Sky Gold (India) Buy Hold or Sell Recommendation
| SKYGOLD Stock | 365.85 1.40 0.38% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Sky Gold Limited is 'Strong Sell'. Macroaxis provides Sky Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Sky Gold positions.
Check out Sky Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Sky and provide practical buy, sell, or hold advice based on investors' constraints. Sky Gold Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Sky |
Execute Sky Gold Buy or Sell Advice
The Sky recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sky Gold Limited. Macroaxis does not own or have any residual interests in Sky Gold Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sky Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Sky Gold Trading Alerts and Improvement Suggestions
| Sky Gold Limited is way too risky over 90 days horizon | |
| Sky Gold Limited appears to be risky and price may revert if volatility continues | |
| Sky Gold Limited is unlikely to experience financial distress in the next 2 years | |
| Sky Gold generates negative cash flow from operations | |
| About 72.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Sky Gold share price sparkles 5 percent on partnership with Aditya Birla Jewellery - Business Standard |
Sky Gold Returns Distribution Density
The distribution of Sky Gold's historical returns is an attempt to chart the uncertainty of Sky Gold's future price movements. The chart of the probability distribution of Sky Gold daily returns describes the distribution of returns around its average expected value. We use Sky Gold Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sky Gold returns is essential to provide solid investment advice for Sky Gold.
| Mean Return | 12.47 | Value At Risk | -5 | Potential Upside | 5.00 | Standard Deviation | 36,585 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sky Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Sky Gold Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (343.9M) | (60.6M) | (108.5M) | (1.8B) | (1.6B) | (1.5B) | |
| Change In Cash | 227.9K | 12.5M | 170.0M | (50.2M) | (57.8M) | (54.9M) | |
| Free Cash Flow | (68.8M) | (82.4M) | (180.2M) | (1.6B) | (1.4B) | (1.4B) | |
| Change In Working Capital | (133.7M) | (235.4M) | (353.0M) | (2.0B) | (1.8B) | (1.7B) | |
| Begin Period Cash Flow | 1.1M | 1.3M | 13.8M | 183.8M | 211.4M | 222.0M | |
| Other Cashflows From Financing Activities | 7.8M | 9.6M | (103.5M) | (206.1M) | (185.5M) | (176.2M) | |
| Depreciation | 4.4M | 7.6M | 14.2M | 63.6M | 73.2M | 76.9M | |
| Other Non Cash Items | 18.9M | (64.9M) | 367.3M | 166.0M | 190.9M | 200.4M | |
| Capital Expenditures | 19.0M | 6.4M | 23.2M | 227.2M | 261.3M | 274.4M | |
| Total Cash From Operating Activities | (49.8M) | (76M) | (157.1M) | (1.4B) | (1.2B) | (1.2B) | |
| Change To Account Receivables | 231.6M | (203.3M) | (235.3M) | (351.4M) | (316.3M) | (300.4M) | |
| Net Income | 60.6M | 216.7M | 186.1M | 404.8M | 465.5M | 488.8M | |
| Total Cash From Financing Activities | 85.3M | 108.7M | 530.9M | 2.4B | 2.8B | 2.9B | |
| End Period Cash Flow | 1.3M | 13.8M | 183.8M | 133.6M | 153.6M | 161.3M | |
| Other Cashflows From Investing Activities | 849.8K | 2.8M | (174.4M) | 42.7M | 38.5M | 40.4M |
Sky Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sky Gold or Textiles, Apparel & Luxury Goods sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sky Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sky stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 12.51 | |
β | Beta against Dow Jones | -2.39 | |
σ | Overall volatility | 116.03 | |
Ir | Information ratio | 0.11 |
Sky Gold Volatility Alert
Sky Gold Limited is showing large volatility of returns over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sky Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sky Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Sky Gold Fundamentals Vs Peers
Comparing Sky Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sky Gold's direct or indirect competition across all of the common fundamentals between Sky Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sky Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sky Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sky Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sky Gold to competition |
| Fundamentals | Sky Gold | Peer Average |
| Return On Equity | 0.3 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 57.24 B | 16.62 B |
| Shares Outstanding | 146.54 M | 571.82 M |
| Shares Owned By Insiders | 71.66 % | 10.09 % |
| Shares Owned By Institutions | 5.55 % | 39.21 % |
| Price To Book | 15.43 X | 9.51 X |
| Price To Sales | 2.48 X | 11.42 X |
| Revenue | 17.45 B | 9.43 B |
| Gross Profit | 1.26 B | 27.38 B |
| EBITDA | 798.99 M | 3.9 B |
| Net Income | 404.81 M | 570.98 M |
| Total Debt | 3.3 B | 5.32 B |
| Book Value Per Share | 184.42 X | 1.93 K |
| Cash Flow From Operations | (1.38 B) | 971.22 M |
| Earnings Per Share | 7.39 X | 3.12 X |
| Number Of Employees | 542 | 18.84 K |
| Beta | -0.23 | -0.15 |
| Market Capitalization | 51.92 B | 19.03 B |
| Total Asset | 5.86 B | 29.47 B |
| Retained Earnings | 943.82 M | 9.33 B |
| Net Asset | 5.86 B |
Sky Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sky . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 7444.72 | |||
| Daily Balance Of Power | (0.07) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 361.5 | |||
| Day Typical Price | 362.95 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | 3.65 | |||
| Period Momentum Indicator | (1.40) |
About Sky Gold Buy or Sell Advice
When is the right time to buy or sell Sky Gold Limited? Buying financial instruments such as Sky Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Sky Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Sky Stock
Sky Gold 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 Gold security.