Starbox Group Holdings Stock Alpha and Beta Analysis
| STBX Stock | USD 1.24 0.04 3.33% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Starbox Group Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Starbox Group over a specified time horizon. Remember, high Starbox Group's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Starbox Group's market risk premium analysis include:
Beta 0.0986 | Alpha (0.89) | Risk 8.61 | Sharpe Ratio (0.10) | Expected Return (0.89) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Starbox |
Starbox Group Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Starbox Group market risk premium is the additional return an investor will receive from holding Starbox Group long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Starbox Group. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Starbox Group's performance over market.| α | -0.89 | β | 0.1 |
Starbox Group expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Starbox Group's Buy-and-hold return. Our buy-and-hold chart shows how Starbox Group performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Starbox Group Market Price Analysis
Market price analysis indicators help investors to evaluate how Starbox Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Starbox Group shares will generate the highest return on investment. By understating and applying Starbox Group stock market price indicators, traders can identify Starbox Group position entry and exit signals to maximize returns.
Starbox Group Return and Market Media
The median price of Starbox Group for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 2.13 with a coefficient of variation of 21.19. The daily time series for the period is distributed with a sample standard deviation of 0.44, arithmetic mean of 2.06, and mean deviation of 0.33. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Starbox Group Holdings Ltd. Sees Significant Growth in Short Interest | 10/11/2024 |
2 | Starbox Powers 180 Degrees Brandcom with StarboxAI Pro Series, an AI-Driven Expansion into Image, Video, and Live Streaming Content | 10/24/2024 |
3 | Starbox Group Facilitates Major Software Acquisition - Nasdaq | 11/18/2024 |
About Starbox Group Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Starbox or other stocks. Alpha measures the amount that position in Starbox Group Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 0.96 | 1.17 | 1.05 | 1.1 | Receivables Turnover | 3.54 | 1.23 | 1.11 | 1.53 |
Starbox Group Upcoming Company Events
As portrayed in its financial statements, the presentation of Starbox Group's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Starbox Group's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Starbox Group's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Starbox Group. Please utilize our Beneish M Score to check the likelihood of Starbox Group's management manipulating its earnings.
| 17th of January 2024 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View |
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Additional Tools for Starbox Stock Analysis
When running Starbox Group's price analysis, check to measure Starbox Group'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 Starbox Group is operating at the current time. Most of Starbox Group's value examination focuses on studying past and present price action to predict the probability of Starbox Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Starbox Group's price. Additionally, you may evaluate how the addition of Starbox Group to your portfolios can decrease your overall portfolio volatility.