Skillz Platform Stock Price on December 16, 2024
SKLZ Stock | USD 4.60 0.21 4.78% |
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 4.60, as last reported on the 25th of December, with the highest price reaching 4.65 and the lowest price hitting 4.33 during the day.
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 -0.11, which indicates the firm had a -0.11% 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 Variance of 7.26, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,019) 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.
IPO Date 18th of December 2020 | 200 Day MA 6.0667 | 50 Day MA 5.361 | Beta 2.763 |
Skillz |
Sharpe Ratio = -0.1078
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Negative Returns | SKLZ |
Estimated Market Risk
2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 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 0.3717 | Enterprise Value Ebitda (0.20) | Price Sales 0.6981 | Shares Float 11.5 M | Wall Street Target Price 8.8333 |
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Skillz Platform Valuation on December 16, 2024
It is possible to determine the worth of Skillz Platform on a given historical date. On December 16, 2024 Skillz was worth 4.85 at the beginning of the trading date compared to the closed value of 4.9. 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 | |
5.01 | 5.10 | 4.85 | 4.88 | 121,285 | |
12/16/2024 | 4.85 | 4.94 | 4.85 | 4.90 | 88,441 |
4.86 | 4.98 | 4.75 | 4.91 | 110,868 |
Backtest Skillz Platform | | | Skillz Platform History | | | Skillz Platform Valuation | Previous | Next |
Skillz Platform Trading Date Momentum on December 16, 2024
On December 17 2024 Skillz Platform was traded for 4.91 at the closing time. The top price for the day was 4.98 and the lowest listed price was 4.75 . The trading volume for the day was 110.9 K. The trading history from December 17, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.20% . The trading price change against the current closing price is 11.63% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 20.9 M | 19.8 M | |
Net Loss | -395 M | -375.2 M |
Skillz Platform Quarterly Net Working Capital |
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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.
Price Boundaries
Skillz Platform Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
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 25, 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.
Risk Adjusted Performance | (0.07) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.38) |
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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.