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.
Skylight |
Sharpe Ratio = -0.4082
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SLHPF |
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 |
Backtest Skylight Health | | | Skylight Health History | | | Skylight Health Valuation | Next |
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.
Price Boundaries
Skylight Health Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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.
Risk Adjusted Performance | 0.1154 | |||
Jensen Alpha | 18.49 | |||
Total Risk Alpha | 0.2168 | |||
Sortino Ratio | 0.4154 | |||
Treynor Ratio | 0.2992 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |