Star Equity Stock Forecast - Naive Prediction
| STRR Stock | USD 10.65 0.03 0.28% |
The Naive Prediction forecasted value of Star Equity Holdings on the next trading day is expected to be 10.83 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.66. Star Stock Forecast is based on your current time horizon. Although Star Equity's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Star Equity's systematic risk associated with finding meaningful patterns of Star Equity fundamentals over time.
As of today, the RSI of Star Equity's share price is approaching 48. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Star Equity, making its price go up or down. Momentum 48
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.22) | EPS Estimate Next Quarter 0.09 | EPS Estimate Current Year (0.10) | EPS Estimate Next Year 0.89 | Wall Street Target Price 17 |
Using Star Equity hype-based prediction, you can estimate the value of Star Equity Holdings from the perspective of Star Equity response to recently generated media hype and the effects of current headlines on its competitors.
Star Equity Holdings Hype to Price Pattern
Investor biases related to Star Equity's public news can be used to forecast risks associated with an investment in Star. The trend in average sentiment can be used to explain how an investor holding Star can time the market purely based on public headlines and social activities around Star Equity Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
The Naive Prediction forecasted value of Star Equity Holdings on the next trading day is expected to be 10.83 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.66.
Star Equity after-hype prediction price | USD 10.65 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Star Equity to cross-verify your projections. Star Equity Additional Predictive Modules
Most predictive techniques to examine Star price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Star using various technical indicators. When you analyze Star charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Star Equity Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Star Equity's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 2004-03-31 | Previous Quarter 16.6 M | Current Value 15.4 M | Quarterly Volatility 8.4 M |
Star Equity Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of Star Equity Holdings on the next trading day is expected to be 10.83 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.66.Please note that although there have been many attempts to predict Star Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Star Equity's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Star Equity Stock Forecast Pattern
| Backtest Star Equity | Star Equity Price Prediction | Buy or Sell Advice |
Star Equity Forecasted Value
In the context of forecasting Star Equity's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Star Equity's downside and upside margins for the forecasting period are 8.23 and 13.42, respectively. We have considered Star Equity's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Star Equity stock data series using in forecasting. Note that when a statistical model is used to represent Star Equity stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 114.8438 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1584 |
| MAPE | Mean absolute percentage error | 0.015 |
| SAE | Sum of the absolute errors | 9.6625 |
Predictive Modules for Star Equity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Star Equity Holdings. 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.Star Equity After-Hype Price Prediction Density Analysis
As far as predicting the price of Star Equity at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Star Equity or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Star Equity, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Star Equity Estimiated After-Hype Price Volatility
In the context of predicting Star Equity's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Star Equity's historical news coverage. Star Equity's after-hype downside and upside margins for the prediction period are 8.08 and 13.22, respectively. We have considered Star Equity's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Star Equity is not too volatile at this time. Analysis and calculation of next after-hype price of Star Equity Holdings is based on 3 months time horizon.
Star Equity Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Star Equity is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Star Equity backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Star Equity, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.01 | 2.59 | 0.00 | 0.00 | 8 Events / Month | 6 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
10.65 | 10.65 | 0.00 |
|
Star Equity Hype Timeline
Star Equity Holdings is at this time traded for 10.65. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Star is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at -0.01%. %. The volatility of related hype on Star Equity is about 2312.5%, with the expected price after the next announcement by competition of 10.65. About 35.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Star Equity Holdings has Price/Earnings To Growth (PEG) ratio of 2.03. The entity recorded a loss per share of 1.59. The firm last dividend was issued on the 10th of June 2016. Star Equity had 1:10 split on the 11th of June 2019. Given the investment horizon of 90 days the next projected press release will be in about 8 days. Check out Historical Fundamental Analysis of Star Equity to cross-verify your projections.Star Equity Related Hype Analysis
Having access to credible news sources related to Star Equity's direct competition is more important than ever and may enhance your ability to predict Star Equity's future price movements. Getting to know how Star Equity's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Star Equity may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NOTV | Inotiv Inc | 0.01 | 7 per month | 0.00 | (0.16) | 7.41 | (7.95) | 39.39 | |
| BIAF | bioAffinity Technologies | 0.11 | 7 per month | 0.00 | (0.22) | 6.52 | (9.13) | 18.89 | |
| NMTC | Neuroone Medical Technologies | 0.01 | 9 per month | 3.82 | 0.02 | 9.59 | (6.85) | 23.46 | |
| YI | 111 Inc | 0.03 | 8 per month | 4.10 | 0.07 | 8.07 | (8.04) | 47.07 | |
| ECOR | Electrocore LLC | (0.34) | 9 per month | 3.31 | 0.11 | 10.17 | (5.94) | 30.74 | |
| DYAI | Dyadic International | (0.07) | 10 per month | 0.00 | (0.07) | 7.27 | (6.32) | 16.34 | |
| LIMN | Liminatus Pharma Class | 0.06 | 7 per month | 0.00 | (0.04) | 10.11 | (10.98) | 53.06 | |
| BDSX | Biodesix | 0.02 | 8 per month | 4.93 | 0.12 | 19.87 | (9.42) | 61.04 | |
| PRPO | Precipio | (0.99) | 7 per month | 2.93 | 0.11 | 8.82 | (6.25) | 28.20 | |
| ELUT | Elutia Inc | 0.04 | 6 per month | 4.88 | 0.04 | 9.52 | (7.27) | 32.08 |
Other Forecasting Options for Star Equity
For every potential investor in Star, whether a beginner or expert, Star Equity's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Star Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Star. Basic forecasting techniques help filter out the noise by identifying Star Equity's price trends.Star Equity Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Star Equity stock to make a market-neutral strategy. Peer analysis of Star Equity could also be used in its relative valuation, which is a method of valuing Star Equity by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Star Equity Market Strength Events
Market strength indicators help investors to evaluate how Star Equity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Star Equity shares will generate the highest return on investment. By undertsting and applying Star Equity stock market strength indicators, traders can identify Star Equity Holdings entry and exit signals to maximize returns.
Star Equity Risk Indicators
The analysis of Star Equity's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Star Equity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting star stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.73 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.14 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Star Equity
The number of cover stories for Star Equity depends on current market conditions and Star Equity's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Star Equity is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Star Equity's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
Star Equity Short Properties
Star Equity's future price predictability will typically decrease when Star Equity's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Star Equity Holdings often depends not only on the future outlook of the potential Star Equity'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. Star Equity's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.1 M | |
| Cash And Short Term Investments | 17 M |
Additional Tools for Star Stock Analysis
When running Star Equity's price analysis, check to measure Star Equity'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 Star Equity is operating at the current time. Most of Star Equity's value examination focuses on studying past and present price action to predict the probability of Star Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Equity's price. Additionally, you may evaluate how the addition of Star Equity to your portfolios can decrease your overall portfolio volatility.