South Star Battery Stock Market Value
| STSBF Stock | USD 0.39 0.04 9.30% |
| Symbol | South |
South Star '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 South Star's otc 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 South Star.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in South Star on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding South Star Battery or generate 0.0% return on investment in South Star over 720 days. South Star is related to or competes with Strategic Resources. South Star Battery Metals Corp. engages in the exploration and development of mineral properties in Brazil More
South Star 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 South Star's otc 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 South Star Battery upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 23.61 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 10.0 |
South Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for South Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as South Star's standard deviation. In reality, there are many statistical measures that can use South Star historical prices to predict the future South Star's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | 0.1863 |
South Star Battery Backtested Returns
South Star Battery owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0229, which indicates the firm had a -0.0229% return per unit of risk over the last 3 months. South Star Battery exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate South Star's Coefficient Of Variation of (1,559), risk adjusted performance of (0.04), and Variance of 19.14 to confirm the risk estimate we provide. The entity has a beta of -1.56, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning South Star are expected to decrease by larger amounts. On the other hand, during market turmoil, South Star is expected to outperform it. At this point, South Star Battery has a negative expected return of -0.0968%. Please make sure to validate South Star's treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if South Star Battery performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
South Star Battery has insignificant reverse predictability. Overlapping area represents the amount of predictability between South Star time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 South Star Battery price movement. The serial correlation of -0.12 indicates that less than 12.0% of current South Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
South Star Battery lagged returns against current returns
Autocorrelation, which is South Star otc 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 South Star's otc stock expected returns. We can calculate the autocorrelation of South Star returns to help us make a trade decision. For example, suppose you find that South Star has exhibited high autocorrelation historically, and you observe that the otc 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 |
South Star 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 South Star otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if South Star otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in South Star otc stock over time.
Current vs Lagged Prices |
| Timeline |
South Star Lagged Returns
When evaluating South Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of South Star otc stock have on its future price. South Star 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, South Star autocorrelation shows the relationship between South Star otc stock current value and its past values and can show if there is a momentum factor associated with investing in South Star Battery.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in South OTC Stock
South Star financial ratios help investors to determine whether South OTC 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 South with respect to the benefits of owning South Star security.