Astra Microwave (India) Today
ASTRAMICRO | 680.85 7.75 1.13% |
Performance2 of 100
| Odds Of DistressLess than 1
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Astra Microwave is trading at 680.85 as of the 6th of May 2024. This is a -1.13 percent decrease since the beginning of the trading day. The stock's open price was 688.6. Astra Microwave has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Astra Microwave Products are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 6th of May 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | Category Technology | Classification Information Technology |
Astra Microwave is entity of India. It is traded as Stock on NSE exchange. The company has 94.94 M outstanding shares. More on Astra Microwave Products
Moving together with Astra Stock
0.67 | 360ONE | 360 ONE WAM | PairCorr |
0.74 | JBCHEPHARM | JB Chemicals Pharmac | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Astra Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Astra Microwave's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Astra Microwave or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business Concentration | Communications Equipment, Technology Hardware & Equipment, Information Technology, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) | ||||
Astra Microwave's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Astra Microwave's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Astra Microwave's financial leverage. It provides some insight into what part of Astra Microwave's total assets is financed by creditors.
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Astra Microwave Products (ASTRAMICRO) is traded on National Stock Exchange of India in India and employs 1,101 people. Astra Microwave is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 63.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Astra Microwave's market, we take the total number of its shares issued and multiply it by Astra Microwave's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Astra Microwave Products operates under Communications Equipment sector and is part of Information Technology industry. The entity has 94.94 M outstanding shares.
Astra Microwave Products has accumulated about 560.71 M in cash with (254.71 M) of positive cash flow from operations.
Check Astra Microwave Probability Of Bankruptcy
Ownership AllocationAstra Microwave Products retains a total of 94.94 Million outstanding shares. Astra Microwave Products retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Astra Ownership Details
Astra Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Astra Microwave jumping above the current price in 90 days from now is about 14.93%. The Astra Microwave Products probability density function shows the probability of Astra Microwave stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Astra Microwave has a beta of 0.2202. This suggests as returns on the market go up, Astra Microwave average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Astra Microwave Products will be expected to be much smaller as well. Additionally, astra Microwave Products has an alpha of 0.3518, implying that it can generate a 0.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Astra Microwave to move above the current price in 90 days from now is about 14.93 (This Astra Microwave Products probability density function shows the probability of Astra Stock to fall within a particular range of prices over 90 days) .
Astra Microwave Products Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Astra Microwave market risk premium is the additional return an investor will receive from holding Astra Microwave 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 Astra Microwave. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Astra Microwave's alpha and beta are two of the key measurements used to evaluate Astra Microwave's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 2.08 | |||
Semi Deviation | 2.4 | |||
Standard Deviation | 2.99 | |||
Variance | 8.93 |
Astra Stock Against Markets
Picking the right benchmark for Astra Microwave stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Astra Microwave stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Astra Microwave is critical whether you are bullish or bearish towards Astra Microwave Products at a given time. Please also check how Astra Microwave's historical prices are related to one of the top price index indicators.
NYA | 0.93 | |||||
ASTRAMICRO | 1.13 |
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Our tools can tell you how much better you can do entering a position in Astra Microwave without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Astra Microwave Corporate Directors
Astra Microwave corporate directors refer to members of an Astra Microwave board of directors. The board of directors generally takes responsibility for the Astra Microwave's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Astra Microwave's board members must vote for the resolution. The Astra Microwave board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Maram MBA | Joint Director | Profile | |
Atim Kabra | Director Director | Profile | |
FCA BSc | MD Director | Profile | |
Prakash MTec | Founder Director | Profile |
How to buy Astra Stock?
Before investing in Astra Microwave, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Astra Microwave. To buy Astra Microwave stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Astra Microwave. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Astra Microwave stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Astra Microwave Products stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Astra Microwave Products stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Astra Microwave Products, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Astra Microwave Products?
The danger of trading Astra Microwave Products is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Astra Microwave is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Astra Microwave. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Astra Microwave Products is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astra Microwave Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Astra Microwave Products information on this page should be used as a complementary analysis to other Astra Microwave's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Astra Stock analysis
When running Astra Microwave's price analysis, check to measure Astra Microwave'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 Microwave is operating at the current time. Most of Astra Microwave's value examination focuses on studying past and present price action to predict the probability of Astra Microwave'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 Microwave's price. Additionally, you may evaluate how the addition of Astra Microwave to your portfolios can decrease your overall portfolio volatility.
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