Astra Exploration Stock Market Value
| ATEPF Stock | USD 0.46 0.01 2.13% |
| Symbol | Astra |
Astra Exploration '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 Exploration's otc 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 Astra Exploration.
| 01/27/2024 |
| 01/16/2026 |
If you would invest 0.00 in Astra Exploration on January 27, 2024 and sell it all today you would earn a total of 0.00 from holding Astra Exploration or generate 0.0% return on investment in Astra Exploration over 720 days. Astra Exploration is related to or competes with Lahontan Gold, Sonoro Gold, Thunder Mountain, Eastern Platinum, Silver Mountain, P2 Gold, and EMP Metals. Astra Exploration Inc., an exploration company, engages in the acquisition, exploration, and development of epithermal g... More
Astra Exploration 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 Exploration's otc 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 Astra Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.88 | |||
| Information Ratio | 0.0749 | |||
| Maximum Drawdown | 31.88 | |||
| Value At Risk | (9.30) | |||
| Potential Upside | 12.82 |
Astra Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astra Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astra Exploration's standard deviation. In reality, there are many statistical measures that can use Astra Exploration historical prices to predict the future Astra Exploration's volatility.| Risk Adjusted Performance | 0.0725 | |||
| Jensen Alpha | 0.4499 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.083 | |||
| Treynor Ratio | 0.425 |
Astra Exploration Backtested Returns
Astra Exploration appears to be out of control, given 3 months investment horizon. Astra Exploration secures Sharpe Ratio (or Efficiency) of 0.0536, which signifies that the company had a 0.0536 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Astra Exploration, which you can use to evaluate the volatility of the firm. Please makes use of Astra Exploration's Risk Adjusted Performance of 0.0725, downside deviation of 5.88, and Mean Deviation of 4.88 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Astra Exploration holds a performance score of 4. The firm shows a Beta (market volatility) of 1.38, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Astra Exploration will likely underperform. Please check Astra Exploration's maximum drawdown and the relationship between the semi variance and day typical price , to make a quick decision on whether Astra Exploration's price patterns will revert.
Auto-correlation | -0.47 |
Modest reverse predictability
Astra Exploration has modest reverse predictability. Overlapping area represents the amount of predictability between Astra Exploration time series from 27th of January 2024 to 21st of January 2025 and 21st of January 2025 to 16th of January 2026. 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 Exploration price movement. The serial correlation of -0.47 indicates that about 47.0% of current Astra Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Astra Exploration lagged returns against current returns
Autocorrelation, which is Astra Exploration otc 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 Astra Exploration's otc stock expected returns. We can calculate the autocorrelation of Astra Exploration returns to help us make a trade decision. For example, suppose you find that Astra Exploration has exhibited high autocorrelation historically, and you observe that the otc 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 |
Astra Exploration 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 Exploration otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astra Exploration otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astra Exploration otc stock over time.
Current vs Lagged Prices |
| Timeline |
Astra Exploration Lagged Returns
When evaluating Astra Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astra Exploration otc stock have on its future price. Astra Exploration 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 Exploration autocorrelation shows the relationship between Astra Exploration otc stock current value and its past values and can show if there is a momentum factor associated with investing in Astra Exploration.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Astra OTC Stock
Astra Exploration financial ratios help investors to determine whether Astra OTC Stock 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 Exploration security.