Astra Energy Stock Market Value
| ASRE Stock | USD 0.11 0.01 8.33% |
| Symbol | Astra |
Astra Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Astra Energy's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Astra Energy.
| 12/11/2022 |
| 11/30/2024 |
If you would invest 0.00 in Astra Energy on December 11, 2022 and sell it all today you would earn a total of 0.00 from holding Astra Energy or generate 0.0% return on investment in Astra Energy over 720 days. Astra Energy is related to or competes with Altius Renewable, Brenmiller Energy, and Fortum Oyj. Astra Energy, Inc. engages in the electricity generation and transmission in the United States More
Astra Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Astra Energy's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Astra Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 29.0 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 10.0 |
Astra Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astra Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astra Energy's standard deviation. In reality, there are many statistical measures that can use Astra Energy historical prices to predict the future Astra Energy's volatility.| Risk Adjusted Performance | 0.0013 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (1.12) | |||
| Treynor Ratio | 0.1295 |
Astra Energy Backtested Returns
At this point, Astra Energy is out of control. Astra Energy secures Sharpe Ratio (or Efficiency) of 0.009, which signifies that the company had a 0.009% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Astra Energy, which you can use to evaluate the volatility of the firm. Please confirm Astra Energy's Risk Adjusted Performance of 0.0013, mean deviation of 4.15, and Standard Deviation of 6.29 to double-check if the risk estimate we provide is consistent with the expected return of 0.0566%. The firm shows a Beta (market volatility) of -0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Astra Energy are expected to decrease at a much lower rate. During the bear market, Astra Energy is likely to outperform the market. Astra Energy right now shows a risk of 6.31%. Please confirm Astra Energy skewness, as well as the relationship between the rate of daily change and relative strength index , to decide if Astra Energy will be following its price patterns.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Astra Energy has insignificant reverse predictability. Overlapping area represents the amount of predictability between Astra Energy time series from 11th of December 2022 to 6th of December 2023 and 6th of December 2023 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Astra Energy price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Astra Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Astra Energy lagged returns against current returns
Autocorrelation, which is Astra Energy otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Astra Energy's otc stock expected returns. We can calculate the autocorrelation of Astra Energy returns to help us make a trade decision. For example, suppose you find that Astra Energy has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Astra Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Astra Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astra Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astra Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Astra Energy Lagged Returns
When evaluating Astra Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astra Energy otc stock have on its future price. Astra Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Astra Energy autocorrelation shows the relationship between Astra Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Astra Energy.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Astra OTC Stock
Astra Energy financial ratios help investors to determine whether Astra OTC Stock 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 Energy security.