Astronics Stock Performance

ATRO -  USA Stock  

USD 10.55  0.33  3.23%

The firm shows a Beta (market volatility) of 1.0258, which signifies a somewhat significant risk relative to the market. Let's try to break down what Astronics's beta means in this case. Astronics returns are very sensitive to returns on the market. As the market goes up or down, Astronics is expected to follow. Even though it is essential to pay attention to Astronics Cp historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Astronics Cp exposes twenty-one different technical indicators, which can help you to evaluate its performance. Astronics Cp has an expected return of -0.47%. Please be advised to confirm Astronics Cp variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Astronics Cp performance from the past will be repeated at some point in the near future.
  
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Astronics Performance
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Over the last 90 days Astronics Cp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in June 2022. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more

Astronics Price Channel

Quick Ratio1.22
Fifty Two Week Low9.24
Target High Price21.00
Fifty Two Week High20.93
Target Low Price12.00

Astronics Relative Risk vs. Return Landscape

If you would invest  1,471  in Astronics Cp on February 27, 2022 and sell it today you would lose (416.00)  from holding Astronics Cp or give up 28.28% of portfolio value over 90 days. Astronics Cp is currently does not generate positive expected returns and assumes 3.0165% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of stocks are less volatile than Astronics, and 99% 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 under-perform the market. In addition to that, the company is 2.23 times more volatile than its market benchmark. It trades about -0.15 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of volatility.

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 Cp, 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 = -0.1543

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Negative ReturnsATRO
Estimated Market Risk
 3.02
  actual daily
 
 26 %
of total potential
 
2626
Expected Return
 -0.47
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 0 %
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 -0.15
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Based on monthly moving average Astronics is performing at about 0% 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 Cp 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 Cp stock market performance in a much more refined way. At Macroaxis, we take it even further. 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(22.70) (23.29) 
Return on Average Assets(0.042) (0.0431) 
Return on Average Equity(0.10) (0.10) 
Return on Invested Capital(0.04) (0.0411) 
Return on Sales(0.045) (0.0462) 
Astronics 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, South America, and internationally. The company was incorporated in 1968 and is headquartered in East Aurora, New York. Astronics operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 2100 people.

Things to note about Astronics Cp

Checking the ongoing alerts about Astronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Astronics Cp 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 Cp generated a negative expected return over the last 90 days
Astronics Cp has high historical volatility and very poor performance
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 Cp currently holds about 29.76 M in cash with (5.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94.
Roughly 73.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.defenseworld.net: Kaman Analysts Recent Ratings Updates - Defense World - Defense World
Please continue to Trending Equities. Note that the Astronics Cp information on this page should be used as a complementary analysis to other Astronics' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Astronics Stock analysis

When running Astronics Cp 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.
The market value of Astronics Cp 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.