Star Common Stock Shares Outstanding from 2010 to 2024
| SGU Stock | USD 10.91 0.05 0.46% |
Common Stock Shares Outstanding | First Reported 1995-12-31 | Previous Quarter 35.6 M | Current Value 35.5 M | Quarterly Volatility 21.7 M |
Check Star Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Star Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.6 M, Interest Expense of 15.2 M or Selling General Administrative of 42.1 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.0957 or PTB Ratio of 1.85. Star financial statements analysis is a perfect complement when working with Star Gas Valuation or Volatility modules.
Star | Common Stock Shares Outstanding |
Latest Star Gas' Common Stock Shares Outstanding Growth Pattern
Below is the plot of the Common Stock Shares Outstanding of Star Gas Partners over the last few years. It is the total number of shares of a company's common stock that are currently owned by all its shareholders. Star Gas' Common Stock Shares Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Star Gas' overall financial position and show how it may be relating to other accounts over time.
| Common Stock Shares Outstanding | 10 Years Trend |
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Common Stock Shares Outstanding |
| Timeline |
Star Common Stock Shares Outstanding Regression Statistics
| Arithmetic Mean | 47,075,685 | |
| Geometric Mean | 40,926,898 | |
| Coefficient Of Variation | 31.58 | |
| Mean Deviation | 10,565,868 | |
| Median | 50,814,000 | |
| Standard Deviation | 14,867,300 | |
| Sample Variance | 221T | |
| Range | 59.1M | |
| R-Value | (0.09) | |
| Mean Square Error | 236.1T | |
| R-Squared | 0.01 | |
| Significance | 0.75 | |
| Slope | (300,050) | |
| Total Sum of Squares | 3094.5T |
Star Common Stock Shares Outstanding History
About Star Gas Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Star Gas income statement, its balance sheet, and the statement of cash flows. Star Gas investors use historical funamental indicators, such as Star Gas's Common Stock Shares Outstanding, to determine how well the company is positioned to perform in the future. Although Star Gas investors may use each financial statement separately, they are all related. The changes in Star Gas's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Star Gas's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Star Gas Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Star Gas. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41 M | 48.3 M |
Pair Trading with Star Gas
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 Gas 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 Gas will appreciate offsetting losses from the drop in the long position's value.Moving against Star Stock
| 0.63 | DINO | HF Sinclair Corp | PairCorr |
| 0.61 | DK | Delek Energy | PairCorr |
| 0.57 | CVI | CVR Energy | PairCorr |
| 0.56 | VLO | Valero Energy Financial Report 25th of July 2024 | PairCorr |
| 0.55 | PSX | Phillips 66 | PairCorr |
The ability to find closely correlated positions to Star Gas 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 Gas 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 Gas - 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 Gas Partners to buy it.
The correlation of Star Gas 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 Gas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Star Gas Partners 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 Gas 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 Stock Analysis
When running Star Gas' price analysis, check to measure Star Gas' 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 Gas is operating at the current time. Most of Star Gas' value examination focuses on studying past and present price action to predict the probability of Star Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Gas' price. Additionally, you may evaluate how the addition of Star Gas to your portfolios can decrease your overall portfolio volatility.