Skeena Resources Stock Price on August 26, 2024
| SKE Stock | CAD 13.13 0.13 1.00% |
Below is the normalized historical share price chart for Skeena Resources extending back to May 22, 1981. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Skeena Resources stands at 13.13, as last reported on the 24th of December, with the highest price reaching 13.24 and the lowest price hitting 12.79 during the day.
If you're considering investing in Skeena Stock, it is important to understand the factors that can impact its price. Skeena Resources appears to be not too volatile, given 3 months investment horizon. Skeena Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0823, which indicates the firm had a 0.0823% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Skeena Resources, which you can use to evaluate the volatility of the company. Please review Skeena Resources' Semi Deviation of 2.74, risk adjusted performance of 0.0536, and Coefficient Of Variation of 1708.77 to confirm if our risk estimates are consistent with your expectations.
At this time, Skeena Resources' Total Stockholder Equity is very stable compared to the past year. As of the 24th of December 2024, Common Stock Shares Outstanding is likely to grow to about 88.6 M, while Common Stock Total Equity is likely to drop about 154.8 M. . At this time, Skeena Resources' Price Book Value Ratio is very stable compared to the past year. As of the 24th of December 2024, Price To Book Ratio is likely to grow to 4.59, while Price Earnings Ratio is likely to drop (5.24). Skeena Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.3081 | 50 Day MA 12.9136 | Beta 1.683 |
Skeena |
Sharpe Ratio = 0.0823
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Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Skeena Resources is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Skeena Resources by adding it to a well-diversified portfolio.
Price Book 15.5936 | Book Value 1.379 | Enterprise Value 1.3 B | Enterprise Value Ebitda (4.03) | Shares Float 83.7 M |
Skeena Resources Valuation on August 26, 2024
It is possible to determine the worth of Skeena Resources on a given historical date. On August 26, 2024 Skeena was worth 10.68 at the beginning of the trading date compared to the closed value of 10.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skeena Resources stock. Still, in general, we apply an absolute valuation method to find Skeena Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Skeena Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skeena Resources' related companies.
| Open | High | Low | Close | Volume | |
| 10.67 | 10.73 | 10.49 | 10.70 | 201,617 | |
08/26/2024 | 10.68 | 11.05 | 10.63 | 10.71 | 248,340 |
| 10.63 | 10.74 | 10.43 | 10.60 | 167,988 |
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Skeena Resources Trading Date Momentum on August 26, 2024
| On August 27 2024 Skeena Resources was traded for 10.60 at the closing time. The maximum traded price for the trading interval was 10.74 and the lowest daily price was 10.43 . The daily volume was recorded at 168 K. The volume of trading on 27th of August 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.03% . The trading price change to the closing price today is 6.44% . |
Skeena Resources Fundamentals Correlations and Trends
By evaluating Skeena Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Skeena Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skeena financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Skeena Resources Stock history
Skeena Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Skeena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skeena Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Skeena Resources stock prices may prove useful in developing a viable investing in Skeena Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 84.4 M | 88.6 M | |
| Net Loss | -80 M | -76 M |
Skeena Resources Quarterly Net Working Capital |
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Skeena Resources Stock Technical Analysis
Skeena Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Skeena Resources Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Skeena Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Skeena Resources December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Skeena Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skeena Resources shares will generate the highest return on investment. By undertsting and applying Skeena Resources stock market strength indicators, traders can identify Skeena Resources entry and exit signals to maximize returns
Skeena Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Skeena Resources' price direction in advance. Along with the technical and fundamental analysis of Skeena Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skeena to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0536 | |||
| Jensen Alpha | 0.1414 | |||
| Total Risk Alpha | 0.0746 | |||
| Sortino Ratio | 0.0463 | |||
| Treynor Ratio | 0.2083 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skeena Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.