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Ascendas Real Estate Investment
Buy, Hold or Sell?

Let's analyse Ascendas Real Estate Investment together

PenkeI guess you are interested in Ascendas Real Estate Investment. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Ascendas Real Estate Investment. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Ascendas Real Estate Investment (30 sec.)










What can you expect buying and holding a share of Ascendas Real Estate Investment? (30 sec.)

How much money do you get?

How much money do you get?
S$0.45
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
S$2.33
Expected worth in 1 year
S$2.28
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
S$0.56
Return On Investment
21.0%

For what price can you sell your share?

Current Price per Share
S$2.66
Expected price per share
S$2.5895940520446 - S$2.82
How sure are you?
50%

1. Valuation of Ascendas Real Estate Investment (5 min.)




Live pricePrice per Share (EOD)

S$2.66

Intrinsic Value Per Share

S$1.10 - S$2.52

Total Value Per Share

S$3.42 - S$4.85

2. Growth of Ascendas Real Estate Investment (5 min.)




Is Ascendas Real Estate Investment growing?

Current yearPrevious yearGrowGrow %
How rich?$7.6b$7.6b-$34.6m-0.5%

How much money is Ascendas Real Estate Investment making?

Current yearPrevious yearGrowGrow %
Making money$133.4m$568.4m-$435m-326.0%
Net Profit Margin12.1%56.2%--

How much money comes from the company's main activities?

3. Financial Health of Ascendas Real Estate Investment (5 min.)




What can you expect buying and holding a share of Ascendas Real Estate Investment? (5 min.)

Welcome investor! Ascendas Real Estate Investment's management wants to use your money to grow the business. In return you get a share of Ascendas Real Estate Investment.

What can you expect buying and holding a share of Ascendas Real Estate Investment?

First you should know what it really means to hold a share of Ascendas Real Estate Investment. And how you can make/lose money.

Speculation

The Price per Share of Ascendas Real Estate Investment is S$2.66. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Ascendas Real Estate Investment.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ascendas Real Estate Investment, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is S$2.33. Based on the TTM, the Book Value Change Per Share is S$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is S$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is S$0.15 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ascendas Real Estate Investment.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 S$% of Price per ShareS$% of Price per ShareS$% of Price per ShareS$% of Price per ShareS$% of Price per Share
Usd Eps0.031.1%0.031.1%0.134.8%0.103.6%0.083.2%
Usd Book Value Change Per Share-0.01-0.3%-0.01-0.3%0.00-0.1%0.114.2%0.093.4%
Usd Dividend Per Share0.114.2%0.114.2%0.114.2%0.103.8%0.083.1%
Usd Total Gains Per Share0.103.9%0.103.9%0.114.1%0.218.0%0.176.6%
Usd Price Per Share2.27-2.27-2.05-2.20-1.99-
Price to Earnings Ratio74.59-74.59-16.02-31.91-28.49-
Price-to-Total Gains Ratio21.67-21.67-18.57-12.83-14.31-
Price to Book Ratio1.30-1.30-1.17-1.36-1.54-
Price-to-Total Gains Ratio21.67-21.67-18.57-12.83-14.31-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.988616
Number of shares502
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.110.10
Usd Book Value Change Per Share-0.010.11
Usd Total Gains Per Share0.100.21
Gains per Quarter (502 shares)52.47106.35
Gains per Year (502 shares)209.88425.41
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1226-16200202224415
2451-32410403447840
3677-486206056711265
4903-638308078951690
51129-791040100811192115
61354-951250121013422540
71580-1111460141215662965
81806-1271670161317903390
92031-1431880181520143815
102257-1582090201722374240

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%21.00.00.0100.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%8.02.00.080.0%19.02.00.090.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%21.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%21.00.00.0100.0%

Fundamentals of Ascendas Real Estate Investment

About Ascendas Real Estate Investment

CapitaLand Ascendas REIT (CLAR) is Singapore's first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets. As at 31 December 2023, its investment properties under management stood at S$16.9 billion. It owns a total of 232 properties across three segments, namely Business Space and Life Sciences; Logistics; and Industrial and Data Centres. These properties are in the developed markets of Singapore, the United States, Australia, and the United Kingdom/Europe. These properties house a tenant base of approximately 1,790 international and local companies from a wide range of industries and activities, including data centres, information technology, engineering, logistics & supply chain management, biomedical sciences, financial services (backroom office support), electronics, government and other manufacturing and services industries. Major tenants include Singtel, DSO National Laboratories, SEA Group, Stripe, Entserve UK, DBS, Seagate, Citibank, Pinterest, and Equinix. CLAR is listed in several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. CLAR has an issuer rating of "A3' by Moody's Investors Service. CLAR is managed by CapitaLand Ascendas REIT Management Limited, a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.

Fundamental data was last updated by Penke on 2024-03-06 18:12:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Ascendas Real Estate Investment.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ascendas Real Estate Investment earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Ascendas Real Estate Investment to the REIT - Industrial industry mean.
  • A Net Profit Margin of 12.1% means that $0.12 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ascendas Real Estate Investment:

  • The MRQ is 12.1%. The company is making a huge profit. +2
  • The TTM is 12.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ12.1%TTM12.1%0.0%
TTM12.1%YOY56.2%-44.2%
TTM12.1%5Y49.2%-37.2%
5Y49.2%10Y51.6%-2.4%
1.1.2. Return on Assets

Shows how efficient Ascendas Real Estate Investment is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ascendas Real Estate Investment to the REIT - Industrial industry mean.
  • 1.0% Return on Assets means that Ascendas Real Estate Investment generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ascendas Real Estate Investment:

  • The MRQ is 1.0%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.0%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM1.0%0.0%
TTM1.0%YOY4.3%-3.3%
TTM1.0%5Y3.3%-2.3%
5Y3.3%10Y3.8%-0.5%
1.1.3. Return on Equity

Shows how efficient Ascendas Real Estate Investment is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ascendas Real Estate Investment to the REIT - Industrial industry mean.
  • 1.7% Return on Equity means Ascendas Real Estate Investment generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ascendas Real Estate Investment:

  • The MRQ is 1.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.7%TTM1.7%0.0%
TTM1.7%YOY7.4%-5.7%
TTM1.7%5Y5.6%-3.9%
5Y5.6%10Y6.4%-0.7%

1.2. Operating Efficiency of Ascendas Real Estate Investment.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ascendas Real Estate Investment is operating .

  • Measures how much profit Ascendas Real Estate Investment makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ascendas Real Estate Investment to the REIT - Industrial industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ascendas Real Estate Investment:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY64.2%-64.2%
TTM-5Y58.5%-58.5%
5Y58.5%10Y61.8%-3.3%
1.2.2. Operating Ratio

Measures how efficient Ascendas Real Estate Investment is keeping operating costs low.

  • Below 1 is considered healthy (always compare to REIT - Industrial industry mean).
  • An Operation Ratio of 0.69 means that the operating costs are $0.69 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Ascendas Real Estate Investment:

  • The MRQ is 0.687. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.687. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.687TTM0.6870.000
TTM0.687YOY0.642+0.044
TTM0.6875Y0.523+0.163
5Y0.52310Y0.439+0.084

1.3. Liquidity of Ascendas Real Estate Investment.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ascendas Real Estate Investment is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to REIT - Industrial industry mean).
  • A Current Ratio of 0.24 means the company has $0.24 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Ascendas Real Estate Investment:

  • The MRQ is 0.235. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.235. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.235TTM0.2350.000
TTM0.235YOY0.278-0.043
TTM0.2355Y0.289-0.054
5Y0.28910Y0.216+0.073
1.3.2. Quick Ratio

Measures if Ascendas Real Estate Investment is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ascendas Real Estate Investment to the REIT - Industrial industry mean.
  • A Quick Ratio of 0.06 means the company can pay off $0.06 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ascendas Real Estate Investment:

  • The MRQ is 0.055. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.055. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.055TTM0.0550.000
TTM0.055YOY0.017+0.038
TTM0.0555Y0.161-0.106
5Y0.16110Y0.123+0.038

1.4. Solvency of Ascendas Real Estate Investment.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ascendas Real Estate Investment assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ascendas Real Estate Investment to REIT - Industrial industry mean.
  • A Debt to Asset Ratio of 0.44 means that Ascendas Real Estate Investment assets are financed with 44.1% credit (debt) and the remaining percentage (100% - 44.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ascendas Real Estate Investment:

  • The MRQ is 0.441. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.441. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.441TTM0.4410.000
TTM0.441YOY0.426+0.015
TTM0.4415Y0.419+0.022
5Y0.41910Y0.403+0.015
1.4.2. Debt to Equity Ratio

Measures if Ascendas Real Estate Investment is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ascendas Real Estate Investment to the REIT - Industrial industry mean.
  • A Debt to Equity ratio of 78.8% means that company has $0.79 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ascendas Real Estate Investment:

  • The MRQ is 0.788. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.788. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.788TTM0.7880.000
TTM0.788YOY0.741+0.046
TTM0.7885Y0.722+0.066
5Y0.72210Y0.678+0.043

2. Market Valuation of Ascendas Real Estate Investment

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Ascendas Real Estate Investment generates.

  • Above 15 is considered overpriced but always compare Ascendas Real Estate Investment to the REIT - Industrial industry mean.
  • A PE ratio of 74.59 means the investor is paying $74.59 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ascendas Real Estate Investment:

  • The EOD is 65.481. Based on the earnings, the company is expensive. -2
  • The MRQ is 74.590. Based on the earnings, the company is expensive. -2
  • The TTM is 74.590. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD65.481MRQ74.590-9.108
MRQ74.590TTM74.5900.000
TTM74.590YOY16.022+58.568
TTM74.5905Y31.914+42.676
5Y31.91410Y28.489+3.425
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ascendas Real Estate Investment:

  • The EOD is 12.221. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 13.921. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 13.921. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD12.221MRQ13.921-1.700
MRQ13.921TTM13.9210.000
TTM13.921YOY11.827+2.095
TTM13.9215Y10.639+3.282
5Y10.63910Y16.003-5.364
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ascendas Real Estate Investment is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to REIT - Industrial industry mean).
  • A PB ratio of 1.30 means the investor is paying $1.30 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Ascendas Real Estate Investment:

  • The EOD is 1.144. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.303. Based on the equity, the company is underpriced. +1
  • The TTM is 1.303. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.144MRQ1.303-0.159
MRQ1.303TTM1.3030.000
TTM1.303YOY1.173+0.130
TTM1.3035Y1.357-0.054
5Y1.35710Y1.545-0.188
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ascendas Real Estate Investment compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.011-0.0110%-0.002-77%0.149-107%0.122-109%
Book Value Per Share--2.3262.3260%2.3370%2.188+6%1.790+30%
Current Ratio--0.2350.2350%0.278-16%0.289-19%0.216+9%
Debt To Asset Ratio--0.4410.4410%0.426+4%0.419+5%0.403+9%
Debt To Equity Ratio--0.7880.7880%0.741+6%0.722+9%0.678+16%
Dividend Per Share--0.1500.1500%0.150+0%0.134+12%0.112+34%
Eps--0.0410.0410%0.171-76%0.129-69%0.113-64%
Free Cash Flow Per Share--0.2180.2180%0.232-6%0.086+152%0.101+116%
Free Cash Flow To Equity Per Share--0.2180.2180%0.054+306%0.181+20%0.170+28%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2.520--------
Intrinsic Value_10Y_min--1.098--------
Intrinsic Value_1Y_max--0.216--------
Intrinsic Value_1Y_min--0.093--------
Intrinsic Value_3Y_max--0.676--------
Intrinsic Value_3Y_min--0.296--------
Intrinsic Value_5Y_max--1.170--------
Intrinsic Value_5Y_min--0.516--------
Market Cap11687003238.400-14%13312639027.20013312639027.2000%12038492057.600+11%12917214105.600+3%11710289372.672+14%
Net Profit Margin--0.1210.1210%0.562-79%0.492-76%0.516-77%
Operating Margin----0%0.642-100%0.585-100%0.618-100%
Operating Ratio--0.6870.6870%0.642+7%0.523+31%0.439+56%
Pb Ratio1.144-14%1.3031.3030%1.173+11%1.357-4%1.545-16%
Pe Ratio65.481-14%74.59074.5900%16.022+366%31.914+134%28.489+162%
Price Per Share2.660-14%3.0303.0300%2.740+11%2.940+3%2.665+14%
Price To Free Cash Flow Ratio12.221-14%13.92113.9210%11.827+18%10.639+31%16.003-13%
Price To Total Gains Ratio19.026-14%21.67221.6720%18.574+17%12.825+69%14.314+51%
Quick Ratio--0.0550.0550%0.017+232%0.161-66%0.123-55%
Return On Assets--0.0100.0100%0.043-77%0.033-70%0.038-74%
Return On Equity--0.0170.0170%0.074-76%0.056-69%0.064-73%
Total Gains Per Share--0.1400.1400%0.148-5%0.283-51%0.234-40%
Usd Book Value--7640674599.6007640674599.6000%7675326607.2000%7186806191.040+6%5879468202.720+30%
Usd Book Value Change Per Share---0.008-0.0080%-0.002-77%0.111-107%0.091-109%
Usd Book Value Per Share--1.7391.7390%1.7470%1.636+6%1.338+30%
Usd Dividend Per Share--0.1120.1120%0.112+0%0.100+12%0.084+34%
Usd Eps--0.0300.0300%0.128-76%0.096-69%0.084-64%
Usd Free Cash Flow--714916423.200714916423.2000%761000730.000-6%283753149.960+152%330505474.740+116%
Usd Free Cash Flow Per Share--0.1630.1630%0.173-6%0.065+152%0.075+116%
Usd Free Cash Flow To Equity Per Share--0.1630.1630%0.040+306%0.135+20%0.127+28%
Usd Market Cap8737203621.028-14%9952528936.7359952528936.7350%8999976662.262+11%9656909265.347+3%8754612335.010+14%
Usd Price Per Share1.989-14%2.2652.2650%2.048+11%2.198+3%1.993+14%
Usd Profit--133430152.800133430152.8000%568464573.600-77%409812191.040-67%366868850.880-64%
Usd Revenue--1106282032.8001106282032.8000%1011268053.600+9%865423404.720+28%732749673.600+51%
Usd Total Gains Per Share--0.1050.1050%0.110-5%0.212-51%0.175-40%
 EOD+4 -4MRQTTM+0 -0YOY+10 -255Y+16 -1910Y+18 -17

3.2. Fundamental Score

Let's check the fundamental score of Ascendas Real Estate Investment based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1565.481
Price to Book Ratio (EOD)Between0-11.144
Net Profit Margin (MRQ)Greater than00.121
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.055
Current Ratio (MRQ)Greater than10.235
Debt to Asset Ratio (MRQ)Less than10.441
Debt to Equity Ratio (MRQ)Less than10.788
Return on Equity (MRQ)Greater than0.150.017
Return on Assets (MRQ)Greater than0.050.010
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Ascendas Real Estate Investment based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.996
Ma 20Greater thanMa 502.731
Ma 50Greater thanMa 1002.774
Ma 100Greater thanMa 2002.756
OpenGreater thanClose2.660
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Tax Provision  20,67716,48137,15849,31486,472-2,08184,391-90,713-6,322



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in SGD. All numbers in thousands.

Summary
Total Assets18,269,781
Total Liabilities8,049,510
Total Stockholder Equity10,220,271
 As reported
Total Liabilities 8,049,510
Total Stockholder Equity+ 10,220,271
Total Assets = 18,269,781

Assets

Total Assets18,269,781
Total Current Assets377,195
Long-term Assets17,892,586
Total Current Assets
Cash And Cash Equivalents 221,579
Net Receivables 88,345
Inventory 62,432
Total Current Assets  (as reported)377,195
Total Current Assets  (calculated)372,356
+/- 4,839
Long-term Assets
Property Plant Equipment 646,322
Long-term Assets  (as reported)17,892,586
Long-term Assets  (calculated)646,322
+/- 17,246,264

Liabilities & Shareholders' Equity

Total Current Liabilities1,603,210
Long-term Liabilities6,446,300
Total Stockholder Equity10,220,271
Total Current Liabilities
Short Long Term Debt 1,053,546
Accounts payable 423,543
Other Current Liabilities 73,820
Total Current Liabilities  (as reported)1,603,210
Total Current Liabilities  (calculated)1,550,909
+/- 52,301
Long-term Liabilities
Long term Debt 5,467,336
Capital Lease Obligations Min Short Term Debt646,322
Long-term Liabilities Other 143,422
Long-term Liabilities  (as reported)6,446,300
Long-term Liabilities  (calculated)6,257,080
+/- 189,220
Total Stockholder Equity
Total Stockholder Equity (as reported)10,220,271
Total Stockholder Equity (calculated)0
+/- 10,220,271
Other
Capital Stock9,921,333
Common Stock Shares Outstanding 4,393,607
Net Debt 6,299,303
Net Invested Capital 16,741,153
Net Working Capital -1,226,015
Property Plant and Equipment Gross 646,322



Balance Sheet

Currency in SGD. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-31
> Total Assets 
636,369
1,020,712
2,114,392
2,807,495
3,307,084
4,205,151
4,547,558
4,854,436
5,419,824
6,564,374
6,959,027
7,357,493
8,160,330
9,870,235
10,170,818
10,353,793
11,413,823
13,864,135
15,123,219
17,730,491
17,875,989
18,269,781
18,269,78117,875,98917,730,49115,123,21913,864,13511,413,82310,353,79310,170,8189,870,2358,160,3307,357,4936,959,0276,564,3745,419,8244,854,4364,547,5584,205,1513,307,0842,807,4952,114,3921,020,712636,369
   > Total Current Assets 
28,829
24,281
37,499
46,238
21,810
25,426
38,965
33,284
38,023
59,743
104,831
144,343
157,456
181,146
99,757
76,857
96,089
251,272
352,927
455,621
362,554
377,195
377,195362,554455,621352,927251,27296,08976,85799,757181,146157,456144,343104,83159,74338,02333,28438,96525,42621,81046,23837,49924,28128,829
       Cash And Cash Equivalents 
27,558
3,938
5,164
4,389
4,809
5,425
16,940
8,666
8,067
19,589
19,525
65,928
41,590
56,236
22,000
25,016
52,341
95,705
277,979
368,549
217,018
221,579
221,579217,018368,549277,97995,70552,34125,01622,00056,23641,59065,92819,52519,5898,0678,66616,9405,4254,8094,3895,1643,93827,558
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,449
1,395
1,359
1,443
522
0
0
005221,4431,3591,3951,449000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
38,881
53,095
5,200
34,728
22,863
26,887
28,677
39,982
35,202
21,628
88,345
88,34521,62835,20239,98228,67726,88722,86334,7285,20053,09538,88100000000000
       Other Current Assets 
1,271
20,343
32,335
41,849
17,001
20,001
22,025
24,618
29,956
40,154
85,306
78,415
115,866
124,910
77,757
51,841
43,748
128,249
74,948
24,764
49,333
0
049,33324,76474,948128,24943,74851,84177,757124,910115,86678,41585,30640,15429,95624,61822,02520,00117,00141,84932,33520,3431,271
   > Long-term Assets 
607,540
996,431
2,076,893
2,761,257
3,285,274
4,179,725
4,508,593
4,821,152
5,381,801
6,504,631
6,854,196
7,213,150
8,002,874
9,689,089
10,071,061
10,276,936
11,317,734
0
14,770,292
17,274,870
17,513,435
17,892,586
17,892,58617,513,43517,274,87014,770,292011,317,73410,276,93610,071,0619,689,0898,002,8747,213,1506,854,1966,504,6315,381,8014,821,1524,508,5934,179,7253,285,2742,761,2572,076,893996,431607,540
       Property Plant Equipment 
0
0
0
2,363
7,214
6,113
81,355
3,911
2,810
1,760
992
418
260
68
9,999,266
10,214,441
11,235,532
13,543,488
609,956
604,646
647,307
646,322
646,322647,307604,646609,95613,543,48811,235,53210,214,4419,999,266682604189921,7602,8103,91181,3556,1137,2142,363000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
194,574
0
44
126
123
102
0
0
0
0
0
00000102123126440194,57400000000000
       Long-term Assets Other 
607,540
996,431
2,076,893
2,758,894
3,278,060
4,173,612
4,427,238
4,817,241
5,378,991
6,502,871
6,853,204
7,212,732
8,002,614
9,689,021
10,071,061
10,276,936
11,317,734
0
14,158,852
0
0
0
00014,158,852011,317,73410,276,93610,071,0619,689,0218,002,6147,212,7326,853,2046,502,8715,378,9914,817,2414,427,2384,173,6123,278,0602,758,8942,076,893996,431607,540
> Total Liabilities 
138,209
329,062
688,932
1,099,124
1,337,119
1,767,192
1,844,519
1,907,462
2,128,158
2,648,994
2,297,878
2,508,927
3,146,740
4,084,914
3,835,698
3,855,097
4,467,830
5,752,897
5,932,666
7,453,323
7,609,367
8,049,510
8,049,5107,609,3677,453,3235,932,6665,752,8974,467,8303,855,0973,835,6984,084,9143,146,7402,508,9272,297,8782,648,9942,128,1581,907,4621,844,5191,767,1921,337,1191,099,124688,932329,062138,209
   > Total Current Liabilities 
13,209
39,212
65,602
129,283
153,608
207,332
1,037,004
584,113
671,627
753,718
440,633
1,106,543
506,825
1,395,562
1,122,002
1,103,501
824,967
978,966
843,066
1,771,326
1,301,852
1,603,210
1,603,2101,301,8521,771,326843,066978,966824,9671,103,5011,122,0021,395,562506,8251,106,543440,633753,718671,627584,1131,037,004207,332153,608129,28365,60239,21213,209
       Short-term Debt 
0
0
0
0
0
0
845,327
251,754
499,863
575,490
234,675
604,776
285,525
826,080
824,186
909,943
611,908
215,082
457,861
626,708
0
0
00626,708457,861215,082611,908909,943824,186826,080285,525604,776234,675575,490499,863251,754845,327000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
2,269,822
16,816
578,942
824,186
909,943
611,908
5,229,287
420,639
1,250,821
833,031
1,053,546
1,053,546833,0311,250,821420,6395,229,287611,908909,943824,186578,94216,8162,269,82200000000000
       Accounts payable 
0
0
0
0
0
0
139,696
0
99,078
101,436
44,402
30,574
188,548
171,971
28,464
13,587
13,738
15,787
26,088
26,913
344,456
423,543
423,543344,45626,91326,08815,78713,73813,58728,464171,971188,54830,57444,402101,43699,0780139,696000000
       Other Current Liabilities 
13,209
39,212
65,602
129,283
153,608
207,332
51,981
332,359
72,686
76,792
161,556
471,193
32,752
397,511
269,352
179,971
199,321
175,022
359,117
210,841
84,668
73,820
73,82084,668210,841359,117175,022199,321179,971269,352397,51132,752471,193161,55676,79272,686332,35951,981207,332153,608129,28365,60239,21213,209
   > Long-term Liabilities 
125,000
289,850
623,330
969,841
1,183,511
1,559,860
807,515
1,323,349
1,456,531
1,895,276
1,857,245
1,402,384
2,639,915
2,689,352
2,713,696
2,751,596
3,642,863
0
5,089,600
5,681,997
6,307,515
6,446,300
6,446,3006,307,5155,681,9975,089,60003,642,8632,751,5962,713,6962,689,3522,639,9151,402,3841,857,2451,895,2761,456,5311,323,349807,5151,559,8601,183,511969,841623,330289,850125,000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
2,484,498
2,575,880
2,609,277
3,485,883
4,614,901
4,834,059
5,401,517
0
0
005,401,5174,834,0594,614,9013,485,8832,609,2772,575,8802,484,4980000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
81,110
110,232
204,854
137,816
142,319
156,980
159,030
255,541
280,394
390,856
0
0390,856280,394255,541159,030156,980142,319137,816204,854110,23281,11000000000000
> Total Stockholder Equity
498,160
691,650
1,425,460
1,708,371
1,969,965
2,437,959
2,703,039
2,946,974
3,291,666
3,915,380
4,661,149
4,848,566
5,013,551
5,785,300
6,335,092
6,498,692
6,945,993
8,111,238
9,190,553
10,277,168
10,266,622
10,220,271
10,220,27110,266,62210,277,1689,190,5538,111,2386,945,9936,498,6926,335,0925,785,3005,013,5514,848,5664,661,1493,915,3803,291,6662,946,9742,703,0392,437,9591,969,9651,708,3711,425,460691,650498,160
   Common Stock
478,896
666,691
0
0
0
0
0
0
0
0
4,661,149
4,848,566
5,013,551
5,480,879
6,030,710
6,194,310
6,641,611
7,810,370
8,891,615
9,978,230
9,967,684
0
09,967,6849,978,2308,891,6157,810,3706,641,6116,194,3106,030,7105,480,8795,013,5514,848,5664,661,14900000000666,691478,896
   Retained Earnings 
14,290
17,621
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000017,62114,290
   Capital Surplus 0000000000000000000000
   Treasury Stock0000000000000000000000
   Other Stockholders Equity 
4,974
7,338
0
0
0
0
0
0
0
0
0
0
0
304,421
304,382
304,382
304,382
300,868
298,938
298,938
298,938
0
0298,938298,938298,938300,868304,382304,382304,382304,421000000000007,3384,974



Balance Sheet

Currency in SGD. All numbers in thousands.




Cash Flow

Currency in SGD. All numbers in thousands.




Income Statement

Currency in SGD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,479,778
Cost of Revenue-456,627
Gross Profit1,023,1511,023,151
 
Operating Income (+$)
Gross Profit1,023,151
Operating Expense-559,398
Operating Income920,380463,753
 
Operating Expense (+$)
Research Development0
Selling General Administrative102,771
Selling And Marketing Expenses0
Operating Expense559,398102,771
 
Net Interest Income (+$)
Interest Income0
Interest Expense-250,407
Other Finance Cost-6,258
Net Interest Income-256,665
 
Pretax Income (+$)
Operating Income920,380
Net Interest Income-256,665
Other Non-Operating Income Expenses0
Income Before Tax (EBT)172,156920,380
EBIT - interestExpense = -250,407
178,478
428,885
Interest Expense250,407
Earnings Before Interest and Taxes (EBIT)0422,563
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax172,156
Tax Provision--6,322
Net Income From Continuing Ops178,478178,478
Net Income178,478
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0256,665
 

Technical Analysis of Ascendas Real Estate Investment
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ascendas Real Estate Investment. The general trend of Ascendas Real Estate Investment is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ascendas Real Estate Investment's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Ascendas Real Estate Investment.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 2.69 < 2.69 < 2.82.

The bearish price targets are: 2.65 > 2.5895940520446 > 2.5895940520446.

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Ascendas Real Estate Investment Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Ascendas Real Estate Investment. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Ascendas Real Estate Investment Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Ascendas Real Estate Investment. The current macd is -0.0259079.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ascendas Real Estate Investment price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ascendas Real Estate Investment. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ascendas Real Estate Investment price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Ascendas Real Estate Investment Daily Moving Average Convergence/Divergence (MACD) ChartAscendas Real Estate Investment Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Ascendas Real Estate Investment. The current adx is 11.77.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Ascendas Real Estate Investment shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Ascendas Real Estate Investment Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Ascendas Real Estate Investment. The current sar is 2.78563262.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Ascendas Real Estate Investment Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Ascendas Real Estate Investment. The current rsi is 35.00. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Ascendas Real Estate Investment Daily Relative Strength Index (RSI) ChartAscendas Real Estate Investment Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Ascendas Real Estate Investment. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ascendas Real Estate Investment price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Ascendas Real Estate Investment Daily Stochastic Oscillator ChartAscendas Real Estate Investment Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Ascendas Real Estate Investment. The current cci is -167.87732042.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Ascendas Real Estate Investment Daily Commodity Channel Index (CCI) ChartAscendas Real Estate Investment Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Ascendas Real Estate Investment. The current cmo is -44.42998169.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Ascendas Real Estate Investment Daily Chande Momentum Oscillator (CMO) ChartAscendas Real Estate Investment Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Ascendas Real Estate Investment. The current willr is -92.30769231.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Ascendas Real Estate Investment Daily Williams %R ChartAscendas Real Estate Investment Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Ascendas Real Estate Investment.

Ascendas Real Estate Investment Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Ascendas Real Estate Investment. The current atr is 0.05118864.

Ascendas Real Estate Investment Daily Average True Range (ATR) ChartAscendas Real Estate Investment Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Ascendas Real Estate Investment. The current obv is -99,476,291.

Ascendas Real Estate Investment Daily On-Balance Volume (OBV) ChartAscendas Real Estate Investment Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Ascendas Real Estate Investment. The current mfi is 17.20.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Ascendas Real Estate Investment Daily Money Flow Index (MFI) ChartAscendas Real Estate Investment Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ascendas Real Estate Investment.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-03BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-30MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Ascendas Real Estate Investment Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ascendas Real Estate Investment based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.996
Ma 20Greater thanMa 502.731
Ma 50Greater thanMa 1002.774
Ma 100Greater thanMa 2002.756
OpenGreater thanClose2.660
Total2/5 (40.0%)
Penke

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