Skillz Platform Stock Price on December 10, 2024

SKLZ Stock  USD 5.21  0.08  1.56%   
Below is the normalized historical share price chart for Skillz Platform extending back to April 27, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Skillz Platform stands at 5.21, as last reported on the 27th of December, with the highest price reaching 5.33 and the lowest price hitting 5.01 during the day.
IPO Date
18th of December 2020
200 Day MA
6.0434
50 Day MA
5.3238
Beta
2.763
 
Covid
If you're considering investing in Skillz Stock, it is important to understand the factors that can impact its price. Skillz Platform owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0234, which indicates the firm had a -0.0234% return per unit of risk over the last 3 months. Skillz Platform exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Skillz Platform's Coefficient Of Variation of (3,994), risk adjusted performance of (0.01), and Variance of 9.41 to confirm the risk estimate we provide.
  
At this time, Skillz Platform's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 519.4 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 19.8 M in 2024. . Price Earnings To Growth Ratio is likely to rise to 0.02 in 2024, whereas Price To Sales Ratio is likely to drop 0.81 in 2024. Skillz Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0234

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Estimated Market Risk

 3.12
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Skillz Platform 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 Skillz Platform by adding Skillz Platform to a well-diversified portfolio.
Price Book
0.4344
Enterprise Value Ebitda
(0.20)
Price Sales
0.8158
Shares Float
11.5 M
Wall Street Target Price
8.8333

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Skillz Platform Valuation on December 10, 2024

It is possible to determine the worth of Skillz Platform on a given historical date. On December 10, 2024 Skillz was worth 5.31 at the beginning of the trading date compared to the closed value of 5.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skillz Platform stock. Still, in general, we apply an absolute valuation method to find Skillz Platform's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Skillz Platform where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skillz Platform's related companies.
 Open High Low Close Volume
  5.46    5.62    5.30    5.37    112,023  
12/10/2024
  5.31    5.36    5.18    5.18    119,405  
  5.18    5.25    4.94    5.10    102,790  
Backtest Skillz Platform  |  Skillz Platform History  |  Skillz Platform Valuation   PreviousNext  
Open Value
5.31
5.18
Closing Value
14.66
Upside

Skillz Platform Trading Date Momentum on December 10, 2024

On December 11 2024 Skillz Platform was traded for  5.10  at the closing time. The top price for the day was 5.25  and the lowest listed price was  4.94 . The trading volume for the day was 102.8 K. The trading history from December 11, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.54% . The trading price change against the current closing price is 13.13% .

Skillz Platform Fundamentals Correlations and Trends

By evaluating Skillz Platform's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Skillz Platform's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skillz financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Skillz Platform Stock history

Skillz Platform investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Skillz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skillz Platform will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Skillz Platform stock prices may prove useful in developing a viable investing in Skillz Platform
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.9 M19.8 M
Net Loss-395 M-375.2 M

Skillz Platform Quarterly Net Working Capital

282.33 Million

Skillz Platform Stock Technical Analysis

Skillz Platform technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Skillz Platform technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Skillz Platform trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Skillz Platform Period Price Range

Low
December 27, 2024
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High

 0.00 

     

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Skillz Platform cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Skillz Platform December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Skillz Platform stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skillz Platform shares will generate the highest return on investment. By undertsting and applying Skillz Platform stock market strength indicators, traders can identify Skillz Platform entry and exit signals to maximize returns

Skillz Platform Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Skillz Platform's price direction in advance. Along with the technical and fundamental analysis of Skillz Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skillz to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Skillz Stock Analysis

When running Skillz Platform's price analysis, check to measure Skillz Platform'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 Skillz Platform is operating at the current time. Most of Skillz Platform's value examination focuses on studying past and present price action to predict the probability of Skillz Platform's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skillz Platform's price. Additionally, you may evaluate how the addition of Skillz Platform to your portfolios can decrease your overall portfolio volatility.