Skye Petroleum Stock Market Value
| SKPO Stock | USD 0 0.0004 13.79% |
| Symbol | Skye |
Skye Petroleum 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Skye Petroleum's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Skye Petroleum.
| 11/27/2025 |
| 12/27/2025 |
If you would invest 0.00 in Skye Petroleum on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding Skye Petroleum or generate 0.0% return on investment in Skye Petroleum over 30 days. Skye Petroleum, Inc. provides production chemical treatment services to oil companies in the United States More
Skye Petroleum Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Skye Petroleum's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Skye Petroleum upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.29 | |||
| Information Ratio | 0.0489 | |||
| Maximum Drawdown | 129.02 | |||
| Value At Risk | (13.79) | |||
| Potential Upside | 11.11 |
Skye Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skye Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Skye Petroleum's standard deviation. In reality, there are many statistical measures that can use Skye Petroleum historical prices to predict the future Skye Petroleum's volatility.| Risk Adjusted Performance | 0.0474 | |||
| Jensen Alpha | 0.6486 | |||
| Total Risk Alpha | (0.91) | |||
| Sortino Ratio | 0.0449 | |||
| Treynor Ratio | 0.2721 |
Skye Petroleum Backtested Returns
Skye Petroleum appears to be out of control, given 3 months investment horizon. Skye Petroleum owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0514, which indicates the firm had a 0.0514 % return per unit of risk over the last 3 months. By inspecting Skye Petroleum's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please review Skye Petroleum's Risk Adjusted Performance of 0.0474, semi deviation of 8.49, and Coefficient Of Variation of 1853.69 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Skye Petroleum holds a performance score of 4. The entity has a beta of 3.29, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Skye Petroleum will likely underperform. Please check Skye Petroleum's maximum drawdown, expected short fall, as well as the relationship between the Expected Short fall and day median price , to make a quick decision on whether Skye Petroleum's existing price patterns will revert.
Auto-correlation | 0.61 |
Good predictability
Skye Petroleum has good predictability. Overlapping area represents the amount of predictability between Skye Petroleum time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Skye Petroleum price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Skye Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Skye Petroleum lagged returns against current returns
Autocorrelation, which is Skye Petroleum pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Skye Petroleum's pink sheet expected returns. We can calculate the autocorrelation of Skye Petroleum returns to help us make a trade decision. For example, suppose you find that Skye Petroleum has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Skye Petroleum regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Skye Petroleum pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Skye Petroleum pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Skye Petroleum pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Skye Petroleum Lagged Returns
When evaluating Skye Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Skye Petroleum pink sheet have on its future price. Skye Petroleum autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Skye Petroleum autocorrelation shows the relationship between Skye Petroleum pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Skye Petroleum.
Regressed Prices |
| Timeline |
Pair Trading with Skye Petroleum
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Skye Petroleum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Skye Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving against Skye Pink Sheet
The ability to find closely correlated positions to Skye Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skye Petroleum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Skye Petroleum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Skye Petroleum to buy it.
The correlation of Skye Petroleum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Skye Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skye Petroleum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Skye Petroleum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Skye Pink Sheet
Skye Petroleum financial ratios help investors to determine whether Skye Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Skye with respect to the benefits of owning Skye Petroleum security.