Astral Foods' market value is the price at which a share of Astral Foods trades on a public exchange. It measures the collective expectations of Astral Foods investors about its performance. Astral Foods is trading at 18709.00 as of the 26th of November 2024, a 1.46% down since the beginning of the trading day. The stock's lowest day price was 18647.0. With this module, you can estimate the performance of a buy and hold strategy of Astral Foods and determine expected loss or profit from investing in Astral Foods over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
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.
0.00
10/27/2024
No Change 0.00
0.0
In 30 days
11/26/2024
0.00
If you would invest 0.00 in Astral Foods on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Astral Foods or generate 0.0% return on investment in Astral Foods over 30 days.
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 upside and downside potential and time the market with a certain degree of confidence.
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.
At this point, Astral Foods is very steady. Astral Foods secures Sharpe Ratio (or Efficiency) of 0.0958, which signifies that the company had a 0.0958% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Astral Foods, which you can use to evaluate the volatility of the firm. Please confirm Astral Foods' Downside Deviation of 0.8401, risk adjusted performance of 0.1182, and Mean Deviation of 0.8916 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Astral Foods has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.28, 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. Astral Foods right now shows a risk of 1.27%. Please confirm Astral Foods sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Astral Foods will be following its price patterns.
Auto-correlation
-0.83
Excellent reverse predictability
Astral Foods has excellent reverse predictability. Overlapping area represents the amount of predictability between Astral Foods time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 price movement. The serial correlation of -0.83 indicates that around 83.0% of current Astral Foods price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.83
Spearman Rank Test
-0.79
Residual Average
0.0
Price Variance
607.3 K
Astral Foods 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.
Regressed Prices
Timeline
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