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Shareholder Report
 12 Months Ended
Aug. 31, 2024
USD ($)
Holdings
Shareholder Report [Line Items]  
Document Type N-CSR
Amendment Flag false
Registrant Name Starboard Investment Trust
Entity Central Index Key 0001464413
Entity Investment Company Type N-1A
Document Period End Date Aug. 31, 2024
Roumell Opportunistic Value Fund (Institutional Class)  
Shareholder Report [Line Items]  
Fund Name Roumell Opportunistic Value Fund
Class Name Institutional Class
Trading Symbol RAMSX
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Roumell Opportunistic Value Fund for the period September 1, 2023 to August 31, 2024.
Shareholder Report Annual or Semi-Annual annual shareholder report
Additional Information [Text Block] You can find additional information about the Fund at https://www.roumellfund.com. You can also request this information by contacting us at (800) 773-3863.
Additional Information Phone Number (800) 773-3863
Additional Information Website https://www.roumellfund.com
Expenses [Text Block]

What were the Fund costs for the past year?
(based on a hypothetical $10,000 investment)

Fund Name

 Costs of a $10,000 investment

 Costs paid as a percentage of a $10,000 investment

RAMSX

$123.72

1.23%

Expenses Paid, Amount $ 123.72
Expense Ratio, Percent 1.23%
Factors Affecting Performance [Text Block]

How did the Fund perform last year and what affected its performance?

For the twelve months ended August 31, 2024, the Fund returned 5.01%. The Fund underperformed the S&P 500 Index, which returned 22.15%, and the blended 60% Russell 2000/40% Bloomberg US Government/Credit Bond Index, which returned 11.78%. The Fund seeks to find value through out of favor, overlooked, or misunderstood securities.

What Factors Influenced Performance

During the period, inflation concerns eased and the stock market began anticipating Fed interest rate cuts. In addition, artificial intelligence led to a surge in large cap tech stocks (such as Google’s parent Alphabet, Amazon, Apple, Meta Platforms, Microsoft and Nvidia). This surge drove the performance of the S&P 500 Index. The Advisor, as an opportunistic capital allocator with a deep-value bias in selecting individual securities, did not select securities that participated in this run. The Fund also held an average of nearly 25% cash and cash equivalents, which caused a drag on performance.

Top Contributors to Performance:

Dundee Precious Metals Inc. increased approximately 50% in value and represented 9.1% of the Fund’s portfolio as of August 31, 2024.

Liberty Energy Inc. increased approximately 29% in value and represented 8.7% of the Fund’s portfolio as of August 31, 2024.

Top Detractors from Performance:

The Fund’s position in Quantum Corp. was fully liquidated, which resulted in a loss of approximately 55% from the beginning of this fiscal year.

The Fund’s position in Collplant Biotechnologies Ltd. was fully liquidated, which resulted in a loss of approximately 25% from the beginning of this fiscal year.
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of the Fund's future performance.
Line Graph [Table Text Block]

Cumulative Performance

From August 31, 2014 through August 31, 2024

Initial Investment of $10,000

Date

Roumell Opportunistic Value Fund ($12,783)

S&P 500 Total Return Index ($33,885)

Russell 2000 Value Index ($20,533)

Bloomberg Capital U.S. Government/Credit Bond Index ($11,909)

Benchmark of 60% Russell 2000 Value Index and 40% Bloomberg Capital U.S. Government/Credit Bond Index ($17,079)

8/31/14

10000

10000

10000

10000

10000

8/31/15

8080

10049

9501

10109

9742

8/31/16

8306

11310

10812

10797

10803

8/31/17

9825

13146

12268

10837

11693

8/31/18

10869

15731

14728

10699

13113

8/31/19

10531

16191

12534

11921

12286

8/31/20

11094

19742

11765

12788

12171

8/31/21

18240

25895

18764

12774

16363

8/31/22

10998

22988

16853

11206

14590

8/31/23

12173

26653

17219

11109

14771

8/31/24

12783

33885

20533

11909

17079
Average Annual Return [Table Text Block]

Average Annual Total Returns

 

 

1 year

5 year

10 year

RAMSX

5.01%

3.95%

2.48%

S&P 500 Total Return Index

27.14%

15.92%

12.98%

Russell 2000 Value Index

19.25%

10.38%

7.46%

Bloomberg Capital U.S. Government/Credit Bond Index

7.21%

-0.02%

1.76%

Benchmark of 60% Russell 2000 Value Index and 40% Bloomberg Capital U.S. Government/Credit Bond Index

14.83%

7.19%

5.88%

No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
Net Assets $ 55,250,920
Holdings Count | Holdings 16
Advisory Fees Paid, Amount $ 620,150
Investment Company, Portfolio Turnover 35.62%
Additional Fund Statistics [Text Block]

Key Fund Statistics
(as of August 31, 2024)

 

 

Fund Size

$55,250,920

Number of Holdings

16

Net Advisory Fee

$620,150

Annual Portfolio Turnover

35.62%

Holdings [Text Block]

What did the Fund invest in?

(as of August 31, 2024)

Sector Breakdown (% of net assets)

Sector

%

Communications

16.1%

Energy

14.1%

Consumer Discretionary

10.90%

Real Estate

10.7%

United States Treasury Bills

9.9%

Materials

9.1%

Technology

8.6%

Closed-End Funds

6.3%

Industrials

3.9%

Private Investments

0.3%

Other

10.1%
Largest Holdings [Text Block]

Top Ten Holdings

(% of net assets)

United States Treasury Bill, 0.000%, 10/3/24

9.91%

Dundee Precious Metals Inc

9.06%

Liberty Energy Inc

8.70%

Olo Inc

8.63%

Liquidity Services Inc

8.21%

Magnite Inc

8.18%

Opera Ltd

7.88%

Kite Realty Group Trust

5.99%

Patterson-UTI Energy Inc

5.41%

Whitestone REIT

4.67%