Sky Petroleum Stock Performance
| SKPI Stock | USD 0.07 0.06 600.00% |
Sky Petroleum holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -4.63, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sky Petroleum are expected to decrease by larger amounts. On the other hand, during market turmoil, Sky Petroleum is expected to outperform it. Use Sky Petroleum information ratio, as well as the relationship between the daily balance of power and period momentum indicator , to analyze future returns on Sky Petroleum.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Sky Petroleum are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite fairly fragile basic indicators, Sky Petroleum demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
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Sky Petroleum Relative Risk vs. Return Landscape
If you would invest 5.00 in Sky Petroleum on September 17, 2024 and sell it today you would earn a total of 2.00 from holding Sky Petroleum or generate 40.0% return on investment over 90 days. Sky Petroleum is currently generating 8.4762% in daily expected returns and assumes 75.3486% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Sky, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Sky Petroleum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sky Petroleum's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Sky Petroleum, and traders can use it to determine the average amount a Sky Petroleum'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 = 0.1125
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Estimated Market Risk
| 75.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Sky Petroleum is performing at about 8% of its full potential. 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 Petroleum by adding it to a well-diversified portfolio.
Sky Petroleum Fundamentals Growth
Sky Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Sky Petroleum, and Sky Petroleum 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 Pink Sheet performance.
| Return On Asset | -2.32 | |||
| Current Valuation | 9.42 M | |||
| Shares Outstanding | 76.53 M | |||
| Price To Earning | 50.00 X | |||
| EBITDA | (619.53 K) | |||
| Cash And Equivalents | 13.53 K | |||
| Total Debt | 31.3 K | |||
| Book Value Per Share | (0.13) X | |||
| Cash Flow From Operations | (458.46 K) | |||
| Total Asset | 33.04 K | |||
| Retained Earnings | (53.24 M) | |||
| Current Asset | 14 K | |||
| Current Liabilities | 1.76 M | |||
About Sky Petroleum Performance
By evaluating Sky Petroleum's fundamental ratios, stakeholders can gain valuable insights into Sky Petroleum's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sky Petroleum has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Sky Petroleum has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Sky Petroleum, Inc. acquires, explores, develops, and produces oil and natural gas properties of others under arrangements in which the company finances the costs in exchange for interests in the oil or natural gas revenue generated by the properties. Sky Petroleum, Inc. was founded in 2002 and is based in Frisco, Texas. Sky Petroleum operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.Things to note about Sky Petroleum performance evaluation
Checking the ongoing alerts about Sky Petroleum for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Sky Petroleum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sky Petroleum is way too risky over 90 days horizon | |
| Sky Petroleum has some characteristics of a very speculative penny stock | |
| Sky Petroleum appears to be risky and price may revert if volatility continues | |
| Sky Petroleum currently holds 31.3 K in liabilities. Sky Petroleum has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Sky Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Sky Petroleum'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 Petroleum 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 Petroleum's use of debt, we should always consider it together with cash and equity. | |
| Sky Petroleum currently holds about 13.53 K in cash with (458.46 K) of positive cash flow from operations. |
- Analyzing Sky Petroleum'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 Petroleum's stock is overvalued or undervalued compared to its peers.
- Examining Sky Petroleum'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 Petroleum's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sky Petroleum's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sky Petroleum's pink sheet. These opinions can provide insight into Sky Petroleum's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Sky Pink Sheet analysis
When running Sky Petroleum's price analysis, check to measure Sky Petroleum'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 Sky Petroleum is operating at the current time. Most of Sky Petroleum's value examination focuses on studying past and present price action to predict the probability of Sky Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sky Petroleum's price. Additionally, you may evaluate how the addition of Sky Petroleum to your portfolios can decrease your overall portfolio volatility.
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