Skillz Platform Stock Analysis

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 0.53. 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 10.97. The entity had not issued any dividends in recent years. The firm had 1:20 split on the 26th of June 2023. 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

Skillz Platform Upcoming and Recent Events

Skillz Largest EPS Surprises

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Skillz Platform Thematic Classifications

Skillz Stock Institutional Investors

Note, although Skillz Platform's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Skillz Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 116.39 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 those looking for more risk prefer small-cap and mid-cap equities.

Skillz Profitablity

The company has Profit Margin (PM) of (0.71) %, 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 (0.78) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.78.

Management Efficiency

Skillz Platform has return on total asset (ROA) of (0.1425) % which means that it has lost $0.1425 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4413) %, meaning that it created substantial loss on money invested by shareholders. Skillz Platform's 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. Return On Tangible Assets is likely to drop to -0.28 in 2024. Return On Capital Employed is likely to drop to -0.36 in 2024. At this time, Skillz Platform's Other Current Assets are fairly stable compared to the past year. Total Assets is likely to rise to about 519.4 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 200.5 M in 2024.

Technical Drivers

As of the 19th of April, Skillz Platform has the Coefficient Of Variation of 1173.96, risk adjusted performance of 0.0612, and Semi Deviation of 3.55. 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 6.05 per share. Given that Skillz Platform has jensen alpha of 0.1772, we advise you to double-check Skillz Platform's current market performance to make sure the company can sustain itself at a future point.

Skillz Platform Price Movement Analysis

Skillz Platform Insider Trading Activities

Skillz Platform Predictive Daily Indicators

Skillz Platform Corporate Filings

Skillz Platform Forecast Models

Skillz Platform's time-series forecasting models are one of many Skillz Platform's stock analysis techniques aimed at predicting 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.

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.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Skillz analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Skillz analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Skillz Platform stock analysis indicators help investors 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 understating and applying Skillz Platform stock analysis, traders can identify Skillz Platform position entry and exit signals to maximize returns.

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 tightly coupled 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.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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.

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.

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.