Astronics Stock Alpha and Beta Analysis
| ATRO Stock | USD 16.28 0.24 1.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Astronics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Astronics over a specified time horizon. Remember, high Astronics' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Astronics' market risk premium analysis include:
Beta 2.24 | Alpha (0.62) | Risk 3.48 | Sharpe Ratio (0.09) | Expected Return (0.33) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Astronics |
Astronics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Astronics market risk premium is the additional return an investor will receive from holding Astronics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Astronics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Astronics' performance over market.| α | -0.62 | β | 2.24 |
Astronics expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Astronics' Buy-and-hold return. Our buy-and-hold chart shows how Astronics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Astronics Market Price Analysis
Market price analysis indicators help investors to evaluate how Astronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Astronics shares will generate the highest return on investment. By understating and applying Astronics stock market price indicators, traders can identify Astronics position entry and exit signals to maximize returns.
Astronics Return and Market Media
The median price of Astronics for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 19.1 with a coefficient of variation of 8.23. The daily time series for the period is distributed with a sample standard deviation of 1.56, arithmetic mean of 19.02, and mean deviation of 1.27. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of tradable shares by James Mulato of Astronics subject to Rule 16b-3 | 09/13/2024 |
2 | Aircraft Lighting Strategic Business Report 2023-2024 2030 Focus on Enhancing Aircraft Safety and Reliability Generates Demand for Advanced Lighting Solutions | 09/16/2024 |
3 | Disposition of 6346 shares by Obrien Linda of Astronics subject to Rule 16b-3 | 09/26/2024 |
4 | Disposition of 32594 shares by Keane Robert S of Astronics at 19.09 subject to Rule 16b-3 | 10/01/2024 |
5 | Minerva Advisors LLC Increases Stake in DLH Holdings Corp | 10/17/2024 |
6 | Astronics Corporation Reports 25 percent Growth in Sales in 2024 Third Quarter | 11/06/2024 |
7 | Astronics Corp Q3 2024 Earnings Call Highlights Strong Revenue Growth and Aerospace ... | 11/07/2024 |
8 | Implied Volatility Surging for Astronics Stock Options | 11/12/2024 |
9 | Next Century Growth Investors LLC Reduces Stake in Paymentus Holdings Inc | 11/15/2024 |
10 | All You Need to Know About Astronics Rating Upgrade to Strong Buy | 11/20/2024 |
11 | Astronics Corporation Announces 150 Million Convertible Senior Notes Offering | 11/25/2024 |
12 | Astronics Corp Trading Down 16.76 percent on Nov 26 | 11/26/2024 |
13 | Astronics Corporation to Webcast Presentation at the Sidoti Small Cap Conference | 11/27/2024 |
About Astronics Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Astronics or other stocks. Alpha measures the amount that position in Astronics has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 88.14 | 100.85 | 91.15 | 48.35 | PTB Ratio | 1.45 | 1.38 | 2.31 | 1.84 |
Astronics Upcoming Company Events
As portrayed in its financial statements, the presentation of Astronics' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Astronics' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Astronics' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Astronics. Please utilize our Beneish M Score to check the likelihood of Astronics' management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Astronics Backtesting, Astronics Valuation, Astronics Correlation, Astronics Hype Analysis, Astronics Volatility, Astronics History and analyze Astronics Performance. To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Astronics 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.