Astral (India) Market Value
| ASTRAL Stock | 1,501 5.90 0.39% |
| Symbol | Astral |
Astral '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 Astral's 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 Astral.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Astral on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Astral Limited or generate 0.0% return on investment in Astral over 90 days. Astral is related to or competes with Punjab National, CSB Bank, Ortel Communications, Datamatics Global, Max Financial, Karur Vysya, and AU Small. Astral is entity of India. It is traded as Stock on NSE exchange. More
Astral 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 Astral's 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 Astral Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.0451 | |||
| Maximum Drawdown | 8.53 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 3.57 |
Astral Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astral's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astral's standard deviation. In reality, there are many statistical measures that can use Astral historical prices to predict the future Astral's volatility.| Risk Adjusted Performance | 0.1226 | |||
| Jensen Alpha | 0.2848 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0478 | |||
| Treynor Ratio | (0.43) |
Astral Limited Backtested Returns
At this point, Astral is very steady. Astral Limited secures Sharpe Ratio (or Efficiency) of 0.0685, which signifies that the company had a 0.0685 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Astral Limited, which you can use to evaluate the volatility of the firm. Please confirm Astral's Mean Deviation of 1.35, downside deviation of 1.69, and Risk Adjusted Performance of 0.1226 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Astral has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Astral are expected to decrease at a much lower rate. During the bear market, Astral is likely to outperform the market. Astral Limited right now shows a risk of 1.76%. Please confirm Astral Limited semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Astral Limited will be following its price patterns.
Auto-correlation | -0.49 |
Modest reverse predictability
Astral Limited has modest reverse predictability. Overlapping area represents the amount of predictability between Astral time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Astral Limited price movement. The serial correlation of -0.49 indicates that about 49.0% of current Astral price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 564.92 |
Astral Limited lagged returns against current returns
Autocorrelation, which is Astral 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 Astral's stock expected returns. We can calculate the autocorrelation of Astral returns to help us make a trade decision. For example, suppose you find that Astral has exhibited high autocorrelation historically, and you observe that the 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 |
Astral 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 Astral stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astral stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astral stock over time.
Current vs Lagged Prices |
| Timeline |
Astral Lagged Returns
When evaluating Astral's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astral stock have on its future price. Astral 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, Astral autocorrelation shows the relationship between Astral stock current value and its past values and can show if there is a momentum factor associated with investing in Astral Limited.
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 Astral Stock
Astral financial ratios help investors to determine whether Astral 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 Astral with respect to the benefits of owning Astral security.