Skyworth Group Limited Stock Price on September 26, 2023
SWDHF Stock | USD 0.40 0.00 0.00% |
If you're considering investing in Skyworth Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Skyworth Group stands at 0.40, as last reported on the 1st of December, with the highest price reaching 0.40 and the lowest price hitting 0.40 during the day. Skyworth Group appears to be out of control, given 3 months investment horizon. Skyworth Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Skyworth Group Limited, which you can use to evaluate the volatility of the company. Please review Skyworth Group's Coefficient Of Variation of 812.4, risk adjusted performance of 0.1016, and Variance of 9.47 to confirm if our risk estimates are consistent with your expectations.
Skyworth Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Skyworth |
Sharpe Ratio = 0.125
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Estimated Market Risk
3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Skyworth Group 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 Skyworth Group by adding it to a well-diversified portfolio.
Skyworth Group Valuation on September 26, 2023
It is possible to determine the worth of Skyworth Group on a given historical date. On September 26, 2023 Skyworth was worth 0.44 at the beginning of the trading date compared to the closed value of 0.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skyworth Group pink sheet. Still, in general, we apply an absolute valuation method to find Skyworth Group'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 Skyworth Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skyworth Group's related companies.
Open | High | Low | Close | Volume | |
0.44 | 0.44 | 0.44 | 0.44 | 1.00 | |
07/24/2023 | 0.44 | 0.44 | 0.44 | 0.44 | 1.00 |
0.37 | 0.37 | 0.37 | 0.37 | 100.00 |
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Skyworth Group Trading Date Momentum on September 26, 2023
On November 17 2023 Skyworth Group Limited was traded for 0.37 at the closing time. The highest daily price throughout the period was 0.37 and the lowest price was 0.37 . The daily volume was 100.0. The net trading volume on 11/17/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 15.91% . The trading price change to current closing price is 15.91% . |
Skyworth Group Fundamentals Correlations and Trends
By evaluating Skyworth Group'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 Skyworth Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skyworth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Skyworth Group Pink Sheet history
Skyworth Group 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 Skyworth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skyworth 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 Skyworth Group stock prices may prove useful in developing a viable investing in Skyworth Group
Skyworth Group Limited, an investment holding company, researches and develops, manufactures, sells, and exports consumer electronic products. Skyworth Group Limited was founded in 1988 and is headquartered in Quarry Bay, Hong Kong. Skyworth Group operates under Consumer Electronics classification in the United States and is traded on OTC Exchange. It employs 34000 people.
Skyworth Group Pink Sheet Technical Analysis
Skyworth Group 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
Skyworth Group Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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Skyworth Group December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Skyworth Group 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 Skyworth Group shares will generate the highest return on investment. By undertsting and applying Skyworth Group pink sheet market strength indicators, traders can identify Skyworth Group Limited entry and exit signals to maximize returns
Skyworth Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Skyworth Group's price direction in advance. Along with the technical and fundamental analysis of Skyworth Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skyworth 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 | 0.1016 | |||
Jensen Alpha | 0.3529 | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | 2.96 |
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Volume Indicators |
Complementary Tools for Skyworth Pink Sheet analysis
When running Skyworth Group's price analysis, check to measure Skyworth Group'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 Skyworth Group is operating at the current time. Most of Skyworth Group's value examination focuses on studying past and present price action to predict the probability of Skyworth Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyworth Group's price. Additionally, you may evaluate how the addition of Skyworth Group to your portfolios can decrease your overall portfolio volatility.
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