Sky Metals (Australia) Performance
| SKY Stock | 0.05 0 1.92% |
Sky Metals has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sky Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sky Metals is expected to be smaller as well. Sky Metals right now has a risk of 2.7%. Please validate Sky Metals potential upside, skewness, rate of daily change, as well as the relationship between the semi variance and accumulation distribution , to decide if Sky Metals will be following its existing price patterns.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Sky Metals are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Sky Metals is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Last Split Factor 1:10 | Last Split Date 2019-06-14 |
1 | Sky Metals Issues New Performance Rights - Nasdaq | 12/04/2024 |
2 | Metal Sky Star Acquisition Corporation Announces Board Changes - Marketscreener.com | 01/10/2025 |
3 | Chinese Biotech Ascentage Aims For 134M IPO - BioSpace | 01/22/2025 |
4 | Sky Metals Secures Strong Cash Position Amid Exploration Investments - TipRanks | 01/29/2025 |
5 | Sky Metals Reports Promising Tin-Tungsten Finds at Tallebung - TipRanks | 02/11/2025 |
| Begin Period Cash Flow | 3.8 M |
Sky |
Sky Metals Relative Risk vs. Return Landscape
If you would invest 5.10 in Sky Metals on November 29, 2024 and sell it today you would earn a total of 0.20 from holding Sky Metals or generate 3.92% return on investment over 90 days. Sky Metals is generating 0.0998% of daily returns assuming 2.6995% volatility of returns over the 90 days investment horizon. Simply put, 24% of all stocks have less volatile historical return distribution than Sky Metals, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sky Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sky Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sky Metals, and traders can use it to determine the average amount a Sky Metals' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.037
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| Cash | Small Risk | SKY | High Risk | Huge Risk |
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Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Sky Metals is performing at about 2% 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 Sky Metals by adding it to a well-diversified portfolio.
Sky Metals Fundamentals Growth
Sky Stock prices reflect investors' perceptions of the future prospects and financial health of Sky Metals, and Sky Metals fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sky Stock performance.
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.0767 | ||||
| Current Valuation | 34.76 M | ||||
| Shares Outstanding | 710.7 M | ||||
| Price To Book | 2.20 X | ||||
| Price To Sales | 723.19 X | ||||
| Revenue | 26.8 K | ||||
| Gross Profit | 15.77 K | ||||
| EBITDA | (1.97 M) | ||||
| Net Income | (2.03 M) | ||||
| Total Debt | 1.28 M | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (987) | ||||
| Total Asset | 18.42 M | ||||
| Retained Earnings | (65.44 M) | ||||
About Sky Metals Performance
Assessing Sky Metals' fundamental ratios provides investors with valuable insights into Sky Metals' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Sky Metals is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Sky Metals is entity of Australia. It is traded as Stock on AU exchange.Things to note about Sky Metals performance evaluation
Checking the ongoing alerts about Sky Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sky Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sky Metals has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 26.8 K. Net Loss for the year was (2.03 M) with profit before overhead, payroll, taxes, and interest of 15.77 K. | |
| Sky Metals generates negative cash flow from operations | |
| About 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Sky Metals Reports Promising Tin-Tungsten Finds at Tallebung - TipRanks |
- Analyzing Sky Metals' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Sky Metals' stock is overvalued or undervalued compared to its peers.
- Examining Sky Metals' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Sky Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sky Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sky Metals' stock. These opinions can provide insight into Sky Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Sky Stock Analysis
When running Sky Metals' price analysis, check to measure Sky Metals' 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 Sky Metals is operating at the current time. Most of Sky Metals' value examination focuses on studying past and present price action to predict the probability of Sky Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sky Metals' price. Additionally, you may evaluate how the addition of Sky Metals to your portfolios can decrease your overall portfolio volatility.