ASETEK (Germany) Today
| A31 Stock | EUR 0.57 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ASETEK is trading at 0.57 as of the 1st of May 2024, a No Change since the beginning of the trading day. The stock's lowest day price was 0.57. ASETEK has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ASETEK are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of March 2024 and ending today, the 1st of May 2024. Click here to learn more.
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Follow Valuation Odds of Bankruptcy
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ASETEK Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ASETEK's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ASETEK or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Andre Eriksen |
| Business Concentration | Other, Other (View all Sectors) |
ASETEK (A31) is traded on Berlin Exchange in Germany and employs 13 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 96.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASETEK's market, we take the total number of its shares issued and multiply it by ASETEK'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. ASETEK operates under Other sector and is part of Other industry. The entity has 0 outstanding shares.
ASETEK generates positive cash flow from operations, but has no cash available
Check ASETEK Probability Of Bankruptcy
ASETEK Stock Price Odds Analysis
What are ASETEK's target price odds to finish over the current price? Based on a normal probability distribution, the odds of ASETEK jumping above the current price in 90 days from now is about 74.23%. The ASETEK probability density function shows the probability of ASETEK stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ASETEK has a beta of 0.8092. This suggests as returns on the market go up, ASETEK average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ASETEK will be expected to be much smaller as well. Additionally, aSETEK has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of ASETEK to move above the current price in 90 days from now is about 74.23 (This ASETEK probability density function shows the probability of ASETEK Stock to fall within a particular range of prices over 90 days) .
ASETEK Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ASETEK market risk premium is the additional return an investor will receive from holding ASETEK 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 ASETEK. 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 ASETEK's alpha and beta are two of the key measurements used to evaluate ASETEK's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.99 | |||
| Standard Deviation | 3.49 | |||
| Variance | 12.21 | |||
| Risk Adjusted Performance | (0.01) |
ASETEK Stock Against Markets
Picking the right benchmark for ASETEK stock 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 ASETEK stock 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 ASETEK is critical whether you are bullish or bearish towards ASETEK at a given time. Please also check how ASETEK'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 ASETEK 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.Did you try this?
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ASETEK Corporate Management
Elected by the shareholders, the ASETEK's board of directors comprises two types of representatives: ASETEK inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ASETEK. The board's role is to monitor ASETEK's management team and ensure that shareholders' interests are well served. ASETEK's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ASETEK's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Csaba Vesei | Vice President of Global Operations | Profile | |
| Magnus Hakanen | Vice President Global Quality | Profile | |
| Chris Christopher | Vice Chairman of the Board | Profile | |
| Dipak Rao | Vice President of Global Sales and Marketing | Profile | |
| Solveig Malvik | Director of Branding | Profile | |
| Jukka Pertola | Chairman of the Board | Profile |
How to buy ASETEK Stock?
Before investing in ASETEK, 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 ASETEK. To buy ASETEK stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ASETEK. 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 ASETEK stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ASETEK 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 ASETEK 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 ASETEK, 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 ASETEK?
The danger of trading ASETEK 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 ASETEK 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 ASETEK. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASETEK 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 ASETEK. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for ASETEK Stock analysis
When running ASETEK's price analysis, check to measure ASETEK'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 ASETEK is operating at the current time. Most of ASETEK's value examination focuses on studying past and present price action to predict the probability of ASETEK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASETEK's price. Additionally, you may evaluate how the addition of ASETEK to your portfolios can decrease your overall portfolio volatility.
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