Astronics Stock Performance

ATRO
 Stock
  

USD 9.13  0.46  5.31%   

Astronics has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.69, which signifies a somewhat significant risk relative to the market. Let's try to break down what Astronics's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Astronics will likely underperform. Although it is important to respect Astronics 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 Astronics technical indicators, you can presently evaluate if the expected return of 0.19% will be sustainable into the future. Astronics right now shows a risk of 4.44%. Please confirm Astronics value at risk, as well as the relationship between the skewness and day median price to decide if Astronics will be following its price patterns.
  
Astronics Performance
3 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Astronics are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite quite uncertain basic indicators, Astronics may actually be approaching a critical reversion point that can send shares even higher in January 2023. ...more

Structure and Payout Changes

Last Split Factor
1182:1000
Ex Dividend Date
1994-01-25
Last Split Date
2018-10-11

Astronics Price Channel

Begin Period Cash Flow40412000.00
DescriptionAstronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, So
Total Cashflows From Investing Activities3179000.00

Astronics Relative Risk vs. Return Landscape

If you would invest  860.00  in Astronics on September 5, 2022 and sell it today you would earn a total of  53.00  from holding Astronics or generate 6.16% return on investment over 90 days. Astronics is currently generating 0.1911% in daily expected returns and assumes 4.4356% risk (volatility on return distribution) over the 90 days horizon. In different words, 38% of stocks are less volatile than Astronics, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Astronics is expected to generate 0.35 times more return on investment than the market. However, the company is 2.82 times less risky than the market. It trades about 0.04 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.11 per unit of risk.

Astronics Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Astronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Astronics, and traders can use it to determine the average amount a Astronics' 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 = 0.0431

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Estimated Market Risk
 4.44
  actual daily
 
 38 %
of total potential
 
3838
Expected Return
 0.19
  actual daily
 
 3 %
of total potential
 
33
Risk-Adjusted Return
 0.04
  actual daily
 
 3 %
of total potential
 
33
Based on monthly moving average Astronics is performing at about 3% 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 Astronics by adding it to a well-diversified portfolio.

About Astronics Performance

To evaluate Astronics 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 Astronics 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 Astronics 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 Astronics market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Astronics'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.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-799 K-820 K
Return on Investment(7.81) (8.01) 
Return on Average Assets(4.16) (4.27) 
Return on Average Equity(9.71) (9.96) 
Return on Invested Capital(0.04) (0.0411) 
Return on Sales(0.045) (0.0462) 

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. 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 Alerts

Equity Alerts and Improvement Suggestions

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
Please continue to Trending Equities. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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.
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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
293.5 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.