Skytech (Taiwan) Performance
| 6937 Stock | 212.00 16.00 7.02% |
The entity has a beta of -0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Skytech are expected to decrease at a much lower rate. During the bear market, Skytech is likely to outperform the market. At this point, Skytech has a negative expected return of -0.093%. Please make sure to validate Skytech's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Skytech performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Skytech has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Skytech is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Skytech |
Skytech Relative Risk vs. Return Landscape
If you would invest 22,950 in Skytech on November 8, 2025 and sell it today you would lose (1,750) from holding Skytech or give up 7.63% of portfolio value over 90 days. Skytech is generating negative expected returns and assumes 2.592% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Skytech, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Skytech Target Price Odds to finish over Current Price
The tendency of Skytech Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 212.00 | 90 days | 212.00 | about 82.66 |
Based on a normal probability distribution, the odds of Skytech to move above the current price in 90 days from now is about 82.66 (This Skytech probability density function shows the probability of Skytech Stock to fall within a particular range of prices over 90 days) .
Skytech Price Density |
| Price |
Predictive Modules for Skytech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Skytech. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Skytech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Skytech is not an exception. The market had few large corrections towards the Skytech's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Skytech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Skytech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 12.35 | |
Ir | Information ratio | -0.06 |
Skytech Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Skytech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Skytech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Skytech generated a negative expected return over the last 90 days |
Things to note about Skytech performance evaluation
Checking the ongoing alerts about Skytech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Skytech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Skytech generated a negative expected return over the last 90 days |
- Analyzing Skytech's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Skytech's stock is overvalued or undervalued compared to its peers.
- Examining Skytech's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Skytech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Skytech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Skytech's stock. These opinions can provide insight into Skytech's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Skytech Stock Analysis
When running Skytech's price analysis, check to measure Skytech'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 Skytech is operating at the current time. Most of Skytech's value examination focuses on studying past and present price action to predict the probability of Skytech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skytech's price. Additionally, you may evaluate how the addition of Skytech to your portfolios can decrease your overall portfolio volatility.