Astra Space Stock Performance
| ASTR Stock | USD 0.62 0.01 1.59% |
On a scale of 0 to 100, Astra Space holds a performance score of 4. The firm shows a Beta (market volatility) of 0.64, 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. Please check Astra Space's jensen alpha and accumulation distribution , to make a quick decision on whether Astra Space's price patterns will revert.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Astra Space are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Astra Space reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:15 | Last Split Date 2023-09-14 |
1 | ASTRA SPACE INVESTOR ALERT by the Former Attorney General of Louisiana Kahn Swick Foti, LLC Investigates ... - Marketscreener.com | 03/14/2024 |
2 | Discretionary transaction by Morcos Alexander of 1732673 shares of Astra Space at 0.808 subject to Rule 16b-3 | 03/18/2024 |
3 | Discretionary transaction by Karkar Andrei of tradable shares of Astra Space subject to Rule 16b-3 | 03/25/2024 |
4 | Astra Space Will Have To Spend Its Cash Wisely - Yahoo Movies UK | 04/02/2024 |
5 | Disposition of 13834 shares by Adam London of Astra Space at 1.3705 subject to Rule 16b-3 | 04/19/2024 |
6 | Disposition of 41503 shares by Benjamin Lyon of Astra Space at 1.3705 subject to Rule 16b-3 | 05/03/2024 |
7 | Space Race Superstars 3 Stocks Reaching for the Stars and Beyond | 05/15/2024 |
8 | Disposition of 203 shares by Adam London of Astra Space at 0.61 subject to Rule 16b-3 | 05/16/2024 |
9 | ASTR Stock Earnings Astra Space Reported Results for Q1 2024 | 05/30/2024 |
10 | Astra Space prepares for delisting after merger agreement | 06/05/2024 |
| Begin Period Cash Flow | 33.6 M |
Astra |
Astra Space Relative Risk vs. Return Landscape
If you would invest 57.00 in Astra Space on March 8, 2024 and sell it today you would earn a total of 6.00 from holding Astra Space or generate 10.53% return on investment over 90 days. Astra Space is currently generating 0.2533% in daily expected returns and assumes 4.4099% risk (volatility on return distribution) over the 90 days horizon. In different words, 39% of stocks are less volatile than Astra, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
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 = 0.0574
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Estimated Market Risk
| 4.41 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Astra Space is performing at about 4% of its full potential. 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 it 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 | 45.1 M | |||
| Shares Outstanding | 19.01 M | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 3.52 X | |||
| Revenue | 3.87 M | |||
| Gross Profit | (20.16 M) | |||
| EBITDA | (139.06 M) | |||
| Net Income | (178.38 M) | |||
| Cash And Equivalents | 200.68 M | |||
| Cash Per Share | 0.76 X | |||
| Total Debt | 73.38 M | |||
| Debt To Equity | 0.03 % | |||
| Current Ratio | 3.45 X | |||
| Book Value Per Share | (1.48) X | |||
| Cash Flow From Operations | (103.27 M) | |||
| Earnings Per Share | (6.33) X | |||
| Market Capitalization | 14.31 M | |||
| Total Asset | 77.42 M | |||
| Retained Earnings | (2 B) | |||
| Working Capital | (99.83 M) | |||
About Astra Space Performance
To evaluate Astra Space Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Astra Space generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Astra Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Astra Space market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Astra's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 690.44 | 724.96 | |
| Return On Tangible Assets | (2.57) | (2.69) | |
| Return On Capital Employed | 2.70 | 2.83 | |
| Return On Assets | (2.30) | (2.42) | |
| Return On Equity | 2.36 | 2.48 |
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 has some characteristics of a very speculative penny stock | |
| Astra Space had very high historical volatility over the last 90 days | |
| 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. | |
| Astra Space has a poor financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Astra Space prepares for delisting after merger agreement |
- 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.
Additional Tools for Astra Stock Analysis
When running Astra Space's price analysis, check to measure Astra Space'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 Space is operating at the current time. Most of Astra Space's value examination focuses on studying past and present price action to predict the probability of Astra Space'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 Space's price. Additionally, you may evaluate how the addition of Astra Space to your portfolios can decrease your overall portfolio volatility.