Astec Industries Stock Forecast - Jensen Alpha
| ASTE Stock | USD 38.34 0.06 0.16% |
Astec Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Astec Industries stock prices and determine the direction of Astec Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Astec Industries' historical fundamentals, such as revenue growth or operating cash flow patterns.
Astec |
| Check Astec Industries Volatility | Backtest Astec Industries | Information Ratio |
Astec Industries Trading Date Momentum
| On November 29 2024 Astec Industries was traded for 38.34 at the closing time. The top price for the day was 39.31 and the lowest listed price was 38.14 . There was no trading activity during the period 0.0. Lack of trading volume on November 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.37% . |
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Other Forecasting Options for Astec Industries
For every potential investor in Astec, whether a beginner or expert, Astec Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Astec Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Astec. Basic forecasting techniques help filter out the noise by identifying Astec Industries' price trends.Astec Industries Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Astec Industries stock to make a market-neutral strategy. Peer analysis of Astec Industries could also be used in its relative valuation, which is a method of valuing Astec Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Astec Industries Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Astec Industries' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Astec Industries' current price.| Cycle Indicators | ||
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Astec Industries Market Strength Events
Market strength indicators help investors to evaluate how Astec Industries 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 Industries shares will generate the highest return on investment. By undertsting and applying Astec Industries stock market strength indicators, traders can identify Astec Industries entry and exit signals to maximize returns.
Astec Industries Risk Indicators
The analysis of Astec Industries' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Astec Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting astec stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.68 | |||
| Semi Deviation | 1.56 | |||
| Standard Deviation | 2.54 | |||
| Variance | 6.46 | |||
| Downside Variance | 3.0 | |||
| Semi Variance | 2.45 | |||
| Expected Short fall | (2.07) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Astec Industries is a strong investment it is important to analyze Astec Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Astec Industries' future performance. For an informed investment choice regarding Astec Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Astec Industries to cross-verify your projections. For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Construction Machinery & Heavy Transportation Equipment space 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 Industries. 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 Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Dividend Share 0.52 | Earnings Share (0.09) | Revenue Per Share 56.33 | Quarterly Revenue Growth (0.04) |
The market value of Astec Industries 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 Industries' value that differs from its market value or its book value, called intrinsic value, which is Astec Industries' 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 Industries' market value can be influenced by many factors that don't directly affect Astec Industries' 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 Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astec Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Industries' 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.