Astra Microwave (India) Performance
| ASTRAMICRO | 767.50 8.05 1.04% |
The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Astra Microwave's returns are expected to increase less than the market. However, during the bear market, the loss of holding Astra Microwave is expected to be smaller as well. At this point, Astra Microwave Products has a negative expected return of -0.2%. Please make sure to confirm Astra Microwave's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Astra Microwave Products performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Astra Microwave Products has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's fundamental indicators remain fairly strong which may send shares a bit higher in December 2024. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
Forward Dividend Yield 0.0025 | Payout Ratio 0.1115 | Last Split Factor 3:2 | Forward Dividend Rate 2 | Ex Dividend Date 2024-08-23 |
1 | Astra Microwaves Stock Continues Downward Trend, Underperforms Sector by -4.94 percent - MarketsMojo | 10/21/2024 |
2 | Getting In Cheap On Astra Microwave Products Limited Is Unlikely - Simply Wall St | 11/13/2024 |
| Begin Period Cash Flow | 379.5 M |
Astra |
Astra Microwave Relative Risk vs. Return Landscape
If you would invest 88,605 in Astra Microwave Products on August 31, 2024 and sell it today you would lose (11,855) from holding Astra Microwave Products or give up 13.38% of portfolio value over 90 days. Astra Microwave Products is generating negative expected returns and assumes 2.2761% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than Astra, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Astra Microwave Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astra Microwave's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Astra Microwave Products, and traders can use it to determine the average amount a Astra Microwave'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 = -0.0889
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| Negative Returns | ASTRAMICRO |
Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Astra Microwave 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 Microwave by adding Astra Microwave to a well-diversified portfolio.
Astra Microwave Fundamentals Growth
Astra Stock prices reflect investors' perceptions of the future prospects and financial health of Astra Microwave, and Astra Microwave 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 | 0.15 | ||||
| Return On Asset | 0.0825 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 75 B | ||||
| Shares Outstanding | 94.94 M | ||||
| Price To Book | 7.43 X | ||||
| Price To Sales | 7.92 X | ||||
| Revenue | 9.09 B | ||||
| Gross Profit | 2.97 B | ||||
| EBITDA | 2.06 B | ||||
| Net Income | 1.21 B | ||||
| Cash And Equivalents | 560.71 M | ||||
| Total Debt | 2.38 B | ||||
| Book Value Per Share | 101.76 X | ||||
| Cash Flow From Operations | (1.82 B) | ||||
| Earnings Per Share | 14.38 X | ||||
| Total Asset | 14.74 B | ||||
| Retained Earnings | 5.86 B | ||||
About Astra Microwave Performance
By evaluating Astra Microwave's fundamental ratios, stakeholders can gain valuable insights into Astra Microwave's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Astra Microwave has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Astra Microwave has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Astra Microwave is entity of India. It is traded as Stock on NSE exchange.Things to note about Astra Microwave Products performance evaluation
Checking the ongoing alerts about Astra Microwave for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Astra Microwave Products help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Astra Microwave generated a negative expected return over the last 90 days | |
| Astra Microwave is unlikely to experience financial distress in the next 2 years | |
| Astra Microwave Products has accumulated about 560.71 M in cash with (1.82 B) of positive cash flow from operations. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Getting In Cheap On Astra Microwave Products Limited Is Unlikely - Simply Wall St |
- Analyzing Astra Microwave'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 Microwave's stock is overvalued or undervalued compared to its peers.
- Examining Astra Microwave'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 Microwave's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Astra Microwave's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Astra Microwave's stock. These opinions can provide insight into Astra Microwave's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Astra Stock analysis
When running Astra Microwave's price analysis, check to measure Astra Microwave's 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 Astra Microwave is operating at the current time. Most of Astra Microwave's value examination focuses on studying past and present price action to predict the probability of Astra Microwave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astra Microwave's price. Additionally, you may evaluate how the addition of Astra Microwave to your portfolios can decrease your overall portfolio volatility.
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