Star Health (India) Market Value
| STARHEALTH | 433.40 0.60 0.14% |
| Symbol | Star |
Star Health '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 Health'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 Star Health.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Star Health on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Star Health and or generate 0.0% return on investment in Star Health over 90 days. Star Health is related to or competes with State Bank, HDFC Bank, Oil Natural, ICICI Bank, and Tata Motors. Star Health is entity of India. It is traded as Stock on NSE exchange. More
Star Health 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 Health'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 Star Health and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.0272 | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 3.81 |
Star Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Star Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Star Health's standard deviation. In reality, there are many statistical measures that can use Star Health historical prices to predict the future Star Health's volatility.| Risk Adjusted Performance | 0.0987 | |||
| Jensen Alpha | 0.1917 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0336 | |||
| Treynor Ratio | (2.80) |
Star Health Backtested Returns
At this point, Star Health is very steady. Star Health owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0834, which indicates the firm had a 0.0834 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Star Health and, which you can use to evaluate the volatility of the company. Please validate Star Health's Risk Adjusted Performance of 0.0987, coefficient of variation of 998.41, and Semi Deviation of 1.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Star Health has a performance score of 6 on a scale of 0 to 100. The entity has a beta of -0.0655, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Star Health are expected to decrease at a much lower rate. During the bear market, Star Health is likely to outperform the market. Star Health right now has a risk of 1.94%. Please validate Star Health jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to decide if Star Health will be following its existing price patterns.
Auto-correlation | -0.28 |
Weak reverse predictability
Star Health and has weak reverse predictability. Overlapping area represents the amount of predictability between Star Health time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 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 Health price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Star Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 237.49 |
Star Health lagged returns against current returns
Autocorrelation, which is Star Health 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 Star Health's stock expected returns. We can calculate the autocorrelation of Star Health returns to help us make a trade decision. For example, suppose you find that Star Health 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 |
Star Health 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 Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Star Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Star Health stock over time.
Current vs Lagged Prices |
| Timeline |
Star Health Lagged Returns
When evaluating Star Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Star Health stock have on its future price. Star Health 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 Health autocorrelation shows the relationship between Star Health stock current value and its past values and can show if there is a momentum factor associated with investing in Star Health and.
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 Star Stock
Star Health financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Health security.