Star Diamond Stock Analysis
| SHGDF Stock | USD 0.03 0.00 0.00% |
Star Diamond holds a debt-to-equity ratio of 0.001. Star Diamond's financial risk is the risk to Star Diamond stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Star Diamond's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Star Diamond's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Star Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Star Diamond's stakeholders.
For many companies, including Star Diamond, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Star Diamond, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Star Diamond's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Star Diamond's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Star Diamond is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Star Diamond to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Star Diamond is said to be less leveraged. If creditors hold a majority of Star Diamond's assets, the Company is said to be highly leveraged.
Star Diamond is overvalued with Real Value of 0.0261 and Hype Value of 0.03. The main objective of Star Diamond pink sheet analysis is to determine its intrinsic value, which is an estimate of what Star Diamond is worth, separate from its market price. There are two main types of Star Diamond's stock analysis: fundamental analysis and technical analysis.
The Star Diamond pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Star Diamond's ongoing operational relationships across important fundamental and technical indicators.
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Star Pink Sheet Analysis Notes
About 18.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.57. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Star Diamond recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. Star Diamond Corporation engages in the exploration, development, and production of diamonds in Canada. Star Diamond Corporation was incorporated in 1985 and is headquartered in Saskatoon, Canada. Shore Gold operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 5 people.The quote for Star Diamond is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Star Diamond contact Kenneth MacNeill at 306 664 2202 or learn more at https://www.stardiamondcorp.com.Star Diamond Investment Alerts
| Star Diamond is way too risky over 90 days horizon | |
| Star Diamond has some characteristics of a very speculative penny stock | |
| Star Diamond appears to be risky and price may revert if volatility continues | |
| Star Diamond has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.69 M) with profit before overhead, payroll, taxes, and interest of 85 K. | |
| Star Diamond has accumulated about 2.99 M in cash with (5.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 18.0% of the company outstanding shares are owned by corporate insiders |
Star Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 33.84 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Star Diamond's market, we take the total number of its shares issued and multiply it by Star Diamond's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 9th of February, Star Diamond has the Coefficient Of Variation of 1316.15, variance of 276.16, and Risk Adjusted Performance of 0.0707. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Star Diamond, as well as the relationship between them. Please validate Star Diamond variance, as well as the relationship between the maximum drawdown and skewness to decide if Star Diamond is priced more or less accurately, providing market reflects its prevalent price of 0.03 per share. As Star Diamond appears to be a penny stock we also recommend to double-check its jensen alpha numbers.Star Diamond Price Movement Analysis
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Star Diamond Predictive Daily Indicators
Star Diamond intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Star Diamond pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Star Diamond Forecast Models
Star Diamond's time-series forecasting models are one of many Star Diamond's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Star Diamond's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Star Diamond Debt to Cash Allocation
Many companies such as Star Diamond, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Star Diamond has accumulated 79 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Star Diamond has a current ratio of 6.72, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Star Diamond until it has trouble settling it off, either with new capital or with free cash flow. So, Star Diamond's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Star Diamond sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Star to invest in growth at high rates of return. When we think about Star Diamond's use of debt, we should always consider it together with cash and equity.Star Diamond Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Star Diamond's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Star Diamond, which in turn will lower the firm's financial flexibility.About Star Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Star Diamond prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Star shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Star Diamond. By using and applying Star Pink Sheet analysis, traders can create a robust methodology for identifying Star entry and exit points for their positions.
Star Diamond Corporation engages in the exploration, development, and production of diamonds in Canada. Star Diamond Corporation was incorporated in 1985 and is headquartered in Saskatoon, Canada. Shore Gold operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 5 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Star Diamond to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Star Diamond's price analysis, check to measure Star Diamond'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 Star Diamond is operating at the current time. Most of Star Diamond's value examination focuses on studying past and present price action to predict the probability of Star Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Diamond's price. Additionally, you may evaluate how the addition of Star Diamond to your portfolios can decrease your overall portfolio volatility.
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