Skeena Non Current Liabilities Total from 2010 to 2024

SKE Stock  CAD 13.40  0.15  1.13%   
Skeena Resources Non Current Liabilities Total yearly trend continues to be very stable with very little volatility. Non Current Liabilities Total is likely to grow to about 47.5 M this year. During the period from 2010 to 2024, Skeena Resources Non Current Liabilities Total quarterly data regression pattern had sample variance of 245.5 T and median of  1,091,398. View All Fundamentals
 
Non Current Liabilities Total  
First Reported
2007-12-31
Previous Quarter
45.4 M
Current Value
32.5 M
Quarterly Volatility
10.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skeena Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skeena Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 322.1 K or Selling General Administrative of 4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 4.59. Skeena financial statements analysis is a perfect complement when working with Skeena Resources Valuation or Volatility modules.
  
This module can also supplement various Skeena Resources Technical models . Check out the analysis of Skeena Resources Correlation against competitors.
To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.

Pair Trading with Skeena Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Skeena Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Skeena Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Skeena Stock

  0.74AG First Majestic SilverPairCorr

Moving against Skeena Stock

  0.35INFM Infinico Metals CorpPairCorr
  0.32HPQ HPQ Silicon ResourcesPairCorr
  0.31EBM Eastwood Bio MedicalPairCorr
The ability to find closely correlated positions to Skeena Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skeena Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Skeena Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Skeena Resources to buy it.
The correlation of Skeena Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Skeena Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skeena Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Skeena Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Skeena Resources is a strong investment it is important to analyze Skeena Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Skeena Resources' future performance. For an informed investment choice regarding Skeena Stock, refer to the following important reports:
Check out the analysis of Skeena Resources Correlation against competitors.
To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Please note, there is a significant difference between Skeena Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skeena Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skeena Resources' 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.