Sk3 Financial Statements From 2010 to 2025
Sk3 financial statements provide useful quarterly and yearly information to potential Sk3 Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Sk3 financial statements helps investors assess Sk3's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Sk3's valuation are summarized below:Sk3 Group does not currently have any fundamental measures for analysis.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Check Sk3 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sk3's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sk3 financial statements analysis is a perfect complement when working with Sk3 Valuation or Volatility modules.
Sk3 |
Sk3 Group Company Return On Asset Analysis
Sk3's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Sk3 Return On Asset | 0.0452 |
Most of Sk3's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sk3 Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Sk3 Group has a Return On Asset of 0.0452. This is 100.52% lower than that of the Healthcare sector and significantly higher than that of the Health Care Providers & Services industry. The return on asset for all United States stocks is 132.29% lower than that of the firm.
Sk3 Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sk3's current stock value. Our valuation model uses many indicators to compare Sk3 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sk3 competition to find correlations between indicators driving Sk3's intrinsic value. More Info.Sk3 Group is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in profit margin category among its peers fabricating about 0.06 of Profit Margin per Return On Asset. The ratio of Return On Asset to Profit Margin for Sk3 Group is roughly 16.14 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sk3's earnings, one of the primary drivers of an investment's value.Pair Trading with Sk3
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 Sk3 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 Sk3 will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Valero Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Valero Energy 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 Valero Energy - 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 Valero Energy to buy it.
The correlation of Valero Energy 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 Valero Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Valero Energy 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 Valero Energy 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.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Sk3 Stock
If you are still planning to invest in Sk3 Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sk3's history and understand the potential risks before investing.
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