Stardust Power Stock Market Value
| SDSTW Stock | 0.23 0.02 9.52% |
| Symbol | Stardust |
Stardust Power Price To Book Ratio
Is Chemicals 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 Stardust Power. If investors know Stardust 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 Stardust Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Stardust Power is measured differently than its book value, which is the value of Stardust that is recorded on the company's balance sheet. Investors also form their own opinion of Stardust Power's value that differs from its market value or its book value, called intrinsic value, which is Stardust Power'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 Stardust Power's market value can be influenced by many factors that don't directly affect Stardust Power'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 Stardust Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stardust Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stardust Power'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.
Stardust Power '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 Stardust Power'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 Stardust Power.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Stardust Power on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Stardust Power or generate 0.0% return on investment in Stardust Power over 30 days. Stardust Power is related to or competes with Bloom Energy, Electrovaya Common, Enovix Corp, Eos Energy, Sunrise New, FuelCell Energy, and Flux Power. Stardust Power is entity of United States More
Stardust Power 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 Stardust Power'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 Stardust Power upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 76.52 | |||
| Value At Risk | (21.82) | |||
| Potential Upside | 25.64 |
Stardust Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stardust Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stardust Power's standard deviation. In reality, there are many statistical measures that can use Stardust Power historical prices to predict the future Stardust Power's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (2.41) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stardust Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Stardust Power Backtested Returns
Stardust Power owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.02, which indicates the firm had a -0.02% return per unit of risk over the last 3 months. Stardust Power exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stardust Power's Coefficient Of Variation of (5,538), insignificant risk adjusted performance, and Variance of 186.61 to confirm the risk estimate we provide. The entity has a beta of 1.9, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Stardust Power will likely underperform. At this point, Stardust Power has a negative expected return of -0.29%. Please make sure to validate Stardust Power's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Stardust Power performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
Stardust Power has below average predictability. Overlapping area represents the amount of predictability between Stardust Power time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Stardust Power price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Stardust Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Stardust Power lagged returns against current returns
Autocorrelation, which is Stardust Power 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 Stardust Power's stock expected returns. We can calculate the autocorrelation of Stardust Power returns to help us make a trade decision. For example, suppose you find that Stardust Power 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 |
Stardust Power 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 Stardust Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stardust Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stardust Power stock over time.
Current vs Lagged Prices |
| Timeline |
Stardust Power Lagged Returns
When evaluating Stardust Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stardust Power stock have on its future price. Stardust Power 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, Stardust Power autocorrelation shows the relationship between Stardust Power stock current value and its past values and can show if there is a momentum factor associated with investing in Stardust Power.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Stardust Stock Analysis
When running Stardust Power's price analysis, check to measure Stardust Power'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 Stardust Power is operating at the current time. Most of Stardust Power's value examination focuses on studying past and present price action to predict the probability of Stardust Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stardust Power's price. Additionally, you may evaluate how the addition of Stardust Power to your portfolios can decrease your overall portfolio volatility.