ASN Financial Statements From 2010 to 2024

ASN Stock  THB 2.08  0.04  1.89%   
ASN Broker financial statements provide useful quarterly and yearly information to potential ASN Broker Public investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ASN Broker financial statements helps investors assess ASN Broker's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ASN Broker's valuation are summarized below:
ASN Broker Public does not now have any fundamental signals for analysis.
Check ASN Broker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASN main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ASN financial statements analysis is a perfect complement when working with ASN Broker Valuation or Volatility modules.
  
This module can also supplement various ASN Broker Technical models . Check out the analysis of ASN Broker Correlation against competitors.

ASN Broker Public Company Current Valuation Analysis

ASN Broker'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.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current ASN Broker Current Valuation

    
  715.36 M  
Most of ASN Broker'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, ASN Broker Public 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, ASN Broker Public has a Current Valuation of 715.36 M. This is 97.82% lower than that of the Financial Services sector and 96.33% lower than that of the Insurance Brokers industry. The current valuation for all Thailand stocks is 95.7% higher than that of the company.

ASN Broker Public Fundamental Drivers Relationships

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. You can analyze the relationship between different fundamental ratios across ASN Broker competition to find correlations between indicators driving ASN Broker's intrinsic value. More Info.
ASN Broker Public is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about  0.98  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ASN Broker Public is roughly  1.02 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ASN Broker by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ASN Broker'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 ASN Broker's earnings, one of the primary drivers of an investment's value.

About ASN Broker Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ASN Broker income statement, its balance sheet, and the statement of cash flows. ASN Broker investors use historical funamental indicators, such as ASN Broker's revenue or net income, to determine how well the company is positioned to perform in the future. Although ASN Broker investors may use each financial statement separately, they are all related. The changes in ASN Broker's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ASN Broker'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 ASN Broker Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ASN Broker. Please read more on our technical analysis and fundamental analysis pages.
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ASN Broker in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ASN Broker's short interest history, or implied volatility extrapolated from ASN Broker options trading.

Pair Trading with ASN Broker

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.

Moving together with ASN Stock

  0.79TQM-R TQM PORATIONPairCorr

Moving against ASN Stock

  0.83EE Eternal Energy PublicPairCorr
  0.76INTUCH-R Intouch Holdings PublicPairCorr
  0.72INTUCH Intouch Holdings PublicPairCorr
  0.7TQM TQM PublicPairCorr
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.
Pair CorrelationCorrelation Matching
Check out the analysis of ASN Broker Correlation against competitors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running ASN Broker's price analysis, check to measure ASN Broker'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 ASN Broker is operating at the current time. Most of ASN Broker's value examination focuses on studying past and present price action to predict the probability of ASN Broker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASN Broker's price. Additionally, you may evaluate how the addition of ASN Broker to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ASN Broker's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASN Broker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASN Broker'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.