Skkynet Cloud Financials
| SKKY Stock | USD 0.70 0.02 2.94% |
With this module, you can analyze Skkynet financials for your investing period. You should be able to track the changes in Skkynet Cloud individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Skkynet |
The data published in Skkynet Cloud's official financial statements typically reflect Skkynet Cloud's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Skkynet Cloud's quantitative information. For example, before you start analyzing numbers published by Skkynet accountants, it's essential to understand Skkynet Cloud's liquidity, profitability, and earnings quality within the context of the Software space in which it operates.
Please note, the imprecision that can be found in Skkynet Cloud's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Skkynet Cloud Systems. Check Skkynet Cloud's Beneish M Score to see the likelihood of Skkynet Cloud's management manipulating its earnings.
Skkynet Cloud Stock Summary
Skkynet Cloud competes with Zenvia, Datasea, AuthID, MicroAlgo, and ACI Worldwide. Skkynet Cloud Systems, Inc., an industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products worldwide. Skkynet Cloud Systems, Inc. was incorporated in 2011 and is headquartered in Mississauga, Canada. Skkynet Cloud operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange. It employs 10 people.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| ISIN | US8307191002 |
| Business Address | 2233 Argentia Road, |
| Sector | Software |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | skkynet.com |
| Phone | 888 628 2028 |
| Currency | USD - US Dollar |
Skkynet Cloud Key Financial Ratios
Skkynet Cloud's financial ratios allow both analysts and investors to convert raw data from Skkynet Cloud's financial statements into concise, actionable information that can be used to evaluate the performance of Skkynet Cloud over time and compare it to other companies across industries.| Return On Equity | 0.0583 | |||
| Return On Asset | -0.0336 | |||
| Number Of Employees | 12 | |||
| Beta | -0.45 |
Skkynet Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Skkynet Cloud's current stock value. Our valuation model uses many indicators to compare Skkynet Cloud value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Skkynet Cloud competition to find correlations between indicators driving Skkynet Cloud's intrinsic value. More Info.Skkynet Cloud Systems is rated second in return on equity category among its peers. It is rated third in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Skkynet Cloud by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Skkynet Cloud's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Skkynet Cloud Systems Systematic Risk
Skkynet Cloud's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Skkynet Cloud volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Skkynet Cloud Systems correlated with the market. If Beta is less than 0 Skkynet Cloud generally moves in the opposite direction as compared to the market. If Skkynet Cloud Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Skkynet Cloud Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Skkynet Cloud is generally in the same direction as the market. If Beta > 1 Skkynet Cloud moves generally in the same direction as, but more than the movement of the benchmark.
Skkynet Cloud February 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Skkynet Cloud help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Skkynet Cloud Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Skkynet Cloud Systems based on widely used predictive technical indicators. In general, we focus on analyzing Skkynet OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Skkynet Cloud's daily price indicators and compare them against related drivers.
| Downside Deviation | 14.95 | |||
| Information Ratio | 0.0149 | |||
| Maximum Drawdown | 64.7 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 15.49 |
Additional Tools for Skkynet OTC Stock Analysis
When running Skkynet Cloud's price analysis, check to measure Skkynet Cloud'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 Skkynet Cloud is operating at the current time. Most of Skkynet Cloud's value examination focuses on studying past and present price action to predict the probability of Skkynet Cloud's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skkynet Cloud's price. Additionally, you may evaluate how the addition of Skkynet Cloud to your portfolios can decrease your overall portfolio volatility.