Astra Space Stock Technical Analysis
ASTR Stock | USD 0.64 0.02 3.71% |
As of the 25th of April, Astra Space shows the Standard Deviation of 8.66, mean deviation of 5.64, and Risk Adjusted Performance of (0.06). Astra Space 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 interpolate and analyze data for thirteen technical drivers for Astra Space, which can be compared to its peers. Please confirm Astra Space market risk adjusted performance and treynor ratio to decide if Astra Space is priced correctly, providing market reflects its regular price of 0.643 per share. As Astra Space is a penny stock we also strongly suggest to validate its jensen alpha numbers.
Astra Space Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Astra, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AstraAstra |
Astra Space Analyst Consensus
Target Price | Advice | # of Analysts | |
15.0 | Hold | 1 | Odds |
Most Astra analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Astra stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Astra Space, talking to its executives and customers, or listening to Astra conference calls.
Astra Space 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.
Astra Space Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Astra Space volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Astra Space Trend Analysis
Use this graph to draw trend lines for Astra Space. You can use it to identify possible trend reversals for Astra Space as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Astra Space price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Astra Space Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Astra Space applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Astra Space market price will keep on failing further. It has 122 observation points and a regression sum of squares at 36.96, which is the sum of squared deviations for the predicted Astra Space price change compared to its average price change.About Astra Space Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Astra Space on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Astra Space based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Astra Space price pattern first instead of the macroeconomic environment surrounding Astra Space. By analyzing Astra Space's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Astra Space's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Astra Space specific price patterns or momentum indicators. Please read more on our technical analysis page.
2010 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 17.46 | 16.41 | 1.69 | 1.61 | Days Of Inventory On Hand | 17.59 | 84.05 | 690.44 | 724.96 |
Astra Space April 25, 2024 Technical Indicators
Most technical analysis of Astra help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Astra from various momentum indicators to cycle indicators. When you analyze Astra charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.06) | |||
Market Risk Adjusted Performance | (0.70) | |||
Mean Deviation | 5.64 | |||
Coefficient Of Variation | (888.29) | |||
Standard Deviation | 8.66 | |||
Variance | 75.02 | |||
Information Ratio | (0.12) | |||
Jensen Alpha | (1.10) | |||
Total Risk Alpha | (2.17) | |||
Treynor Ratio | (0.71) | |||
Maximum Drawdown | 51.24 | |||
Value At Risk | (12.57) | |||
Potential Upside | 11.25 | |||
Skewness | (1.94) | |||
Kurtosis | 7.55 |
Astra Space April 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Astra stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 6,316 | ||
Daily Balance Of Power | 0.57 | ||
Rate Of Daily Change | 1.04 | ||
Day Median Price | 0.63 | ||
Day Typical Price | 0.63 | ||
Price Action Indicator | 0.02 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astra Space. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Astra Stock, please use our How to Invest in Astra Space guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Astra Stock analysis
When running Astra Space's price analysis, check to measure Astra Space's 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 Astra Space is operating at the current time. Most of Astra Space's value examination focuses on studying past and present price action to predict the probability of Astra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astra Space's price. Additionally, you may evaluate how the addition of Astra Space to your portfolios can decrease your overall portfolio volatility.
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Is Astra Space's 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 Astra Space. If investors know Astra 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 Astra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.28) | Revenue Per Share 0.202 | Quarterly Revenue Growth (0.91) | Return On Assets (0.72) | Return On Equity (51.92) |
The market value of Astra Space is measured differently than its book value, which is the value of Astra that is recorded on the company's balance sheet. Investors also form their own opinion of Astra Space's value that differs from its market value or its book value, called intrinsic value, which is Astra Space's 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 Astra Space's market value can be influenced by many factors that don't directly affect Astra Space's 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 Astra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astra Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astra Space's 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.