Astro Aerospace Stock Net Income
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 Net Income Analysis
Astro Aerospace's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Astro Aerospace Net Income | (1.19 M) |
Most of Astro Aerospace's fundamental indicators, such as Net Income, 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Astro Aerospace reported net income of (1.19 Million). This is 100.46% lower than that of the Industrials sector and 100.11% lower than that of the Aerospace & Defense industry. The net income for all United States stocks is 100.21% higher than that of the company.
Astro Net Income 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 Net Income 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 net income 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 Charles Schwab could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charles Schwab 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 Charles Schwab - 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 Charles Schwab Corp to buy it.
The correlation of Charles Schwab 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 Charles Schwab moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charles Schwab Corp 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 Charles Schwab 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 american community survey. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.
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