Astra Net Income Common Stock Trend from 2010 to 2022

ASTR
 Stock
  

USD 1.24  0.06  4.62%   

Astra Space Net Income Common Stock yearly trend continues to be relatively stable with very little volatility. Net Income Common Stock is likely to drop to -1,302,916,105. .
  
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Check Astra Space financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Astra main balance sheet or income statement drivers, such as Interest Expense of 1.2 M, Operating Expenses of 110.8 M or Preferred Dividends Income Statement Impact of 905.2 M, as well as many exotic indicators such as Book Value per Share of 2.9, Current Ratio of 9.19 or Debt to Equity Ratio of 0.15. Astra financial statements analysis is a perfect complement when working with Astra Space Valuation or Volatility modules. It can also supplement various Astra Space Technical models. Please continue to the analysis of Astra Space Correlation against competitors.

Astra Net Income Common Stock Breakdown

Showing smoothed Net Income Common Stock of Astra Space with missing and latest data points interpolated. The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends Income Statement Impact.Astra Space's Net Income Common Stock historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Astra Space's overall financial position and show how it may be relating to other accounts over time.
Net Income Common Stock10 Years Trend
Decreasing
Slightly volatile
 Net Income Common Stock 
Share
      Timeline 

Astra Net Income Common Stock Regression Statistics

Arithmetic Mean(244,039,008)
Coefficient Of Variation(189.56)
Mean Deviation 320,668,629
Median(53,179,000)
Standard Deviation 462,598,588
Range 1,249,737,105
R-Value(0.63)
R-Squared 0.40
Significance 0.020755
Slope(74,947,932)

Astra Net Income Common Stock History

2020-68.3 M
2021-1.3 B
2022-1.3 B

Other Fundumenentals of Astra Space

Astra Space Net Income Common Stock component correlations

About Astra Space Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Astra Space income statement, its balance sheet, and the statement of cash flows. Astra Space investors use historical funamental indicators, such as Astra Space's Net Income Common Stock, to determine how well the company is positioned to perform in the future. Although Astra Space investors may use each financial statement separately, they are all related. The changes in Astra Space's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Astra Space's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Astra Space Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Astra Space. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Net Income Common Stock-1.3 B-1.3 B
Astra Space, Inc. designs, tests, manufactures, launches, and operates space products and services. The company was incorporated 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.

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Our tools can tell you how much better you can do entering a position in Astra Space without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Astra Space

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 Astra Space 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 Astra Space will appreciate offsetting losses from the drop in the long position's value.

Astra Space Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Astra Space could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astra Space 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 Astra Space - 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 Astra Space to buy it.
The correlation of Astra Space 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 Astra Space moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astra Space 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 Astra Space 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 the analysis of Astra Space Correlation against competitors. Note that the Astra Space information on this page should be used as a complementary analysis to other Astra Space's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Is Astra Space's 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 Astra Space. If investors know Astra 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 Astra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
327.5 M
Return On Assets
-0.51
Return On Equity
-0.92
The market value of Astra Space is measured differently than its book value, which is the value of Astra that is recorded on the company's balance sheet. Investors also form their own opinion of Astra Space's value that differs from its market value or its book value, called intrinsic value, which is Astra Space's 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 Astra Space's market value can be influenced by many factors that don't directly affect Astra Space's 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 Astra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine Astra Space value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astra Space's 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.