Astral Foods (Germany) Market Value
| A9U Stock | 9.65 0.60 6.63% |
| Symbol | Astral |
Astral Foods 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Astral Foods' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Astral Foods.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Astral Foods on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Astral Foods Limited or generate 0.0% return on investment in Astral Foods over 540 days. Astral Foods is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. More
Astral Foods Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Astral Foods' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Astral Foods Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.064 | |||
| Maximum Drawdown | 5.4 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 3.03 |
Astral Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astral Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astral Foods' standard deviation. In reality, there are many statistical measures that can use Astral Foods historical prices to predict the future Astral Foods' volatility.| Risk Adjusted Performance | 0.1179 | |||
| Jensen Alpha | 0.207 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0799 | |||
| Treynor Ratio | 1.85 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Astral Foods' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Astral Foods Limited Backtested Returns
Astral Foods appears to be not too volatile, given 3 months investment horizon. Astral Foods Limited secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Astral Foods Limited, which you can use to evaluate the volatility of the firm. Please makes use of Astral Foods' Risk Adjusted Performance of 0.1179, mean deviation of 1.14, and Downside Deviation of 1.26 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Astral Foods holds a performance score of 11. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Astral Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Astral Foods is expected to be smaller as well. Please check Astral Foods' expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Astral Foods' price patterns will revert.
Auto-correlation | -0.41 |
Modest reverse predictability
Astral Foods Limited has modest reverse predictability. Overlapping area represents the amount of predictability between Astral Foods time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Astral Foods Limited price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Astral Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
Astral Foods Limited lagged returns against current returns
Autocorrelation, which is Astral Foods stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Astral Foods' stock expected returns. We can calculate the autocorrelation of Astral Foods returns to help us make a trade decision. For example, suppose you find that Astral Foods has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Astral Foods regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Astral Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astral Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astral Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Astral Foods Lagged Returns
When evaluating Astral Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astral Foods stock have on its future price. Astral Foods autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Astral Foods autocorrelation shows the relationship between Astral Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Astral Foods Limited.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Astral Stock Analysis
When running Astral Foods' price analysis, check to measure Astral Foods' 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 Astral Foods is operating at the current time. Most of Astral Foods' value examination focuses on studying past and present price action to predict the probability of Astral Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astral Foods' price. Additionally, you may evaluate how the addition of Astral Foods to your portfolios can decrease your overall portfolio volatility.