Skillz Platform Stock Overlap Studies Parabolic SAR Extended

SKLZ Stock  USD 5.44  0.96  15.00%   
Skillz Platform overlap studies tool provides the execution environment for running the Parabolic SAR Extended study and other technical functions against Skillz Platform. Skillz Platform value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Parabolic SAR Extended study function is designed to identify and follow existing trends. Skillz Platform overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Start Value, Offset on Reverse, AF Init Long, AF Long, AF Max Long, AF Init Short, AF Short, and AF Max Short.

Study
Start Value
Offset on Reverse
AF Init Long
AF Long
AF Max Long
AF Init Short
AF Short
AF Max Short
Execute Study
The output start index for this execution was one with a total number of output elements of sixty. The Extended Parabolic SAR indicator is used to determine the direction of Skillz Platform's momentum and the point in time when it has higher than normal probability of directional change. It has more input parameters than standard Parabolic SAR indicator.

Skillz Platform Technical Analysis Modules

Most technical analysis of Skillz Platform help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Skillz from various momentum indicators to cycle indicators. When you analyze Skillz charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Skillz Platform Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Skillz Platform. We use our internally-developed statistical techniques to arrive at the intrinsic value of Skillz Platform based on widely used predictive technical indicators. In general, we focus on analyzing Skillz Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Skillz Platform's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Skillz Platform's intrinsic value. In addition to deriving basic predictive indicators for Skillz Platform, we also check how macroeconomic factors affect Skillz Platform price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Days Sales Outstanding9.7114.459.86
PTB Ratio0.750.640.6
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Skillz Platform's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
1.815.429.03
Details
Intrinsic
Valuation
LowRealHigh
3.226.8310.44
Details
Naive
Forecast
LowNextHigh
1.935.549.15
Details
4 Analysts
Consensus
LowTargetHigh
10.4711.5012.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Skillz Platform. Your research has to be compared to or analyzed against Skillz Platform's peers to derive any actionable benefits. When done correctly, Skillz Platform's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Skillz Platform.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Skillz Platform in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Skillz Platform's short interest history, or implied volatility extrapolated from Skillz Platform options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Picks Idea
Macroaxis Picks
Invested over 30 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares
Banking Idea
Banking
Invested over 30 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
When determining whether Skillz Platform offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Skillz Platform's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Skillz Platform Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Skillz Platform Stock:
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary 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.
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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
(5.11)
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.