Asics Stock Performance
| ASCCF Stock | USD 21.63 1.11 5.41% |
On a scale of 0 to 100, ASICS holds a performance score of 4. The firm shows a Beta (market volatility) of -0.75, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ASICS are expected to decrease at a much lower rate. During the bear market, ASICS is likely to outperform the market. Please check ASICS's information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether ASICS's price patterns will revert.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in ASICS are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly abnormal fundamental indicators, ASICS reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 80.5 B | |
| Total Cashflows From Investing Activities | -10.2 B |
ASICS |
ASICS Relative Risk vs. Return Landscape
If you would invest 1,946 in ASICS on December 18, 2024 and sell it today you would earn a total of 217.00 from holding ASICS or generate 11.15% return on investment over 90 days. ASICS is currently producing 0.3837% returns and takes up 6.1051% volatility of returns over 90 trading days. Put another way, 54% of traded pink sheets are less volatile than ASICS, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ASICS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASICS's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as ASICS, and traders can use it to determine the average amount a ASICS'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 = 0.0628
| Best Portfolio | Best Equity | |||
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| Small Returns | ASCCF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.11 actual daily | 54 54% of assets are less volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average ASICS is performing at about 4% 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 ASICS by adding it to a well-diversified portfolio.
ASICS Fundamentals Growth
ASICS Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of ASICS, and ASICS 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 ASICS Pink Sheet performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0549 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 4.42 B | |||
| Shares Outstanding | 183.17 M | |||
| Price To Earning | 43.63 X | |||
| Price To Book | 2.83 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 404.13 B | |||
| EBITDA | 30.19 B | |||
| Cash And Equivalents | 66.69 B | |||
| Cash Per Share | 364.10 X | |||
| Total Debt | 72.5 B | |||
| Debt To Equity | 0.57 % | |||
| Book Value Per Share | 933.06 X | |||
| Cash Flow From Operations | 49.15 B | |||
| Earnings Per Share | 0.56 X | |||
| Total Asset | 345.77 B | |||
About ASICS Performance
By analyzing ASICS's fundamental ratios, stakeholders can gain valuable insights into ASICS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ASICS 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 ASICS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about ASICS performance evaluation
Checking the ongoing alerts about ASICS for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for ASICS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ASICS had very high historical volatility over the last 90 days | |
| About 57.0% of the company shares are held by institutions such as insurance companies |
- Analyzing ASICS'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 ASICS's stock is overvalued or undervalued compared to its peers.
- Examining ASICS'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 ASICS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ASICS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ASICS's pink sheet. These opinions can provide insight into ASICS's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ASICS Pink Sheet analysis
When running ASICS's price analysis, check to measure ASICS'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 is operating at the current time. Most of ASICS's value examination focuses on studying past and present price action to predict the probability of ASICS'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's price. Additionally, you may evaluate how the addition of ASICS to your portfolios can decrease your overall portfolio volatility.
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