Star Equity Holdings Stock Market Value
| STRR Stock | USD 2.93 0.01 0.34% |
| Symbol | Star |
Star Equity Holdings Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Star Equity. If investors know Star will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Star Equity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.22) | Earnings Share (1.96) | Revenue Per Share 14.765 | Quarterly Revenue Growth 0.516 | Return On Assets (0.07) |
The market value of Star Equity Holdings is measured differently than its book value, which is the value of Star that is recorded on the company's balance sheet. Investors also form their own opinion of Star Equity's value that differs from its market value or its book value, called intrinsic value, which is Star Equity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Star Equity's market value can be influenced by many factors that don't directly affect Star Equity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Star Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Equity'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.
Star Equity '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 Equity's 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 Equity.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Star Equity on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Star Equity Holdings or generate 0.0% return on investment in Star Equity over 30 days. Star Equity is related to or competes with Volitionrx, Biodesix, Fonar, Burning Rock, Sera Prognostics, Neuronetics, and DarioHealth Corp. Star Equity Holdings, Inc. provides healthcare solutions in the United States and internationally More
Star Equity 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 Equity's 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 Equity Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 16.59 | |||
| Value At Risk | (6.09) | |||
| Potential Upside | 4.99 |
Star Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Star Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Star Equity's standard deviation. In reality, there are many statistical measures that can use Star Equity historical prices to predict the future Star Equity's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.97) | |||
| Treynor Ratio | 10.05 |
Star Equity Holdings Backtested Returns
Star Equity Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Star Equity Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Star Equity's Variance of 9.49, risk adjusted performance of (0.11), and Coefficient Of Variation of (650.62) to confirm the risk estimate we provide. The entity has a beta of -0.0481, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Star Equity are expected to decrease at a much lower rate. During the bear market, Star Equity is likely to outperform the market. At this point, Star Equity Holdings has a negative expected return of -0.49%. Please make sure to validate Star Equity's maximum drawdown, as well as the relationship between the daily balance of power and relative strength index , to decide if Star Equity Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
Star Equity Holdings has good predictability. Overlapping area represents the amount of predictability between Star Equity time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Star Equity Holdings price movement. The serial correlation of 0.75 indicates that around 75.0% of current Star Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Star Equity Holdings lagged returns against current returns
Autocorrelation, which is Star Equity 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 Equity's stock expected returns. We can calculate the autocorrelation of Star Equity returns to help us make a trade decision. For example, suppose you find that Star Equity has exhibited high autocorrelation historically, and you observe that the 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 |
Star Equity 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 Equity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Star Equity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Star Equity stock over time.
Current vs Lagged Prices |
| Timeline |
Star Equity Lagged Returns
When evaluating Star Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Star Equity stock have on its future price. Star Equity 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 Equity autocorrelation shows the relationship between Star Equity stock current value and its past values and can show if there is a momentum factor associated with investing in Star Equity Holdings.
Regressed Prices |
| Timeline |
Additional Tools for Star Stock Analysis
When running Star Equity's price analysis, check to measure Star Equity'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 Star Equity is operating at the current time. Most of Star Equity's value examination focuses on studying past and present price action to predict the probability of Star Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Equity's price. Additionally, you may evaluate how the addition of Star Equity to your portfolios can decrease your overall portfolio volatility.