ASCO Financial Statements From 2010 to 2024
| ASCO Stock | EUR 2.60 0.04 1.52% |
Check As Commercial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASCO main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ASCO financial statements analysis is a perfect complement when working with As Commercial Valuation or Volatility modules.
ASCO |
As Commercial Industrial Company Current Valuation Analysis
As Commercial's 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.
Current As Commercial Current Valuation | 13.4 M |
Most of As Commercial's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, As Commercial Industrial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, As Commercial Industrial has a Current Valuation of 13.4 M. This is 99.92% lower than that of the Consumer Goods sector and 97.07% lower than that of the Recreational Goods, Other industry. The current valuation for all Greece stocks is 99.92% higher than that of the company.
As Commercial Industrial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining As Commercial's current stock value. Our valuation model uses many indicators to compare As Commercial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across As Commercial competition to find correlations between indicators driving As Commercial's intrinsic value. More Info.As Commercial Industrial is rated fourth in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.86 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for As Commercial Industrial is roughly 1.16 . Comparative valuation analysis is a catch-all model that can be used if you cannot value As Commercial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for As Commercial's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 As Commercial's earnings, one of the primary drivers of an investment's value.About As Commercial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include As Commercial income statement, its balance sheet, and the statement of cash flows. As Commercial investors use historical funamental indicators, such as As Commercial's revenue or net income, to determine how well the company is positioned to perform in the future. Although As Commercial investors may use each financial statement separately, they are all related. The changes in As Commercial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on As Commercial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on As Commercial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in As Commercial. Please read more on our technical analysis and fundamental analysis pages.
As Commercial Industrial Company of Computers and Toys S.A. designs, manufactures, imports, and trades in toys for various ages in Greece and internationally. The company was founded in 1990 and is headquartered in Thessaloniki, Greece. A S operates under Recreational Goods, Other classification in Greece and is traded on Athens Stock Exchange. It employs 81 people.
Pair Trading with As Commercial
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 As Commercial 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 As Commercial will appreciate offsetting losses from the drop in the long position's value.Moving together with ASCO Stock
| 0.78 | KYRI | Kiriacoulis Mediterranean | PairCorr |
| 0.64 | DAIOS | Daios Plastics SA | PairCorr |
| 0.63 | TELL | Bank of Greece | PairCorr |
The ability to find closely correlated positions to As Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace As Commercial 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 As Commercial - 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 As Commercial Industrial to buy it.
The correlation of As Commercial 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 As Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if As Commercial Industrial 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 As Commercial 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.Check out the analysis of As Commercial Correlation against competitors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for ASCO Stock analysis
When running As Commercial's price analysis, check to measure As Commercial'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 As Commercial is operating at the current time. Most of As Commercial's value examination focuses on studying past and present price action to predict the probability of As Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move As Commercial's price. Additionally, you may evaluate how the addition of As Commercial to your portfolios can decrease your overall portfolio volatility.
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