Skeena Resources Stock Alpha and Beta Analysis
| SKE Stock | CAD 13.21 0.15 1.15% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Skeena Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in Skeena Resources over a specified time horizon. Remember, high Skeena Resources' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Skeena Resources' market risk premium analysis include:
Beta 0.51 | Alpha 0.33 | Risk 3.15 | Sharpe Ratio 0.15 | Expected Return 0.48 |
Skeena Resources Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Skeena |
Skeena Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Skeena Resources market risk premium is the additional return an investor will receive from holding Skeena Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Skeena Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Skeena Resources' performance over market.| α | 0.33 | β | 0.51 |
Skeena Resources expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Skeena Resources' Buy-and-hold return. Our buy-and-hold chart shows how Skeena Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Skeena Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how Skeena Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skeena Resources shares will generate the highest return on investment. By understating and applying Skeena Resources stock market price indicators, traders can identify Skeena Resources position entry and exit signals to maximize returns.
Skeena Resources Return and Market Media
The median price of Skeena Resources for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 12.04 with a coefficient of variation of 9.71. The daily time series for the period is distributed with a sample standard deviation of 1.17, arithmetic mean of 12.09, and mean deviation of 0.98. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | On The My Stocks Page - Stock Traders Daily | 09/24/2024 |
2 | With 49 percent ownership, Skeena Resources Limited has piqued the interest of institutional investors - Yahoo Finance | 10/07/2024 |
3 | Connor Clark Lunn Investment Management Ltd. Boosts Stock Holdings in Skeena Resources Limited - MarketBeat | 11/22/2024 |
About Skeena Resources Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Skeena or other stocks. Alpha measures the amount that position in Skeena Resources has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | PB Ratio | 6.38 | 3.7 | 4.37 | 4.59 | Capex To Depreciation | 5.67 | 9.85 | 0.009626 | 0.009145 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Skeena Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Skeena Resources' short interest history, or implied volatility extrapolated from Skeena Resources options trading.
Build Portfolio with Skeena Resources
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Skeena Resources Backtesting, Skeena Resources Valuation, Skeena Resources Correlation, Skeena Resources Hype Analysis, Skeena Resources Volatility, Skeena Resources History and analyze Skeena Resources Performance. To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Skeena Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.