Star Royalties Stock Market Value

STRFF Stock  USD 0.20  0.01  4.76%   
Star Royalties' market value is the price at which a share of Star Royalties trades on a public exchange. It measures the collective expectations of Star Royalties investors about its performance. Star Royalties is trading at 0.2 as of the 23rd of November 2024. This is a 4.76 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.2.
With this module, you can estimate the performance of a buy and hold strategy of Star Royalties and determine expected loss or profit from investing in Star Royalties over a given investment horizon. Check out Star Royalties Correlation, Star Royalties Volatility and Star Royalties Alpha and Beta module to complement your research on Star Royalties.
Symbol

Please note, there is a significant difference between Star Royalties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Royalties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Royalties' 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 Royalties '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 Royalties' 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 Star Royalties.
0.00
10/24/2024
No Change 0.00  0.0 
In 31 days
11/23/2024
0.00
If you would invest  0.00  in Star Royalties on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Star Royalties or generate 0.0% return on investment in Star Royalties over 30 days. Star Royalties is related to or competes with Defiance Silver, GoGold Resources, and Mirasol Resources. Star Royalties Ltd. operates as a precious metals royalty and streaming investment company More

Star Royalties 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 Royalties' 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 Star Royalties upside and downside potential and time the market with a certain degree of confidence.

Star Royalties Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Star Royalties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Star Royalties' standard deviation. In reality, there are many statistical measures that can use Star Royalties historical prices to predict the future Star Royalties' volatility.
Hype
Prediction
LowEstimatedHigh
0.010.203.87
Details
Intrinsic
Valuation
LowRealHigh
0.010.183.85
Details
Naive
Forecast
LowNextHigh
00.193.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.190.220.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Star Royalties. Your research has to be compared to or analyzed against Star Royalties' peers to derive any actionable benefits. When done correctly, Star Royalties' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Star Royalties.

Star Royalties Backtested Returns

Star Royalties owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0035, which indicates the firm had a -0.0035% return per unit of risk over the last 3 months. Star Royalties exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Star Royalties' Coefficient Of Variation of (28,227), risk adjusted performance of 0.0052, and Variance of 13.45 to confirm the risk estimate we provide. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Star Royalties are expected to decrease at a much lower rate. During the bear market, Star Royalties is likely to outperform the market. At this point, Star Royalties has a negative expected return of -0.013%. Please make sure to validate Star Royalties' jensen alpha and the relationship between the potential upside and period momentum indicator , to decide if Star Royalties performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.15  

Insignificant reverse predictability

Star Royalties has insignificant reverse predictability. Overlapping area represents the amount of predictability between Star Royalties time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Royalties price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Star Royalties price fluctuation can be explain by its past prices.
Correlation Coefficient-0.15
Spearman Rank Test0.46
Residual Average0.0
Price Variance0.0

Star Royalties lagged returns against current returns

Autocorrelation, which is Star Royalties 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 Star Royalties' otc stock expected returns. We can calculate the autocorrelation of Star Royalties returns to help us make a trade decision. For example, suppose you find that Star Royalties 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   
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Star Royalties 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 Royalties otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Star Royalties otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Star Royalties otc stock over time.
   Current vs Lagged Prices   
       Timeline  

Star Royalties Lagged Returns

When evaluating Star Royalties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Star Royalties otc stock have on its future price. Star Royalties 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 Royalties autocorrelation shows the relationship between Star Royalties otc stock current value and its past values and can show if there is a momentum factor associated with investing in Star Royalties.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Star OTC Stock

Star Royalties financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Royalties security.