Star Bulk Carriers Stock Probability of Future Stock Price Finishing Under 18.97
| SBLK Stock | USD 18.63 0.08 0.43% |
Star |
Star Bulk Target Price Odds to finish below 18.97
The tendency of Star Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 18.97 after 90 days |
| 18.63 | 90 days | 18.97 | about 8.91 |
Based on a normal probability distribution, the odds of Star Bulk to stay under $ 18.97 after 90 days from now is about 8.91 (This Star Bulk Carriers probability density function shows the probability of Star Stock to fall within a particular range of prices over 90 days) . Probability of Star Bulk Carriers price to stay between its current price of $ 18.63 and $ 18.97 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days Star Bulk has a beta of 0.74. This usually implies as returns on the market go up, Star Bulk average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Star Bulk Carriers will be expected to be much smaller as well. Additionally Star Bulk Carriers has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Star Bulk Price Density |
| Price |
Predictive Modules for Star Bulk
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 Bulk Carriers. 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 Bulk Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Star Bulk is not an exception. The market had few large corrections towards the Star Bulk's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Star Bulk Carriers, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Star Bulk within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 1.29 | |
Ir | Information ratio | -0.13 |
Star Bulk Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Star Bulk for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Star Bulk Carriers can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Star Bulk Carriers generated a negative expected return over the last 90 days | |
| Latest headline from gurufocus.com: Star Bulk Carriers Corp Q3 2024 Earnings Call Highlights Strong Financial Performance ... |
Star Bulk Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Star Stock often depends not only on the future outlook of the current and potential Star Bulk'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 Bulk's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 98.9 M | |
| Cash And Short Term Investments | 259.7 M |
Star Bulk Technical Analysis
Star Bulk's future price can be derived by breaking down and analyzing its technical indicators over time. Star Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Star Bulk Carriers. In general, you should focus on analyzing Star Stock price patterns and their correlations with different microeconomic environments and drivers.
Star Bulk Predictive Forecast Models
Star Bulk's time-series forecasting models is one of many Star Bulk's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Star Bulk's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Star Bulk Carriers
Checking the ongoing alerts about Star Bulk for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Star Bulk Carriers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Star Bulk Carriers generated a negative expected return over the last 90 days | |
| Latest headline from gurufocus.com: Star Bulk Carriers Corp Q3 2024 Earnings Call Highlights Strong Financial Performance ... |
Check out Star Bulk Backtesting, Star Bulk Valuation, Star Bulk Correlation, Star Bulk Hype Analysis, Star Bulk Volatility, Star Bulk History as well as Star Bulk Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Star Bulk. If investors know Star will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Star Bulk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.163 | Earnings Share 2.93 | Revenue Per Share 11.52 | Quarterly Revenue Growth 0.478 | Return On Assets 0.0562 |
The market value of Star Bulk Carriers is measured differently than its book value, which is the value of Star that is recorded on the company's balance sheet. Investors also form their own opinion of Star Bulk's value that differs from its market value or its book value, called intrinsic value, which is Star Bulk's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Star Bulk's market value can be influenced by many factors that don't directly affect Star Bulk's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Star Bulk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Bulk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Bulk's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.