Skillful Craftsman Education Technology Stock Price Down 2.7 percent Whats Next?
EDTK Stock | USD 1.09 0.09 9.00% |
About 54% of Skillful Craftsman's institutional investors are presently thinking to get in. The analysis of the overall prospects from investing in Skillful Craftsman Education suggests that some traders are, at the present time, interested. Skillful Craftsman's investing sentiment shows overall attitude of investors towards Skillful Craftsman Education.
Skillful |
Skillful Craftsman Education Technology Limited shares traded down 2.7 percent during trading on Tuesday . The stock traded as low as 0.90 and last traded at 0.96. 3,474 shares were traded during trading, a decline of 92 percent from the average session volume of 41,956 shares. The stock had previously closed at
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Skillful Craftsman Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Skillful Craftsman can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Skillful Craftsman Fundamental Analysis
We analyze Skillful Craftsman's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skillful Craftsman using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skillful Craftsman based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Skillful Craftsman is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Skillful Craftsman Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Skillful Craftsman stock to make a market-neutral strategy. Peer analysis of Skillful Craftsman could also be used in its relative valuation, which is a method of valuing Skillful Craftsman by comparing valuation metrics with similar companies.
Peers
Skillful Craftsman Related Equities
AMBO | Ambow Education | 17.79 | ||||
WAFU | Wah Fu | 4.12 | ||||
GSUN | Golden Sun | 2.79 | ||||
APEI | American Public | 0.72 | ||||
QSG | QuantaSing Group | 0.70 | ||||
ATGE | Adtalem Global | 0.84 | ||||
EEIQ | Elite Education | 0.96 | ||||
AACG | ATA Creativity | 2.00 | ||||
CLEU | China Liberal | 5.00 | ||||
VSTA | Vasta Platform | 5.00 |
Check out Skillful Craftsman Hype Analysis, Skillful Craftsman Correlation and Skillful Craftsman Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skillful Craftsman. If investors know Skillful will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skillful Craftsman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Earnings Share (0.31) | Revenue Per Share 0.129 | Quarterly Revenue Growth (0.88) | Return On Assets (0.03) |
The market value of Skillful Craftsman is measured differently than its book value, which is the value of Skillful that is recorded on the company's balance sheet. Investors also form their own opinion of Skillful Craftsman's value that differs from its market value or its book value, called intrinsic value, which is Skillful Craftsman'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 Skillful Craftsman's market value can be influenced by many factors that don't directly affect Skillful Craftsman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skillful Craftsman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skillful Craftsman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skillful Craftsman's 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.