Star Jets International Stock Market Value
| JETR Stock | USD 0.01 0.0008 10.00% |
| Symbol | Star |
Star Jets '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 Jets' 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 Star Jets.
| 12/27/2024 |
| 03/27/2025 |
If you would invest 0.00 in Star Jets on December 27, 2024 and sell it all today you would earn a total of 0.00 from holding Star Jets International or generate 0.0% return on investment in Star Jets over 90 days. Star Jets International, LLC offers private jets brokerage services More
Star Jets 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 Jets' 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 Star Jets International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (16.13) | |||
| Potential Upside | 12.5 |
Star Jets Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Star Jets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Star Jets' standard deviation. In reality, there are many statistical measures that can use Star Jets historical prices to predict the future Star Jets' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | 0.1526 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Star Jets' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Star Jets International Backtested Returns
Star Jets International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0478, which indicates the firm had a -0.0478 % return per unit of risk over the last 3 months. Star Jets International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Star Jets' Variance of 139.79, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,562) to confirm the risk estimate we provide. The entity has a beta of -5.03, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Star Jets are expected to decrease by larger amounts. On the other hand, during market turmoil, Star Jets is expected to outperform it. At this point, Star Jets International has a negative expected return of -0.57%. Please make sure to validate Star Jets' jensen alpha, as well as the relationship between the skewness and day typical price , to decide if Star Jets International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Star Jets International has average predictability. Overlapping area represents the amount of predictability between Star Jets time series from 27th of December 2024 to 10th of February 2025 and 10th of February 2025 to 27th of March 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 Jets International price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Star Jets price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Star Jets International lagged returns against current returns
Autocorrelation, which is Star Jets 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 Star Jets' pink sheet expected returns. We can calculate the autocorrelation of Star Jets returns to help us make a trade decision. For example, suppose you find that Star Jets 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 |
Star Jets 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 Jets pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Star Jets pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Star Jets pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Star Jets Lagged Returns
When evaluating Star Jets' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Star Jets pink sheet have on its future price. Star Jets 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 Jets autocorrelation shows the relationship between Star Jets pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Star Jets International.
Regressed Prices |
| Timeline |
Additional Tools for Star Pink Sheet Analysis
When running Star Jets' price analysis, check to measure Star Jets' 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 Jets is operating at the current time. Most of Star Jets' value examination focuses on studying past and present price action to predict the probability of Star Jets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Jets' price. Additionally, you may evaluate how the addition of Star Jets to your portfolios can decrease your overall portfolio volatility.