Starbox Group Holdings Stock Market Value
| STBX Stock | USD 0.27 0.01 3.85% |
| Symbol | Starbox |
Starbox Group Holdings Price To Book Ratio
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Starbox Group. If investors know Starbox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Starbox Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Earnings Share (114.20) | Revenue Per Share | Quarterly Revenue Growth (0.78) | Return On Assets |
The market value of Starbox Group Holdings is measured differently than its book value, which is the value of Starbox that is recorded on the company's balance sheet. Investors also form their own opinion of Starbox Group's value that differs from its market value or its book value, called intrinsic value, which is Starbox Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Starbox Group's market value can be influenced by many factors that don't directly affect Starbox Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Starbox Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Starbox Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Starbox Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Starbox Group '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 Starbox Group's stock 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 Starbox Group.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Starbox Group on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Starbox Group Holdings or generate 0.0% return on investment in Starbox Group over 90 days. Starbox Group is related to or competes with Onfolio Holdings, MediaAlpha, Asset Entities, Yelp, and BuzzFeed. Starbox Group Holdings Ltd., through its subsidiaries, provides digital advertising services to retail merchant advertis... More
Starbox Group 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 Starbox Group's stock 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 Starbox Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.1 | |||
| Information Ratio | 0.0582 | |||
| Maximum Drawdown | 580.66 | |||
| Value At Risk | (22.22) | |||
| Potential Upside | 15.03 |
Starbox Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Starbox Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Starbox Group's standard deviation. In reality, there are many statistical measures that can use Starbox Group historical prices to predict the future Starbox Group's volatility.| Risk Adjusted Performance | 0.0573 | |||
| Jensen Alpha | 1.35 | |||
| Total Risk Alpha | 15.16 | |||
| Sortino Ratio | 0.2601 | |||
| Treynor Ratio | (0.22) |
Starbox Group Holdings Backtested Returns
Starbox Group is out of control given 3 months investment horizon. Starbox Group Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.052, which indicates the firm had a 0.052 % return per unit of risk over the last 3 months. We have analyzed twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.68% are justified by taking the suggested risk. Use Starbox Group Holdings Coefficient Of Variation of 1778.79, risk adjusted performance of 0.0573, and Semi Deviation of 12.85 to evaluate company specific risk that cannot be diversified away. Starbox Group holds a performance score of 4 on a scale of zero to a hundred. The entity has a beta of -17.13, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Starbox Group are expected to decrease by larger amounts. On the other hand, during market turmoil, Starbox Group is expected to outperform it. Use Starbox Group Holdings total risk alpha, as well as the relationship between the downside variance and daily balance of power , to analyze future returns on Starbox Group Holdings.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Starbox Group Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between Starbox Group time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Starbox Group Holdings price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Starbox Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Starbox Group Holdings lagged returns against current returns
Autocorrelation, which is Starbox Group stock'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 Starbox Group's stock expected returns. We can calculate the autocorrelation of Starbox Group returns to help us make a trade decision. For example, suppose you find that Starbox Group has exhibited high autocorrelation historically, and you observe that the stock 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 |
Starbox Group 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 Starbox Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Starbox Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Starbox Group stock over time.
Current vs Lagged Prices |
| Timeline |
Starbox Group Lagged Returns
When evaluating Starbox Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Starbox Group stock have on its future price. Starbox Group 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, Starbox Group autocorrelation shows the relationship between Starbox Group stock current value and its past values and can show if there is a momentum factor associated with investing in Starbox Group Holdings.
Regressed Prices |
| Timeline |
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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.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.