Stargaze Entertainment Group Stock Market Value
| STGZ Stock | USD 0.01 0 68.09% |
| Symbol | Stargaze |
Stargaze Entertainment '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 Stargaze Entertainment's pink sheet 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 Stargaze Entertainment.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Stargaze Entertainment on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Stargaze Entertainment Group or generate 0.0% return on investment in Stargaze Entertainment over 30 days. Stargaze Entertainment is related to or competes with Warner Music, Live Nation, Atlanta Braves, Warner Bros, Reading International, Reservoir Media, and Marcus. Stargaze Entertainment Group Inc. operates as an entertainment production and distribution company More
Stargaze Entertainment 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 Stargaze Entertainment's pink sheet 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 Stargaze Entertainment Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.4 | |||
| Information Ratio | 0.1017 | |||
| Maximum Drawdown | 94.91 | |||
| Value At Risk | (26.67) | |||
| Potential Upside | 36.17 |
Stargaze Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stargaze Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stargaze Entertainment's standard deviation. In reality, there are many statistical measures that can use Stargaze Entertainment historical prices to predict the future Stargaze Entertainment's volatility.| Risk Adjusted Performance | 0.093 | |||
| Jensen Alpha | 1.96 | |||
| Total Risk Alpha | (0.73) | |||
| Sortino Ratio | 0.0907 | |||
| Treynor Ratio | (2.59) |
Stargaze Entertainment Backtested Returns
Stargaze Entertainment is out of control given 3 months investment horizon. Stargaze Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.71% are justified by taking the suggested risk. Use Stargaze Entertainment Semi Deviation of 9.87, risk adjusted performance of 0.093, and Coefficient Of Variation of 917.85 to evaluate company specific risk that cannot be diversified away. Stargaze Entertainment holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Stargaze Entertainment are expected to decrease at a much lower rate. During the bear market, Stargaze Entertainment is likely to outperform the market. Use Stargaze Entertainment total risk alpha and the relationship between the downside variance and period momentum indicator , to analyze future returns on Stargaze Entertainment.
Auto-correlation | -0.43 |
Modest reverse predictability
Stargaze Entertainment Group has modest reverse predictability. Overlapping area represents the amount of predictability between Stargaze Entertainment time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Stargaze Entertainment price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Stargaze Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Stargaze Entertainment lagged returns against current returns
Autocorrelation, which is Stargaze Entertainment pink sheet'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 Stargaze Entertainment's pink sheet expected returns. We can calculate the autocorrelation of Stargaze Entertainment returns to help us make a trade decision. For example, suppose you find that Stargaze Entertainment has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Stargaze Entertainment 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 Stargaze Entertainment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stargaze Entertainment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stargaze Entertainment pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Stargaze Entertainment Lagged Returns
When evaluating Stargaze Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stargaze Entertainment pink sheet have on its future price. Stargaze Entertainment 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, Stargaze Entertainment autocorrelation shows the relationship between Stargaze Entertainment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Stargaze Entertainment Group.
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 Stargaze Pink Sheet Analysis
When running Stargaze Entertainment's price analysis, check to measure Stargaze Entertainment'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 Stargaze Entertainment is operating at the current time. Most of Stargaze Entertainment's value examination focuses on studying past and present price action to predict the probability of Stargaze Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stargaze Entertainment's price. Additionally, you may evaluate how the addition of Stargaze Entertainment to your portfolios can decrease your overall portfolio volatility.