Starr Peak's market value is the price at which a share of Starr Peak trades on a public exchange. It measures the collective expectations of Starr Peak Exploration investors about its performance. Starr Peak is trading at 0.25 as of the 1st of February 2025. This is a 4.17 percent increase since the beginning of the trading day. The stock's lowest day price was 0.25. With this module, you can estimate the performance of a buy and hold strategy of Starr Peak Exploration and determine expected loss or profit from investing in Starr Peak over a given investment horizon. Check out Starr Peak Correlation, Starr Peak Volatility and Starr Peak Alpha and Beta module to complement your research on Starr Peak.
Please note, there is a significant difference between Starr Peak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Starr Peak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Starr Peak'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.
Starr Peak '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 Starr Peak's 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 Starr Peak.
0.00
08/05/2024
No Change 0.00
0.0
In 5 months and 30 days
02/01/2025
0.00
If you would invest 0.00 in Starr Peak on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Starr Peak Exploration or generate 0.0% return on investment in Starr Peak over 180 days. Starr Peak is related to or competes with Strategic Resources, South Star, and Nickel Creek. Starr Peak Mining Ltd., an exploration stage junior mining company, engages in the identification, acquisition, and expl... More
Starr Peak 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 Starr Peak's 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 Starr Peak Exploration upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Starr Peak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Starr Peak's standard deviation. In reality, there are many statistical measures that can use Starr Peak historical prices to predict the future Starr Peak's volatility.
Starr Peak appears to be out of control, given 3 months investment horizon. Starr Peak Exploration owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0408, which indicates the firm had a 0.0408 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Starr Peak Exploration, which you can use to evaluate the volatility of the company. Please review Starr Peak's Variance of 34.5, coefficient of variation of (54,562), and Risk Adjusted Performance of 0.007 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Starr Peak holds a performance score of 3. The entity has a beta of -0.99, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Starr Peak are expected to decrease slowly. On the other hand, during market turmoil, Starr Peak is expected to outperform it slightly. Please check Starr Peak's total risk alpha, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Starr Peak's existing price patterns will revert.
Auto-correlation
0.32
Below average predictability
Starr Peak Exploration has below average predictability. Overlapping area represents the amount of predictability between Starr Peak time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Starr Peak Exploration price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Starr Peak price fluctuation can be explain by its past prices.
Correlation Coefficient
0.32
Spearman Rank Test
-0.12
Residual Average
0.0
Price Variance
0.0
Starr Peak Exploration lagged returns against current returns
Autocorrelation, which is Starr Peak 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 Starr Peak's otc stock expected returns. We can calculate the autocorrelation of Starr Peak returns to help us make a trade decision. For example, suppose you find that Starr Peak 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
Starr Peak 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 Starr Peak otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Starr Peak otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Starr Peak otc stock over time.
Current vs Lagged Prices
Timeline
Starr Peak Lagged Returns
When evaluating Starr Peak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Starr Peak otc stock have on its future price. Starr Peak 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, Starr Peak autocorrelation shows the relationship between Starr Peak otc stock current value and its past values and can show if there is a momentum factor associated with investing in Starr Peak Exploration.
Starr Peak financial ratios help investors to determine whether Starr 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 Starr with respect to the benefits of owning Starr Peak security.