Sky Gold (India) Price on January 8, 2025
| SKYGOLD Stock | 353.70 2.05 0.58% |
If you're considering investing in Sky Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sky Gold stands at 353.70, as last reported on the 24th of January, with the highest price reaching 368.00 and the lowest price hitting 341.70 during the day. Sky Gold is out of control given 3 months investment horizon. Sky Gold Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11 % return per unit of risk over the last 3 months. We were able to break down and interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 13.29% are justified by taking the suggested risk. Use Sky Gold Limited Coefficient Of Variation of 902.78, risk adjusted performance of 0.1041, and Semi Deviation of 11.14 to evaluate company specific risk that cannot be diversified away.
At present, Sky Gold's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 1.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 12.6 M. . Sky Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sky |
Sharpe Ratio = 0.1145
| Best Portfolio | Best Equity | SKYGOLD | ||
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Estimated Market Risk
| 116.04 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Sky Gold is performing at about 9% of its full potential. 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 Gold by adding it to a well-diversified portfolio.
Price Book 15.0023 | Book Value 184.417 | Enterprise Value 55.9 B | Enterprise Value Ebitda 39.5481 | Price Sales 2.5057 |
Sky Gold Valuation on January 8, 2025
It is possible to determine the worth of Sky Gold on a given historical date. On January 8, 2025 Sky was worth 394.65 at the beginning of the trading date compared to the closed value of 394.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sky Gold stock. Still, in general, we apply an absolute valuation method to find Sky Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sky Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sky Gold's related companies.
| Open | High | Low | Close | Volume | |
| 360.15 | 389.70 | 360.15 | 389.65 | 405,411 | |
01/08/2025 | 394.65 | 397.00 | 370.20 | 394.45 | 491,295 |
| 385.00 | 400.00 | 374.75 | 385.90 | 428,697 |
| Backtest Sky Gold | | | Sky Gold History | | | Sky Gold Valuation | Previous | Next |
Sky Gold Trading Date Momentum on January 8, 2025
| On January 09 2025 Sky Gold Limited was traded for 385.90 at the closing time. The highest price during the trading period was 400.00 and the lowest recorded bid was listed for 374.75 . The volume for the day was 428.7 K. This history from January 9, 2025 contributed to the next trading day price decline. The trading price change to the next closing price was 2.17% . The trading price change to the current price is 6.90% . |
Sky Gold Limited Fundamentals Correlations and Trends
By evaluating Sky Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sky Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sky financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sky Gold Stock history
Sky Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sky is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sky Gold Limited will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sky Gold stock prices may prove useful in developing a viable investing in Sky Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 13.3 M | 12.6 M |
Sky Gold Stock Technical Analysis
Sky Gold 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.
Price Boundaries
Sky Gold Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
Sky Gold Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sky Gold January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Sky Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sky Gold shares will generate the highest return on investment. By undertsting and applying Sky Gold stock market strength indicators, traders can identify Sky Gold Limited entry and exit signals to maximize returns
Sky Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sky Gold's price direction in advance. Along with the technical and fundamental analysis of Sky Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sky to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1041 | |||
| Jensen Alpha | 12.45 | |||
| Total Risk Alpha | 7.36 | |||
| Sortino Ratio | 0.7367 | |||
| Treynor Ratio | (4.54) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sky Stock analysis
When running Sky Gold's price analysis, check to measure Sky Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sky Gold is operating at the current time. Most of Sky Gold's value examination focuses on studying past and present price action to predict the probability of Sky Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sky Gold's price. Additionally, you may evaluate how the addition of Sky Gold to your portfolios can decrease your overall portfolio volatility.
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