Astronics Stock Alpha and Beta Analysis


USD 10.45  0.43  3.95%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Astronics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Astronics over a specified time horizon. Remember, high Astronics' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to Astronics Backtesting, Astronics Valuation, Astronics Correlation, Astronics Hype Analysis, Astronics Volatility, Astronics History and analyze Astronics Performance.
Please note that although Astronics alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Astronics did 0.37  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Astronics stock's relative risk over its benchmark. Astronics has a beta of 1.56  . 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.
Astronics Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 9.05. Enterprise Value over EBITDA is expected to rise to 42.39 this year, although Enterprise Value over EBIT will most likely fall to (27.71) .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

831.7 Million

Astronics Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Astronics market risk premium is the additional return an investor will receive from holding Astronics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Astronics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Astronics' performance over market.
α0.37   β1.56
90 days against NYA

Astronics expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Astronics' Buy-and-hold return. Our buy-and-hold chart shows how Astronics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Astronics Market Price Analysis

Market price analysis 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 understating and applying Astronics stock market price indicators, traders can identify Astronics position entry and exit signals to maximize returns.

Astronics Return and Market Media

The median price of Astronics for the period between Sun, Sep 11, 2022 and Sat, Dec 10, 2022 is 8.37 with a coefficient of variation of 7.68. The daily time series for the period is distributed with a sample standard deviation of 0.66, arithmetic mean of 8.56, and mean deviation of 0.49. The Stock received some media coverage during the period.
 Price Growth (%)  
Astronics exotic insider transaction detected09/19/2022
EPS Estimate09/30/2022
EPS Reported11/15/2022
Dow Drops 100 Points US Trade Deficit Widens In October - Az...12/06/2022

About Astronics Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Astronics or other stocks. Alpha measures the amount that position in Astronics has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2018 2019 2022 (projected)
Long Term Debt to Equity0.60.480.58
Interest Coverage6.560.280.33

Astronics Upcoming Company Events

As portrayed in its financial statements, the presentation of Astronics' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Astronics' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Astronics' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Astronics. Please utilize our Beneish M Score to check the likelihood of Astronics' management manipulating its earnings.
Upcoming Quarterly Report22nd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Astronics

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please continue to Astronics Backtesting, Astronics Valuation, Astronics Correlation, Astronics Hype Analysis, Astronics Volatility, Astronics History and analyze Astronics Performance. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Astronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Astronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Astronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...