Starbox Group Holdings Stock Performance
| STBX Stock | USD 0.13 0.01 8.33% |
The entity has a beta of 0.89, which indicates possible diversification benefits within a given portfolio. Starbox Group returns are very sensitive to returns on the market. As the market goes up or down, Starbox Group is expected to follow. At this point, Starbox Group Holdings has a negative expected return of -0.39%. Please make sure to validate Starbox Group's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Starbox Group Holdings performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Starbox Group Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's fundamental drivers remain fairly strong which may send shares a bit higher in November 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
1 | Starbox Group Expands with Tech Acquisition - TipRanks | 08/05/2024 |
2 | Starbox Group Holdings Ltd. calls shareholder meeting - Investing.com | 09/10/2024 |
| Begin Period Cash Flow | 17.8 M |
Starbox |
Starbox Group Relative Risk vs. Return Landscape
If you would invest 18.00 in Starbox Group Holdings on July 12, 2024 and sell it today you would lose (5.00) from holding Starbox Group Holdings or give up 27.78% of portfolio value over 90 days. Starbox Group Holdings is currently does not generate positive expected returns and assumes 4.9276% risk (volatility on return distribution) over the 90 days horizon. In different words, 43% of stocks are less volatile than Starbox, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Starbox Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Starbox Group's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Starbox Group Holdings, and traders can use it to determine the average amount a Starbox Group's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0787
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | STBX |
Estimated Market Risk
| 4.93 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Starbox Group is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Starbox Group by adding Starbox Group to a well-diversified portfolio.
Starbox Group Fundamentals Growth
Starbox Stock prices reflect investors' perceptions of the future prospects and financial health of Starbox Group, and Starbox Group fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Starbox Stock performance.
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0678 | ||||
| Profit Margin | (1.03) % | ||||
| Operating Margin | (2.90) % | ||||
| Current Valuation | 64.12 M | ||||
| Shares Outstanding | 465.48 M | ||||
| Price To Earning | 30.00 X | ||||
| Price To Book | 0.71 X | ||||
| Price To Sales | 5.05 X | ||||
| Revenue | 11.74 M | ||||
| Gross Profit | 7.14 M | ||||
| EBITDA | 6.48 M | ||||
| Net Income | 2.46 M | ||||
| Cash And Equivalents | 2.36 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 2.22 M | ||||
| Debt To Equity | 0.25 % | ||||
| Current Ratio | 1.50 X | ||||
| Book Value Per Share | 0.80 X | ||||
| Cash Flow From Operations | (11.53 M) | ||||
| Earnings Per Share | (0.15) X | ||||
| Market Capitalization | 61.7 M | ||||
| Total Asset | 153.03 M | ||||
| Retained Earnings | 8.87 M | ||||
| Working Capital | 24.85 M | ||||
About Starbox Group Performance
Evaluating Starbox Group's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Starbox Group has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Starbox Group has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 4.81 | 4.27 | |
| Return On Tangible Assets | 0.06 | 0.05 | |
| Return On Capital Employed | 0.04 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.03 | 0.03 |
Things to note about Starbox Group Holdings performance evaluation
Checking the ongoing alerts about Starbox Group for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Starbox Group Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Starbox Group generated a negative expected return over the last 90 days | |
| Starbox Group has some characteristics of a very speculative penny stock | |
| Starbox Group has high historical volatility and very poor performance | |
| Starbox Group Holdings currently holds about 2.36 M in cash with (11.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Starbox Group has a frail financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Starbox Group's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Starbox Group's stock is overvalued or undervalued compared to its peers.
- Examining Starbox Group's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Starbox Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Starbox Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Starbox Group's stock. These opinions can provide insight into Starbox Group's potential for growth and whether the stock is currently undervalued or overvalued.
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.