Astra Space Stock Price on November 22, 2021

ASTR Stock  USD 0.62  0.02  3.13%   
If you're considering investing in Astra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Astra Space stands at 0.62, as last reported on the 24th of April, with the highest price reaching 0.65 and the lowest price hitting 0.60 during the day. Astra Space secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Astra Space exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Astra Space's Standard Deviation of 8.66, risk adjusted performance of (0.06), and Mean Deviation of 5.64 to double-check the risk estimate we provide.
  
As of 04/24/2024, Stock Based Compensation To Revenue is likely to grow to 4.93, while Common Stock Shares Outstanding is likely to drop slightly above 18.3 M. . At this time, Astra Space's Price To Sales Ratio is relatively stable compared to the past year. As of 04/24/2024, Price Sales Ratio is likely to grow to 12.99, while Price Earnings Ratio is likely to drop (0.26). Astra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1792

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Estimated Market Risk

 8.51
  actual daily
75
75% of assets are less volatile

Expected Return

 -1.53
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Astra Space is not performing at its full potential. However, 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 Astra Space by adding Astra Space to a well-diversified portfolio.
Price Book
1.5637
Enterprise Value Ebitda
0.7614
Price Sales
13.4046
Shares Float
16.8 M
Wall Street Target Price
15

Astra Space Valuation on November 22, 2021

It is possible to determine the worth of Astra Space on a given historical date. On November 22, 2021 Astra was worth 3.6 at the beginning of the trading date compared to the closed value of 55.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Astra Space stock. Still, in general, we apply an absolute valuation method to find Astra Space's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Astra Space where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Astra Space's related companies.
 Open High Low Close Volume
04/11/2022
  3.60    55.05    55.05    55.05    136,007  
  3.72    55.80    55.80    55.80    227,660  
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Open Value
3.6
55.05
Closing Value
29.13
Upside

Astra Space Trading Date Momentum on November 22, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Astra Space Fundamentals Correlations and Trends

By evaluating Astra Space's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Astra Space's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Astra financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Astra Space Stock history

Astra Space investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Astra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Astra Space will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Astra Space stock prices may prove useful in developing a viable investing in Astra Space
Last ReportedProjected for Next Year
Common Stock Shares Outstanding19.2 M18.3 M
Net Loss-370.3 M-388.8 M

Astra Space Stock Technical Analysis

Astra Space 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 Astra Space technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Astra Space 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...

Price Boundaries

Astra Space Period Price Range

Low
April 11, 2022
51.45  1,429%
High

 3.60 

     

 55.05 

Astra Space April 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Astra Space stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Astra Space shares will generate the highest return on investment. By undertsting and applying Astra Space stock market strength indicators, traders can identify Astra Space entry and exit signals to maximize returns

Astra Space Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Astra Space's price direction in advance. Along with the technical and fundamental analysis of Astra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Astra to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Astra Space is a strong investment it is important to analyze Astra Space's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Astra Space's future performance. For an informed investment choice regarding Astra Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astra Space. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Astra Stock, please use our How to Invest in Astra Space guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Astra Stock analysis

When running Astra Space's 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 the 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.
Earnings Share
(9.28)
Revenue Per Share
0.202
Quarterly Revenue Growth
(0.91)
Return On Assets
(0.72)
Return On Equity
(51.92)
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 if Astra Space is a good investment 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.