Skylight Health Group Performance
The entity has a beta of 22.94, 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, Skylight Health will likely underperform. Skylight Health Group right now has a risk of 0.0%. Please validate Skylight Health coefficient of variation and the relationship between the jensen alpha and skewness , to decide if Skylight Health will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days Skylight Health Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Skylight Health is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 20.1 M | |
| Total Cashflows From Investing Activities | -15.8 M |
Skylight |
Skylight Health Relative Risk vs. Return Landscape
If you would invest (100.00) in Skylight Health Group on September 4, 2024 and sell it today you would earn a total of 100.00 from holding Skylight Health Group or generate -100.0% return on investment over 90 days. Skylight Health Group is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Skylight, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Skylight Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skylight Health's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Skylight Health Group, and traders can use it to determine the average amount a Skylight Health'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 = 0.0
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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 Fundamentals Growth
Skylight Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Skylight Health, and Skylight Health 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 Skylight Pink Sheet performance.
| Return On Equity | -0.97 | |||
| Return On Asset | -0.24 | |||
| Profit Margin | (0.38) % | |||
| Operating Margin | (0.48) % | |||
| Revenue | 27.16 M | |||
| EBITDA | (16.57 M) | |||
| Cash And Equivalents | 2.25 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 31.74 M | |||
| Debt To Equity | 1.17 % | |||
| Book Value Per Share | 0.31 X | |||
| Cash Flow From Operations | (11.31 M) | |||
| Total Asset | 65.45 M | |||
About Skylight Health Performance
By analyzing Skylight Health's fundamental ratios, stakeholders can gain valuable insights into Skylight Health's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Skylight Health 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 Skylight Health has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Skylight Health Group performance evaluation
Checking the ongoing alerts about Skylight Health for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Skylight Health Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Skylight Health is not yet fully synchronised with the market data | |
| Skylight Health has some characteristics of a very speculative penny stock | |
| Skylight Health has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 27.16 M. Net Loss for the year was (13.75 M) with profit before overhead, payroll, taxes, and interest of 15.09 M. | |
| Skylight Health Group has accumulated about 2.25 M in cash with (11.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. |
- Analyzing Skylight Health'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 Skylight Health's stock is overvalued or undervalued compared to its peers.
- Examining Skylight Health'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 Skylight Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Skylight Health's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Skylight Health's pink sheet. These opinions can provide insight into Skylight Health's potential for growth and whether the stock is currently undervalued or overvalued.
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.
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