Starbox Group Holdings Stock Price on September 17, 2024

STBX Stock  USD 1.19  0.09  8.18%   
If you're considering investing in Starbox Stock, it is important to understand the factors that can impact its price. As of today, the current price of Starbox Group stands at 1.19, as last reported on the 28th of November, with the highest price reaching 1.20 and the lowest price hitting 1.05 during the day. Starbox Group Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Starbox Group Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Starbox Group's Coefficient Of Variation of (930.36), variance of 72.7, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
  
At this time, Starbox Group's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 184.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 52.7 M in 2024. . At this time, Starbox Group's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 9.89 in 2024, whereas Price To Sales Ratio is likely to drop 87.44 in 2024. Starbox Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1017

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Estimated Market Risk

 8.64
  actual daily
76
76% of assets are less volatile

Expected Return

 -0.88
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Starbox Group is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Starbox Group by adding Starbox Group to a well-diversified portfolio.
Price Book
0.5811
Enterprise Value Ebitda
3.9486
Price Sales
4.1784
Shares Float
6.4 M
Earnings Share
(2.40)

Related Headline

Onfolio Holdings Headline on 17th of September 2024

Filed transaction by Onfolio Holdings Director Ceo. Grant, award or other acquisition pursuant to Rule 16b-3

Starbox Group Valuation on September 17, 2024

It is possible to determine the worth of Starbox Group on a given historical date. On September 17, 2024 Starbox was worth 2.35 at the beginning of the trading date compared to the closed value of 2.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Starbox Group stock. Still, in general, we apply an absolute valuation method to find Starbox Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Starbox Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Starbox Group's related companies.
 Open High Low Close Volume
  2.50    2.50    2.12    2.45    62,573  
09/17/2024
  2.35    2.41    2.15    2.24    39,207  
  2.24    2.24    2.08    2.22    145,359  
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Open Value
2.35
2.24
Closing Value
28.26
Upside

Starbox Group Trading Date Momentum on September 17, 2024

On September 18 2024 Starbox Group Holdings was traded for  2.22  at the closing time. The top price for the day was 2.24  and the lowest listed price was  2.08 . The trading volume for the day was 145.4 K. The trading history from September 18, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.89% . The trading price change against the current closing price is 8.93% .

Starbox Group Holdings Fundamentals Correlations and Trends

By evaluating Starbox Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Starbox Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Starbox financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Starbox Group Stock history

Starbox Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Starbox is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Starbox Group Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Starbox Group stock prices may prove useful in developing a viable investing in Starbox Group
Last ReportedProjected for Next Year
Common Stock Shares Outstanding64.9 M52.7 M
Net Income Applicable To Common Shares4.1 M4.3 M

Starbox Group Quarterly Net Working Capital

24.85 Million

Starbox Group Stock Technical Analysis

Starbox Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Starbox Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Starbox Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Starbox Group Period Price Range

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Starbox Group November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Starbox Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Starbox Group shares will generate the highest return on investment. By undertsting and applying Starbox Group stock market strength indicators, traders can identify Starbox Group Holdings entry and exit signals to maximize returns

Starbox Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Starbox Group's price direction in advance. Along with the technical and fundamental analysis of Starbox Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Starbox to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.