Skillz Stock Analysis

SKLZ
 Stock
  

USD 0.98  0.00485  0.49%   

Skillz Platform price slide over the last few months created some momentum for investors as it was traded today as low as 0.95 and as high as 1.0 per share. The company directors and management were not very successful in positioning the company resources to exploit market volatility in November. However, diversifying your holdings with Skillz Platform or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 6.86. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Skillz Platform partners.
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The Skillz Platform stock analysis report makes it easy to digest most publicly released information about Skillz Platform and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Skillz Stock analysis module also helps to analyze the Skillz Platform price relationship with some important fundamental indicators such as market cap and management efficiency.

Skillz Stock Analysis Notes

About 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.88. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Skillz Platform recorded a loss per share of 0.91. The entity had not issued any dividends in recent years. Skillz Inc. operates a mobile games platform that connects players in fair, fun, and meaningful competition. Skillz Inc. was founded in 2012 and is headquartered in San Francisco, California. Skillz operates under Electronic Gaming Multimedia classification in the United States and is traded on New York Stock Exchange. It employs 650 people. To find out more about Skillz Platform contact Andrew Paradise at 415 762 0511 or learn more at https://www.skillz.com.

Skillz Platform Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Skillz Platform's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Skillz Platform or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Skillz Platform generated a negative expected return over the last 90 days
Skillz Platform has high historical volatility and very poor performance
Skillz Platform has some characteristics of a very speculative penny stock
The company reported the previous year's revenue of 384.09 M. Net Loss for the year was (181.38 M) with profit before overhead, payroll, taxes, and interest of 359.38 M.
Skillz Platform currently holds about 470.47 M in cash with (180.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 17.0% of the company outstanding shares are owned by corporate insiders

Skillz Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 411.43 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Skillz Platform's market, we take the total number of its shares issued and multiply it by Skillz Platform's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Skillz Profitablity

Skillz Platform's profitability indicators refer to fundamental financial ratios that showcase Skillz Platform's ability to generate income relative to its revenue or operating costs. If, let's say, Skillz Platform is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Skillz Platform's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Skillz Platform's profitability requires more research than a typical breakdown of Skillz Platform's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (1.15) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.95) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.01.

Management Efficiency

The entity has return on total asset (ROA) of (0.251) % which means that it has lost $0.251 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (0.6796) %, meaning that it created substantial loss on money invested by shareholders. Skillz Platform management efficiency ratios could be used to measure how well skillz platform manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 1st of December, Skillz Platform has the coefficient of variation of (2,299), and Risk Adjusted Performance of (0.06). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Skillz Platform, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Skillz Platform, which can be compared to its competition. Please validate Skillz Platform coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Skillz Platform is priced more or less accurately, providing market reflects its prevalent price of 0.97515 per share. Given that Skillz Platform is a hitting penny stock territory we recommend to closely look at its total risk alpha.

Skillz Platform Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. Skillz Platform Triple Exponential Moving Average indicator shows smoothing effect of Skillz Platform price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
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Skillz Platform Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Skillz Platform insiders, such as employees or executives, is commonly permitted as long as it does not rely on Skillz Platform's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Skillz Platform insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Skillz Platform Predictive Daily Indicators

Skillz Platform intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Skillz Platform stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Skillz Platform Forecast Models

Skillz Platform time-series forecasting models is one of many Skillz Platform's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Skillz Platform's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Skillz Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Skillz Platform prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Skillz shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Skillz Platform. By using and applying Skillz Stock analysis, traders can create a robust methodology for identifying Skillz entry and exit points for their positions.
Skillz Inc. operates a mobile games platform that connects players in fair, fun, and meaningful competition. Skillz Inc. was founded in 2012 and is headquartered in San Francisco, California. Skillz operates under Electronic Gaming Multimedia classification in the United States and is traded on New York Stock Exchange. It employs 650 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Skillz Platform to your portfolios without increasing risk or reducing expected return.

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Additionally, take a look at World Market Map. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Skillz Platform 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 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 YOY
30.54
Market Capitalization
411.4 M
Quarterly Revenue Growth YOY
(0.41) 
Return On Assets
(0.25) 
Return On Equity
(0.68) 
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 Skillz Platform value 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.