Astec Stock Performance

ASTE -  USA Stock  

USD 44.30  0.72  1.60%

The firm shows a Beta (market volatility) of 1.365, which signifies a somewhat significant risk relative to the market. Let's try to break down what Astec's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Astec Inds will likely underperform. Even though it is essential to pay attention to Astec Inds 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. Astec Inds exposes twenty-one different technical indicators, which can help you to evaluate its performance. Astec Inds has an expected return of -0.16%. Please be advised to confirm Astec Inds variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Astec Inds performance from the past will be repeated at some point in the near future.
  
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Astec Performance
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Over the last 90 days Astec Inds has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest sluggish performance, the Stock's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more

Astec Price Channel

Quick Ratio1.29
Fifty Two Week Low36.31
Target High Price71.00
Fifty Two Week High75.00
Payout Ratio79.31%
Trailing Annual Dividend Yield0.99%
Target Low Price40.00

Astec Inds Relative Risk vs. Return Landscape

If you would invest  5,022  in Astec Inds on February 22, 2022 and sell it today you would lose (592.00)  from holding Astec Inds or give up 11.79% of portfolio value over 90 days. Astec Inds is currently does not generate positive expected returns and assumes 2.726% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of stocks are less volatile than Astec, 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 Astec Inds is expected to under-perform the market. In addition to that, the company is 2.03 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.06 per unit of volatility.

Astec Inds Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Astec Inds' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Astec Inds, and traders can use it to determine the average amount a Astec Inds' 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 = -0.0583

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Negative ReturnsASTE
Estimated Market Risk
 2.73
  actual daily
 
 23 %
of total potential
 
2323
Expected Return
 -0.16
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 0 %
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Risk-Adjusted Return
 -0.06
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Based on monthly moving average Astec Inds 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 Astec Inds by adding it to a well-diversified portfolio.

About Astec Inds Performance

To evaluate Astec Inds 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 Astec Inds 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 Astec 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 Astec Inds 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 Astec'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-1.1 M-1.2 M
Return on Investment 7.92  8.24 
Return on Average Assets 0.02  0.0256 
Return on Average Equity 0.027  0.0342 
Return on Invested Capital 0.037  0.05 
Return on Sales 0.016  0.0164 
Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. Astec Industries, Inc. was incorporated in 1972 and is headquartered in Chattanooga, Tennessee. Astec Inds operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 4041 people.

Things to note about Astec Inds

Checking the ongoing alerts about Astec Inds for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Astec Inds help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Astec Inds Alerts

Equity Alerts and Improvement Suggestions

Astec Inds generated a negative expected return over the last 90 days
Over 94.0% of the company shares are held by institutions such as insurance companies
Please continue to Trending Equities. Note that the Astec Inds information on this page should be used as a complementary analysis to other Astec Inds' 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is Astec Inds' 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 Astec Inds. If investors know Astec 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 Astec Inds 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 Astec Inds is measured differently than its book value, which is the value of Astec that is recorded on the company's balance sheet. Investors also form their own opinion of Astec Inds' value that differs from its market value or its book value, called intrinsic value, which is Astec Inds' 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 Astec Inds' market value can be influenced by many factors that don't directly affect Astec Inds' 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 Astec Inds' value and its price as these two are different measures arrived at by different means. Investors typically determine Astec Inds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Inds' 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.