Starco Brands Stock Market Value
| STCB Stock | USD 0.06 0.01 9.09% |
| Symbol | Starco |
Starco Brands '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 Starco Brands' otc 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 Starco Brands.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Starco Brands on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Starco Brands or generate 0.0% return on investment in Starco Brands over 510 days. Starco Brands is related to or competes with Select Energy, Orion Engineered, Element Solutions, Kronos Worldwide, FutureFuel Corp, H B, and Westlake Chemical. Starco Brands, Inc. markets consumer products through retail and online in the United States More
Starco Brands 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 Starco Brands' otc 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 Starco Brands upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 69.69 | |||
| Value At Risk | (9.81) | |||
| Potential Upside | 9.76 |
Starco Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Starco Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Starco Brands' standard deviation. In reality, there are many statistical measures that can use Starco Brands historical prices to predict the future Starco Brands' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.70) | |||
| Total Risk Alpha | (1.66) | |||
| Treynor Ratio | (0.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Starco Brands' 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.
Starco Brands Backtested Returns
Starco Brands owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.045, which indicates the firm had a -0.045% return per unit of risk over the last 3 months. Starco Brands exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Starco Brands' Variance of 68.36, coefficient of variation of (2,271), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of 2.74, 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, Starco Brands will likely underperform. At this point, Starco Brands has a negative expected return of -0.38%. Please make sure to validate Starco Brands' skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Starco Brands performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Starco Brands has virtually no predictability. Overlapping area represents the amount of predictability between Starco Brands time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Starco Brands price movement. The serial correlation of 0.02 indicates that only 2.0% of current Starco Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Starco Brands lagged returns against current returns
Autocorrelation, which is Starco Brands otc 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 Starco Brands' otc stock expected returns. We can calculate the autocorrelation of Starco Brands returns to help us make a trade decision. For example, suppose you find that Starco Brands has exhibited high autocorrelation historically, and you observe that the otc 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 |
Starco Brands 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 Starco Brands otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Starco Brands otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Starco Brands otc stock over time.
Current vs Lagged Prices |
| Timeline |
Starco Brands Lagged Returns
When evaluating Starco Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Starco Brands otc stock have on its future price. Starco Brands 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, Starco Brands autocorrelation shows the relationship between Starco Brands otc stock current value and its past values and can show if there is a momentum factor associated with investing in Starco Brands.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Starco OTC Stock
Starco Brands financial ratios help investors to determine whether Starco OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Starco with respect to the benefits of owning Starco Brands security.