Astra Space Performance
| ASTRDelisted Stock | USD 0.54 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Astra Space's returns are expected to increase less than the market. However, during the bear market, the loss of holding Astra Space is expected to be smaller as well. Astra Space right now shows a risk of 0.0%. Please confirm Astra Space jensen alpha and rate of daily change , to decide if Astra Space will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Astra Space has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Astra Space is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Begin Period Cash Flow | 33.6 M |
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Astra Space Relative Risk vs. Return Landscape
If you would invest 54.00 in Astra Space on August 24, 2024 and sell it today you would earn a total of 0.00 from holding Astra Space or generate 0.0% return on investment over 90 days. Astra Space is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Astra, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Astra Space Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astra Space's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Astra Space, and traders can use it to determine the average amount a Astra Space's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Astra Space is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Astra Space by adding Astra Space to a well-diversified portfolio.
Astra Space Fundamentals Growth
Astra Stock prices reflect investors' perceptions of the future prospects and financial health of Astra Space, and Astra Space fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Astra Stock performance.
| Return On Equity | -19.94 | |||
| Return On Asset | -0.69 | |||
| Operating Margin | (85.56) % | |||
| Current Valuation | 39.65 M | |||
| Shares Outstanding | 19.01 M | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 2.94 X | |||
| Revenue | 3.87 M | |||
| EBITDA | (139.06 M) | |||
| Cash And Equivalents | 200.68 M | |||
| Cash Per Share | 0.76 X | |||
| Total Debt | 73.38 M | |||
| Debt To Equity | 0.03 % | |||
| Book Value Per Share | (1.48) X | |||
| Cash Flow From Operations | (103.27 M) | |||
| Earnings Per Share | (6.33) X | |||
| Total Asset | 77.42 M | |||
| Retained Earnings | (2 B) | |||
About Astra Space Performance
Assessing Astra Space's fundamental ratios provides investors with valuable insights into Astra Space's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Astra Space is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Astra Space, Inc., a space launch company, designs, tests, manufactures, and operates launch services, and space products and services. The company was founded in 2016 and is headquartered in Alameda, California. Astra Space operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 324 people.Things to note about Astra Space performance evaluation
Checking the ongoing alerts about Astra Space for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Astra Space help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Astra Space is not yet fully synchronised with the market data | |
| Astra Space has some characteristics of a very speculative penny stock | |
| Astra Space has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 3.87 M. Net Loss for the year was (178.38 M) with loss before overhead, payroll, taxes, and interest of (20.16 M). | |
| Astra Space currently holds about 200.68 M in cash with (103.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Astra Space's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Astra Space's stock is overvalued or undervalued compared to its peers.
- Examining Astra Space's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Astra Space's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Astra Space's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Astra Space's stock. These opinions can provide insight into Astra Space's potential for growth and whether the stock is currently undervalued or overvalued.
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 estimate. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Astra Stock
If you are still planning to invest in Astra Space 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 Astra Space's history and understand the potential risks before investing.
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