Star Petroleum (Thailand) Today
Star Petroleum is trading at 6.75 as of the 14th of December 2024, a 2.27 percent increase since the beginning of the trading day. The stock's open price was 6.6. The performance scores are derived for the period starting the 14th of November 2024 and ending today, the 14th of December 2024. Click here to learn more.
Valuation
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Star Petroleum Refining Risk Profiles
Although Star Petroleum's alpha and beta are two of the key measurements used to evaluate Star Petroleum's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6001 | |||
| Standard Deviation | 3.21 | |||
| Variance | 10.28 | |||
| Risk Adjusted Performance | 0.019 |
Star Stock Against Markets
Star Petroleum Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Star Petroleum stock to make a market-neutral strategy. Peer analysis of Star Petroleum could also be used in its relative valuation, which is a method of valuing Star Petroleum by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Other Information on Investing in Star Stock
Star Petroleum 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 Petroleum security.