ASX (Australia) Analysis
| ASX Stock | 64.30 1.14 1.74% |
ASX is fairly valued with Real Value of 65.34 and Hype Value of 64.3. The main objective of ASX stock analysis is to determine its intrinsic value, which is an estimate of what ASX is worth, separate from its market price. There are two main types of ASX's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect ASX's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of ASX's stock to identify patterns and trends that may indicate its future price movements.
The ASX stock is traded in Australia on Australian Securities Exchange, with the market opening at 09:50:00 and closing at 16:12:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Australia. ASX is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Australia Day, Australia Day ( substitute day ), Good Friday, Easter Monday, ANZAC Day. ASX Stock trading window is adjusted to Australia/Sydney timezone.
ASX |
ASX Stock Analysis Notes
About 54.0% of the company shares are held by institutions such as insurance companies. The book value of ASX was presently reported as 19.21. The company last dividend was issued on the 21st of August 2024. ASX had 1.0145:1 split on the 21st of March 2000. For more info on ASX please contact Helen Lofthouse at 61 2 9227 0000 or go to https://www.asx.com.au.ASX Quarterly Total Revenue |
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ASX Investment Alerts
| 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 |
ASX Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 12.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASX's market, we take the total number of its shares issued and multiply it by ASX's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.ASX Profitablity
ASX's profitability indicators refer to fundamental financial ratios that showcase ASX's ability to generate income relative to its revenue or operating costs. If, let's say, ASX is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ASX's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of ASX's profitability requires more research than a typical breakdown of ASX's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.3 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.74 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.74. Management Efficiency
ASX has return on total asset (ROA) of 0.0431 % which means that it generated a profit of $0.0431 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1288 %, meaning that it generated $0.1288 on every $100 dollars invested by stockholders. ASX's management efficiency ratios could be used to measure how well ASX manages its routine affairs as well as how well it operates its assets and liabilities. At this time, ASX's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 17.7 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 160 M in 2024.Leadership effectiveness at ASX is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield 0.0332 | Operating Margin 0.737 | Profit Margin 0.3 | Forward Dividend Yield 0.0332 | Beta 0.271 |
Technical Drivers
As of the 21st of December, ASX shows the risk adjusted performance of 0.0365, and Mean Deviation of 0.7812. ASX technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.ASX Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ASX middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ASX. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ASX Outstanding Bonds
ASX issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ASX uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ASX bonds can be classified according to their maturity, which is the date when ASX has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
ASX Predictive Daily Indicators
ASX intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ASX stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 21278.94 | |||
| Daily Balance Of Power | (0.63) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 65.21 | |||
| Day Typical Price | 64.91 | |||
| Price Action Indicator | (1.48) | |||
| Period Momentum Indicator | (1.14) | |||
| Relative Strength Index | 54.27 |
ASX Forecast Models
ASX's time-series forecasting models are one of many ASX's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ASX's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ASX Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ASX prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ASX shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ASX. By using and applying ASX Stock analysis, traders can create a robust methodology for identifying ASX entry and exit points for their positions.
ASX is entity of Australia. It is traded as Stock on AU exchange.
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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.