Skylight Stock Analysis

SLHG -  USA Stock  

USD 4.71  0.22  4.90%

Our technical analysis module makes it possible for you to check existing technical drivers of Skylight Health Group as well as the relationship between them. The company executives did not add any value to Skylight Health Group investors in May. However, most investors can still diversify their portfolios with Skylight Health to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 5.26. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Skylight Health Group partners.
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The Skylight Health stock analysis report makes it easy to digest most publicly released information about Skylight Health and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Skylight stock analysis module also helps to analyze the Skylight Health price relationship with some important fundamental indicators such as market cap and management efficiency.

Skylight Stock Analysis Notes

The company had not issued any dividends in recent years.

Skylight Health Group Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Skylight Health's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Skylight Health Group or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Skylight Health has very high historical volatility over the last 90 days
Latest headline from Skylight Health Group Inc falls -3.2390 percent for June 10 -

Management Efficiency

Skylight Health management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 17th of June 2021, Skylight Health has the risk adjusted performance of (0.006548), and Coefficient Of Variation of (4,076). Our technical analysis interface makes it possible for you to check existing technical drivers of Skylight Health Group, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Skylight Health Group, which can be compared to its competition. Please validate Skylight Health Group jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Skylight Health is priced more or less accurately, providing market reflects its prevalent price of 4.71 per share. Given that Skylight Health Group has jensen alpha of (0.1), we advise you to double-check Skylight Health Group's current market performance to make sure the company can sustain itself at a future point.

Skylight Health Group Price Movement Analysis

The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Exponential Moving Average is calculated by weighting recent values of Skylight Health Group more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Skylight Health Technical and Predictive Indicators

Skylight Health Forecast Models

Skylight Health time-series forecasting models is one of many Skylight Health's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Skylight Health's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Skylight Health Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Skylight Health stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Skylight shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Skylight Health. By using and applying Skylight Stock analysis, traders can create a robust methodology for identifying Skylight entry and exit points for their positions.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Skylight Health to your portfolios without increasing risk or reducing expected return.

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Additionally, take a look at World Market Map. Note that the Skylight Health Group information on this page should be used as a complementary analysis to other Skylight Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Skylight Health Group stock analysis, check to measure Skylight Health'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 Skylight Health is operating at the current time. Most of Skylight Health's stock examination focuses on studying past and present price action to predict the probability of Skylight Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Skylight Health's price. Additionally, you may evaluate how the addition of Skylight Health to your portfolios can decrease your overall portfolio volatility.
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The market value of Skylight Health Group is measured differently than its book value, which is the value of Skylight that is recorded on the company's balance sheet. Investors also form their own opinion of Skylight Health stock's value that differs from its market value or its book value, called intrinsic value, which is Skylight Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skylight Health's market value can be influenced by many factors that don't directly affect Skylight Health Group underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skylight Health's stock value and its price as these two are different measures arrived at by different means. Investors typically determine Skylight Health value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skylight Health's stock price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.