Star Diamond's market value is the price at which a share of Star Diamond trades on a public exchange. It measures the collective expectations of Star Diamond investors about its performance. Star Diamond is trading at 0.0265 as of the 4th of August 2025. This is a 12.77% increase since the beginning of the trading day. The stock's lowest day price was 0.0265. With this module, you can estimate the performance of a buy and hold strategy of Star Diamond and determine expected loss or profit from investing in Star Diamond over a given investment horizon. Check out Star Diamond Correlation, Star Diamond Volatility and Star Diamond Alpha and Beta module to complement your research on Star Diamond.
Please note, there is a significant difference between Star Diamond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Diamond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Diamond'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 Diamond '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 Diamond'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 Diamond.
0.00
05/06/2025
No Change 0.00
0.0
In 3 months and 1 day
08/04/2025
0.00
If you would invest 0.00 in Star Diamond on May 6, 2025 and sell it all today you would earn a total of 0.00 from holding Star Diamond or generate 0.0% return on investment in Star Diamond over 90 days. Star Diamond is related to or competes with BHP Group, BHP Group, Rio Tinto, Rio Tinto, Vale SA, Glencore Plc, and Glencore PLC. Star Diamond Corporation, a natural resource company, engages in the acquisition, exploration, and development of minera... More
Star Diamond 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 Diamond'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 Diamond 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 Star Diamond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Star Diamond's standard deviation. In reality, there are many statistical measures that can use Star Diamond historical prices to predict the future Star Diamond's volatility.
Star Diamond appears to be out of control, given 3 months investment horizon. Star Diamond owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0331, which indicates the firm had a 0.0331 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Star Diamond, which you can use to evaluate the volatility of the company. Please review Star Diamond's Coefficient Of Variation of 8115.67, semi deviation of 6.21, and Risk Adjusted Performance of 0.0187 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Star Diamond holds a performance score of 2. The entity has a beta of 1.24, 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, Star Diamond will likely underperform. Please check Star Diamond's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Star Diamond's existing price patterns will revert.
Auto-correlation
0.25
Poor predictability
Star Diamond has poor predictability. Overlapping area represents the amount of predictability between Star Diamond time series from 6th of May 2025 to 20th of June 2025 and 20th of June 2025 to 4th of August 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 Star Diamond price movement. The serial correlation of 0.25 indicates that over 25.0% of current Star Diamond price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
-0.33
Residual Average
0.0
Price Variance
0.0
Star Diamond lagged returns against current returns
Autocorrelation, which is Star Diamond 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 Diamond's stock expected returns. We can calculate the autocorrelation of Star Diamond returns to help us make a trade decision. For example, suppose you find that Star Diamond 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 Diamond 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 Diamond stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Star Diamond stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Star Diamond stock over time.
Current vs Lagged Prices
Timeline
Star Diamond Lagged Returns
When evaluating Star Diamond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Star Diamond stock have on its future price. Star Diamond 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 Diamond autocorrelation shows the relationship between Star Diamond stock current value and its past values and can show if there is a momentum factor associated with investing in Star Diamond.
Star Diamond financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Diamond security.