Skeena Resources Stock Forecast - Accumulation Distribution
| SKE Stock | USD 9.34 0.34 3.78% |
Skeena Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Skeena Resources stock prices and determine the direction of Skeena Resources's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Skeena Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
Skeena |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 7850.45 | 21979.21 |
| Check Skeena Resources Volatility | Backtest Skeena Resources | Information Ratio |
Skeena Resources Trading Date Momentum
| On November 22 2024 Skeena Resources was traded for 9.34 at the closing time. Highest Skeena Resources's price during the trading hours was 9.39 and the lowest price during the day was 8.88 . The net volume was 404.7 K. The overall trading history on the 22nd of November did not result in any price rise and fall. The trading price change to current price is 3.64% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Skeena Resources to competition |
Other Forecasting Options for Skeena Resources
For every potential investor in Skeena, whether a beginner or expert, Skeena Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Skeena Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Skeena. Basic forecasting techniques help filter out the noise by identifying Skeena Resources' price trends.View Skeena Resources Related Equities
| Risk & Return | Correlation |
Skeena Resources Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Skeena Resources' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Skeena Resources' current price.| Cycle Indicators | ||
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| Volume Indicators |
Skeena Resources Market Strength Events
Market strength 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 undertsting and applying Skeena Resources stock market strength indicators, traders can identify Skeena Resources entry and exit signals to maximize returns.
| Accumulation Distribution | 21979.21 | |||
| Daily Balance Of Power | 0.6667 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 9.14 | |||
| Day Typical Price | 9.2 | |||
| Price Action Indicator | 0.37 | |||
| Period Momentum Indicator | 0.34 |
Skeena Resources Risk Indicators
The analysis of Skeena Resources' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Skeena Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skeena stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.25 | |||
| Semi Deviation | 2.55 | |||
| Standard Deviation | 3.13 | |||
| Variance | 9.77 | |||
| Downside Variance | 7.55 | |||
| Semi Variance | 6.49 | |||
| Expected Short fall | (2.80) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Skeena Resources is a strong investment it is important to analyze Skeena Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Skeena Resources' future performance. For an informed investment choice regarding Skeena Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Skeena Resources to cross-verify your projections. For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skeena Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.36) | Return On Assets (0.38) | Return On Equity (0.78) |
The market value of Skeena Resources is measured differently than its book value, which is the value of Skeena that is recorded on the company's balance sheet. Investors also form their own opinion of Skeena Resources' value that differs from its market value or its book value, called intrinsic value, which is Skeena Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skeena Resources' market value can be influenced by many factors that don't directly affect Skeena Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely 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. However, Skeena Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.