Skkynet Cloud Systems Stock Performance
| SKKY Stock | USD 0.57 0.01 1.79% |
The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Skkynet Cloud's returns are expected to increase less than the market. However, during the bear market, the loss of holding Skkynet Cloud is expected to be smaller as well. At this point, Skkynet Cloud Systems has a negative expected return of -0.74%. Please make sure to validate Skkynet Cloud's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Skkynet Cloud Systems performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Skkynet Cloud Systems has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's forward-looking signals remain fairly strong which may send shares a bit higher in August 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 797.8 K |
Skkynet |
Skkynet Cloud Relative Risk vs. Return Landscape
If you would invest 95.00 in Skkynet Cloud Systems on April 17, 2025 and sell it today you would lose (38.00) from holding Skkynet Cloud Systems or give up 40.0% of portfolio value over 90 days. Skkynet Cloud Systems is currently does not generate positive expected returns and assumes 4.3129% risk (volatility on return distribution) over the 90 days horizon. In different words, 38% of otc stocks are less volatile than Skkynet, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Skkynet Cloud Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skkynet Cloud's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Skkynet Cloud Systems, and traders can use it to determine the average amount a Skkynet Cloud'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 = -0.172
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SKKY |
Estimated Market Risk
| 4.31 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.74 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Skkynet Cloud is not performing at its full potential. However, 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 Skkynet Cloud by adding Skkynet Cloud to a well-diversified portfolio.
Skkynet Cloud Fundamentals Growth
Skkynet OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Skkynet Cloud, and Skkynet Cloud 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 Skkynet OTC Stock performance.
| Return On Equity | 0.0583 | |||
| Return On Asset | -0.0336 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 9.98 M | |||
| Shares Outstanding | 53.14 M | |||
| Price To Earning | (23.53) X | |||
| Price To Book | 21.21 X | |||
| Price To Sales | 5.33 X | |||
| Revenue | 2.16 M | |||
| EBITDA | (57.88 K) | |||
| Cash And Equivalents | 672.3 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 19.11 K | |||
| Debt To Equity | 0.06 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (36.02 K) | |||
| Total Asset | 1.14 M | |||
| Retained Earnings | (4.11 M) | |||
| Current Asset | 649.56 K | |||
| Current Liabilities | 195.42 K | |||
About Skkynet Cloud Performance
Evaluating Skkynet Cloud's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Skkynet Cloud 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 Skkynet Cloud 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.
Skkynet Cloud Systems, Inc., an industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products worldwide. Skkynet Cloud Systems, Inc. was incorporated in 2011 and is headquartered in Mississauga, Canada. Skkynet Cloud operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange. It employs 10 people.Things to note about Skkynet Cloud Systems performance evaluation
Checking the ongoing alerts about Skkynet Cloud for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Skkynet Cloud Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Skkynet Cloud generated a negative expected return over the last 90 days | |
| Skkynet Cloud has some characteristics of a very speculative penny stock | |
| Skkynet Cloud has high historical volatility and very poor performance | |
| Skkynet Cloud Systems currently holds about 672.3 K in cash with (36.02 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 70.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Skkynet Cloud'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 Skkynet Cloud's stock is overvalued or undervalued compared to its peers.
- Examining Skkynet Cloud'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 Skkynet Cloud's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Skkynet Cloud's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Skkynet Cloud's otc stock. These opinions can provide insight into Skkynet Cloud's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Skkynet OTC Stock Analysis
When running Skkynet Cloud's price analysis, check to measure Skkynet Cloud'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 Skkynet Cloud is operating at the current time. Most of Skkynet Cloud's value examination focuses on studying past and present price action to predict the probability of Skkynet Cloud's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skkynet Cloud's price. Additionally, you may evaluate how the addition of Skkynet Cloud to your portfolios can decrease your overall portfolio volatility.