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 Flow80.5 B
Total Cashflows From Investing Activities-10.2 B
  

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  
Assuming the 90 days horizon ASICS is expected to generate 7.15 times more return on investment than the market. However, the company is 7.15 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.02 per unit of 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 PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsASCCF
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

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.

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
Evaluating ASICS's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ASICS's pink sheet performance include:
  • 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.
It's essential to remember that evaluating ASICS's pink sheet performance is not an exact science, and many factors can impact ASICS's pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets