ASN Broker Return On Equity vs. Current Valuation
| ASN Stock | THB 1.79 0.01 0.56% |
For ASN Broker profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ASN Broker to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ASN Broker Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ASN Broker's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ASN Broker Public over time as well as its relative position and ranking within its peers.
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ASN Broker Public Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ASN Broker's current stock value. Our valuation model uses many indicators to compare ASN Broker value to that of its competitors to determine the firm's financial worth. ASN Broker Public is number one stock in return on equity category among its peers. It also is the top company in current valuation category among its peers reporting about 26,692,680,933 of Current Valuation per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ASN Broker's earnings, one of the primary drivers of an investment's value.ASN Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.0268 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
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| = | 715.36 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
ASN Current Valuation vs Competition
ASN Broker Public is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Insurance Brokers industry is presently estimated at about 471.87 Billion. ASN Broker adds roughly 715.36 Million in current valuation claiming only tiny portion of equities under Insurance Brokers industry.
ASN Broker Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ASN Broker, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ASN Broker will eventually generate negative long term returns. The profitability progress is the general direction of ASN Broker's change in net profit over the period of time. It can combine multiple indicators of ASN Broker, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
ASN Broker Public Company Limited, together with its subsidiaries, provides insurance brokerage services in Thailand. The company was founded in 2005 and is based in Bangkok, Thailand. ASN BROKER operates under Insurance Brokers classification in Thailand and is traded on Stock Exchange of Thailand.
ASN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ASN Broker. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ASN Broker position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ASN Broker's important profitability drivers and their relationship over time.
Use ASN Broker in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASN Broker position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASN Broker will appreciate offsetting losses from the drop in the long position's value.ASN Broker Pair Trading
ASN Broker Public Pair Trading Analysis
The ability to find closely correlated positions to ASN Broker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASN Broker when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASN Broker - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASN Broker Public to buy it.
The correlation of ASN Broker is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASN Broker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASN Broker Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ASN Broker can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ASN Broker position
In addition to having ASN Broker in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Music and Video Thematic Idea Now
Music and Video
Companies specializing in music, video and movie production and distribution. The Music and Video theme has 36 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Music and Video Theme or any other thematic opportunities.
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Other Information on Investing in ASN Stock
To fully project ASN Broker's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ASN Broker Public at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ASN Broker's income statement, its balance sheet, and the statement of cash flows.