SKGR Historical Income Statement
| SKGR Stock | USD 11.63 0.01 0.09% |
Historical analysis of SK Growth income statement accounts such as Other Operating Expenses of 2.3 M, Ebitda of 8.6 M, Total Operating Expenses of 2.3 M or Income Before Tax of 8.6 M can show how well SK Growth Opportunities performed in making a profits. Evaluating SK Growth income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SK Growth's future profits or losses.
SK Growth Net Income |
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SKGR |
About SKGR Income Statement Analysis
SK Growth Opportunities Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SK Growth shareholders. The income statement also shows SKGR investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
SK Growth Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SK Growth Opportunities. It is also known as SK Growth overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from SK Growth's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SK Growth Opportunities current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SK Growth Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
SK Growth income statement Correlations
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SK Growth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with SK Growth
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SK Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SK Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with SKGR Stock
| 0.75 | V | Visa Class A | PairCorr |
| 0.88 | MA | Mastercard | PairCorr |
| 0.88 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
Moving against SKGR Stock
The ability to find closely correlated positions to SK Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SK Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SK Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SK Growth Opportunities to buy it.
The correlation of SK Growth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SK Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SK Growth Opportunities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SK Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for SKGR Stock Analysis
When running SK Growth's price analysis, check to measure SK Growth's 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 SK Growth is operating at the current time. Most of SK Growth's value examination focuses on studying past and present price action to predict the probability of SK Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Growth's price. Additionally, you may evaluate how the addition of SK Growth to your portfolios can decrease your overall portfolio volatility.