Astral Resources (Australia) Today
| AAR Stock | 0.07 0 1.37% |
Performance3 of 100
| Odds Of DistressOver 66
|
Astral Resources is selling for under 0.072 as of the 24th of April 2024; that is -1.37% down since the beginning of the trading day. The stock's last reported lowest price was 0.072. Astral Resources has more than 66 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Astral Resources NL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of January 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Astral Resources is entity of Australia. It is traded as Stock on AU exchange. The company has 933.1 M outstanding shares. More on Astral Resources NL
Moving against Astral Stock
| 0.73 | MQG | Macquarie Group | PairCorr |
| 0.61 | CBA | Commonwealth Bank | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Astral Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Astral Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Astral Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Materials, Basic Materials (View all Sectors) | ||||
Astral Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Astral Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Astral Resources' financial leverage. It provides some insight into what part of Astral Resources' total assets is financed by creditors.
| |||||
Astral Resources NL (AAR) is traded on Australian Securities Exchange in Australia and employs 3 people. Astral Resources is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 66.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Astral Resources's market, we take the total number of its shares issued and multiply it by Astral Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Astral Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 933.1 M outstanding shares.
Astral Resources generates negative cash flow from operations
Check Astral Resources Probability Of Bankruptcy
Ownership AllocationAstral Resources retains a total of 933.1 Million outstanding shares. Astral Resources NL retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Astral Ownership Details
Astral Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Astral Resources jumping above the current price in 90 days from now is under 4%. The Astral Resources NL probability density function shows the probability of Astral Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Astral Resources NL has a beta of -0.1544. This suggests as returns on the benchmark increase, returns on holding Astral Resources are expected to decrease at a much lower rate. During a bear market, however, Astral Resources NL is likely to outperform the market. Additionally, astral Resources NL has an alpha of 0.1741, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Astral Resources to move above the current price in 90 days from now is under 4 (This Astral Resources NL probability density function shows the probability of Astral Stock to fall within a particular range of prices over 90 days) .
Astral Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Astral Resources market risk premium is the additional return an investor will receive from holding Astral Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Astral Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Astral Resources' alpha and beta are two of the key measurements used to evaluate Astral Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.23 | |||
| Semi Deviation | 2.65 | |||
| Standard Deviation | 3.6 | |||
| Variance | 12.95 |
Astral Stock Against Markets
Picking the right benchmark for Astral Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Astral Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Astral Resources is critical whether you are bullish or bearish towards Astral Resources NL at a given time. Please also check how Astral Resources' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Astral Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Pattern Recognition Now
Pattern RecognitionUse different Pattern Recognition models to time the market across multiple global exchanges |
| All Next | Launch Module |
Astral Resources Corporate Executives
Elected by the shareholders, the Astral Resources' board of directors comprises two types of representatives: Astral Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Astral. The board's role is to monitor Astral Resources' management team and ensure that shareholders' interests are well served. Astral Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Astral Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
How to buy Astral Stock?
Before investing in Astral Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Astral Resources. To buy Astral Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Astral Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Astral Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Astral Resources NL stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Astral Resources NL stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Astral Resources NL, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Astral Resources NL?
The danger of trading Astral Resources NL is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Astral Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Astral Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Astral Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astral Resources NL. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Astral Stock analysis
When running Astral Resources' price analysis, check to measure Astral Resources' 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 Astral Resources is operating at the current time. Most of Astral Resources' value examination focuses on studying past and present price action to predict the probability of Astral Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astral Resources' price. Additionally, you may evaluate how the addition of Astral Resources to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |