Starguide Market Capitalization vs. Shares Outstanding
| STRG Stock | USD 0.01 0.0001 1.59% |
For Starguide profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Starguide to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Starguide Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Starguide's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Starguide Group over time as well as its relative position and ranking within its peers.
Starguide |
Starguide Group Shares Outstanding vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Starguide's current stock value. Our valuation model uses many indicators to compare Starguide value to that of its competitors to determine the firm's financial worth. Starguide Group is rated below average in market capitalization category among its peers. It is rated below average in shares outstanding category among its peers creating about 0.13 of Shares Outstanding per Market Capitalization. The ratio of Market Capitalization to Shares Outstanding for Starguide Group is roughly 8.00 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Starguide's earnings, one of the primary drivers of an investment's value.Starguide Market Capitalization vs. Competition
Starguide Group is rated below average in market capitalization category among its peers. Market capitalization of Shell Companies industry is at this time estimated at about 850.79 Million. Starguide holds roughly 22.93 Million in market capitalization claiming about 2.7% of equities listed under Shell Companies industry.
Starguide Shares Outstanding vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Starguide |
| = | 22.93 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Starguide |
| = | 2.87 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Starguide Shares Outstanding Comparison
Starguide is currently under evaluation in shares outstanding category among its peers.
Starguide Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Starguide, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Starguide will eventually generate negative long term returns. The profitability progress is the general direction of Starguide's change in net profit over the period of time. It can combine multiple indicators of Starguide, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Starguide Group, Inc. operates as a development stage company. Starguide Group, Inc. is a subsidiary of Northeast International Holdings Limited. Starguide is traded on OTC Exchange in the United States.
Starguide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Starguide. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Starguide position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Starguide's important profitability drivers and their relationship over time.
Use Starguide in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Starguide position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Starguide will appreciate offsetting losses from the drop in the long position's value.Starguide Pair Trading
Starguide Group Pair Trading Analysis
The ability to find closely correlated positions to Starguide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Starguide when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Starguide - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Starguide Group to buy it.
The correlation of Starguide is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Starguide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Starguide Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Starguide can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Starguide position
In addition to having Starguide in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Materials ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Starguide Pink Sheet
To fully project Starguide's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Starguide Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Starguide's income statement, its balance sheet, and the statement of cash flows.