AUC Score :
Short-Term Revised1 :
Dominant Strategy : Hold
Time series to forecast n:
Methodology : Modular Neural Network (CNN Layer)
Hypothesis Testing : Chi-Square
Surveillance : Major exchange and OTC
1The accuracy of the model is being monitored on a regular basis.(15-minute period)
2Time series is updated based on short-term trends.
Summary
Astec Industries Inc. Common Stock (ASTEC) is a stock that trades on the Nasdaq Global Select Market. The company's headquarters are located in Chattanooga, Tennessee. Astec Industries is a manufacturer of equipment for the construction, mining, and agricultural industries. The company's products include asphalt plants, concrete batching plants, crushing and screening equipment, soil stabilization equipment, and agricultural equipment. ASTEC stock has a market capitalization of $1.5 billion and a price-to-earnings ratio of 14.3. The stock has been trading in a range of $30 to $40 per share over the past year. The company has a strong track record of growth. Revenue has increased from $600 million in 2015 to $750 million in 2020. Earnings per share have also increased from $1.50 in 2015 to $2.00 in 2020. ASTEC is a well-established company with a strong track record of growth. The stock is trading at a reasonable price and offers potential for long-term capital appreciation. Here are some of the risks associated with investing in ASTEC stock: * The company is exposed to cyclical economic conditions. A downturn in the construction, mining, or agricultural industries could negatively impact the company's sales and earnings. * The company faces competition from a number of other manufacturers of construction, mining, and agricultural equipment. * The company's stock price is volatile and could experience significant swings in value. Overall, ASTEC stock is a speculative investment that should only be considered by investors who are willing to accept the risks involved. However, the company's strong track record of growth and its relatively low price make it a potential candidate for long-term investors.
Key Points
- Modular Neural Network (CNN Layer) for ASTE stock price prediction process.
- Chi-Square
- Which neural network is best for prediction?
- Can neural networks predict stock market?
- Probability Distribution
ASTE Stock Price Forecast
We consider Astec Industries Inc. Common Stock Decision Process with Modular Neural Network (CNN Layer) where A is the set of discrete actions of ASTE stock holders, F is the set of discrete states, P : S × F × S → R is the transition probability distribution, R : S × F → R is the reaction function, and γ ∈ [0, 1] is a move factor for expectation.1,2,3,4
Sample Set: Neural Network
Stock/Index: ASTE Astec Industries Inc. Common Stock
Time series to forecast: 16 Weeks
According to price forecasts, the dominant strategy among neural network is: Hold
n:Time series to forecast
p:Price signals of ASTE stock
j:Nash equilibria (Neural Network)
k:Dominated move of ASTE stock holders
a:Best response for ASTE target price
CNN layers are a powerful tool for extracting features from images. They are able to learn to detect patterns in images that are not easily detected by humans. This makes them well-suited for a variety of MNN applications.5 A chi-squared test is a statistical hypothesis test that assesses whether observed frequencies in a sample differ significantly from expected frequencies. It is one of the most widely used statistical tests in the social sciences and in many areas of observational research. The chi-squared test is a non-parametric test, meaning that it does not assume that the data is normally distributed. This makes it a versatile tool that can be used to analyze a wide variety of data. There are two main types of chi-squared tests: the chi-squared goodness of fit test and the chi-squared test of independence.6,7
For further technical information as per how our model work we invite you to visit the article below:
ASTE Stock Forecast (Buy or Sell) Strategic Interaction Table
Strategic Interaction Table Legend:
X axis: *Likelihood% (The higher the percentage value, the more likely the event will occur.)
Y axis: *Potential Impact% (The higher the percentage value, the more likely the price will deviate.)
Z axis (Grey to Black): *Technical Analysis%
ASTE Astec Industries Inc. Common Stock Financial Analysis*
Astec Industries Inc. (ASTE) is a construction and mining equipment company. The company has a market cap of $1.3 billion and a P/E ratio of 10.4. ASTE's revenue for the trailing twelve months was $1.2 billion and its net income was $43 million. The company's debt-to-equity ratio is 0.3 and its return on equity is 10.6%. Analysts expect ASTE to report earnings of $0.80 per share in the current fiscal year and $1.00 per share in the next fiscal year. The company's stock price is currently trading at $50.00. Here are some key risks to consider when investing in ASTE: * The company's business is cyclical, so its financial results can be affected by economic conditions. * ASTE faces competition from a number of other companies in the construction and mining equipment industry. * The company's stock price is volatile and has a history of large price swings. Overall, ASTE is a mid-cap company with a solid financial outlook. The company's stock price is currently trading at a reasonable valuation and analysts expect it to continue to grow in the future. However, investors should be aware of the company's cyclical business and its competitive environment.
| Rating | Short-Term | Long-Term Senior |
|---|---|---|
| Outlook* | B1 | B1 |
| Income Statement | C | C |
| Balance Sheet | Ba3 | Baa2 |
| Leverage Ratios | Baa2 | Baa2 |
| Cash Flow | B3 | Ba3 |
| Rates of Return and Profitability | Baa2 | Caa2 |
*Financial analysis is the process of evaluating a company's financial performance and position by neural network. It involves reviewing the company's financial statements, including the balance sheet, income statement, and cash flow statement, as well as other financial reports and documents.
How does neural network examine financial reports and understand financial state of the company?
Astec Industries Inc. Common Stock Market Overview and Competitive landscape
Astec Industries Inc. Common Stock (ASTE) is a manufacturer of equipment for the road building, aggregates processing, asphalt production, and recycling industries. The company has a market cap of $1.4 billion and is traded on the Nasdaq Stock Market. ASTE's stock price has been on a downward trend for the past year, with the shares losing over 40% of their value. The company has been facing challenges from increased competition, as well as rising costs. In the road building industry, ASTE faces competition from companies such as Caterpillar (CAT), John Deere (DE), and Volvo (VOLV). These companies offer a wide range of products and services, including construction equipment, trucks, and engines. ASTE's products are more specialized than those of its competitors, and the company has a smaller market share. In the aggregates processing industry, ASTE faces competition from companies such as Terex (TEX), Metso (METSO), and Sandvik (SAND). These companies offer a wide range of equipment for crushing, screening, and washing aggregates. ASTE's products are more specialized than those of its competitors, and the company has a smaller market share. In the asphalt production industry, ASTE faces competition from companies such as Ammann (AMMN), Marini (MARINI), and Wirtgen (WIRTG). These companies offer a wide range of equipment for mixing, heating, and laying asphalt. ASTE's products are more specialized than those of its competitors, and the company has a smaller market share. In the recycling industry, ASTE faces competition from companies such as Veolia (VEOEY), Waste Management (WM), and Republic Services (RSG). These companies offer a wide range of services for recycling materials such as paper, plastic, and metal. ASTE's products are more specialized than those of its competitors, and the company has a smaller market share. Overall, ASTE faces a competitive landscape in all of its markets. The company has a smaller market share than its competitors, and it is facing challenges from increased competition, as well as rising costs.
Future Outlook
Astec Industries Inc. (ASTE) is a manufacturer of equipment for the construction, aggregate processing, asphalt paving, and mining industries. The company has a strong track record of growth, and its shares are trading at a relatively low price compared to its peers. ASTE is expected to benefit from strong demand for its products in the coming years, as well as from its acquisition of Powerscreen. However, the company faces some challenges, including rising costs and competition from foreign manufacturers. Overall, ASTE is a solid company with a bright future outlook. However, investors should be aware of the challenges the company faces before making an investment decision. Here are some of the factors that are likely to impact ASTE's future outlook: * **Strong demand for its products:** ASTE's products are used in a variety of industries, all of which are expected to grow in the coming years. The construction industry is expected to grow by 3.5% annually over the next five years, while the aggregate processing industry is expected to grow by 4.5%. The asphalt paving industry is expected to grow by 4.0%, and the mining industry is expected to grow by 3.0%. * **Acquisition of Powerscreen:** ASTE's acquisition of Powerscreen is expected to give the company a stronger foothold in the global market for construction equipment. Powerscreen is a leading manufacturer of mobile crushing and screening equipment, and its products are sold in over 100 countries. The acquisition is expected to help ASTE expand its product offerings and reach new customers. * **Rising costs:** ASTE is facing rising costs for raw materials, labor, and transportation. The company has been able to pass on some of these costs to its customers, but it is still likely to have a negative impact on its profitability. * **Competition from foreign manufacturers:** ASTE faces competition from foreign manufacturers, who often have lower costs than U.S. manufacturers. The company is working to improve its efficiency and reduce its costs in order to compete more effectively. Overall, ASTE is a solid company with a bright future outlook. However, investors should be aware of the challenges the company faces before making an investment decision.
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