Aggregate Stock Merit (ASM)
In plant breeding, the Aggregate Genetic Merit represents the intrinsic quality of a genotype based on stable, heritable traits.
This translates to investing as Aggregate Stock Merit (ASM), measuring the intrinsic, long-term quality of a stock.
Core Formula
ASMs = Σ aᵢ · gs,i
Meaning of Terms
- ASMs – Aggregate Stock Merit
- gs,i – Long-term “genetic” strength
- aᵢ – Economic importance of factor i
- k – Number of quality factors
Interactive ASM Calculator
| Factor (i) | gs,i – Long-Term Strength | aᵢ – Economic Importance |
|---|
Interpretation:
Higher ASM values indicate fundamentally superior stocks, suitable for long-term holding.
Higher ASM values indicate fundamentally superior stocks, suitable for long-term holding.
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Stock Market Calculators
