Asics Corp Financials
| ASCCY Stock | USD 22.70 0.16 0.71% |
Asics |
Understanding current and past Asics Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Asics Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Asics Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Asics Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Asics Corp ADR. Check Asics Corp's Beneish M Score to see the likelihood of Asics Corp's management manipulating its earnings.
Asics Corp Stock Summary
Asics Corp competes with Adidas AG, American Rebel, Adidas AG, Puma SE, and Samsonite International. 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.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US04521N1019 |
| Business Address | 1-1, Minatojima-Nakamachi 7-chome, |
| Sector | Consumer Cyclical |
| Industry | Footwear & Accessories |
| Benchmark | Dow Jones Industrial |
| Website | corp.asics.com/jp |
| Phone | 81 78 303 2231 |
| Currency | USD - US Dollar |
Asics Corp Key Financial Ratios
Asics Corp's financial ratios allow both analysts and investors to convert raw data from Asics Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Asics Corp over time and compare it to other companies across industries.Asics Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Asics Corp's current stock value. Our valuation model uses many indicators to compare Asics Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Asics Corp competition to find correlations between indicators driving Asics Corp's intrinsic value. More Info.Asics Corp ADR is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Asics Corp ADR is roughly 2.28 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Asics Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Asics Corp's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Asics Corp ADR Systematic Risk
Asics Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Asics Corp 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Asics Corp ADR correlated with the market. If Beta is less than 0 Asics Corp generally moves in the opposite direction as compared to the market. If Asics Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Asics Corp ADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Asics Corp is generally in the same direction as the market. If Beta > 1 Asics Corp moves generally in the same direction as, but more than the movement of the benchmark.
Asics Corp February 27, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Asics Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Asics Corp ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Asics Corp ADR based on widely used predictive technical indicators. In general, we focus on analyzing Asics Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Asics Corp's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.72 | |||
| Information Ratio | 0.1767 | |||
| Maximum Drawdown | 11.2 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 3.83 |
Additional 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.