Astronics Stock Forecast - Daily Balance Of Power

ATRO
 Stock
  

USD 9.13  0.46  5.31%   

Astronics Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Astronics historical stock prices and determine the direction of Astronics's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Astronics historical fundamentals such as revenue growth or operating cash flow patterns. Although Astronics naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Astronics systematic risk associated with finding meaningful patterns of Astronics fundamentals over time.
Please continue to Historical Fundamental Analysis of Astronics to cross-verify your projections.
  
PPandE Turnover is expected to rise to 5.64 this year. Receivables Turnover is expected to rise to 5.82 this year. Issuance Purchase of Equity Shares is expected to rise to about 3.7 M this year, although the value of Weighted Average Shares will most likely fall to about 29.4 M.

Open Interest Agains t 2022-12-16 Astronics Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Astronics' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Astronics' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Astronics stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Astronics' open interest, investors have to compare it to Astronics' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Astronics is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Astronics. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Astronics has current Daily Balance Of Power of 0.5111.
Most investors in Astronics cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Astronics' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Astronics' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Astronics market sensitivity to bulls and bears. It estimates the ability of Astronics buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Astronics Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.93940.5111
Check Astronics VolatilityBacktest AstronicsInformation Ratio  

Astronics Trading Date Momentum

On December 03 2022 Astronics was traded for  9.13  at the closing time. The top price for the day was 9.15  and the lowest listed price was  8.25 . The trading volume for the day was 106.6 K. The trading history from December 3, 2022 did not affect price variability. The overall trading delta against the current closing price is 6.79% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Astronics to competition

Other Forecasting Options for Astronics

For every potential investor in Astronics, whether a beginner or expert, Astronics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Astronics Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Astronics. Basic forecasting techniques help filter out the noise by identifying Astronics' price trends.

Astronics Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Astronics stock to make a market-neutral strategy. Peer analysis of Astronics could also be used in its relative valuation, which is a method of valuing Astronics by comparing valuation metrics with similar companies.
Elbit SystemsAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USABetaPro Canadian GoldAramark HoldingsVanguard Long-TermSeagate Technology PLCVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

Astronics Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Astronics' price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Astronics' current price.

Astronics Market Strength Events

Market strength indicators help investors to evaluate how Astronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Astronics shares will generate the highest return on investment. By undertsting and applying Astronics stock market strength indicators, traders can identify Astronics entry and exit signals to maximize returns.

Astronics Risk Indicators

The analysis of Astronics' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Astronics' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Astronics stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 Astronics 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, Astronics' short interest history, or implied volatility extrapolated from Astronics options trading.

Pair Trading with Astronics

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 Astronics 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 Astronics will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Astronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astronics 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 Astronics - 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 Astronics to buy it.
The correlation of Astronics is a statistical measure of how it moves in relation to other equities. 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 Astronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astronics 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 Astronics 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
Please continue to Historical Fundamental Analysis of Astronics to cross-verify your projections. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Astronics' industry 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 Astronics. If investors know Astronics 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 Astronics 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 YOY
(0.93) 
Market Capitalization
278.7 M
Quarterly Revenue Growth YOY
0.18
Return On Assets
(0.0441) 
Return On Equity
(0.11) 
The market value of Astronics is measured differently than its book value, which is the value of Astronics that is recorded on the company's balance sheet. Investors also form their own opinion of Astronics' value that differs from its market value or its book value, called intrinsic value, which is Astronics' 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 Astronics' market value can be influenced by many factors that don't directly affect Astronics' 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 Astronics' value and its price as these two are different measures arrived at by different means. Investors typically determine Astronics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astronics' 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.