Ase Industrial Holding Stock Market Value
| ASX Stock | USD 10.30 0.07 0.68% |
| Symbol | ASE |
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASE Industrial. If investors know ASE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASE Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.289 | Earnings Share 0.52 | Revenue Per Share 282.566 | Quarterly Revenue Growth 0.116 | Return On Assets 0.0355 |
The market value of ASE Industrial Holding is measured differently than its book value, which is the value of ASE that is recorded on the company's balance sheet. Investors also form their own opinion of ASE Industrial's value that differs from its market value or its book value, called intrinsic value, which is ASE Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASE Industrial's market value can be influenced by many factors that don't directly affect ASE Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASE Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASE Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASE Industrial'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.
ASE Industrial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ASE Industrial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ASE Industrial.
| 04/05/2025 |
| 07/04/2025 |
If you would invest 0.00 in ASE Industrial on April 5, 2025 and sell it all today you would earn a total of 0.00 from holding ASE Industrial Holding or generate 0.0% return on investment in ASE Industrial over 90 days. ASE Industrial is related to or competes with Suntory Beverage, Northstar Clean, National Beverage, Golden Energy, and WT Offshore. ASE Technology Holding Co., Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing ... More
ASE Industrial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ASE Industrial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ASE Industrial Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.73 | |||
| Information Ratio | 0.0576 | |||
| Maximum Drawdown | 18.4 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 4.6 |
ASE Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASE Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ASE Industrial's standard deviation. In reality, there are many statistical measures that can use ASE Industrial historical prices to predict the future ASE Industrial's volatility.| Risk Adjusted Performance | 0.1606 | |||
| Jensen Alpha | 0.2756 | |||
| Total Risk Alpha | 0.0878 | |||
| Sortino Ratio | 0.0619 | |||
| Treynor Ratio | (5.46) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ASE Industrial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ASE Industrial Holding Backtested Returns
ASE Industrial appears to be somewhat reliable, given 3 months investment horizon. ASE Industrial Holding secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2 % return per unit of risk over the last 3 months. By reviewing ASE Industrial's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of ASE Industrial's Mean Deviation of 1.89, risk adjusted performance of 0.1606, and Downside Deviation of 2.73 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ASE Industrial holds a performance score of 16. The firm shows a Beta (market volatility) of -0.0496, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ASE Industrial are expected to decrease at a much lower rate. During the bear market, ASE Industrial is likely to outperform the market. Please check ASE Industrial's potential upside, and the relationship between the jensen alpha and accumulation distribution , to make a quick decision on whether ASE Industrial's price patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
ASE Industrial Holding has very good predictability. Overlapping area represents the amount of predictability between ASE Industrial time series from 5th of April 2025 to 20th of May 2025 and 20th of May 2025 to 4th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ASE Industrial Holding price movement. The serial correlation of 0.81 indicates that around 81.0% of current ASE Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
ASE Industrial Holding lagged returns against current returns
Autocorrelation, which is ASE Industrial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ASE Industrial's stock expected returns. We can calculate the autocorrelation of ASE Industrial returns to help us make a trade decision. For example, suppose you find that ASE Industrial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ASE Industrial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ASE Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ASE Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ASE Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
ASE Industrial Lagged Returns
When evaluating ASE Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ASE Industrial stock have on its future price. ASE Industrial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ASE Industrial autocorrelation shows the relationship between ASE Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in ASE Industrial Holding.
Regressed Prices |
| Timeline |
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Additional Tools for ASE Stock Analysis
When running ASE Industrial's price analysis, check to measure ASE Industrial'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 ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.