Sky Century Investment Stock Market Value
| SKYI Stock | USD 0 0.0003 15.00% |
| Symbol | Sky |
Sky Century 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sky Century's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sky Century.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Sky Century on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Sky Century Investment or generate 0.0% return on investment in Sky Century over 90 days. Sky Century is related to or competes with QuantumKore. Sky Century Investment, Inc. engages in selling cannabidiol products using pharmaceutical grade ingredients More
Sky Century Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sky Century's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sky Century Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 39.24 | |||
| Information Ratio | 0.1038 | |||
| Maximum Drawdown | 125.49 | |||
| Value At Risk | (36.00) | |||
| Potential Upside | 56.25 |
Sky Century Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sky Century's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sky Century's standard deviation. In reality, there are many statistical measures that can use Sky Century historical prices to predict the future Sky Century's volatility.| Risk Adjusted Performance | 0.0956 | |||
| Jensen Alpha | 1.55 | |||
| Total Risk Alpha | 4.48 | |||
| Sortino Ratio | 0.053 | |||
| Treynor Ratio | (0.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sky Century's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sky Century Investment Backtested Returns
Sky Century is out of control given 3 months investment horizon. Sky Century Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1 % return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.07% are justified by taking the suggested risk. Use Sky Century Investment Coefficient Of Variation of 1011.47, risk adjusted performance of 0.0956, and Semi Deviation of 12.76 to evaluate company specific risk that cannot be diversified away. Sky Century holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of -3.81, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sky Century are expected to decrease by larger amounts. On the other hand, during market turmoil, Sky Century is expected to outperform it. Use Sky Century Investment maximum drawdown, expected short fall, as well as the relationship between the Expected Short fall and day median price , to analyze future returns on Sky Century Investment.
Auto-correlation | 0.18 |
Very weak predictability
Sky Century Investment has very weak predictability. Overlapping area represents the amount of predictability between Sky Century time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sky Century Investment price movement. The serial correlation of 0.18 indicates that over 18.0% of current Sky Century price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sky Century Investment lagged returns against current returns
Autocorrelation, which is Sky Century pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sky Century's pink sheet expected returns. We can calculate the autocorrelation of Sky Century returns to help us make a trade decision. For example, suppose you find that Sky Century has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sky Century regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sky Century pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sky Century pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sky Century pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sky Century Lagged Returns
When evaluating Sky Century's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sky Century pink sheet have on its future price. Sky Century autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sky Century autocorrelation shows the relationship between Sky Century pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sky Century Investment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sky Pink Sheet
Sky Century financial ratios help investors to determine whether Sky Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sky with respect to the benefits of owning Sky Century security.