Star Royalties Stock Probability of Future OTC Stock Price Finishing Over 0.2
| STRFF Stock | USD 0.20 0.01 4.76% |
Star |
Star Royalties Target Price Odds to finish over 0.2
The tendency of Star OTC 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 above the current price in 90 days |
| 0.20 | 90 days | 0.20 | about 75.94 |
Based on a normal probability distribution, the odds of Star Royalties to move above the current price in 90 days from now is about 75.94 (This Star Royalties probability density function shows the probability of Star OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Star Royalties has a beta of -0.13. This usually implies as returns on the benchmark increase, returns on holding Star Royalties are expected to decrease at a much lower rate. During a bear market, however, Star Royalties is likely to outperform the market. Additionally Star Royalties has an alpha of 0.0656, implying that it can generate a 0.0656 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Star Royalties Price Density |
| Price |
Predictive Modules for Star Royalties
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 Royalties. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Royalties Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Star Royalties is not an exception. The market had few large corrections towards the Star Royalties' 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 Royalties, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Star Royalties within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.01 |
Star Royalties 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 Royalties for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Star Royalties 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 Royalties generated a negative expected return over the last 90 days | |
| Star Royalties has some characteristics of a very speculative penny stock | |
| Star Royalties has high historical volatility and very poor performance | |
| Star Royalties has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 691.62 K. Net Loss for the year was (2.67 M) with profit before overhead, payroll, taxes, and interest of 691.62 K. | |
| Star Royalties has accumulated about 2.45 M in cash with (1.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 22.0% of the company outstanding shares are owned by corporate insiders |
Star Royalties 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 OTC Stock often depends not only on the future outlook of the current and potential Star Royalties' 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 Royalties' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 72.7 M |
Star Royalties Technical Analysis
Star Royalties' future price can be derived by breaking down and analyzing its technical indicators over time. Star OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Star Royalties. In general, you should focus on analyzing Star OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Star Royalties Predictive Forecast Models
Star Royalties' time-series forecasting models is one of many Star Royalties' otc 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 Royalties' 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 otc stock market movement and maximize returns from investment trading.
Things to note about Star Royalties
Checking the ongoing alerts about Star Royalties for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Star Royalties help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Star Royalties generated a negative expected return over the last 90 days | |
| Star Royalties has some characteristics of a very speculative penny stock | |
| Star Royalties has high historical volatility and very poor performance | |
| Star Royalties has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 691.62 K. Net Loss for the year was (2.67 M) with profit before overhead, payroll, taxes, and interest of 691.62 K. | |
| Star Royalties has accumulated about 2.45 M in cash with (1.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 22.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Star OTC Stock
Star Royalties financial ratios help investors to determine whether Star OTC 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 Star with respect to the benefits of owning Star Royalties security.