Health moves generally in the same direction as, but more than the movement of the benchmark.
Ascendis Health Thematic Clasifications
Ascendis Health is part of Health Management investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Healthcare providers, hospitals. Major hospitals and healthcare providers
This theme covers Healthcare providers, hospitals. Major hospitals and healthcare providers. Get More Thematic Ideas
| Health Management | View |
Ascendis Health December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ascendis Health help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ascendis Health. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ascendis Health based on widely used predictive technical indicators. In general, we focus on analyzing Ascendis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ascendis Health's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.03 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 14.79 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 5.71 |
Complementary Tools for Ascendis Stock analysis
When running Ascendis Health's price analysis, check to measure Ascendis Health'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 Ascendis Health is operating at the current time. Most of Ascendis Health's value examination focuses on studying past and present price action to predict the probability of Ascendis Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ascendis Health's price. Additionally, you may evaluate how the addition of Ascendis Health 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 | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |