Skyharbour Resources Stock Performance
| SYHBF Stock | USD 0.33 0.01 3.13% |
On a scale of 0 to 100, Skyharbour Resources holds a performance score of 6. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Skyharbour Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Skyharbour Resources is expected to be smaller as well. Please check Skyharbour Resources' downside variance, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Skyharbour Resources' existing price patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Skyharbour Resources are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental drivers, Skyharbour Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 3.4 M | |
| Total Cashflows From Investing Activities | -3.6 M |
Skyharbour |
Skyharbour Resources Relative Risk vs. Return Landscape
If you would invest 28.00 in Skyharbour Resources on August 25, 2024 and sell it today you would earn a total of 5.00 from holding Skyharbour Resources or generate 17.86% return on investment over 90 days. Skyharbour Resources is currently producing 0.3429% returns and takes up 4.205% volatility of returns over 90 trading days. Put another way, 37% of traded otc stocks are less volatile than Skyharbour, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Skyharbour Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skyharbour Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Skyharbour Resources, and traders can use it to determine the average amount a Skyharbour Resources' 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 = 0.0815
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Estimated Market Risk
| 4.21 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Skyharbour Resources is performing at about 6% 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 Skyharbour Resources by adding it to a well-diversified portfolio.
Skyharbour Resources Fundamentals Growth
Skyharbour OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Skyharbour Resources, and Skyharbour Resources 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 Skyharbour OTC Stock performance.
| Return On Equity | -0.25 | |||
| Return On Asset | -0.0791 | |||
| Current Valuation | 33.38 M | |||
| Shares Outstanding | 147.84 M | |||
| Price To Earning | 29.11 X | |||
| Price To Book | 2.19 X | |||
| EBITDA | (4.36 M) | |||
| Cash And Equivalents | 4.23 M | |||
| Cash Per Share | 0.03 X | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (3.28 M) | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 23.01 M | |||
About Skyharbour Resources Performance
By analyzing Skyharbour Resources' fundamental ratios, stakeholders can gain valuable insights into Skyharbour Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Skyharbour Resources 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 Skyharbour Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Skyharbour Resources Ltd., a uranium and thorium exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Saskatchewan, Canada. Skyharbour Resources Ltd. was incorporated in 1970 and is headquartered in Vancouver, Canada. Skyharbour Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Skyharbour Resources performance evaluation
Checking the ongoing alerts about Skyharbour Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Skyharbour Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Skyharbour Resources has some characteristics of a very speculative penny stock | |
| Skyharbour Resources had very high historical volatility over the last 90 days | |
| Skyharbour Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.78 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Skyharbour Resources has accumulated about 4.23 M in cash with (3.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
- Analyzing Skyharbour Resources' 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 Skyharbour Resources' stock is overvalued or undervalued compared to its peers.
- Examining Skyharbour Resources' 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 Skyharbour Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Skyharbour Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Skyharbour Resources' otc stock. These opinions can provide insight into Skyharbour Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Skyharbour OTC Stock analysis
When running Skyharbour Resources' price analysis, check to measure Skyharbour Resources' 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 Skyharbour Resources is operating at the current time. Most of Skyharbour Resources' value examination focuses on studying past and present price action to predict the probability of Skyharbour Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyharbour Resources' price. Additionally, you may evaluate how the addition of Skyharbour Resources to your portfolios can decrease your overall portfolio volatility.
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