Astra Veda Stock Market Value
| ASTA Stock | USD 0.0003 0.0001 50.00% |
| Symbol | Astra |
Astra Veda '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 Astra Veda's pink sheet 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 Astra Veda.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Astra Veda on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Astra Veda or generate 0.0% return on investment in Astra Veda over 30 days. Astra Veda Corporation focuses on inventing, accelerating, and promoting technical innovations, software applications, d... More
Astra Veda 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 Astra Veda's pink sheet 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 Astra Veda upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 31.08 | |||
| Information Ratio | 0.0958 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Astra Veda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astra Veda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astra Veda's standard deviation. In reality, there are many statistical measures that can use Astra Veda historical prices to predict the future Astra Veda's volatility.| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | 2.51 | |||
| Total Risk Alpha | 0.416 | |||
| Sortino Ratio | 0.0771 | |||
| Treynor Ratio | (3.54) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Astra Veda's 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.
Astra Veda Backtested Returns
Astra Veda is out of control given 3 months investment horizon. Astra Veda secures Sharpe Ratio (or Efficiency) of 0.087, which signifies that the company had a 0.087 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.23% are justified by taking the suggested risk. Use Astra Veda Risk Adjusted Performance of 0.0926, mean deviation of 17.38, and Downside Deviation of 31.08 to evaluate company specific risk that cannot be diversified away. 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.
Auto-correlation | 0.04 |
Virtually no predictability
Astra Veda has virtually no predictability. Overlapping area represents the amount of predictability between Astra Veda time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Astra Veda price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Astra Veda price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Astra Veda lagged returns against current returns
Autocorrelation, which is Astra Veda pink sheet'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 Astra Veda's pink sheet expected returns. We can calculate the autocorrelation of Astra Veda returns to help us make a trade decision. For example, suppose you find that Astra Veda has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Astra Veda 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 Astra Veda pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astra Veda pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astra Veda pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Astra Veda Lagged Returns
When evaluating Astra Veda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astra Veda pink sheet have on its future price. Astra Veda 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, Astra Veda autocorrelation shows the relationship between Astra Veda pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Astra Veda.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Astra Pink Sheet
Astra Veda financial ratios help investors to determine whether Astra Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Astra with respect to the benefits of owning Astra Veda security.