Astra Stock Buy Hold or Sell Recommendation

ASTR -  USA Stock  

USD 2.35  0.09  3.69%

Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Astra Space is 'Strong Buy'. Macroaxis provides Astra Space buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASTR positions. The advice algorithm takes into account all of Astra Space's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Astra Space's buy-and-hold perspective. Please continue to Astra Space Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Astra and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Astra Space.

Execute Astra Space Buy or Sell Advice

The Astra recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Astra Space. Macroaxis does not own or have any residual interests in Astra Space or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Astra Space's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Astra SpaceBuy Astra Space
Strong Buy

Volatility

UnstableDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

LowDetails

Economic Sensitivity

Actively responds to the marketDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

FrailDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Astra Space has a Risk Adjusted Performance of (0.07), Jensen Alpha of (0.20), Total Risk Alpha of (0.042076) and Treynor Ratio of (0.19)
We provide trade advice to complement the prevailing expert consensus on Astra Space. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Astra Space is not overpriced, please confirm all Astra Space fundamentals, including its price to book, debt to equity, as well as the relationship between the Debt to Equity and price to earnings to growth . Please also double-check Astra Space shares owned by institutions to validate your buy or sell decision is consistent with all fundamental data available and that the company can sustain itself in the current economic cycle.

Astra Space Trading Alerts and Improvement Suggestions

Astra Space generated a negative expected return over the last 90 days
Astra Space has high historical volatility and very poor performance
Net Loss for the year was (1.27 B).
Astra Space currently holds about 325.01 M in cash with (114.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23.
Astra Space has a frail financial position based on the latest SEC disclosures
Roughly 17.0% of the company shares are held by company insiders
Latest headline from MacroaxisInsider: Payment of 41751 shares by Lyon Benjamin of Astra Space subject to Rule 16b-3

Astra Space current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Astra analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Astra analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price5.00
Target Median Price5.00
Target High Price6.00
Recommendation Mean3.00
Number Of Analyst Opinions2
Target Low Price4.00
Average Consensus Hold
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Astra Space Returns Distribution Density

The distribution of Astra Space's historical returns is an attempt to chart the future uncertainty of Astra Space's future price movements. The chart of the probability distribution of Astra Space stock daily returns describes the distribution of returns around its average expected value. We use Astra Space price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Astra Space returns is essential to provide solid investment advice for Astra Space stock.
Mean Return-0.3Value At Risk-6.76
Potential Upside10.10Standard Deviation5.23
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Astra Space historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Astra Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Astra Space is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Astra Space backward and forwards among themselves. Astra Space's institutional investor refers to the entity that pools money to purchase Astra Space's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Acme LlcCommon Shares29.5 M113.7 M
State Street CorpCommon Shares17.4 M67.3 M
Canaan Partners X LlcCommon SharesM26.9 M
Vanguard Group IncCommon SharesM19.3 M
Blackrock IncCommon Shares3.4 M13.2 M
Light Street Capital Management LlcCommon Shares3.3 M12.9 M
Mckinley Capital Management LlcCommon Shares3.3 M12.6 M
Group One Trading LpCall Options479.9 K1.9 M
Note, although Astra Space's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Astra Space Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Astra Space or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Astra Space stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Astra stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.2
β
Beta against DOW1.62
σ
Overall volatility
5.14
Ir
Information ratio -0.05

Astra Space Volatility Alert

Astra Space exhibits very low volatility with skewness of 0.51 and kurtosis of 0.32. However, we advise investors to further study Astra Space technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Astra Space's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Astra Space's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Astra Space Implied Volatility

Astra Space's implied volatility exposes the market's sentiment of Astra Space stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Astra Space's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Astra Space stock will not fluctuate a lot when Astra Space's options are near their expiration.

Astra Space Fundamentals Vs Peers

Comparing Astra Space's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Astra Space's direct or indirect competition across all of the common fundamentals between Astra Space and the related equities. This way, we can detect undervalued stocks with similar characteristics as Astra Space or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Astra Space's fundamental indicators could also be used in its relative valuation, which is a method of valuing Astra Space by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Astra Space to competition
FundamentalsAstra SpacePeer Average
Return On Equity(127.32) %(0.31) %
Return On Asset(36.28) %(0.14) %
Current Valuation529.14 M16.62 B
Shares Outstanding202.08 M571.82 M
Shares Owned by Insiders17.07 %10.09 %
Shares Owned by Institutions43.48 %39.21 %
Number of Shares Shorted21.08 M4.71 M
Price to Book1.54 X9.51 X
EBITDA(149.93 M)3.9 B
Net Income(1.27 B)570.98 M
Cash and Equivalents325.01 M2.7 B
Cash per Share1.23 X5.01 X
Total Debt8.88 M5.32 B
Debt to Equity0.02 %48.70 %
Current Ratio8.51 X2.16 X
Book Value Per Share1.69 X1.93 K
Cash Flow from Operations(114.36 M)971.22 M
Short Ratio6.64 X4.00 X
Earnings Per Share(9.05) X3.12 X
Price to Earnings To Growth0.10 X4.89 X
Number of Employees32418.84 K
Market Capitalization674.2 M19.03 B
Z Score45.08.72
   Payment of 41751 shares by Lyon Benjamin of Astra Space subject to Rule 16b-3 [view details]

Astra Space Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Astra . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution138506.0
Daily Balance Of Power(0.60)
Rate Of Daily Change0.96
Day Median Price2.41
Day Typical Price2.39
Price Action Indicator(0.10)

About Astra Space Buy or Sell Advice

When is the right time to buy or sell Astra Space? Buying financial instruments such as Astra Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Astra Space investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2010 2020 2021 2022 (projected)
Current Assets11.28 M11.74 M346.74 M374.11 M
Total Assets37.64 M35.89 M499.02 M538.42 M

Use Investing Ideas to Build Portfolios

In addition to having Astra Space in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Convertibles Thematic Idea Now

Convertibles
Convertibles Theme
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles theme has 40 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Convertibles Theme or any other thematic opportunities.
View All  Next Launch Convertibles
Please continue to Astra Space Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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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.
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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.
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.