Astronova Story

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ALOT -- USA Stock  

USD 16.35  1.18  7.78%

Whilst many millenniums are getting more into technology space, it makes sense to review Astronova against current trends within the economy. As expected, Astronova is starting to reaffirm its true potential as private investors are becoming more and more confident in the future outlook. The returns on the market and returns on Astronova appear slightly related to each other for the last few months. The indication of stable basic indicators of the firm implies a short-horizon price swing for private investors of Astronova. Astronova is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 25th of March 2021. The stock is in a buyout trend.
Published over three weeks ago
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Will Astronova (NASDAQ:ALOT) price continue to gain in April?
Astronova's average rating is Hold from 1 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Astronova market sentiment investors' perception of the future value of Astronova. Let us look at a few aspects of Astronova technical analysis. The company has Profit Margin (PM) of (0.77) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.31) %, which suggests for every $100 dollars of sales, it generated a net operating loss of 0.0.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Astronova. In general, we focus on analyzing Astronova stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Astronova's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Astronova's intrinsic value. In addition to deriving basic predictive indicators for Astronova, we also check how macroeconomic factors affect Astronova price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Astronova's stock 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 Astronova in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Astronova. Your research has to be compared to or analyzed against Astronova's peers to derive any actionable benefits. When done correctly, Astronova'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 Astronova.

How does Astronova Stands against Peers?

Analyzing Astronova competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Astronova across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Astronova Competition Details

How Astronova utilizes its cash?

To perform a cash flow analysis of Astronova, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Astronova is receiving and how much cash it distributes out in a given period. The Astronova cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Astronova Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Astronova reported Net Cash Flow from Operations of 15.54 Million in 2020

Closer look at Astronova Semi Variance

Astronova has current Semi Variance of 2.74. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.

Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.

Semi Variance 
 = 
SUM(RET DEV)2 
N(ZERO) 
 = 
2.74
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero
Let's now compare Astronova Semi Variance to its closest peers:
ALOT
KTCC
HAUP
HPQ
DM
ALOT2.737074220881789
KTCC7.69
HAUP122.09
HPQ2.28
DM39.23

Astronova is expecting lower volatility in April

Newest Total Risk Alpha is up to 0.09. Price may drop again. Astronova currently demonstrates below-average downside deviation. It has Information Ratio of 0.12 and Jensen Alpha of 0.39. However, we advise investors to further question Astronova expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Astronova'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 Astronova'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.

The Current Takeaway on Astronova Investment

Whereas some companies under the computer hardware industry are still a bit expensive, Astronova may offer a potential longer-term growth to private investors. While some private investors may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Astronova.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Astronova. Please refer to our Terms of Use for any information regarding our disclosure principles.

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