Star Bulk Carriers Stock Market Value
| SBLK Stock | USD 18.71 0.26 1.37% |
| Symbol | Star |
Star Bulk Carriers Price To Book Ratio
Is Marine Transportation 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 Bulk. 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 Bulk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.163 | Earnings Share 2.56 | Revenue Per Share 11.52 | Quarterly Revenue Growth 0.478 | Return On Assets 0.0562 |
The market value of Star Bulk Carriers 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 Bulk's value that differs from its market value or its book value, called intrinsic value, which is Star Bulk's 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 Bulk's market value can be influenced by many factors that don't directly affect Star Bulk's 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 Bulk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Bulk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Bulk's 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.
Star Bulk 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Star Bulk's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Star Bulk.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Star Bulk on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Star Bulk Carriers or generate 0.0% return on investment in Star Bulk over 30 days. Star Bulk is related to or competes with Genco Shipping, Diana Shipping, Danaos, Golden Ocean, Global Ship, Costamare, and Ardmore Shpng. Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide More
Star Bulk Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Star Bulk's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Star Bulk Carriers upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.46 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 3.44 |
Star Bulk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Star Bulk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Star Bulk's standard deviation. In reality, there are many statistical measures that can use Star Bulk historical prices to predict the future Star Bulk's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.17) |
Star Bulk Carriers Backtested Returns
Star Bulk Carriers owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0737, which indicates the firm had a -0.0737% return per unit of risk over the last 3 months. Star Bulk Carriers exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Star Bulk's Risk Adjusted Performance of (0.04), variance of 4.15, and Coefficient Of Variation of (1,586) to confirm the risk estimate we provide. The entity has a beta of 0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Star Bulk's returns are expected to increase less than the market. However, during the bear market, the loss of holding Star Bulk is expected to be smaller as well. At this point, Star Bulk Carriers has a negative expected return of -0.15%. Please make sure to validate Star Bulk's total risk alpha, as well as the relationship between the kurtosis and price action indicator , to decide if Star Bulk Carriers performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.82 |
Excellent reverse predictability
Star Bulk Carriers has excellent reverse predictability. Overlapping area represents the amount of predictability between Star Bulk time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Star Bulk Carriers price movement. The serial correlation of -0.82 indicates that around 82.0% of current Star Bulk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
Star Bulk Carriers lagged returns against current returns
Autocorrelation, which is Star Bulk stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Star Bulk's stock expected returns. We can calculate the autocorrelation of Star Bulk returns to help us make a trade decision. For example, suppose you find that Star Bulk has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Star Bulk regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Star Bulk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Star Bulk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Star Bulk stock over time.
Current vs Lagged Prices |
| Timeline |
Star Bulk Lagged Returns
When evaluating Star Bulk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Star Bulk stock have on its future price. Star Bulk autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Star Bulk autocorrelation shows the relationship between Star Bulk stock current value and its past values and can show if there is a momentum factor associated with investing in Star Bulk Carriers.
Regressed Prices |
| Timeline |
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Star Bulk 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.