Starlight Energy Corp Stock Market Value
| SAEC Stock | USD 0.05 0.00 0.00% |
| Symbol | Starlight |
Starlight Energy '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 Starlight Energy'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 Starlight Energy.
| 12/28/2022 |
| 12/17/2024 |
If you would invest 0.00 in Starlight Energy on December 28, 2022 and sell it all today you would earn a total of 0.00 from holding Starlight Energy Corp or generate 0.0% return on investment in Starlight Energy over 720 days. Starlight Energy is related to or competes with Permian Resources, Devon Energy, EOG Resources, Coterra Energy, Diamondback Energy, and ConocoPhillips. Starlight Energy Corporation operates as a technology-driven oil and gas production company in the United States More
Starlight Energy 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 Starlight Energy'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 Starlight Energy Corp upside and downside potential and time the market with a certain degree of confidence.
Starlight Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Starlight Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Starlight Energy's standard deviation. In reality, there are many statistical measures that can use Starlight Energy historical prices to predict the future Starlight Energy's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Starlight Energy's 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.
Starlight Energy Corp Backtested Returns
We have found three technical indicators for Starlight Energy Corp, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Starlight Energy are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Starlight Energy Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Starlight Energy time series from 28th of December 2022 to 23rd of December 2023 and 23rd of December 2023 to 17th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Starlight Energy Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Starlight Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Starlight Energy Corp lagged returns against current returns
Autocorrelation, which is Starlight Energy 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 Starlight Energy's pink sheet expected returns. We can calculate the autocorrelation of Starlight Energy returns to help us make a trade decision. For example, suppose you find that Starlight Energy 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 |
Starlight Energy 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 Starlight Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Starlight Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Starlight Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Starlight Energy Lagged Returns
When evaluating Starlight Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Starlight Energy pink sheet have on its future price. Starlight Energy 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, Starlight Energy autocorrelation shows the relationship between Starlight Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Starlight Energy Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Starlight Pink Sheet
Starlight Energy financial ratios help investors to determine whether Starlight 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 Starlight with respect to the benefits of owning Starlight Energy security.