Skillz Platform Stock Buy Hold or Sell Recommendation
| SKLZ Stock | USD 6.06 0.07 1.17% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Skillz Platform is 'Hold'. Macroaxis provides Skillz Platform buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SKLZ positions. The advice algorithm takes into account all of Skillz Platform's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Skillz Platform's buy or sell advice are summarized below:
Real Value 7.32 | Target Price 11.5 | Hype Value 5.81 | Market Value 6.06 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Skillz Platform given historical horizon and risk tolerance towards Skillz Platform. When Macroaxis issues a 'buy' or 'sell' recommendation for Skillz Platform, the advice is generated through an automated system that utilizes algorithms and statistical models.
Skillz |
Execute Skillz Platform Buy or Sell Advice
The Skillz recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Skillz Platform. Macroaxis does not own or have any residual interests in Skillz Platform or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Skillz Platform's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Skillz Platform Trading Alerts and Improvement Suggestions
| Skillz Platform had very high historical volatility over the last 90 days | |
| Skillz Platform has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 150.11 M. Net Loss for the year was (106.69 M) with profit before overhead, payroll, taxes, and interest of 238.99 M. | |
| Skillz Platform currently holds about 470.47 M in cash with (69.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.12. | |
| Skillz Platform has a poor financial position based on the latest SEC disclosures | |
| Roughly 17.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Reflecting On Video Gaming Stocks Q4 Earnings Skillz - Yahoo Finance |
Skillz Platform Returns Distribution Density
The distribution of Skillz Platform's historical returns is an attempt to chart the uncertainty of Skillz Platform's future price movements. The chart of the probability distribution of Skillz Platform daily returns describes the distribution of returns around its average expected value. We use Skillz Platform price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Skillz Platform returns is essential to provide solid investment advice for Skillz Platform.
| Mean Return | 0.36 | Value At Risk | -5.96 | Potential Upside | 5.58 | Standard Deviation | 4.27 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Skillz Platform historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Skillz Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Skillz Platform is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Skillz Platform backward and forwards among themselves. Skillz Platform's institutional investor refers to the entity that pools money to purchase Skillz Platform's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corporation | 2023-12-31 | 54.8 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 53.7 K | Gsa Capital Partners Llp | 2023-12-31 | 53 K | Two Sigma Investments Llc | 2023-12-31 | 52.9 K | Citigroup Inc | 2023-12-31 | 51.2 K | D. E. Shaw & Co Lp | 2023-09-30 | 50.5 K | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 43.9 K | Susquehanna International Group, Llp | 2023-12-31 | 40.6 K | Amvescap Plc. | 2023-12-31 | 37.9 K | Vanguard Group Inc | 2023-12-31 | 505.1 K | Renaissance Technologies Corp | 2023-12-31 | 404.1 K |
Skillz Platform Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (3.2M) | (3.2M) | (556.7M) | 311.4M | 299.1M | 314.0M | |
| Change In Cash | 6.0M | 237.1M | (21.4M) | 121.2M | (50.5M) | (48.0M) | |
| Net Borrowings | 6.1M | (10M) | 279.3M | (9.9M) | (11.4M) | (10.8M) | |
| Free Cash Flow | (25.2M) | (59.5M) | (183.4M) | (181.5M) | (82.9M) | (87.0M) | |
| Depreciation | 711K | 1.6M | 11.1M | 17.9M | 2.0M | 1.9M | |
| Other Non Cash Items | 2.1M | 558K | (87.1M) | 166.3M | (7.8M) | (7.4M) | |
| Capital Expenditures | 3.2M | 3.2M | 3.2M | 1.9M | 13.2M | 13.9M | |
| Net Income | (23.6M) | (122.5M) | (181.4M) | (438.9M) | (106.7M) | (112.0M) | |
| End Period Cash Flow | 28.5M | 265.6M | 244.3M | 365.4M | 312.0M | 227.0M | |
| Change To Netincome | (2.4M) | 48.8M | (46.2M) | 270.1M | 310.6M | 326.1M |
Skillz Platform Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Skillz Platform or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Skillz Platform's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Skillz stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.22 | |
β | Beta against NYSE Composite | 2.81 | |
σ | Overall volatility | 4.27 | |
Ir | Information ratio | 0.07 |
Skillz Platform Volatility Alert
Skillz Platform shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Skillz Platform's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Skillz Platform's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Skillz Platform Fundamentals Vs Peers
Comparing Skillz Platform's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Skillz Platform's direct or indirect competition across all of the common fundamentals between Skillz Platform and the related equities. This way, we can detect undervalued stocks with similar characteristics as Skillz Platform or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Skillz Platform's fundamental indicators could also be used in its relative valuation, which is a method of valuing Skillz Platform by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Skillz Platform to competition |
| Fundamentals | Skillz Platform | Peer Average |
| Return On Equity | -0.44 | -0.31 |
| Return On Asset | -0.14 | -0.14 |
| Profit Margin | (0.71) % | (1.27) % |
| Operating Margin | (0.78) % | (5.51) % |
| Current Valuation | (66.7 M) | 16.62 B |
| Shares Outstanding | 16 M | 571.82 M |
| Shares Owned By Insiders | 17.00 % | 10.09 % |
| Shares Owned By Institutions | 33.78 % | 39.21 % |
| Number Of Shares Shorted | 2.28 M | 4.71 M |
| Price To Book | 0.53 X | 9.51 X |
| Price To Sales | 0.80 X | 11.42 X |
| Revenue | 150.11 M | 9.43 B |
| Gross Profit | 238.99 M | 27.38 B |
| EBITDA | (113.99 M) | 3.9 B |
| Net Income | (106.69 M) | 570.98 M |
| Cash And Equivalents | 470.47 M | 2.7 B |
| Cash Per Share | 1.12 X | 5.01 X |
| Total Debt | 135.87 M | 5.32 B |
| Debt To Equity | 0.59 % | 48.70 % |
| Current Ratio | 8.61 X | 2.16 X |
| Book Value Per Share | 12.07 X | 1.93 K |
| Cash Flow From Operations | (69.62 M) | 971.22 M |
| Short Ratio | 13.44 X | 4.00 X |
| Earnings Per Share | (10.97) X | 3.12 X |
| Target Price | 10.17 | |
| Beta | 2.84 | -0.15 |
| Market Capitalization | 113.67 M | 19.03 B |
| Total Asset | 395.5 M | 29.47 B |
| Retained Earnings | (979.8 M) | 9.33 B |
| Working Capital | 452.19 M | 1.48 B |
| Net Asset | 395.5 M |
Note: Insider Trading [view details]
Skillz Platform Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Skillz . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Skillz Platform Buy or Sell Advice
When is the right time to buy or sell Skillz Platform? Buying financial instruments such as Skillz Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 86.8M | 49.5M | 54.8M | 47.5M | Other Current Liabilities | 64.7M | 45.7M | 51.8M | 36.5M |
Use Investing Ideas to Build Portfolios
In addition to having Skillz Platform in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 139 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Most Shorted Equities Theme or any other thematic opportunities.
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Check out Skillz Platform Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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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.
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Is Skillz Platform'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 Skillz Platform. If investors know Skillz 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 Skillz Platform 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 30.538 | Earnings Share (10.97) | Revenue Per Share 7.185 | Quarterly Revenue Growth (0.32) | Return On Assets (0.14) |
The market value of Skillz Platform is measured differently than its book value, which is the value of Skillz that is recorded on the company's balance sheet. Investors also form their own opinion of Skillz Platform's value that differs from its market value or its book value, called intrinsic value, which is Skillz Platform'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 Skillz Platform's market value can be influenced by many factors that don't directly affect Skillz Platform'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 Skillz Platform's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skillz Platform is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skillz Platform'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.