SK Growth Earnings Per Share vs. Beta
| SKGR Stock | USD 11.63 0.01 0.09% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Return On Equity | 0.0809 | 0.0851 |
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For SK Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SK Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SK Growth Opportunities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SK Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SK Growth Opportunities over time as well as its relative position and ranking within its peers.
SKGR |
Is Asset Management & Custody Banks 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 SK Growth. If investors know SKGR 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 SK Growth 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 (0.06) | Earnings Share 0.22 | Return On Assets (0.01) |
The market value of SK Growth Opportunities is measured differently than its book value, which is the value of SKGR that is recorded on the company's balance sheet. Investors also form their own opinion of SK Growth's value that differs from its market value or its book value, called intrinsic value, which is SK Growth'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 SK Growth's market value can be influenced by many factors that don't directly affect SK Growth'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 SK Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if SK Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SK Growth'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.
SK Growth Opportunities Beta vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SK Growth's current stock value. Our valuation model uses many indicators to compare SK Growth value to that of its competitors to determine the firm's financial worth. SK Growth Opportunities is currently regarded as top stock in earnings per share category among its peers. It is rated fifth in beta category among its peers totaling about 0.08 of Beta per Earnings Per Share. The ratio of Earnings Per Share to Beta for SK Growth Opportunities is roughly 12.94 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SK Growth by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.SKGR Beta vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
SK Growth |
| = | 0.22 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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.
SK Growth |
| = | 0.017 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
SKGR Beta Comparison
SK Growth is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, SK Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding SK Growth is expected to be smaller as well.
SK Growth Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SK Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SK Growth will eventually generate negative long term returns. The profitability progress is the general direction of SK Growth's change in net profit over the period of time. It can combine multiple indicators of SK Growth, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -2.2 M | -2 M | |
| Income Before Tax | 8.1 M | 8.6 M | |
| Total Other Income Expense Net | 10.3 M | 10.8 M | |
| Net Income Applicable To Common Shares | 2.4 M | 2.5 M | |
| Net Income | 8.1 M | 8.6 M | |
| Income Tax Expense | -2.2 K | -2.3 K | |
| Net Income From Continuing Ops | 8 M | 5.6 M | |
| Change To Netincome | -2.5 M | -2.4 M | |
| Net Income Per Share | 0.31 | 0.33 | |
| Income Quality | (0.09) | (0.09) | |
| Net Income Per E B T | 2.11 | 1.87 |
SKGR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SK Growth. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SK Growth position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SK Growth's important profitability drivers and their relationship over time.
Use SK Growth in pair-trading
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 SK Growth 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 SK Growth will appreciate offsetting losses from the drop in the long position's value.SK Growth Pair Trading
SK Growth Opportunities Pair Trading Analysis
The ability to find closely correlated positions to SK Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SK Growth 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 SK Growth - 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 SK Growth Opportunities to buy it.
The correlation of SK Growth 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 SK Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SK Growth Opportunities 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 SK Growth 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.Use Investing Themes to Complement your SK Growth position
In addition to having SK Growth in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Junk Bonds Funds Theme or any other thematic opportunities.
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Additional Tools for SKGR Stock Analysis
When running SK Growth's price analysis, check to measure SK Growth'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 SK Growth is operating at the current time. Most of SK Growth's value examination focuses on studying past and present price action to predict the probability of SK Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Growth's price. Additionally, you may evaluate how the addition of SK Growth to your portfolios can decrease your overall portfolio volatility.