Astra Veda Stock Performance
| ASTA Stock | USD 0.0003 0.0001 25.00% |
The firm shows a Beta (market volatility) of -6.86, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Astra Veda are expected to decrease by larger amounts. On the other hand, during market turmoil, Astra Veda is expected to outperform it. At this point, Astra Veda has a negative expected return of -0.44%. Please make sure to confirm Astra Veda's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Astra Veda performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Astra Veda has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Other Cashflows From Financing Activities | -1.8 M | |
| Total Cashflows From Investing Activities | -17.9 K |
Astra |
Astra Veda Relative Risk vs. Return Landscape
If you would invest 0.09 in Astra Veda on August 24, 2024 and sell it today you would lose (0.06) from holding Astra Veda or give up 66.67% of portfolio value over 90 days. Astra Veda is currently does not generate positive expected returns and assumes 16.1072% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Astra, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Astra Veda Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astra Veda's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Astra Veda, and traders can use it to determine the average amount a Astra Veda's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0274
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| Negative Returns | ASTA |
Estimated Market Risk
| 16.11 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Astra Veda is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Astra Veda by adding Astra Veda to a well-diversified portfolio.
Astra Veda Fundamentals Growth
Astra Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Astra Veda, and Astra Veda fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Astra Pink Sheet performance.
| Operating Margin | (16.03) % | |||
| Current Valuation | 20.09 M | |||
| Revenue | 16.1 K | |||
| Cash And Equivalents | 16.41 K | |||
| Total Debt | 459.49 K | |||
| Cash Flow From Operations | (235.14 K) | |||
About Astra Veda Performance
By analyzing Astra Veda's fundamental ratios, stakeholders can gain valuable insights into Astra Veda's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Astra Veda has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Astra Veda has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Astra Veda Corporation focuses on inventing, accelerating, and promoting technical innovations, software applications, data security products, and encrypted communication services. It provides various development tools and delivery platforms, including its proprietary practices for partners enhancing and securing existing business platforms. Astra Veda operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 6 people.Things to note about Astra Veda performance evaluation
Checking the ongoing alerts about Astra Veda for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Astra Veda help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Astra Veda generated a negative expected return over the last 90 days | |
| Astra Veda has high historical volatility and very poor performance | |
| Astra Veda has some characteristics of a very speculative penny stock | |
| Astra Veda has high likelihood to experience some financial distress in the next 2 years | |
| Astra Veda currently holds 459.49 K in liabilities. Astra Veda has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Astra Veda until it has trouble settling it off, either with new capital or with free cash flow. So, Astra Veda's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Astra Veda sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Astra to invest in growth at high rates of return. When we think about Astra Veda's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 16.1 K. Net Loss for the year was (537.69 K) with loss before overhead, payroll, taxes, and interest of (7.98 K). | |
| Astra Veda currently holds about 16.41 K in cash with (235.14 K) of positive cash flow from operations. |
- Analyzing Astra Veda's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Astra Veda's stock is overvalued or undervalued compared to its peers.
- Examining Astra Veda's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Astra Veda's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Astra Veda's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Astra Veda's pink sheet. These opinions can provide insight into Astra Veda's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Astra Pink Sheet analysis
When running Astra Veda's price analysis, check to measure Astra Veda's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Astra Veda is operating at the current time. Most of Astra Veda's value examination focuses on studying past and present price action to predict the probability of Astra Veda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astra Veda's price. Additionally, you may evaluate how the addition of Astra Veda to your portfolios can decrease your overall portfolio volatility.
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