Star Net Receivables vs Net Invested Capital Analysis
| STHO Stock | 11.28 0.30 2.73% |
Star Holdings financial indicator trend analysis is much more than just breaking down Star Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Holdings is a good investment. Please check the relationship between Star Holdings Net Receivables and its Net Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Star Stock, please use our How to Invest in Star Holdings guide.
Net Receivables vs Net Invested Capital
Net Receivables vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Star Holdings Net Receivables account and Net Invested Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Star Holdings' Net Receivables and Net Invested Capital is 1.0. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Star Holdings, assuming nothing else is changed. The correlation between historical values of Star Holdings' Net Receivables and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Star Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Receivables i.e., Star Holdings' Net Receivables and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Receivables
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Star Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Star Stock, please use our How to Invest in Star Holdings guide.Tax Provision is expected to grow at the current pace this year. In addition to that, Selling General Administrative is likely to drop to about 24.9 M
| 2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 287.3M | 199.7M | 4.6M | 4.3M | Interest Income | 29.5M | 12.3M | 2.1M | 2.0M |
Star Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Star Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Star Holdings
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 Holdings 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 Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Star Stock
Moving against Star Stock
| 0.65 | ZG | Zillow Group | PairCorr |
| 0.62 | BRSP | Brightspire Capital | PairCorr |
| 0.58 | MRNO | Murano Global Investments Upward Rally | PairCorr |
The ability to find closely correlated positions to Star Holdings 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 Holdings 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 Holdings - 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 Holdings to buy it.
The correlation of Star Holdings 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 Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Star 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 Holdings 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Star Stock, please use our How to Invest in Star Holdings guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Real Estate Management & Development 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 Holdings. 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 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 6.16 | Revenue Per Share 8.84 | Quarterly Revenue Growth (0.44) | Return On Assets (0.02) | Return On Equity 0.2023 |
The market value of Star Holdings 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 Holdings' value that differs from its market value or its book value, called intrinsic value, which is Star Holdings' 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 Holdings' market value can be influenced by many factors that don't directly affect Star Holdings' 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 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Holdings' 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.