Skylight Health Group Price on October 2, 2023

If you're considering investing in Skylight Pink Sheet, it is important to understand the factors that can impact its price. Skylight Health Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.41, which indicates the firm had a -0.41% return per unit of risk over the last 3 months. Skylight Health Group exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Skylight Health's Semi Deviation of 28.94, risk adjusted performance of 0.1154, and Coefficient Of Variation of 693.43 to confirm the risk estimate we provide.
  
Skylight Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.4082

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Estimated Market Risk

 40.82
  actual daily
96
96% of assets are less volatile

Expected Return

 -16.67
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.41
  actual daily
0
Most of other assets perform better
Based on monthly moving average Skylight Health is not performing at its full potential. However, 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 Skylight Health by adding Skylight Health to a well-diversified portfolio.

Skylight Health Valuation on October 2, 2023

It is possible to determine the worth of Skylight Health on a given historical date. On October 2, 2023 Skylight was worth 0.0011 at the beginning of the trading date compared to the closed value of 0.0011. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skylight Health pink sheet. Still, in general, we apply an absolute valuation method to find Skylight Health'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 Skylight Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skylight Health's related companies.
 Open High Low Close Volume
10/02/2023
  0    0    0    0    400.00  
  0    0    0    0    105.00  
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Open Value
0.0011
0.0011
Closing Value
122.48
Upside

Skylight Health Trading Date Momentum on October 2, 2023

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Skylight Health Group Fundamentals Correlations and Trends

By evaluating Skylight Health'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 Skylight Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skylight financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Skylight Health Pink Sheet history

Skylight Health 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 Skylight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skylight Health Group 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 Skylight Health stock prices may prove useful in developing a viable investing in Skylight Health
Skylight Health Group Inc. operates as a healthcare services and technology company in the United States, Canada, the United Kingdom, and Colombia. Skylight Health Group Inc. was founded in 2014 and is headquartered in Mississauga, Canada. Skylight Health operates under Medical Care Facilities classification in the United States and is traded on OTC Exchange. It employs 259 people.

Skylight Health Pink Sheet Technical Analysis

Skylight Health technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Skylight Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Skylight Health trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Skylight Health Period Price Range

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December 11, 2024
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Skylight Health Group cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. 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.

Skylight Health December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Skylight Health pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skylight Health shares will generate the highest return on investment. By undertsting and applying Skylight Health pink sheet market strength indicators, traders can identify Skylight Health Group entry and exit signals to maximize returns

Skylight Health Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Skylight Health's price direction in advance. Along with the technical and fundamental analysis of Skylight Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skylight 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.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Other Consideration for investing in Skylight Pink Sheet

If you are still planning to invest in Skylight Health Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Skylight Health's history and understand the potential risks before investing.
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