ASX Financials
ASXFF Stock | USD 40.51 0.00 0.00% |
ASX |
Understanding current and past ASX Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ASX's financial statements are interrelated, with each one affecting the others. For example, an increase in ASX's assets may result in an increase in income on the income statement.
ASX Stock Summary
ASX competes with ASX Limited, Deutsche Brse, London Stock, Singapore Exchange, and Hong Kong. ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company was incorporated in 1987 and is based in Sydney, Australia. ASX operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange. It employs 790 people.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | Exchange Centre, Sydney, |
Sector | Financial Services |
Industry | Financial Data & Stock Exchanges |
Benchmark | Dow Jones Industrial |
Website | www2.asx.com.au |
Phone | 61 2 9338 0000 |
Currency | USD - US Dollar |
ASX Key Financial Ratios
There are many critical financial ratios that ASX's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ASX Limited reports annually and quarterly.Return On Equity | 0.13 | |||
Return On Asset | 0.0267 | |||
Number Of Employees | 790 | |||
Beta | 0.28 | |||
Z Score | 82.8 |
ASX Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ASX's current stock value. Our valuation model uses many indicators to compare ASX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ASX competition to find correlations between indicators driving ASX's intrinsic value. More Info.ASX Limited is rated fifth in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.20 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ASX Limited is roughly 5.05 . 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 ASX's earnings, one of the primary drivers of an investment's value.ASX Limited Systematic Risk
ASX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ASX 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-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on ASX Limited correlated with the market. If Beta is less than 0 ASX generally moves in the opposite direction as compared to the market. If ASX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ASX Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ASX is generally in the same direction as the market. If Beta > 1 ASX moves generally in the same direction as, but more than the movement of the benchmark.
ASX January 5, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ASX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ASX Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of ASX Limited based on widely used predictive technical indicators. In general, we focus on analyzing ASX Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ASX's daily price indicators and compare them against related drivers.
Information Ratio | (0.05) | |||
Maximum Drawdown | 16.75 | |||
Value At Risk | (5.09) | |||
Potential Upside | 2.81 |
Complementary Tools for ASX Pink Sheet analysis
When running ASX's price analysis, check to measure ASX'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 ASX is operating at the current time. Most of ASX's value examination focuses on studying past and present price action to predict the probability of ASX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASX's price. Additionally, you may evaluate how the addition of ASX to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |