Asahi Kasei Price on October 1, 2024

AHKSFDelisted Stock  USD 7.60  0.00  0.00%   
If you're considering investing in Asahi Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Asahi Kasei stands at 7.60, as last reported on the 23rd of December, with the highest price reaching 7.60 and the lowest price hitting 7.60 during the day. At this point, Asahi Kasei is very steady. Asahi Kasei secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Asahi Kasei, which you can use to evaluate the volatility of the firm. Please confirm Asahi Kasei's risk adjusted performance of 0.1142, and Mean Deviation of 0.8974 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
  
Asahi Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2887

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashAHKSFAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.46
  actual daily
4
96% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.29
  actual daily
22
78% of assets perform better
Based on monthly moving average Asahi Kasei is performing at about 22% 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 Asahi Kasei by adding it to a well-diversified portfolio.

Asahi Kasei Valuation on October 1, 2024

It is possible to determine the worth of Asahi Kasei on a given historical date. On October 1, 2024 Asahi was worth 7.6 at the beginning of the trading date compared to the closed value of 7.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asahi Kasei pink sheet. Still, in general, we apply an absolute valuation method to find Asahi Kasei's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Asahi Kasei where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asahi Kasei's related companies.
 Open High Low Close Volume
  7.60    7.60    7.60    7.60    1.00  
10/01/2024
  7.60    7.60    7.60    7.60    1.00  
  7.60    7.60    7.60    7.60    1.00  
Backtest Asahi Kasei  |  Asahi Kasei History  |  Asahi Kasei Valuation   PreviousNext  
Open Value
7.6
7.6
Closing Value
8.99
Upside

Asahi Kasei Trading Date Momentum on October 1, 2024

On October 02 2024 Asahi Kasei was traded for  7.60  at the closing time. The highest daily price throughout the period was 7.60  and the lowest price was  7.60 . There was no trading activity during the period 1.0. Lack of trading volume on 10/02/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% .

Asahi Kasei Fundamentals Correlations and Trends

By evaluating Asahi Kasei's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Asahi Kasei's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asahi financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Asahi Kasei Pink Sheet history

Asahi Kasei investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Asahi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asahi Kasei will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Asahi Kasei stock prices may prove useful in developing a viable investing in Asahi Kasei
Asahi Kasei Corporation manufactures, processes, and sells chemical products in Japan and internationally. Asahi Kasei Corporation was founded in 1922 and is headquartered in Tokyo, Japan. Asahi Kaisai operates under Chemicals classification in the United States and is traded on OTC Exchange. It employs 46751 people.

Asahi Kasei Pink Sheet Technical Analysis

Asahi Kasei technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Asahi Kasei technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asahi Kasei trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Asahi Kasei Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Asahi Kasei cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Asahi Kasei December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Asahi Kasei pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asahi Kasei shares will generate the highest return on investment. By undertsting and applying Asahi Kasei pink sheet market strength indicators, traders can identify Asahi Kasei entry and exit signals to maximize returns

Asahi Kasei Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Asahi Kasei's price direction in advance. Along with the technical and fundamental analysis of Asahi Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asahi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Other Consideration for investing in Asahi Pink Sheet

If you are still planning to invest in Asahi Kasei check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Asahi Kasei's history and understand the potential risks before investing.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance