SKLZ Stock | | | USD 5.21 0.08 1.56% |
Skillz Platform financial indicator trend analysis is much more than just breaking down Skillz Platform prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skillz Platform is a good investment. Please check the relationship between Skillz Platform Free Cash Flow Per Share and its Free Cash Flow Yield accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Skillz Platform. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Skillz Stock please use our
How to Invest in Skillz Platform guide.
Free Cash Flow Per Share vs Free Cash Flow Yield
Free Cash Flow Per Share vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Skillz Platform Free Cash Flow Per Share account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.
The correlation between Skillz Platform's Free Cash Flow Per Share and Free Cash Flow Yield is 0.63. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Skillz Platform, assuming nothing else is changed. The correlation between historical values of Skillz Platform's Free Cash Flow Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Skillz Platform are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow Per Share i.e., Skillz Platform's Free Cash Flow Per Share and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Skillz Platform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skillz Platform current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Skillz Platform. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Skillz Stock please use our
How to Invest in Skillz Platform guide.At this time, Skillz Platform's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.67 in 2024, whereas
Selling General Administrative is likely to drop slightly above 86.5
M in 2024.
Skillz Platform fundamental ratios Correlations
Click cells to compare fundamentals
Skillz Platform Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Skillz Platform fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.