Skillful Property Plant Equipment from 2010 to 2024

EDTK Stock  USD 0.91  0.01  1.11%   
Skillful Craftsman Property Plant Equipment yearly trend continues to be quite stable with very little volatility. The value of Property Plant Equipment is projected to decrease to about 11.4 M. From the period between 2010 and 2024, Skillful Craftsman, Property Plant Equipment regression line of its data series had standard deviation of  5,801,861 and standard deviation of  5,801,861. View All Fundamentals
 
Property Plant Equipment  
First Reported
2010-12-31
Previous Quarter
12.3 M
Current Value
11.4 M
Quarterly Volatility
5.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skillful Craftsman financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skillful main balance sheet or income statement drivers, such as Tax Provision of 361.6 K, Interest Income of 58 K or Depreciation And Amortization of 9.7 M, as well as many exotic indicators such as Price To Sales Ratio of 2.27, Dividend Yield of 0.0 or PTB Ratio of 2.23. Skillful financial statements analysis is a perfect complement when working with Skillful Craftsman Valuation or Volatility modules.
  
This module can also supplement various Skillful Craftsman Technical models . Check out the analysis of Skillful Craftsman Correlation against competitors.

Latest Skillful Craftsman's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of Skillful Craftsman Education over the last few years. It is Skillful Craftsman's Property Plant Equipment historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skillful Craftsman's overall financial position and show how it may be relating to other accounts over time.
Property Plant Equipment10 Years Trend
Slightly volatile
   Property Plant Equipment   
       Timeline  

Skillful Property Plant Equipment Regression Statistics

Arithmetic Mean6,245,216
Geometric Mean3,307,121
Coefficient Of Variation92.90
Mean Deviation5,528,153
Median1,062,573
Standard Deviation5,801,861
Sample Variance33.7T
Range13M
R-Value0.83
Mean Square Error11.5T
R-Squared0.68
Significance0.0001
Slope1,071,553
Total Sum of Squares471.3T

Skillful Property Plant Equipment History

202411.4 M
202312.3 M
202110.7 M
202013.7 M
201912.3 M
201814 M

About Skillful Craftsman Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Skillful Craftsman income statement, its balance sheet, and the statement of cash flows. Skillful Craftsman investors use historical funamental indicators, such as Skillful Craftsman's Property Plant Equipment, to determine how well the company is positioned to perform in the future. Although Skillful Craftsman investors may use each financial statement separately, they are all related. The changes in Skillful Craftsman's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Skillful Craftsman's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Skillful Craftsman Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Skillful Craftsman. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Property Plant Equipment12.3 M11.4 M

Pair Trading with Skillful Craftsman

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 Skillful Craftsman 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 Skillful Craftsman will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Skillful Craftsman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skillful Craftsman 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 Skillful Craftsman - 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 Skillful Craftsman Education to buy it.
The correlation of Skillful Craftsman 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 Skillful Craftsman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skillful Craftsman 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 Skillful Craftsman 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.
Pair CorrelationCorrelation Matching
When determining whether Skillful Craftsman is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Skillful Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Skillful Craftsman Education Stock. Highlighted below are key reports to facilitate an investment decision about Skillful Craftsman Education Stock:
Check out the analysis of Skillful Craftsman Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is Skillful Craftsman's industry 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
(1.22)
Revenue Per Share
0.364
Quarterly Revenue Growth
(0.80)
Return On Assets
(0.06)
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.