Astra Competitors

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Astra Space's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Astra Space in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.132.567.70
Details
Intrinsic
Valuation
LowReal ValueHigh
0.234.629.76
Details
Naive
Forecast
LowNext ValueHigh
0.0487382.447.58
Details
2 Analysts
Consensus
LowTarget PriceHigh
9.0011.0013.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Astra Space. Your research has to be compared to or analyzed against Astra Space's peers to derive any actionable benefits. When done correctly, Astra Space's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Astra Space.

Astra Space Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Astra Space and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Astra and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Astra Space does not affect the price movement of the other competitor.
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Astra Space Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Astra Space stock performing well and Astra Space company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Astra Space's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
AAIIQ 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
ACHR 4.70  0.49  0.09  0.21  4.68  0.07 (5.91)  14.43 (8.20)  34.04 
ADGI1 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
AERG 3.35  0.27  0.07  0.75  4.20  0.07 (3.72)  6.28 (8.02)  28.77 
AHNCQ 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
AIM1 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
AIR 1.55  0.24  0.12  0.22  1.63  0.12 (1.72)  3.90 (3.06)  12.53 
AIRI 2.24 (0.41)  0.00 (1.09)  0.00 (0.12)  0.00  6.06 (5.56)  15.38 
AJRD 1.33  0.16  0.14  0.61  1.45  0.11 (1.57)  2.80 (2.41)  10.16 
ASTC 2.22 (0.26)  0.00 (0.44)  0.00 (0.08)  0.00  4.00 (5.88)  13.72 

Cross Equities Net Income Analysis

Select Fundamental

2010201120122013201420152016201720182019202020212022
AAIIQ10 M(5.8 M)(5.8 M)(5.8 M)(5.8 M)(5.8 M)(5.8 M)(5.8 M)(5.8 M)(5.8 M)(5.8 M)(6.7 M)(6.8 M)
ACHR(944 K)(944 K)(944 K)(944 K)(944 K)(944 K)(944 K)(944 K)(944 K)(944 K)(24.8 M)(347.8 M)(357 M)
AERG(6.4 M)(6.4 M)(3.5 M)(1.4 M)(718.8 K)(223.9 K)(492.6 K)(492.6 K)(492.6 K)(492.6 K)(492.6 K)(566.5 K)(611.2 K)
AIR69.8 M67.7 M55 M72.9 M10.2 M47.7 M56.5 M15.6 M7.5 M4.4 M35.8 M32.2 M33.9 M
AIRI2.2 M2.2 M2.5 M3.7 M667 K(832 K)(15.6 M)(22.6 M)(11 M)(2.7 M)1.1 M1.6 M1.8 M
AJRD2.9 M(2.6 M)162.9 M(50 M)(16.2 M)18 M18 M(9.2 M)137.3 M141 M137.7 M143.7 M155 M
ASTC(5 M)(2.7 M)(185 K)(5 M)10.8 M(13.1 M)(11.6 M)(13.3 M)(7.5 M)(8.3 M)(7.6 M)(6.8 M)(7.4 M)

Astra Space and related stocks such as ALABAMA AIRCRAFT IND, Archer Aviation, ALLIED DEFENSE GROUP, Applied Energetics, ATCHISON CASTING CORP, AEROSONIC CORP, AAR Corp, Air Industries Group, Aerojet Rocketdyne, and Astrotech Corp Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Astra Space financial statement analysis. It represents the amount of money remaining after all of Astra Space operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends Income Statement Impact.

Astra Space Competitive Analysis

The better you understand Astra Space competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Astra Space's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Astra Space's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ASTRAAIIQACHRAERGAIRAIRIAJRDASTC
 11.06 
 2.61 
Astra
 0.00 
 0.02 
ALABAMA
 5.14 
 3.48 
Archer
 2.03 
 1.93 
Applied
 4.96 
 44.85 
AAR Corp
 1.43 
 0.71 
Air Industries
 3.08 
 39.34 
Aerojet
 3.85 
 0.50 
Astrotech
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Profit Margin
EBITDA
Current Valuation
Cash Flow from Operations
Operating Margin
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Last Dividend Paid
Market Capitalization
Price to Sales
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
Revenue
Working Capital
Gross Profit
Daily Balance Of Power
Day Typical Price
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Astra Space Competition Performance Charts

Complement your Astra Space position

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Please continue to Astra Space Correlation with its peers. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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.
ASTR -  USA Stock  

USD 2.61  0.26  11.06%

Astra Space competes with Archer Aviation, Applied Energetics, AAR Corp, Air Industries, and Aerojet Rocketdyne; as well as few others. The company conducts business under Industrials sector and is part of Aerospace & Defense industry. Analyzing Astra Space competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Astra Space to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Astra Space competition on your existing holdings. Please continue to Astra Space Correlation with its peers.
  
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As of 05/26/2022, Return on Average Assets is likely to drop to -3.44. In addition to that, Return on Average Equity is likely to drop to 216.97. Astra Space Total Assets are relatively stable at the moment as compared to the past year. Astra Space reported last year Total Assets of 499.02 Million. As of 05/26/2022, Current Assets is likely to grow to about 374.1 M, while Return on Average Assets are likely to drop (3.44) .