SKS Technologies (Australia) Price on April 6, 2023
| SKS Stock | 2.02 0.07 3.59% |
If you're considering investing in SKS Stock, it is important to understand the factors that can impact its price. As of today, the current price of SKS Technologies stands at 2.02, as last reported on the 7th of January, with the highest price reaching 2.08 and the lowest price hitting 1.94 during the day. SKS Technologies appears to be dangerous, given 3 months investment horizon. SKS Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of standard deviation over the last 3 months. By evaluating SKS Technologies' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please review SKS Technologies' risk adjusted performance of 0.1224, and Coefficient Of Variation of 709.03 to confirm if our risk estimates are consistent with your expectations.
SKS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SKS |
Sharpe Ratio = 0.141
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Estimated Market Risk
| 4.59 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average SKS Technologies is performing at about 11% 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 SKS Technologies by adding it to a well-diversified portfolio.
SKS Technologies Valuation on April 6, 2023
It is possible to determine the worth of SKS Technologies on a given historical date. On April 6, 2023 SKS was worth 0.18 at the beginning of the trading date compared to the closed value of 0.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SKS Technologies stock. Still, in general, we apply an absolute valuation method to find SKS Technologies' 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 SKS Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SKS Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 0.18 | 0.18 | 0.18 | 0.18 | 1.00 | |
04/06/2023 | 0.18 | 0.18 | 0.18 | 0.18 | 1.00 |
| 0.18 | 0.18 | 0.18 | 0.18 | 1.00 |
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SKS Technologies Trading Date Momentum on April 6, 2023
| On April 11 2023 SKS Technologies Group was traded for 0.18 at the closing time. The maximum traded price for the trading interval was 0.18 and the lowest daily price was 0.18 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of April 2023 did not result in any price rise and fall. The trading price change to the closing price today is 11.11% . |
SKS Technologies Fundamentals Correlations and Trends
By evaluating SKS Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SKS Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SKS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SKS Technologies Stock history
SKS Technologies 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 SKS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SKS Technologies 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 SKS Technologies stock prices may prove useful in developing a viable investing in SKS Technologies
SKS Technologies Stock Technical Analysis
SKS Technologies 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
SKS Technologies Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
SKS Technologies Group cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
SKS Technologies January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how SKS Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SKS Technologies shares will generate the highest return on investment. By undertsting and applying SKS Technologies stock market strength indicators, traders can identify SKS Technologies Group entry and exit signals to maximize returns
SKS Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SKS Technologies' price direction in advance. Along with the technical and fundamental analysis of SKS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SKS 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 | 0.1224 | |||
| Jensen Alpha | 0.6474 | |||
| Total Risk Alpha | 0.5353 | |||
| Sortino Ratio | 0.1387 | |||
| Treynor Ratio | (1.20) |
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Additional Tools for SKS Stock Analysis
When running SKS Technologies' price analysis, check to measure SKS Technologies' 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 SKS Technologies is operating at the current time. Most of SKS Technologies' value examination focuses on studying past and present price action to predict the probability of SKS Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKS Technologies' price. Additionally, you may evaluate how the addition of SKS Technologies to your portfolios can decrease your overall portfolio volatility.