Starbox Group Holdings Stock Probability of Future Stock Price Finishing Over 2.43
| STBX Stock | USD 1.21 0.03 2.42% |
Starbox |
Starbox Group Target Price Odds to finish over 2.43
The tendency of Starbox 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 move over $ 2.43 or more in 90 days |
| 1.21 | 90 days | 2.43 | about 18.11 |
Based on a normal probability distribution, the odds of Starbox Group to move over $ 2.43 or more in 90 days from now is about 18.11 (This Starbox Group Holdings probability density function shows the probability of Starbox Stock to fall within a particular range of prices over 90 days) . Probability of Starbox Group Holdings price to stay between its current price of $ 1.21 and $ 2.43 at the end of the 90-day period is about 78.29 .
Given the investment horizon of 90 days Starbox Group has a beta of 0.18. This usually implies as returns on the market go up, Starbox Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Starbox Group Holdings will be expected to be much smaller as well. Additionally Starbox Group Holdings 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. Starbox Group Price Density |
| Price |
Predictive Modules for Starbox Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Starbox Group 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.Starbox Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Starbox Group is not an exception. The market had few large corrections towards the Starbox Group'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 Starbox Group Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Starbox Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.82 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | -0.11 |
Starbox Group 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 Starbox Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Starbox Group Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Starbox Group generated a negative expected return over the last 90 days | |
| Starbox Group has high historical volatility and very poor performance | |
| Starbox Group may become a speculative penny stock | |
| Starbox Group Holdings currently holds about 2.36 M in cash with (11.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Starbox Group has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Starbox Group Facilitates Major Software Acquisition - Nasdaq |
Starbox Group 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 Starbox Stock often depends not only on the future outlook of the current and potential Starbox Group'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. Starbox Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 56.5 M | |
| Cash And Short Term Investments | 2.7 M |
Starbox Group Technical Analysis
Starbox Group's future price can be derived by breaking down and analyzing its technical indicators over time. Starbox Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Starbox Group Holdings. In general, you should focus on analyzing Starbox Stock price patterns and their correlations with different microeconomic environments and drivers.
Starbox Group Predictive Forecast Models
Starbox Group's time-series forecasting models is one of many Starbox Group'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 Starbox Group'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 Starbox Group Holdings
Checking the ongoing alerts about Starbox Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Starbox Group Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Starbox Group generated a negative expected return over the last 90 days | |
| Starbox Group has high historical volatility and very poor performance | |
| Starbox Group may become a speculative penny stock | |
| Starbox Group Holdings currently holds about 2.36 M in cash with (11.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Starbox Group has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Starbox Group Facilitates Major Software Acquisition - Nasdaq |
Additional Tools for Starbox Stock Analysis
When running Starbox Group's price analysis, check to measure Starbox Group'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 Starbox Group is operating at the current time. Most of Starbox Group's value examination focuses on studying past and present price action to predict the probability of Starbox Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Starbox Group's price. Additionally, you may evaluate how the addition of Starbox Group to your portfolios can decrease your overall portfolio volatility.