Star Jets International Stock Fundamentals
| JETR Stock | USD 0.02 0 26.35% |
Star Jets International fundamentals help investors to digest information that contributes to Star Jets' financial success or failures. It also enables traders to predict the movement of Star Pink Sheet. The fundamental analysis module provides a way to measure Star Jets' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Star Jets pink sheet.
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Star Jets International Company Book Value Per Share Analysis
Star Jets' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Star Jets Book Value Per Share | (0.68) X |
Most of Star Jets' fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Star Jets International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Star Jets International is about -0.684 times. This is 100.0% lower than that of the Industrials sector and 101.69% lower than that of the Airports & Air Services industry. The book value per share for all United States stocks is 100.04% higher than that of the company.
Star Jets International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Star Jets's current stock value. Our valuation model uses many indicators to compare Star Jets value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Star Jets competition to find correlations between indicators driving Star Jets's intrinsic value. More Info.Star Jets International is currently regarded as number one stock in net income category among its peers. It also is currently regarded as number one stock in book value per share category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Star Jets' earnings, one of the primary drivers of an investment's value.Star Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Star Jets' direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Star Jets could also be used in its relative valuation, which is a method of valuing Star Jets by comparing valuation metrics of similar companies.Star Jets is currently under evaluation in book value per share category among its peers.
Star Fundamentals
| Net Income | (88.8 K) | |||
| Book Value Per Share | (0.68) X | |||
| Cash Flow From Operations | (88.15 K) | |||
| Beta | 2.46 | |||
| Total Asset | 5.05 M | |||
| Net Asset | 5.05 M |
About Star Jets Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Star Jets International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Star Jets using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Star Jets International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Star Jets International, LLC offers private jets brokerage services. The company was founded in 2016 and is based in New York, New York. Star Jets operates under Airports Air Services classification in the United States and is traded on OTC Exchange.
Pair Trading with Star Jets
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Star Jets position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Star Jets will appreciate offsetting losses from the drop in the long position's value.Moving against Star Pink Sheet
| 0.75 | ANNSF | Aena SME SA | PairCorr |
| 0.73 | ANYYY | Aena SME SA | PairCorr |
| 0.52 | PTAIF | PT Astra International | PairCorr |
| 0.42 | SSNLF | Samsung Electronics | PairCorr |
| 0.42 | PBCRY | Bank Central Asia | PairCorr |
The ability to find closely correlated positions to Star Jets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Star Jets when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Star Jets - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Star Jets International to buy it.
The correlation of Star Jets is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Star Jets moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Star Jets International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Star Jets can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.