ASX (Australia) Performance
| ASX Stock | 64.30 1.14 1.74% |
ASX has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.062, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ASX's returns are expected to increase less than the market. However, during the bear market, the loss of holding ASX is expected to be smaller as well. ASX currently shows a risk of 1.1%. Please confirm ASX sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if ASX will be following its price patterns.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in ASX are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, ASX is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Forward Dividend Yield 0.0332 | Payout Ratio 0.8713 | Last Split Factor 1.0145:1 | Forward Dividend Rate 2.14 | Ex Dividend Date 2024-08-21 |
1 | Island Pharmaceuticals to Quote New Shares on ASX - TipRanks | 11/19/2024 |
2 | Live ASX rises after Nasdaqs record-breaking session, Tesla share price climbs to highest level ever - ABC News | 12/11/2024 |
3 | Deep Yellow Limiteds recent 16 percent pullback adds to one-year year losses, institutional owners may take drastic measures - Simply Wall St | 12/20/2024 |
| Begin Period Cash Flow | 1 B |
ASX |
ASX Relative Risk vs. Return Landscape
If you would invest 6,286 in ASX on September 23, 2024 and sell it today you would earn a total of 144.00 from holding ASX or generate 2.29% return on investment over 90 days. ASX is generating 0.0403% of daily returns assuming 1.1012% volatility of returns over the 90 days investment horizon. Simply put, 9% of all stocks have less volatile historical return distribution than ASX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ASX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASX's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ASX, and traders can use it to determine the average amount a ASX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0366
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ASX |
Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average ASX is performing at about 2% 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 ASX by adding it to a well-diversified portfolio.
ASX Fundamentals Growth
ASX Stock prices reflect investors' perceptions of the future prospects and financial health of ASX, and ASX fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ASX Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0431 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.74 % | ||||
| Current Valuation | (615.41 M) | ||||
| Shares Outstanding | 193.89 M | ||||
| Price To Book | 3.35 X | ||||
| Price To Sales | 7.89 X | ||||
| Revenue | 1.05 B | ||||
| Gross Profit | 1.1 B | ||||
| EBITDA | 1.18 B | ||||
| Net Income | 474.2 M | ||||
| Total Debt | 334.3 M | ||||
| Book Value Per Share | 19.21 X | ||||
| Cash Flow From Operations | 682.2 M | ||||
| Earnings Per Share | 2.45 X | ||||
| Total Asset | 16.89 B | ||||
| Retained Earnings | 619.1 M | ||||
About ASX Performance
Assessing ASX's fundamental ratios provides investors with valuable insights into ASX's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ASX is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
ASX is entity of Australia. It is traded as Stock on AU exchange.Things to note about ASX performance evaluation
Checking the ongoing alerts about ASX for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ASX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Deep Yellow Limiteds recent 16 percent pullback adds to one-year year losses, institutional owners may take drastic measures - Simply Wall St |
- Analyzing ASX's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ASX's stock is overvalued or undervalued compared to its peers.
- Examining ASX's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ASX's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ASX's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ASX's stock. These opinions can provide insight into ASX's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ASX Stock 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.