Astec Stock Alpha and Beta Analysis

ASTE -  USA Stock  

USD 65.14  2.72  4.01%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Astec Inds. It also helps investors analyze the systematic and unsystematic risks associated with investing in Astec Inds over a specified time horizon. Remember, high Astec Inds' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to Astec Inds Backtesting, Astec Inds Valuation, Astec Inds Correlation, Astec Inds Hype Analysis, Astec Inds Volatility, Astec Inds History and analyze Astec Inds Performance.

Astec Beta 

 
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Please note that although Astec Inds alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Astec Inds did 0.47  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Astec Inds stock's relative risk over its benchmark. Astec Inds has a beta of 1.66  . 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.
Astec Inds Tangible Asset Value is projected to increase significantly based on the last few years of reporting. The past year's Tangible Asset Value was at 895.04 Million.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Astec Inds Quarterly Book Value per Share

29.115Share

Astec Inds Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Astec Inds market risk premium is the additional return an investor will receive from holding Astec Inds 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 Astec Inds. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Astec Inds' performance over market.
α0.47   β1.66
90 days against DJI

Astec Inds expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Astec Inds' Buy-and-hold return. Our buy-and-hold chart shows how Astec Inds performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Astec Inds Market Price Analysis

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

Astec Inds Return and Market Media

The median price of Astec Inds for the period between Sat, Oct 23, 2021 and Fri, Jan 21, 2022 is 68.9 with a coefficient of variation of 10.34. The daily time series for the period is distributed with a sample standard deviation of 6.8, arithmetic mean of 65.73, and mean deviation of 5.5. The Stock received some media coverage during the period.
 Price Growth (%)  
      Timeline 
1
Other10/29/2021
2
Acquisition by William Dorey of 305 shares of Astec Inds sub...11/02/2021
3
EPS Reported11/03/2021
4
Payment of 267 shares by Averkamp Timothy A of Astec Inds su...11/09/2021
5
Payment of 152 shares by Palm Jamie E of Astec Inds subject ...11/12/2021
6
Sale by Litchfield Matthew T Sr of tradable shares of Astec ...11/18/2021
7
Acquisition by Pasricha Anshu of tradable shares of Astec In...12/06/2021
8
Financial Statements01/05/2022
9
Acquisition by Pasricha Anshu of 135 shares of Astec Inds su...01/12/2022

About Astec Inds Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Astec Inds has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 (projected)
Long Term Debt to Equity5.61E-45.76E-4
Interest Coverage128.86115.25

Astec Inds Upcoming Company Events

As portrayed in its financial statements, the presentation of Astec Inds' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Astec Inds' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Astec Inds' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Astec Inds. Please utilize our Beneish M Score to check the likelihood of Astec Inds' management manipulating its earnings.
Upcoming Quarterly Report7th of March 2022
Next Earnings Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End7th of March 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Build Portfolio with Astec Inds

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please continue to Astec Inds Backtesting, Astec Inds Valuation, Astec Inds Correlation, Astec Inds Hype Analysis, Astec Inds Volatility, Astec Inds History and analyze Astec Inds Performance. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Astec Inds price analysis, check to measure Astec Inds' 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 Astec Inds is operating at the current time. Most of Astec Inds' value examination focuses on studying past and present price action to predict the probability of Astec Inds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astec Inds' price. Additionally, you may evaluate how the addition of Astec Inds to your portfolios can decrease your overall portfolio volatility.
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Astec Inds 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 Astec Inds technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Astec Inds 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...