Asia Broadband Stock Performance
| AABB Stock | USD 0.02 0 7.69% |
Asia Broadband has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asia Broadband's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asia Broadband is expected to be smaller as well. Asia Broadband right now shows a risk of 5.19%. Please confirm Asia Broadband coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to decide if Asia Broadband will be following its price patterns.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Asia Broadband are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak fundamental drivers, Asia Broadband may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
| Total Cashflows From Investing Activities | -510.1 K |
Asia |
Asia Broadband Relative Risk vs. Return Landscape
If you would invest 2.36 in Asia Broadband on December 2, 2024 and sell it today you would earn a total of 0.02 from holding Asia Broadband or generate 0.85% return on investment over 90 days. Asia Broadband is currently generating 0.1419% in daily expected returns and assumes 5.1925% risk (volatility on return distribution) over the 90 days horizon. In different words, 46% of pink sheets are less volatile than Asia, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Asia Broadband Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia Broadband's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Asia Broadband, and traders can use it to determine the average amount a Asia Broadband'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 = 0.0273
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | AABB | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.19 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Asia Broadband 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 Asia Broadband by adding it to a well-diversified portfolio.
Asia Broadband Fundamentals Growth
Asia Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Asia Broadband, and Asia Broadband 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 Asia Pink Sheet performance.
| Return On Equity | -13.62 | |||
| Return On Asset | -1.68 | |||
| Operating Margin | (60.92) % | |||
| Current Valuation | 4.14 M | |||
| Shares Outstanding | 411.65 M | |||
| Price To Earning | (0.03) X | |||
| Price To Sales | 326.04 X | |||
| Revenue | 882.51 K | |||
| EBITDA | (3.05 M) | |||
| Cash And Equivalents | 1.12 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 2.16 M | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | 122.29 K | |||
| Earnings Per Share | (0.09) X | |||
| Total Asset | 1.6 M | |||
| Retained Earnings | (11.03 M) | |||
| Current Liabilities | 16 K | |||
About Asia Broadband Performance
By analyzing Asia Broadband's fundamental ratios, stakeholders can gain valuable insights into Asia Broadband's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Asia Broadband has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Asia Broadband has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Asia Broadband, Inc., through its subsidiary, Asia Metals Inc., focuses on the production, supply, and sale of precious and base metals primarily in Asian markets. The company was incorporated in 1996 and is based in Las Vegas, Nevada. Asia Broadband operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 42 people.Things to note about Asia Broadband performance evaluation
Checking the ongoing alerts about Asia Broadband for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Asia Broadband help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asia Broadband had very high historical volatility over the last 90 days | |
| Asia Broadband has some characteristics of a very speculative penny stock | |
| Asia Broadband has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 882.51 K. Net Loss for the year was (12.01 K) with profit before overhead, payroll, taxes, and interest of 50.5 K. |
- Analyzing Asia Broadband'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 Asia Broadband's stock is overvalued or undervalued compared to its peers.
- Examining Asia Broadband'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 Asia Broadband's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asia Broadband's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asia Broadband's pink sheet. These opinions can provide insight into Asia Broadband's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Asia Pink Sheet analysis
When running Asia Broadband's price analysis, check to measure Asia Broadband'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 Asia Broadband is operating at the current time. Most of Asia Broadband's value examination focuses on studying past and present price action to predict the probability of Asia Broadband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Broadband's price. Additionally, you may evaluate how the addition of Asia Broadband to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |