Astronova Story

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ALOT -- USA Stock  

USD 14.69  0.19  1.31%

The predictive indicators we use to evaluate Astronova help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Astronova. We apply different methods to arrive at the intrinsic value of Astronova based on widely used predictive technical indicators. Today's article will review Astronova. We will cover the possibilities of making Astronova into a steady grower in April.
Published over two weeks ago
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Should I drop my Astronova (NASDAQ:ALOT) holdings?
Astronova's average rating is Hold from 1 analysts.
Our trade advice tool can cross-verify current analyst consensus on Astronova and to analyze the company potential to grow in the current economic cycle.
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.
The successful prediction of Astronova stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Astronova, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Astronova based on Astronova hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Astronova's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Astronova's related companies.

Use Technical Analysis to project Astronova expected Price

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

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

A Deeper look at Astronova

The newest price gain of Astronova could raise concerns from private investors as the firm it trading at a share price of 14.75 on 238,471 in volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in April. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.57. The current volatility is consistent with the ongoing market swings in February 2021 as well as with Astronova unsystematic, company-specific events.
 2018 2019 2020 2021 (projected)
Current Assets62.61 M60.15 M69.17 M71.04 M
Total Assets118.98 M116.66 M134.16 M121.78 M

Deferred Revenue Breakdown

Astronova Deferred Revenue yearly trend continues to be comparatively stable with very little volatility. Deferred Revenue will likely drop to about 416.1 K in 2021. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Astronova Deferred Revenue is comparatively stable at the moment as compared to the past year. Astronova reported Deferred Revenue of 419,400 in 2020
2014
2015
2016
2017
2018
2019
2020
2021
2014621,000
2015529,000
2016472,000
2017367,000
2018373,000
2019466,000
2020419,400
2021416,063

Another 3 percent gain for Astronova

Newest coefficient of variation is at 568.72.
As of the 25th of March, Astronova shows the Risk Adjusted Performance of 0.155, mean deviation of 1.41, and Downside Deviation of 2.15. Astronova technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Astronova, which can be compared to its rivals. Please confirm Astronova variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Astronova is priced correctly, providing market reflects its regular price of 14.75 per share. Given that Astronova has jensen alpha of 0.3923, we suggest you to validate Astronova's prevailing market performance to make sure the company can sustain itself at a future point.

Our Bottom Line On Astronova

Whereas some other companies within the computer hardware industry are still a little expensive, even after the recent corrections, Astronova may offer a potential longer-term growth to private investors. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither buy new shares of Astronova nor drop your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. 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 Raphi Shpitalnik do not own shares of Astronova. Please refer to our Terms of Use for any information regarding our disclosure principles.

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