Skeena Resources Stock Performance
| SKE Stock | CAD 15.16 0.28 1.81% |
On a scale of 0 to 100, Skeena Resources holds a performance score of 6. The entity has a beta of -0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Skeena Resources are expected to decrease at a much lower rate. During the bear market, Skeena Resources is likely to outperform the market. Please check Skeena Resources' jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Skeena Resources' existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Skeena Resources are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical and fundamental indicators, Skeena Resources displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 40.6 M |
Skeena |
Skeena Resources Relative Risk vs. Return Landscape
If you would invest 1,313 in Skeena Resources on December 22, 2024 and sell it today you would earn a total of 203.00 from holding Skeena Resources or generate 15.46% return on investment over 90 days. Skeena Resources is generating 0.2843% of daily returns assuming 3.2836% volatility of returns over the 90 days investment horizon. Simply put, 29% of all stocks have less volatile historical return distribution than Skeena Resources, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Skeena Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skeena Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Skeena Resources, and traders can use it to determine the average amount a Skeena Resources' 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 = 0.0866
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Estimated Market Risk
| 3.28 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Skeena Resources is performing at about 6% 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 Skeena Resources by adding it to a well-diversified portfolio.
Skeena Resources Fundamentals Growth
Skeena Stock prices reflect investors' perceptions of the future prospects and financial health of Skeena Resources, and Skeena Resources 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 Skeena Stock performance.
| Return On Equity | -1.56 | ||||
| Return On Asset | -0.47 | ||||
| Current Valuation | 1.74 B | ||||
| Shares Outstanding | 114.33 M | ||||
| Price To Book | 20.06 X | ||||
| EBITDA | (113.3 M) | ||||
| Cash And Equivalents | 40.6 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 32.38 M | ||||
| Debt To Equity | 0.01 % | ||||
| Book Value Per Share | 0.84 X | ||||
| Cash Flow From Operations | (90.6 M) | ||||
| Earnings Per Share | (1.90) X | ||||
| Total Asset | 194.99 M | ||||
| Retained Earnings | (476.91 M) | ||||
About Skeena Resources Performance
By examining Skeena Resources' fundamental ratios, stakeholders can obtain critical insights into Skeena Resources' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Skeena Resources is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Skeena Resources Limited explores and develops mineral properties in Canada. Skeena Resources Limited was incorporated in 1979 and is headquartered in Vancouver, Canada. SKEENA RESOURCES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange.Things to note about Skeena Resources performance evaluation
Checking the ongoing alerts about Skeena Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Skeena Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Skeena Resources had very high historical volatility over the last 90 days | |
| Net Loss for the year was (108.98 M) with loss before overhead, payroll, taxes, and interest of (27.68 K). | |
| Skeena Resources has accumulated about 40.6 M in cash with (90.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53. | |
| Over 77.0% of the company shares are owned by institutional investors |
- Analyzing Skeena Resources' 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 Skeena Resources' stock is overvalued or undervalued compared to its peers.
- Examining Skeena Resources' 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 Skeena Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Skeena Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Skeena Resources' stock. These opinions can provide insight into Skeena Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skeena Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..