Astra Exploration Stock Probability of Future Stock Price Finishing Over 0.13
| ASTR Stock | 0.13 0.01 7.14% |
Astra |
Astra Exploration Target Price Odds to finish over 0.13
The tendency of Astra Stock 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 above the current price in 90 days |
| 0.13 | 90 days | 0.13 | about 15.49 |
Based on a normal probability distribution, the odds of Astra Exploration to move above the current price in 90 days from now is about 15.49 (This Astra Exploration probability density function shows the probability of Astra Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Astra Exploration has a beta of 0.63. This suggests as returns on the market go up, Astra Exploration average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Astra Exploration will be expected to be much smaller as well. Additionally Astra Exploration has an alpha of 0.9417, implying that it can generate a 0.94 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Astra Exploration Price Density |
| Price |
Predictive Modules for Astra Exploration
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 Exploration. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Astra Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Astra Exploration is not an exception. The market had few large corrections towards the Astra Exploration'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 Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Astra Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.94 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.11 |
Astra Exploration 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 Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Astra Exploration 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 Exploration is way too risky over 90 days horizon | |
| Astra Exploration has some characteristics of a very speculative penny stock | |
| Astra Exploration appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.2 M) with loss before overhead, payroll, taxes, and interest of (197.92 K). | |
| Astra Exploration generates negative cash flow from operations | |
| About 31.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Michael Gentile tops up stake in Astra Exploration - MSN |
Astra Exploration Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Astra Stock often depends not only on the future outlook of the current and potential Astra Exploration's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Astra Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.7 M | |
| Shares Float | 19.9 M |
Astra Exploration Technical Analysis
Astra Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Astra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Astra Exploration. In general, you should focus on analyzing Astra Stock price patterns and their correlations with different microeconomic environments and drivers.
Astra Exploration Predictive Forecast Models
Astra Exploration's time-series forecasting models is one of many Astra Exploration's stock 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 Exploration'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 stock market movement and maximize returns from investment trading.
Things to note about Astra Exploration
Checking the ongoing alerts about Astra Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Astra Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Astra Exploration is way too risky over 90 days horizon | |
| Astra Exploration has some characteristics of a very speculative penny stock | |
| Astra Exploration appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.2 M) with loss before overhead, payroll, taxes, and interest of (197.92 K). | |
| Astra Exploration generates negative cash flow from operations | |
| About 31.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Michael Gentile tops up stake in Astra Exploration - MSN |
Additional Tools for Astra Stock Analysis
When running Astra Exploration's price analysis, check to measure Astra Exploration'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 Exploration is operating at the current time. Most of Astra Exploration's value examination focuses on studying past and present price action to predict the probability of Astra Exploration'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 Exploration's price. Additionally, you may evaluate how the addition of Astra Exploration to your portfolios can decrease your overall portfolio volatility.