Astra Microwave (India) Probability of Future Stock Price Finishing Over 771.83
| ASTRAMICRO | 799.55 24.00 3.09% |
Astra |
Astra Microwave Target Price Odds to finish over 771.83
The tendency of Astra Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 771.83 in 90 days |
| 799.55 | 90 days | 771.83 | about 80.61 |
Based on a normal probability distribution, the odds of Astra Microwave to stay above 771.83 in 90 days from now is about 80.61 (This Astra Microwave Products probability density function shows the probability of Astra Stock to fall within a particular range of prices over 90 days) . Probability of Astra Microwave Products price to stay between 771.83 and its current price of 799.55 at the end of the 90-day period is about 14.92 .
Assuming the 90 days trading horizon Astra Microwave has a beta of 0.88. This suggests Astra Microwave Products market returns are responsive to returns on the market. As the market goes up or down, Astra Microwave is expected to follow. Additionally Astra Microwave Products has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Astra Microwave Price Density |
| Price |
Predictive Modules for Astra Microwave
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Astra Microwave Products. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Astra Microwave Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Astra Microwave is not an exception. The market had few large corrections towards the Astra Microwave's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Astra Microwave Products, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Astra Microwave within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.88 | |
σ | Overall volatility | 60.30 | |
Ir | Information ratio | -0.11 |
Astra Microwave Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Astra Microwave for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Astra Microwave Products can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Astra Microwave generated a negative expected return over the last 90 days | |
| Astra Microwave is unlikely to experience financial distress in the next 2 years | |
| Astra Microwave Products has accumulated about 560.71 M in cash with (1.82 B) of positive cash flow from operations. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Getting In Cheap On Astra Microwave Products Limited Is Unlikely - Simply Wall St |
Astra Microwave Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Astra Stock often depends not only on the future outlook of the current and potential Astra Microwave's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Astra Microwave's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 94.2 M | |
| Cash And Short Term Investments | 1.3 B |
Astra Microwave Technical Analysis
Astra Microwave's future price can be derived by breaking down and analyzing its technical indicators over time. Astra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Astra Microwave Products. In general, you should focus on analyzing Astra Stock price patterns and their correlations with different microeconomic environments and drivers.
Astra Microwave Predictive Forecast Models
Astra Microwave's time-series forecasting models is one of many Astra Microwave's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Astra Microwave's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Astra Microwave Products
Checking the ongoing alerts about Astra Microwave for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Astra Microwave Products help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Astra Microwave generated a negative expected return over the last 90 days | |
| Astra Microwave is unlikely to experience financial distress in the next 2 years | |
| Astra Microwave Products has accumulated about 560.71 M in cash with (1.82 B) of positive cash flow from operations. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Getting In Cheap On Astra Microwave Products Limited Is Unlikely - Simply Wall St |
Other Information on Investing in Astra Stock
Astra Microwave financial ratios help investors to determine whether Astra Stock 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 Astra with respect to the benefits of owning Astra Microwave security.