Astro Financial Statements From 2010 to 2025
| ASTO Stock | USD 1.69 0.00 0.00% |
Check Astro Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Astro Communications' main balance sheet or income statement drivers, such as , as well as many indicators such as . Astro financial statements analysis is a perfect complement when working with Astro Communications Valuation or Volatility modules.
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Astro Communications Company Price To Earning Analysis
Astro Communications' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Astro Communications Price To Earning | 14.38 X |
Most of Astro Communications' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Astro Communications is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Astro Communications has a Price To Earning of 14.38 times. This is 27.34% lower than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The price to earning for all United States stocks is 49.93% higher than that of the company.
Astro Communications Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Astro Communications's current stock value. Our valuation model uses many indicators to compare Astro Communications value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Astro Communications competition to find correlations between indicators driving Astro Communications's intrinsic value. More Info.Astro Communications is number one stock in profit margin category among its peers. It also is number one stock in operating margin category among its peers reporting about 0.63 of Operating Margin per Profit Margin. The ratio of Profit Margin to Operating Margin for Astro Communications is roughly 1.59 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Astro Communications by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Astro Communications' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Astro Communications Financial Statements
Astro Communications investors utilize fundamental indicators, such as revenue or net income, to predict how Astro Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Astro Communications, Inc. provides various answering services in the United States. Astro Communications, Inc. was founded in 1993 and is based in Shepherdsville, Kentucky. Astro Communications operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 28 people.
Pair Trading with Astro Communications
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astro Communications position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astro Communications will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Astro Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astro Communications when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astro Communications - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astro Communications to buy it.
The correlation of Astro Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astro Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astro Communications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astro Communications can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Astro Pink Sheet
Astro Communications financial ratios help investors to determine whether Astro Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Astro with respect to the benefits of owning Astro Communications security.