Sky Network (Australia) Today
| SKT Stock | 2.59 0.01 0.38% |
Performance3 of 100
| Odds Of DistressLess than 9
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Sky Network is selling for under 2.59 as of the 26th of April 2024; that is -0.38 percent down since the beginning of the trading day. The stock's last reported lowest price was 2.57. Sky Network has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Sky Network Television are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of February 2024 and ending today, the 26th of April 2024. Click here to learn more.
Business Domain Media & Entertainment | Category Communication Services |
Sky Network is entity of Australia. It is traded as Stock on AU exchange. The company has 143.4 M outstanding shares. More on Sky Network Television
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Sky Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sky Network's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sky Network or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Movies & Entertainment, Media & Entertainment, Communication Services, Communication Services, Entertainment, Entertainment, Communication Services (View all Sectors) | ||||
Sky Network's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sky Network's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sky Network's financial leverage. It provides some insight into what part of Sky Network's total assets is financed by creditors.
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Sky Network Television (SKT) is traded on Australian Securities Exchange in Australia and employs 679 people. Sky Network is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 371.41 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sky Network's market, we take the total number of its shares issued and multiply it by Sky Network's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sky Network Television operates under Entertainment sector and is part of Communication Services industry. The entity has 143.4 M outstanding shares.
Sky Network generates positive cash flow from operations, but has no cash available
Check Sky Network Probability Of Bankruptcy
Ownership AllocationSky Network maintains a total of 143.4 Million outstanding shares. About 74.0 % of Sky Network outstanding shares are held by general public with 2.1 (%) owned by insiders and only 24.1 % by institutional holders. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Sky Ownership Details
Sky Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Sky Network jumping above the current price in 90 days from now is about 18.89%. The Sky Network Television probability density function shows the probability of Sky Network stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sky Network has a beta of 0.4593. This usually implies as returns on the market go up, Sky Network average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sky Network Television will be expected to be much smaller as well. Additionally, sky Network Television has an alpha of 0.0371, implying that it can generate a 0.0371 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sky Network to move above the current price in 90 days from now is about 18.89 (This Sky Network Television probability density function shows the probability of Sky Stock to fall within a particular range of prices over 90 days) .
Sky Network Television Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sky Network market risk premium is the additional return an investor will receive from holding Sky Network long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sky Network. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Sky Network's alpha and beta are two of the key measurements used to evaluate Sky Network's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.61 | |||
| Semi Deviation | 1.76 | |||
| Standard Deviation | 2.2 | |||
| Variance | 4.85 |
Sky Stock Against Markets
Picking the right benchmark for Sky Network stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sky Network stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sky Network is critical whether you are bullish or bearish towards Sky Network Television at a given time. Please also check how Sky Network's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sky Network without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
Sky Network Corporate Management
Elected by the shareholders, the Sky Network's board of directors comprises two types of representatives: Sky Network inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sky. The board's role is to monitor Sky Network's management team and ensure that shareholders' interests are well served. Sky Network's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sky Network's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sophie Moloney | Chief Officer | Profile | |
| Tom Gordon | Chief Officer | Profile | |
| Jonathon Errington | Chief Officer | Profile | |
| Justin Tomlinson | Chief Advisor | Profile | |
| Lauren Quaintance | Chief Officer | Profile | |
| Tex Teixeira | Chief Officer | Profile | |
| Antony Welton | Chief Officer | Profile |
How to buy Sky Stock?
Before investing in Sky Network, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sky Network. To buy Sky Network stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sky Network. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sky Network stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sky Network Television stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sky Network Television stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sky Network Television, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Sky Network Television?
The danger of trading Sky Network Television is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sky Network is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sky Network. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sky Network Television is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sky Network Television. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Sky Stock analysis
When running Sky Network's price analysis, check to measure Sky Network'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 Network is operating at the current time. Most of Sky Network's value examination focuses on studying past and present price action to predict the probability of Sky Network'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 Network's price. Additionally, you may evaluate how the addition of Sky Network to your portfolios can decrease your overall portfolio volatility.
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