SKGR Other Assets from 2010 to 2025

SKGR Stock  USD 11.65  0.03  0.26%   
SK Growth Other Assets yearly trend continues to be relatively stable with very little volatility. Other Assets are likely to grow to about 263.1 M this year. During the period from 2010 to 2025, SK Growth Other Assets destribution of quarterly values had range of 263 M from its regression line and mean deviation of  88,983,367. View All Fundamentals
 
Other Assets  
First Reported
2010-12-31
Previous Quarter
250.5 M
Current Value
263.1 M
Quarterly Volatility
106.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SK Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SK Growth's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.4 M, Interest Expense of 3.4 M or Selling General Administrative of 2.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.79. SKGR financial statements analysis is a perfect complement when working with SK Growth Valuation or Volatility modules.
  
Check out the analysis of SK Growth Correlation against competitors.

Latest SK Growth's Other Assets Growth Pattern

Below is the plot of the Other Assets of SK Growth Opportunities over the last few years. It is SK Growth's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SK Growth's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

SKGR Other Assets Regression Statistics

Arithmetic Mean59,354,229
Geometric Mean296,593
Coefficient Of Variation179.63
Mean Deviation88,983,367
Median31,985
Standard Deviation106,618,640
Sample Variance11367.5T
Range263M
R-Value0.76
Mean Square Error5163.2T
R-Squared0.58
Significance0.0007
Slope16,997,295
Total Sum of Squares170513T

SKGR Other Assets History

2025263.1 M
2024250.5 M
2022217.9 M

About SK Growth Financial Statements

SK Growth shareholders use historical fundamental indicators, such as Other Assets, to determine how well the company is positioned to perform in the future. Although SK Growth investors may analyze each financial statement separately, they are all interrelated. The changes in SK Growth's assets and liabilities, for example, are also reflected in the revenues and expenses on on SK Growth's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Other Assets250.5 M263.1 M

Pair Trading with SK Growth

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 SK Growth 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 SK Growth will appreciate offsetting losses from the drop in the long position's value.

Moving together with SKGR Stock

  0.63V Visa Class APairCorr
  0.63FDUS Fidus Investment CorpPairCorr

Moving against SKGR Stock

  0.64BEN Franklin ResourcesPairCorr
  0.53AMG Affiliated ManagersPairCorr
  0.33DHIL Diamond Hill InvestmentPairCorr
  0.31BBUC Brookfield Business CorpPairCorr
The ability to find closely correlated positions to SK Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SK Growth 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 SK Growth - 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 SK Growth Opportunities to buy it.
The correlation of SK Growth 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 SK Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SK Growth Opportunities 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 SK Growth 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.
Pair CorrelationCorrelation Matching

Additional Tools for SKGR Stock Analysis

When running SK Growth's price analysis, check to measure SK Growth's 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 SK Growth is operating at the current time. Most of SK Growth's value examination focuses on studying past and present price action to predict the probability of SK Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Growth's price. Additionally, you may evaluate how the addition of SK Growth to your portfolios can decrease your overall portfolio volatility.