Asics Stock Analysis

ASICS Pink Sheet Analysis Notes

About 57.0% of the company shares are held by institutions such as insurance companies. The book value of ASICS was presently reported as 933.06. The company last dividend was issued on the 29th of June 2023. 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.The quote for ASICS is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on ASICS please contact the company at 81 78 303 2231 or go to https://corp.asics.com/jp.

ASICS Investment Alerts

ASICS Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASICS's market, we take the total number of its shares issued and multiply it by ASICS'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.

ASICS Profitablity

The company has Profit Margin (PM) of 0.04 %, 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 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Technical Drivers

As of the 25th of July, ASICS shows the Mean Deviation of 1.12, coefficient of variation of 909.15, and Risk Adjusted Performance of 0.0986. ASICS 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. Please confirm ASICS information ratio, as well as the relationship between the value at risk and kurtosis to decide if ASICS is priced favorably, providing market reflects its regular price of 24.53 per share. Given that ASICS has information ratio of 0.0243, we suggest you to validate ASICS's prevailing market performance to make sure the company can sustain itself in the future.

ASICS Price Movement Analysis

ASICS Predictive Daily Indicators

ASICS Forecast Models

ASICS's time-series forecasting models are one of many ASICS's pink sheet 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 ASICS'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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how ASICS 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 ASICS shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as ASICS. By using and applying ASICS Pink Sheet analysis, traders can create a robust methodology for identifying ASICS entry and exit points for their positions.

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.