Astra Stock Performance

ASTR
 Stock
  

USD 0.50  0.03  5.66%   

The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. Let's try to break down what Astra's beta means in this case. the returns on MARKET and Astra Space are completely uncorrelated. Although it is important to respect Astra Space historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Astra Space technical indicators, you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Astra Space right now shows a risk of 0.0%. Please confirm Astra Space jensen alpha, potential upside, as well as the relationship between the Potential Upside and accumulation distribution to decide if Astra Space will be following its price patterns.
  
Astra Performance
0 of 100
Over the last 90 days Astra Space has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Astra Space is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
Begin Period Cash Flow325007000.00
Total Cashflows From Investing Activities-61059000.00

Astra Space Relative Risk vs. Return Landscape

If you would invest  0.00  in Astra Space on September 6, 2022 and sell it today you would earn a total of  0.00  from holding Astra Space or generate 0.0% return on investment over 90 days. Astra Space is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Astra, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  

Astra Space Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Astra Space's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Astra Space, and traders can use it to determine the average amount a Astra Space's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
ASTR
Based on monthly moving average Astra Space is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Astra Space by adding it to a well-diversified portfolio.

About Astra Space Performance

To evaluate Astra Space Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Astra Space generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Astra Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Astra Space market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Astra's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Astra Space, Inc., a space launch company, designs, tests, manufactures, and operates launch services, and space products and services. The company was founded in 2016 and is headquartered in Alameda, California. Astra Space operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 324 people.

Things to note about Astra Space

Checking the ongoing alerts about Astra Space for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Astra Space help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Astra Space Alerts

Equity Alerts and Improvement Suggestions

Astra Space is not yet fully synchronised with the market data
Astra Space has some characteristics of a very speculative penny stock
Net Loss for the year was (1.27 B) with profit before overhead, payroll, taxes, and interest of 0.
Astra Space currently holds about 200.68 M in cash with (114.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Please continue to Trending Equities. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Other Tools for Astra Stock

When running Astra Space price analysis, check to measure Astra Space'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 Astra Space is operating at the current time. Most of Astra Space's value examination focuses on studying past and present price action to predict the probability of Astra Space's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astra Space's price. Additionally, you may evaluate how the addition of Astra Space to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
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
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Go