Star Media (Malaysia) Price on June 14, 2024
| 6084 Stock | 0.41 0.00 0.00% |
If you're considering investing in Star Stock, it is important to understand the factors that can impact its price. As of today, the current price of Star Media stands at 0.41, as last reported on the 2nd of December, with the highest price reaching 0.41 and the lowest price hitting 0.41 during the day. Star Media Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0811, which indicates the firm had a -0.0811% return per unit of risk over the last 3 months. Star Media Group exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Star Media's Variance of 4.02, coefficient of variation of (1,232), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Star Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Star |
Sharpe Ratio = -0.0811
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6084 |
Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.16 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 Star Media 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 Star Media by adding Star Media to a well-diversified portfolio.
Star Media Valuation on June 14, 2024
It is possible to determine the worth of Star Media on a given historical date. On June 14, 2024 Star was worth 0.39 at the beginning of the trading date compared to the closed value of 0.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Star Media stock. Still, in general, we apply an absolute valuation method to find Star Media's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Star Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Star Media's related companies.
| Open | High | Low | Close | Volume | |
| 0.40 | 0.41 | 0.39 | 0.39 | 3,941,400 | |
06/14/2024 | 0.39 | 0.39 | 0.39 | 0.39 | 542,100 |
| 0.39 | 0.39 | 0.39 | 0.39 | 895,800 |
| Backtest Star Media | | | Star Media History | | | Star Media Valuation | Previous | Next |
Star Media Trading Date Momentum on June 14, 2024
| On June 18 2024 Star Media Group was traded for 0.39 at the closing time. The highest price during the trading period was 0.39 and the lowest recorded bid was listed for 0.39 . The volume for the day was 895.8 K. This history from June 18, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.56% . |
Star Media Group Fundamentals Correlations and Trends
By evaluating Star Media's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Star Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Star financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Star Media Stock history
Star Media investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Star is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Star Media Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Star Media stock prices may prove useful in developing a viable investing in Star Media
Star Media Stock Technical Analysis
Star Media technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Star Media Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Star Media Group cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Star Media December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Star Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Star Media shares will generate the highest return on investment. By undertsting and applying Star Media stock market strength indicators, traders can identify Star Media Group entry and exit signals to maximize returns
Star Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Star Media's price direction in advance. Along with the technical and fundamental analysis of Star Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Star to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 2.12 |
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Other Information on Investing in Star Stock
Star Media 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 Media security.