Sky Metals Limited Announces Quotation of New Shares - TipRanks
| SKY Stock | 0.05 0 5.45% |
Slightly above 62% of Sky Metals' investor base is looking to short. The current sentiment regarding investing in Sky Metals stock implies that many traders are alarmed. Sky Metals' investing sentiment can be driven by a variety of factors including economic data, Sky Metals' earnings reports, geopolitical events, and overall market trends.
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Sky Metals Limited Announces Quotation of New Shares TipRanks
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Sky Metals Fundamental Analysis
We analyze Sky Metals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sky Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sky Metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Insiders
Shares Owned By Insiders Comparative Analysis
Sky Metals is currently under evaluation in shares owned by insiders category among its peers. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Sky Metals Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sky Metals stock to make a market-neutral strategy. Peer analysis of Sky Metals could also be used in its relative valuation, which is a method of valuing Sky Metals by comparing valuation metrics with similar companies.
Peers
Sky Metals Related Equities
| HMC | Home Consortium | 3.33 | ||||
| WBCPM | Westpac Banking | 0.88 | ||||
| PCI | Perpetual Credit | 0.86 | ||||
| CQE | Charter Hall | 0.77 | ||||
| QBE | Qbe Insurance | 0.98 | ||||
| LLC | Lendlease | 2.10 |
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.