STRR Stock | | | USD 2.94 0.01 0.34% |
Star Equity financial indicator trend analysis is much more than just breaking down Star Equity Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Equity Holdings is a good investment. Please check the relationship between Star Equity Cash and its Common Stock Shares Outstanding accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Star Equity 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 metropolitan statistical area.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Star Equity Holdings Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Star Equity's Cash and Common Stock Shares Outstanding is -0.22. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Star Equity Holdings, assuming nothing else is changed. The correlation between historical values of Star Equity's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Star Equity Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Star Equity's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Star Equity Holdings, which is listed under current asset account on Star Equity Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Star Equity customers. The amounts must be unrestricted with restricted cash listed in a different Star Equity account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Star Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Equity 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 Equity 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 metropolitan statistical area.
At this time, Star Equity's
Discontinued Operations is relatively stable compared to the past year. As of 11/24/2024,
Sales General And Administrative To Revenue is likely to grow to 0.20, while
Selling General Administrative is likely to drop slightly above 15.6
M.
Star Equity fundamental ratios Correlations
Click cells to compare fundamentals
Star Equity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Star Equity fundamental ratios Accounts
Additional Tools for Star 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.