Astra Veda Stock Performance
| ASTA Stock | USD 0.0003 0.0001 50.00% |
Astra Veda holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Astra Veda are expected to decrease at a much lower rate. During the bear market, Astra Veda is likely to outperform the market. Use Astra Veda maximum drawdown and the relationship between the semi variance and day typical price , to analyze future returns on Astra Veda.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Astra Veda are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat conflicting basic indicators, Astra Veda sustained solid returns over the last few months and may actually be approaching a breakup point. ...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 0.05 in Astra Veda on November 3, 2024 and sell it today you would lose (0.02) from holding Astra Veda or give up 40.0% of portfolio value over 90 days. Astra Veda is currently generating 2.2312% in daily expected returns and assumes 25.6588% 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 = 0.087
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ASTA | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 25.66 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.23 actual daily | 44 56% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Astra Veda is performing at about 6% of its full potential. 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 it 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 is way too risky over 90 days horizon | |
| Astra Veda has some characteristics of a very speculative penny stock | |
| Astra Veda appears to be risky and price may revert if volatility continues | |
| 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.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |