Skillful Craftsman Education Stock Alpha and Beta Analysis
| EDTK Stock | USD 1.01 0.03 2.88% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Skillful Craftsman Education. It also helps investors analyze the systematic and unsystematic risks associated with investing in Skillful Craftsman over a specified time horizon. Remember, high Skillful Craftsman's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Skillful Craftsman's market risk premium analysis include:
Beta (0.43) | Alpha (0.06) | Risk 3.66 | Sharpe Ratio (0.05) | Expected Return (0.17) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Skillful |
Skillful Craftsman Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Skillful Craftsman market risk premium is the additional return an investor will receive from holding Skillful Craftsman long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Skillful Craftsman. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Skillful Craftsman's performance over market.| α | -0.06 | β | -0.43 |
Skillful Craftsman expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Skillful Craftsman's Buy-and-hold return. Our buy-and-hold chart shows how Skillful Craftsman performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Skillful Craftsman Market Price Analysis
Market price analysis indicators help investors to evaluate how Skillful Craftsman stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skillful Craftsman shares will generate the highest return on investment. By understating and applying Skillful Craftsman stock market price indicators, traders can identify Skillful Craftsman position entry and exit signals to maximize returns.
Skillful Craftsman Return and Market Media
The median price of Skillful Craftsman for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 1.04 with a coefficient of variation of 6.03. The daily time series for the period is distributed with a sample standard deviation of 0.06, arithmetic mean of 1.05, and mean deviation of 0.05. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Skillful Craftsman Welcomes New Board Member - TipRanks | 09/23/2024 |
2 | EDTK Stock Surges Amidst Volatile Trading in Education Sector | 10/28/2024 |
3 | Skillful Craftsman Education Technology Stock Price Down 2.7 percent Whats Next | 11/08/2024 |
About Skillful Craftsman Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Skillful or other stocks. Alpha measures the amount that position in Skillful Craftsman has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 4.52 | 15.89 | 7.5 | 12.84 | PTB Ratio | 0.34 | 1.03 | 0.71 | 0.68 |
Skillful Craftsman Upcoming Company Events
As portrayed in its financial statements, the presentation of Skillful Craftsman's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Skillful Craftsman's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Skillful Craftsman's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Skillful Craftsman. Please utilize our Beneish M Score to check the likelihood of Skillful Craftsman's management manipulating its earnings.
| 21st of November 2023 Upcoming Quarterly Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View |
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Check out Skillful Craftsman Backtesting, Skillful Craftsman Valuation, Skillful Craftsman Correlation, Skillful Craftsman Hype Analysis, Skillful Craftsman Volatility, Skillful Craftsman History and analyze Skillful Craftsman Performance. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Skillful Craftsman technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.