Skeena Competitors
| SKE Stock | USD 32.89 4.28 14.96% |
Skeena Resources vs Americas Silver Correlation
Almost no diversification
The correlation between Skeena Resources and USAS is 0.94 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Skeena Resources and USAS in the same portfolio, assuming nothing else is changed.
Moving together with Skeena Stock
Moving against Skeena Stock
| 0.85 | GEO | Empire Metals Limited | PairCorr |
| 0.63 | ADC | Acdc Metals | PairCorr |
| 0.6 | IMI | Infinity Mining | PairCorr |
| 0.31 | CVW | CVW CleanTech | PairCorr |
Skeena Resources Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Skeena Resources and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Skeena and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Skeena Resources does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Skeena Stock performing well and Skeena Resources Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Skeena Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| USAR | 5.74 | 0.21 | 0.04 | 0.10 | 6.54 | 12.13 | 37.41 | |||
| AAUC | 2.43 | 0.92 | 0.22 | 17.26 | 3.06 | 6.21 | 17.83 | |||
| CC | 2.44 | 0.12 | 0.05 | 0.12 | 2.77 | 5.97 | 16.17 | |||
| NGVT | 1.90 | 0.23 | 0.06 | 0.39 | 3.08 | 3.83 | 18.74 | |||
| IPX | 3.30 | 0.11 | 0.03 | 0.09 | 4.46 | 7.31 | 16.07 | |||
| LAC | 3.79 | (0.25) | 0.00 | (0.39) | 0.00 | 7.25 | 16.39 | |||
| FMC | 2.74 | (0.79) | 0.00 | (0.41) | 0.00 | 4.71 | 46.52 | |||
| TMC | 5.46 | 0.11 | 0.02 | 0.08 | 6.50 | 13.46 | 37.07 | |||
| ELVR | 4.54 | 1.03 | 0.19 | 2.16 | 4.74 | 9.90 | 31.67 | |||
| USAS | 4.26 | 1.03 | 0.20 | 0.48 | 4.60 | 9.55 | 25.22 |
Cross Equities Net Income Analysis
Compare Skeena Resources and related stocks such as USA Rare Earth, Allied Gold, and Chemours Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USAR | (23.8 M) | (23.8 M) | (23.8 M) | (23.8 M) | (23.8 M) | (23.8 M) | (23.8 M) | (23.8 M) | (23.8 M) | (23.8 M) | (23.8 M) | (23.8 M) | (23.8 M) | 6.7 M | 8.8 M | 10.1 M | 10.6 M |
| AAUC | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (208.5 M) | (115.6 M) | (104.1 M) | (109.3 M) |
| CC | 1.4 B | 1.4 B | 1.1 B | 423 M | 400 M | (90 M) | 7 M | 746 M | 995 M | (52 M) | 219 M | 608 M | 578 M | (238 M) | 86 M | 77.4 M | 73.5 M |
| NGVT | 119 M | 119 M | 119 M | 119 M | 129 M | 80 M | 35.2 M | 126.3 M | 169.1 M | 183.7 M | 181.4 M | 118.1 M | 211.6 M | (5.4 M) | (430.3 M) | (387.3 M) | (367.9 M) |
| IPX | (73.6 K) | (73.6 K) | (73.6 K) | (73.6 K) | (73.6 K) | (73.6 K) | (73.6 K) | (964.1 K) | (508.1 K) | (355.2 K) | (13.2 M) | (21.5 M) | (25.9 M) | (22.2 M) | (35.3 M) | (31.8 M) | (30.2 M) |
| LAC | (22.1 M) | (5.4 M) | (8.1 M) | 466 K | (1.3 M) | (7.6 M) | (22.1 M) | (33.2 M) | (28.3 M) | 51.7 M | (26.5 M) | (47 M) | (67.8 M) | (5.1 M) | (40.5 M) | (36.4 M) | (34.6 M) |
| FMC | 152.5 M | 365.9 M | 416.2 M | 293.9 M | 307.5 M | 489 M | 209.1 M | 535.8 M | 502.1 M | 477.4 M | 552.4 M | 739.6 M | 736.5 M | 1.3 B | 341.1 M | 392.3 M | 293.3 M |
| TMC | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (43.1 M) | (56.6 M) | (141.3 M) | (171 M) | (73.8 M) | (81.9 M) | (73.7 M) | (77.4 M) |
| ELVR | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | (13.6 M) | (101.4 M) | (294.3 M) | (264.9 M) | (251.6 M) |
| USAS | (283.4 K) | 12.3 M | 7.1 M | (8.9 M) | (78.7 M) | (19.4 M) | (5.2 M) | (3.5 M) | (10.7 M) | (32.7 M) | (25.2 M) | (157.7 M) | (43.1 M) | (35 M) | (44.9 M) | (40.5 M) | (38.4 M) |
Skeena Resources and related stocks such as USA Rare Earth, Allied Gold, and Chemours Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Skeena Resources financial statement analysis. It represents the amount of money remaining after all of Skeena Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Skeena Resources Competitive Analysis
The better you understand Skeena Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Skeena Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Skeena Resources' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Skeena Resources Competition Performance Charts
Five steps to successful analysis of Skeena Resources Competition
Skeena Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Skeena Resources in relation to its competition. Skeena Resources' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Skeena Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Skeena Resources' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Skeena Resources, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Skeena Resources Correlation with its peers. For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Will Diversified Metals & Mining sector continue expanding? Could Skeena diversify its offerings? Factors like these will boost the valuation of Skeena Resources. If investors know Skeena will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Skeena Resources data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate Skeena Resources using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Skeena Resources' intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Skeena Resources' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Skeena Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skeena Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Skeena Resources' market price signifies the transaction level at which participants voluntarily complete trades.
