Sky Solar Holdings Performance
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Sky Solar are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Sky Solar Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Sky Solar is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Fifty Two Week Low | 1.01 | |
Fifty Two Week High | 12.49 |
Sky |
Sky Solar Relative Risk vs. Return Landscape
If you would invest (100.00) in Sky Solar Holdings on January 18, 2024 and sell it today you would earn a total of 100.00 from holding Sky Solar Holdings or generate -100.0% return on investment over 90 days. Sky Solar Holdings is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Sky, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Sky Solar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sky Solar's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sky Solar Holdings, and traders can use it to determine the average amount a Sky Solar'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 Sky Solar 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 Sky Solar by adding Sky Solar to a well-diversified portfolio.
Sky Solar Fundamentals Growth
Sky Stock prices reflect investors' perceptions of the future prospects and financial health of Sky Solar, and Sky Solar 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 | -72.89 | |||
Return On Asset | 0.27 | |||
Profit Margin | (85.93) % | |||
Operating Margin | 4.43 % | |||
Current Valuation | 391.29 M | |||
Shares Outstanding | 20.98 M | |||
Price To Earning | 4.54 X | |||
Price To Book | 4.06 X | |||
Price To Sales | 3.07 X | |||
Revenue | 48.95 M | |||
EBITDA | 14.06 M | |||
Cash And Equivalents | 12.06 M | |||
Cash Per Share | 0.57 X | |||
Total Debt | 252.88 M | |||
Debt To Equity | 6.82 % | |||
Book Value Per Share | 1.76 X | |||
Cash Flow From Operations | 24.39 M | |||
Earnings Per Share | (2.01) X | |||
Total Asset | 361.08 M | |||
Current Asset | 80.97 M | |||
Current Liabilities | 74.21 M |
Things to note about Sky Solar Holdings performance evaluation
Checking the ongoing alerts about Sky Solar for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sky Solar Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Sky Solar Holdings is not yet fully synchronised with the market data | |
Sky Solar Holdings has some characteristics of a very speculative penny stock | |
Sky Solar Holdings has a very high chance of going through financial distress in the upcoming years | |
The company currently holds 252.88 M in liabilities with Debt to Equity (D/E) ratio of 6.82, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sky Solar Holdings has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Sky Solar until it has trouble settling it off, either with new capital or with free cash flow. So, Sky Solar's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sky Solar Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sky to invest in growth at high rates of return. When we think about Sky Solar's use of debt, we should always consider it together with cash and equity. | |
The entity reported the previous year's revenue of 48.95 M. Net Loss for the year was (42.06 M) with profit before overhead, payroll, taxes, and interest of 27.06 M. | |
About 26.0% of Sky Solar outstanding shares are owned by corporate insiders |
- Analyzing Sky Solar'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 Solar's stock is overvalued or undervalued compared to its peers.
- Examining Sky Solar'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 Solar's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sky Solar's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sky Solar's stock. These opinions can provide insight into Sky Solar'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 tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Other Consideration for investing in Sky Stock
If you are still planning to invest in Sky Solar Holdings 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 Sky Solar's history and understand the potential risks before investing.
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