Sky ICT (Thailand) Performance
| SKY Stock | THB 22.40 0.20 0.90% |
The entity has a beta of -0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sky ICT are expected to decrease at a much lower rate. During the bear market, Sky ICT is likely to outperform the market. At this point, Sky ICT Public has a negative expected return of -0.0726%. Please make sure to validate Sky ICT's jensen alpha, skewness, and the relationship between the variance and treynor ratio , to decide if Sky ICT Public performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Sky ICT Public has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Sky ICT is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 149.4 M | |
| Total Cashflows From Investing Activities | -540.1 M |
Sky |
Sky ICT Relative Risk vs. Return Landscape
If you would invest 2,360 in Sky ICT Public on October 25, 2024 and sell it today you would lose (140.00) from holding Sky ICT Public or give up 5.93% of portfolio value over 90 days. Sky ICT Public is producing return of less than zero assuming 2.433% volatility of returns over the 90 days investment horizon. Simply put, 21% of all stocks have less volatile historical return distribution than Sky ICT, and 99% 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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Sky ICT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sky ICT's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sky ICT Public, and traders can use it to determine the average amount a Sky ICT's 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 = -0.0298
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| Negative Returns | SKY |
Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sky ICT is not performing at its full potential. However, 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 ICT by adding Sky ICT to a well-diversified portfolio.
Sky ICT Fundamentals Growth
Sky Stock prices reflect investors' perceptions of the future prospects and financial health of Sky ICT, and Sky ICT 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 | 0.0491 | |||
| Return On Asset | -0.0012 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 11.96 B | |||
| Shares Outstanding | 624.27 M | |||
| Price To Earning | 59.81 X | |||
| Price To Book | 2.20 X | |||
| Price To Sales | 2.54 X | |||
| Revenue | 3 B | |||
| EBITDA | 657.71 M | |||
| Cash And Equivalents | 247.85 M | |||
| Cash Per Share | 0.51 X | |||
| Total Debt | 2.57 B | |||
| Debt To Equity | 29.70 % | |||
| Book Value Per Share | 4.50 X | |||
| Cash Flow From Operations | (460.21 M) | |||
| Earnings Per Share | 0.23 X | |||
| Total Asset | 7.64 B | |||
About Sky ICT Performance
By examining Sky ICT's fundamental ratios, stakeholders can obtain critical insights into Sky ICT's 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 Sky ICT 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.
Sky ICT Public Company Limited, together with its subsidiary, engages in information and communication technology, and system integration businesses in Thailand. Sky ICT Public Company Limited was incorporated in 1997 and is headquartered in Bangkok, Thailand. SKY ICT operates under Information Technology Services classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Sky ICT Public performance evaluation
Checking the ongoing alerts about Sky ICT for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sky ICT Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sky ICT Public generated a negative expected return over the last 90 days | |
| Sky ICT Public has accumulated about 247.85 M in cash with (460.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51. | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Sky ICT's 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 ICT's stock is overvalued or undervalued compared to its peers.
- Examining Sky ICT's 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 ICT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sky ICT's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sky ICT's stock. These opinions can provide insight into Sky ICT's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Sky Stock
Sky ICT financial ratios help investors to determine whether Sky Stock 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 ICT security.