Star8 Corp Stock Market Value
STRH Stock | USD 0.02 0 18.45% |
Symbol | Star8 |
Star8 Corp '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 Star8 Corp's pink sheet 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 Star8 Corp.
04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Star8 Corp on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Star8 Corp or generate 0.0% return on investment in Star8 Corp over 90 days. Star8 Corp is related to or competes with Minim. Star8 Corporation, a development stage company, provides mobile smart phones and related accessories More
Star8 Corp 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 Star8 Corp's pink sheet 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 Star8 Corp upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.02) | |||
Maximum Drawdown | 66.62 | |||
Value At Risk | (15.34) | |||
Potential Upside | 16.47 |
Star8 Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Star8 Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Star8 Corp's standard deviation. In reality, there are many statistical measures that can use Star8 Corp historical prices to predict the future Star8 Corp's volatility.Risk Adjusted Performance | 0.003 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (1.56) | |||
Treynor Ratio | 0.3287 |
Star8 Corp Backtested Returns
Star8 Corp is out of control at the moment. Star8 Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0104, which indicates the firm had a 0.0104 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Star8 Corp, which you can use to evaluate the volatility of the company. Please validate Star8 Corp's Risk Adjusted Performance of 0.003, variance of 112.04, and Coefficient Of Variation of (15,392) to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. The entity has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Star8 Corp are expected to decrease at a much lower rate. During the bear market, Star8 Corp is likely to outperform the market. Star8 Corp right now has a risk of 10.1%. Please validate Star8 Corp total risk alpha, as well as the relationship between the kurtosis and price action indicator , to decide if Star8 Corp will be following its existing price patterns.
Auto-correlation | -0.07 |
Very weak reverse predictability
Star8 Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Star8 Corp time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 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 Star8 Corp price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Star8 Corp price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.07 | |
Spearman Rank Test | -0.13 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Star8 Corp lagged returns against current returns
Autocorrelation, which is Star8 Corp pink sheet'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 Star8 Corp's pink sheet expected returns. We can calculate the autocorrelation of Star8 Corp returns to help us make a trade decision. For example, suppose you find that Star8 Corp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Star8 Corp 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 Star8 Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Star8 Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Star8 Corp pink sheet over time.
Current vs Lagged Prices |
Timeline |
Star8 Corp Lagged Returns
When evaluating Star8 Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Star8 Corp pink sheet have on its future price. Star8 Corp 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, Star8 Corp autocorrelation shows the relationship between Star8 Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Star8 Corp.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Star8 Pink Sheet
Star8 Corp financial ratios help investors to determine whether Star8 Pink Sheet 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 Star8 with respect to the benefits of owning Star8 Corp security.