Star Equity Holdings Preferred Stock Fundamentals
| STRRP Preferred Stock | USD 9.37 0.04 0.43% |
Star Equity Holdings fundamentals help investors to digest information that contributes to Star Equity's financial success or failures. It also enables traders to predict the movement of Star Preferred Stock. The fundamental analysis module provides a way to measure Star Equity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Star Equity preferred stock.
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Star Equity Holdings Company Beta Analysis
Star Equity's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Star Equity Beta | 0.53 |
Most of Star Equity's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Star Equity Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Star Equity Holdings has a Beta of 0.531. This is 38.26% lower than that of the Healthcare sector and 63.12% lower than that of the Diagnostics & Research industry. The beta for all United States preferred stocks is notably lower than that of the firm.
Star Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Star Equity's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. 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 of similar companies.Star Equity is currently under evaluation in beta category among its peers.
Star Equity ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Star Equity's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Star Equity's managers, analysts, and investors.Environmental | Governance | Social |
As returns on the market increase, Star Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Star Equity is expected to be smaller as well.
Star Fundamentals
| Return On Equity | -0.28 | ||||
| Return On Asset | -0.0341 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 84.32 M | ||||
| Number Of Shares Shorted | 100 | ||||
| Revenue | 106.56 M | ||||
| Gross Profit | 15.24 M | ||||
| EBITDA | (6.3 M) | ||||
| Net Income | (2.98 M) | ||||
| Cash And Equivalents | 16.21 M | ||||
| Cash Per Share | 1.08 X | ||||
| Total Debt | 17.7 M | ||||
| Debt To Equity | 0.42 % | ||||
| Current Ratio | 1.36 X | ||||
| Book Value Per Share | 1.40 X | ||||
| Cash Flow From Operations | (6.45 M) | ||||
| Short Ratio | 0.13 X | ||||
| Earnings Per Share | (2.00) X | ||||
| Number Of Employees | 458 | ||||
| Beta | 0.53 | ||||
| Total Asset | 68.05 M | ||||
| Z Score | 1.0 | ||||
| Annual Yield | 0.13 % | ||||
| Net Asset | 68.05 M |
About Star Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Star Equity Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Star Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Star Equity Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Star Equity Holdings, Inc. provides healthcare solutions in the United States and internationally. Star Equity Holdings, Inc. was founded in 1985 and is headquartered in Old Greenwich, Connecticut. Star Equity operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 458 people.
Pair Trading with Star Equity
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Star Equity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Star Equity will appreciate offsetting losses from the drop in the long position's value.Moving against Star Preferred Stock
| 0.59 | YCBD-PA | cbdMD Inc | PairCorr |
| 0.52 | ELTP | Elite Pharma | PairCorr |
| 0.46 | VAXX | Vaxxinity | PairCorr |
| 0.39 | EPRX | Eupraxia Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to Star Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Star Equity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Star Equity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Star Equity Holdings to buy it.
The correlation of Star Equity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Star Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Star Equity Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Star Equity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Star Preferred 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.