Sky Gold (India) Price on October 15, 2024
| SKYGOLD Stock | 389.65 18.50 4.98% |
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 389.65, as last reported on the 8th of January, with the highest price reaching 389.70 and the lowest price hitting 360.15 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 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 13.45% are justified by taking the suggested risk. Use Sky Gold Limited Semi Deviation of 11.46, coefficient of variation of 855.47, and Risk Adjusted Performance of 0.104 to evaluate company specific risk that cannot be diversified away.
Sky Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sky |
Sharpe Ratio = 0.1169
| Best Portfolio | Best Equity | SKYGOLD | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 115.05 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
| 0.12 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.
Sky Gold Valuation on October 15, 2024
It is possible to determine the worth of Sky Gold on a given historical date. On October 15, 2024 Sky was worth 307.82 at the beginning of the trading date compared to the closed value of 316.02. 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 | |
| 303.68 | 310.01 | 300.10 | 301.78 | 21,593 | |
10/15/2024 | 307.82 | 316.87 | 290.10 | 316.02 | 47,051 |
| 315.50 | 327.30 | 308.00 | 318.94 | 22,409 |
| Backtest Sky Gold | | | Sky Gold History | | | Sky Gold Valuation | Previous | Next |
Sky Gold Trading Date Momentum on October 15, 2024
| On October 16 2024 Sky Gold Limited was traded for 318.94 at the closing time. The highest price during the trading period was 327.30 and the lowest recorded bid was listed for 308.00 . The volume for the day was 22.4 K. This history from October 16, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.92% . The trading price change to the current price is 15.50% . |
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
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 8, 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 8, 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 | 0.104 | |||
| Jensen Alpha | 13.44 | |||
| Total Risk Alpha | 13.52 | |||
| Sortino Ratio | 0.7519 | |||
| Treynor Ratio | (1.94) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| 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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