Astra Veda Stock Probability of Future Pink Sheet Price Finishing Over 2.32E-4
| ASTA Stock | USD 0.0002 0.0001 33.33% |
Astra |
Astra Veda Target Price Odds to finish over 2.32E-4
The tendency of Astra Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 0.0002 or more in 90 days |
| 0.0002 | 90 days | 0.0002 | about 91.5 |
Based on a normal probability distribution, the odds of Astra Veda to move over $ 0.0002 or more in 90 days from now is about 91.5 (This Astra Veda probability density function shows the probability of Astra Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Astra Veda price to stay between its current price of $ 0.0002 and $ 0.0002 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.21 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Astra Veda will likely underperform. Additionally Astra Veda has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Astra Veda Price Density |
| Price |
Predictive Modules for Astra Veda
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Astra Veda. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Astra Veda's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Astra Veda Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Astra Veda is not an exception. The market had few large corrections towards the Astra Veda's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Astra Veda, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Astra Veda within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 1.21 | |
σ | Overall volatility | 0.0001 | |
Ir | Information ratio | -0.006 |
Astra Veda Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Astra Veda for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Astra Veda can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Astra Veda had very high historical volatility over the last 90 days | |
| Astra Veda has some characteristics of a very speculative penny stock | |
| Astra Veda has high likelihood to experience some financial distress in the next 2 years | |
| Astra Veda currently holds 459.49 K in liabilities. Astra Veda has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Astra Veda until it has trouble settling it off, either with new capital or with free cash flow. So, Astra Veda's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Astra Veda sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Astra to invest in growth at high rates of return. When we think about Astra Veda's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 16.1 K. Net Loss for the year was (537.69 K) with loss before overhead, payroll, taxes, and interest of (7.98 K). | |
| Astra Veda currently holds about 16.41 K in cash with (235.14 K) of positive cash flow from operations. |
Astra Veda Technical Analysis
Astra Veda's future price can be derived by breaking down and analyzing its technical indicators over time. Astra Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Astra Veda. In general, you should focus on analyzing Astra Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Astra Veda Predictive Forecast Models
Astra Veda's time-series forecasting models is one of many Astra Veda's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Astra Veda's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Astra Veda
Checking the ongoing alerts about Astra Veda for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Astra Veda help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Astra Veda had very high historical volatility over the last 90 days | |
| Astra Veda has some characteristics of a very speculative penny stock | |
| Astra Veda has high likelihood to experience some financial distress in the next 2 years | |
| Astra Veda currently holds 459.49 K in liabilities. Astra Veda has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Astra Veda until it has trouble settling it off, either with new capital or with free cash flow. So, Astra Veda's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Astra Veda sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Astra to invest in growth at high rates of return. When we think about Astra Veda's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 16.1 K. Net Loss for the year was (537.69 K) with loss before overhead, payroll, taxes, and interest of (7.98 K). | |
| Astra Veda currently holds about 16.41 K in cash with (235.14 K) of positive cash flow from operations. |
Other Information on Investing in Astra Pink Sheet
Astra Veda financial ratios help investors to determine whether Astra Pink Sheet 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 Veda security.