Astronics Stock Probability of Future Stock Price Finishing Over 10.40

ATRO
 Stock
  

USD 10.40  1.40  15.56%   

Astronics' future price is the expected price of Astronics instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Astronics performance during a given time horizon utilizing its historical volatility. Astronics Price to Book Value is quite stable at the moment as compared to the past year. The company's current Price to Book Value is estimated at 2.11. Price to Sales Ratio is expected to rise to 1.08 this year, although the value of Price to Earnings Ratio will most likely fall to (15.02) .
  
Astronics' implied volatility is one of the determining factors in the pricing options written on Astronics. Implied volatility approximates the future value of Astronics based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Astronics over a specific time period. For example, 2022-12-16 CALL at $10.0 is a CALL option contract on Astronics' common stock with a strick price of 10.0 expiring on 2022-12-16. The contract was last traded on 2022-12-06 at 15:19:10 for $0.76 and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $0.45, and an ask price of $1.05. The implied volatility as of the 7th of December is 83.1078. View All Astronics options

Closest to current price Astronics long CALL Option Payoff at Expiration

Please continue to Astronics Backtesting, Astronics Valuation, Astronics Correlation, Astronics Hype Analysis, Astronics Volatility, Astronics History as well as Astronics Performance. Please specify Astronics time horizon, a valid symbol (red box) and a target price (blue box) you would like Astronics odds to be computed.

Astronics Target Price Odds to finish over 10.40

The tendency of Astronics Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 10.40 90 days 10.40 
near 1
Based on a normal probability distribution, the odds of Astronics to move above the current price in 90 days from now is near 1 (This Astronics probability density function shows the probability of Astronics Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.54 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Astronics will likely underperform. Additionally The company has an alpha of 0.2636, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Astronics Price Density   
       Price  

Predictive Modules for Astronics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Astronics. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Astronics' 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. Please use the tools below to analyze the current value of Astronics in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5.8910.7615.63
Details
Intrinsic
Valuation
LowReal ValueHigh
8.0312.9017.77
Details
Naive
Forecast
LowNext ValueHigh
5.9210.7915.66
Details
2 Analysts
Consensus
LowTarget PriceHigh
14.0016.5019.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Astronics. Your research has to be compared to or analyzed against Astronics' peers to derive any actionable benefits. When done correctly, Astronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Astronics.

Astronics Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Astronics is not an exception. The market had few large corrections towards the Astronics' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Astronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Astronics within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.26
β
Beta against NYSE Composite1.54
σ
Overall volatility
0.53
Ir
Information ratio 0.06

Astronics Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Astronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Astronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Astronics has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 444.91 M. Net Loss for the year was (25.58 M) with profit before overhead, payroll, taxes, and interest of 54.9 M.
Astronics currently holds about 10.68 M in cash with (5.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
Astronics has a poor financial position based on the latest SEC disclosures
Roughly 72.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Dow Drops 100 Points US Trade Deficit Widens In October - Azure Power Global , Astronics NAS - Benzinga

Astronics Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Astronics Stock often depends not only on the future outlook of the current and potential Astronics' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Astronics' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding31192683.00
Cash And Short Term Investments29757000.00

Astronics Technical Analysis

Astronics' future price can be derived by breaking down and analyzing its technical indicators over time. Astronics Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Astronics. In general, you should focus on analyzing Astronics Stock price patterns and their correlations with different microeconomic environments and drivers.

Astronics Predictive Forecast Models

Astronics time-series forecasting models is one of many Astronics' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Astronics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Astronics

Checking the ongoing alerts about Astronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Astronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Astronics has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 444.91 M. Net Loss for the year was (25.58 M) with profit before overhead, payroll, taxes, and interest of 54.9 M.
Astronics currently holds about 10.68 M in cash with (5.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
Astronics has a poor financial position based on the latest SEC disclosures
Roughly 72.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Dow Drops 100 Points US Trade Deficit Widens In October - Azure Power Global , Astronics NAS - Benzinga
Please continue to Astronics Backtesting, Astronics Valuation, Astronics Correlation, Astronics Hype Analysis, Astronics Volatility, Astronics History as well as Astronics Performance. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for analysis

When running Astronics price analysis, check to measure Astronics' 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 Astronics is operating at the current time. Most of Astronics' value examination focuses on studying past and present price action to predict the probability of Astronics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astronics' price. Additionally, you may evaluate how the addition of Astronics to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
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
286.7 M
Quarterly Revenue Growth YOY
0.175
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.