Asx Limited Adr Stock Today

ASXFY Stock  USD 44.35  0.02  0.05%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
ASX Limited is trading at 44.35 as of the 19th of March 2024; that is 0.05 percent increase since the beginning of the trading day. The stock's open price was 44.33. ASX Limited has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for ASX Limited ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of November 2022 and ending today, the 19th of March 2024. Click here to learn more.
ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company was incorporated in 1987 and is based in Sydney, Australia. ASX operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange. The company has 193.6 M outstanding shares. More on ASX Limited ADR

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Follow Valuation Odds of Bankruptcy
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ASX Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ASX Limited's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ASX Limited or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Deputy CEOPeter Hiom
Business ConcentrationFinancial Data & Stock Exchanges, Financial Services (View all Sectors)
ASX Limited ADR [ASXFY] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASX Limited's market, we take the total number of its shares issued and multiply it by ASX Limited'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 Limited ADR classifies itself under Financial Services sector and is part of Financial Data & Stock Exchanges industry. The entity has 193.6 M outstanding shares. ASX Limited ADR has accumulated about 5.73 B in cash with 203.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 29.6.
Check ASX Limited Probability Of Bankruptcy

ASX Stock Price Odds Analysis

Based on a normal probability distribution, the odds of ASX Limited jumping above the current price in 90 days from now is under 4%. The ASX Limited ADR probability density function shows the probability of ASX Limited pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon ASX Limited has a beta of 0.5748. This suggests as returns on the market go up, ASX Limited average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ASX Limited ADR will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1259, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 44.35HorizonTargetOdds Above 44.35
96.78%90 days
 44.35 
3.15%
Based on a normal probability distribution, the odds of ASX Limited to move above the current price in 90 days from now is under 4 (This ASX Limited ADR probability density function shows the probability of ASX Pink Sheet to fall within a particular range of prices over 90 days) .

ASX Limited ADR Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ASX Limited market risk premium is the additional return an investor will receive from holding ASX Limited long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ASX Limited. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ASX Limited's alpha and beta are two of the key measurements used to evaluate ASX Limited's performance over the market, the standard measures of volatility play an important role as well.

ASX Stock Against Markets

Picking the right benchmark for ASX Limited pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ASX Limited pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ASX Limited is critical whether you are bullish or bearish towards ASX Limited ADR at a given time. Please also check how ASX Limited's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ASX Limited without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ASX Limited Corporate Directors

ASX Limited corporate directors refer to members of an ASX Limited board of directors. The board of directors generally takes responsibility for the ASX Limited's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ASX Limited's board members must vote for the resolution. The ASX Limited board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Yasmin AllenNon-Executive DirectorProfile
Dominic StevensNon-Executive DirectorProfile
Melinda ConradNon-Executive DirectorProfile
Peter NashNon-Executive DirectorProfile

How to buy ASX Pink Sheet?

Before investing in ASX Limited, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ASX Limited. To buy ASX Limited stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ASX Limited. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ASX Limited stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ASX Limited ADR stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ASX Limited ADR stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ASX Limited ADR, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in ASX Limited ADR?

The danger of trading ASX Limited ADR is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ASX Limited is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ASX Limited. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASX Limited ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASX Limited ADR. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the ASX Limited ADR information on this page should be used as a complementary analysis to other ASX Limited's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for ASX Pink Sheet analysis

When running ASX Limited's price analysis, check to measure ASX Limited'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 Limited is operating at the current time. Most of ASX Limited's value examination focuses on studying past and present price action to predict the probability of ASX Limited'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 Limited's price. Additionally, you may evaluate how the addition of ASX Limited to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ASX Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASX Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASX Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.