Astrotech Corp Stock Alpha and Beta Analysis
| ASTC Stock | USD 7.62 0.08 1.04% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Astrotech Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Astrotech Corp over a specified time horizon. Remember, high Astrotech Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Astrotech Corp's market risk premium analysis include:
Beta (0.07) | Alpha (0.55) | Risk 3.71 | Sharpe Ratio (0.15) | Expected Return (0.57) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Astrotech |
Astrotech Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Astrotech Corp market risk premium is the additional return an investor will receive from holding Astrotech Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Astrotech Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Astrotech Corp's performance over market.| α | -0.55 | β | -0.07 |
Astrotech Corp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Astrotech Corp's Buy-and-hold return. Our buy-and-hold chart shows how Astrotech Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Astrotech Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Astrotech Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Astrotech Corp shares will generate the highest return on investment. By understating and applying Astrotech Corp stock market price indicators, traders can identify Astrotech Corp position entry and exit signals to maximize returns.
Astrotech Corp Return and Market Media
The median price of Astrotech Corp for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 8.1 with a coefficient of variation of 15.16. The daily time series for the period is distributed with a sample standard deviation of 1.25, arithmetic mean of 8.23, and mean deviation of 0.83. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Astrotech Co. Short Interest Update - Defense World | 09/18/2024 |
2 | Acquisition by Russler Daniel T Jr of 15071 shares of Astrotech Corp at 26375.0 subject to Rule 16b-3 | 10/22/2024 |
3 | Astrotech stock hits 52-week low at 6.87 amid market challenges - Investing.com UK | 11/04/2024 |
4 | Astrotech Reports First Quarter of Fiscal Year 2025 Financial Results | 11/12/2024 |
5 | Astrotech Corporation Reports Earnings Results for the First Quarter Ended September 30, 2024 - Marketscreener.com | 11/14/2024 |
6 | Acquisition by Becker James Frank of tradable shares of Astrotech Corp at 10.71 subject to Rule 16b-3 | 11/25/2024 |
About Astrotech Corp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Astrotech or other stocks. Alpha measures the amount that position in Astrotech Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.01 | 0.81 | 2.45 | 11.59 | Days Of Inventory On Hand | 818.42 | 1.6K | 989.06 | 1.0K |
Astrotech Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Astrotech Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Astrotech Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Astrotech Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Astrotech Corp. Please utilize our Beneish M Score to check the likelihood of Astrotech Corp's management manipulating its earnings.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Astrotech Corp Backtesting, Astrotech Corp Valuation, Astrotech Corp Correlation, Astrotech Corp Hype Analysis, Astrotech Corp Volatility, Astrotech Corp History and analyze Astrotech Corp Performance. For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Astrotech Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.