Astro Aerospace Stock Fundamentals
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Astro Aerospace's long-term financial health and intrinsic value.
Astro |
Astro Aerospace OTC Stock Price To Book Analysis
Astro Aerospace's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Astro Aerospace Price To Book | 0.02 X |
Most of Astro Aerospace's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Astro Aerospace is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, Astro Aerospace has a Price To Book of 0.0217 times. This is 99.63% lower than that of the Industrials sector and 99.88% lower than that of the Aerospace & Defense industry. The price to book for all United States stocks is 99.77% higher than that of the company.
Astro Aerospace Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Astro Aerospace's current stock value. Our valuation model uses many indicators to compare Astro Aerospace value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Astro Aerospace competition to find correlations between indicators driving Astro Aerospace's intrinsic value. More Info.Astro Aerospace is number one stock in return on asset category among its peers. It also is the top company in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Astro Aerospace by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Astro Aerospace's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Astro Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Astro Aerospace's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Astro Aerospace could also be used in its relative valuation, which is a method of valuing Astro Aerospace by comparing valuation metrics of similar companies.Astro Aerospace is currently under evaluation in price to book category among its peers.
Astro Fundamentals
| Return On Asset | -0.47 | |||
| Current Valuation | 2.32 M | |||
| Shares Outstanding | 16.59 M | |||
| Shares Owned By Insiders | 31.40 % | |||
| Price To Book | 0.02 X | |||
| EBITDA | (568.66 K) | |||
| Net Income | (1.19 M) | |||
| Cash And Equivalents | 38.77 K | |||
| Total Debt | 1.21 M | |||
| Debt To Equity | 2.55 % | |||
| Current Ratio | 0.09 X | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (613.77 K) | |||
| Earnings Per Share | (2.34) X | |||
| Beta | -9.19 | |||
| Market Capitalization | 16 | |||
| Total Asset | 1 M | |||
| Net Asset | 1 M |
Pair Trading with Astro Aerospace
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astro Aerospace position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astro Aerospace will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to TripAdvisor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TripAdvisor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TripAdvisor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TripAdvisor to buy it.
The correlation of TripAdvisor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TripAdvisor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TripAdvisor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TripAdvisor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates. Note that the Astro Aerospace information on this page should be used as a complementary analysis to other Astro Aerospace's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Astro OTC Stock
If you are still planning to invest in Astro Aerospace check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Astro Aerospace's history and understand the potential risks before investing.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |