Astronics Corp Cl Stock Probability of Future Pink Sheet Price Finishing Under 19.55
| ATROB Stock | USD 17.15 0.90 5.54% |
Astronics |
Astronics Corp Target Price Odds to finish below 19.55
The tendency of Astronics Pink Sheet 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 under $ 19.55 after 90 days |
| 17.15 | 90 days | 19.55 | about 68.64 |
Based on a normal probability distribution, the odds of Astronics Corp to stay under $ 19.55 after 90 days from now is about 68.64 (This Astronics Corp Cl probability density function shows the probability of Astronics Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Astronics Corp Cl price to stay between its current price of $ 17.15 and $ 19.55 at the end of the 90-day period is about 55.21 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 2.61 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Astronics Corp will likely underperform. Additionally Astronics Corp Cl 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. Astronics Corp Price Density |
| Price |
Predictive Modules for Astronics Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Astronics Corp Cl. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Astronics Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Astronics Corp is not an exception. The market had few large corrections towards the Astronics Corp'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 Astronics Corp Cl, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Astronics Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | 2.61 | |
σ | Overall volatility | 1.51 | |
Ir | Information ratio | -0.06 |
Astronics Corp 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 Astronics Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Astronics Corp Cl can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Astronics Corp Cl generated a negative expected return over the last 90 days | |
| Astronics Corp Cl has high historical volatility and very poor performance | |
| Astronics Corp Cl has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 10.68 M. Net Loss for the year was (25.58 M) with profit before overhead, payroll, taxes, and interest of 54.9 M. | |
| Astronics Corp Cl has accumulated about 10.68 M in cash with (5.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33. | |
| Roughly 33.0% of the company shares are held by company insiders |
Astronics Corp 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 Astronics Pink Sheet often depends not only on the future outlook of the current and potential Astronics Corp'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. Astronics Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.8 M | |
| Cash And Short Term Investments | 29.8 M |
Astronics Corp Technical Analysis
Astronics Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Astronics Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Astronics Corp Cl. In general, you should focus on analyzing Astronics Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Astronics Corp Predictive Forecast Models
Astronics Corp's time-series forecasting models is one of many Astronics Corp's pink sheet 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 Astronics Corp'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Astronics Corp Cl
Checking the ongoing alerts about Astronics Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Astronics Corp Cl help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Astronics Corp Cl generated a negative expected return over the last 90 days | |
| Astronics Corp Cl has high historical volatility and very poor performance | |
| Astronics Corp Cl has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 10.68 M. Net Loss for the year was (25.58 M) with profit before overhead, payroll, taxes, and interest of 54.9 M. | |
| Astronics Corp Cl has accumulated about 10.68 M in cash with (5.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33. | |
| Roughly 33.0% of the company shares are held by company insiders |
Other Information on Investing in Astronics Pink Sheet
Astronics Corp financial ratios help investors to determine whether Astronics 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 Astronics with respect to the benefits of owning Astronics Corp security.