Starguide Group Stock Market Value
| STRG Stock | USD 0.10 0.07 233.33% |
| Symbol | Starguide |
Starguide '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 Starguide'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 Starguide.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Starguide on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Starguide Group or generate 0.0% return on investment in Starguide over 30 days. Starguide is related to or competes with Roth CH, Awaysis Capital, and Borealis Exploration. Starguide Group, Inc. operates as a development stage company More
Starguide 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 Starguide'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 Starguide Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 37.95 | |||
| Information Ratio | 0.1223 | |||
| Maximum Drawdown | 288.75 | |||
| Value At Risk | (48.98) | |||
| Potential Upside | 70.0 |
Starguide Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Starguide's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Starguide's standard deviation. In reality, there are many statistical measures that can use Starguide historical prices to predict the future Starguide's volatility.| Risk Adjusted Performance | 0.1057 | |||
| Jensen Alpha | 4.26 | |||
| Total Risk Alpha | (1.88) | |||
| Sortino Ratio | 0.145 | |||
| Treynor Ratio | 0.5251 |
Starguide Group Backtested Returns
Starguide is out of control given 3 months investment horizon. Starguide Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 5.43% are justified by taking the suggested risk. Use Starguide Group Semi Deviation of 15.71, risk adjusted performance of 0.1057, and Coefficient Of Variation of 797.66 to evaluate company specific risk that cannot be diversified away. Starguide holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of 10.72, 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, Starguide will likely underperform. Use Starguide Group jensen alpha and the relationship between the value at risk and day typical price , to analyze future returns on Starguide Group.
Auto-correlation | 0.59 |
Modest predictability
Starguide Group has modest predictability. Overlapping area represents the amount of predictability between Starguide time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Starguide Group price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Starguide price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Starguide Group lagged returns against current returns
Autocorrelation, which is Starguide 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 Starguide's pink sheet expected returns. We can calculate the autocorrelation of Starguide returns to help us make a trade decision. For example, suppose you find that Starguide 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 |
Starguide 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 Starguide pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Starguide pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Starguide pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Starguide Lagged Returns
When evaluating Starguide's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Starguide pink sheet have on its future price. Starguide 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, Starguide autocorrelation shows the relationship between Starguide pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Starguide Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Starguide Pink Sheet
Starguide financial ratios help investors to determine whether Starguide Pink Sheet 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 Starguide with respect to the benefits of owning Starguide security.