Sky Gold (India) Performance
| SKYGOLD Stock | 390.30 0.05 0.01% |
Sky Gold holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of 3.85, 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, Sky Gold will likely underperform. Use Sky Gold Limited expected short fall, as well as the relationship between the rate of daily change and period momentum indicator , to analyze future returns on Sky Gold Limited.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Sky Gold Limited are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, Sky Gold exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 0.0243 | Last Split Factor 10:1 | Ex Dividend Date 2023-09-20 | Last Split Date 2024-12-16 |
1 | Sky Golds Stock Hits 52-Week High, Outperforms Sector and Sensex - MarketsMojo | 12/11/2024 |
| Begin Period Cash Flow | 183.8 M |
Sky |
Sky Gold Relative Risk vs. Return Landscape
If you would invest 28,634 in Sky Gold Limited on October 8, 2024 and sell it today you would earn a total of 10,396 from holding Sky Gold Limited or generate 36.31% return on investment over 90 days. Sky Gold Limited is generating 13.547% of daily returns and assumes 115.0409% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Sky on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sky Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sky Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sky Gold Limited, and traders can use it to determine the average amount a Sky Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1178
| Best Portfolio | Best Equity | SKYGOLD | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 115.04 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Sky Gold 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 Sky Gold by adding it to a well-diversified portfolio.
Sky Gold Fundamentals Growth
Sky Stock prices reflect investors' perceptions of the future prospects and financial health of Sky Gold, and Sky Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sky Stock performance.
| Return On Equity | 0.3 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 60.76 B | |||
| Shares Outstanding | 146.54 M | |||
| Price To Book | 16.46 X | |||
| Price To Sales | 2.73 X | |||
| Revenue | 17.45 B | |||
| Gross Profit | 495.56 M | |||
| EBITDA | 798.99 M | |||
| Net Income | 404.81 M | |||
| Total Debt | 3.3 B | |||
| Book Value Per Share | 184.42 X | |||
| Cash Flow From Operations | (1.38 B) | |||
| Earnings Per Share | 7.42 X | |||
| Total Asset | 5.86 B | |||
| Retained Earnings | 943.82 M | |||
About Sky Gold Performance
By analyzing Sky Gold's fundamental ratios, stakeholders can gain valuable insights into Sky Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sky Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Sky Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Sky Gold is entity of India. It is traded as Stock on NSE exchange.Things to note about Sky Gold Limited performance evaluation
Checking the ongoing alerts about Sky Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sky Gold Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sky Gold Limited is way too risky over 90 days horizon | |
| Sky Gold Limited appears to be risky and price may revert if volatility continues | |
| Sky Gold Limited is unlikely to experience financial distress in the next 2 years | |
| Sky Gold generates negative cash flow from operations | |
| About 72.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Sky Golds Stock Hits 52-Week High, Outperforms Sector and Sensex - MarketsMojo |
- Analyzing Sky Gold'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 Sky Gold's stock is overvalued or undervalued compared to its peers.
- Examining Sky Gold'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 Sky Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sky Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sky Gold's stock. These opinions can provide insight into Sky Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Sky Stock analysis
When running Sky Gold's price analysis, check to measure Sky Gold'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 Sky Gold is operating at the current time. Most of Sky Gold's value examination focuses on studying past and present price action to predict the probability of Sky Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sky Gold's price. Additionally, you may evaluate how the addition of Sky Gold to your portfolios can decrease your overall portfolio volatility.
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