Skillz Platform Stock Performance
| SKLZ Stock | USD 6.90 0.08 1.15% |
Skillz Platform has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 1.82, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Skillz Platform will likely underperform. Skillz Platform right now has a risk of 3.78%. Please validate Skillz Platform maximum drawdown, as well as the relationship between the skewness and day typical price , to decide if Skillz Platform will be following its existing price patterns.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Skillz Platform are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong essential indicators, Skillz Platform is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (1.15) | Five Day Return (1.57) | Year To Date Return 18.15 | Ten Year Return (96.52) | All Time Return (96.52) |
Last Split Factor 1:20 | Last Split Date 2023-06-26 |
1 | Skillz Inc. Q4 2023 Earnings Call Transcript | 03/15/2024 |
2 | Acquisition by Casey Chafkin of 916 shares of Skillz Platform subject to Rule 16b-3 | 03/22/2024 |
3 | Insider Trading | 04/05/2024 |
4 | Reflecting On Video Gaming Stocks Q4 Earnings Skillz - Yahoo Finance | 04/12/2024 |
5 | Boyd Gaming Q1 Earnings Miss Estimates | 04/25/2024 |
6 | Skillz to Report 2024 First Quarter Results on May 9 and Host Conference Call and Webcast | 05/07/2024 |
7 | Skillz Inc. Reports Q1 Loss, Lags Revenue Estimates | 05/09/2024 |
8 | Skillz Inc. Reports Q1 2024 Earnings Revenue Falls Short of Estimates Amidst Strategic Challenges | 05/10/2024 |
9 | Skillz stock target cut, maintains buy rating | 05/13/2024 |
10 | Video Gaming Stocks Q1 Highlights Roblox | 05/23/2024 |
11 | Video Gaming Stocks Q1 Earnings Take-Two Firing on All Cylinders | 05/29/2024 |
12 | Disposition of 304 shares by Kent Wakeford of Skillz Platform subject to Rule 16b-3 | 05/31/2024 |
| Begin Period Cash Flow | 362.5 M |
Skillz |
Skillz Platform Relative Risk vs. Return Landscape
If you would invest 690.00 in Skillz Platform on March 12, 2024 and sell it today you would earn a total of 0.00 from holding Skillz Platform or generate 0.0% return on investment over 90 days. Skillz Platform is currently generating 0.072% in daily expected returns and assumes 3.7782% risk (volatility on return distribution) over the 90 days horizon. In different words, 33% of stocks are less volatile than Skillz, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Skillz Platform Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skillz Platform's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Skillz Platform, and traders can use it to determine the average amount a Skillz Platform's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0191
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| Cash | Small Risk | Average Risk | SKLZ | Huge Risk |
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Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Skillz Platform is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Skillz Platform by adding it to a well-diversified portfolio.
Skillz Platform Fundamentals Growth
Skillz Stock prices reflect investors' perceptions of the future prospects and financial health of Skillz Platform, and Skillz Platform fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Skillz Stock performance.
| Return On Equity | -0.45 | |||
| Return On Asset | -0.14 | |||
| Profit Margin | (0.75) % | |||
| Operating Margin | (1.06) % | |||
| Current Valuation | (29.11 M) | |||
| Shares Outstanding | 14.6 M | |||
| Price To Book | 0.53 X | |||
| Price To Sales | 0.80 X | |||
| Revenue | 150.11 M | |||
| Gross Profit | 238.99 M | |||
| EBITDA | (113.99 M) | |||
| Net Income | (106.69 M) | |||
| Cash And Equivalents | 470.47 M | |||
| Cash Per Share | 1.12 X | |||
| Total Debt | 135.87 M | |||
| Debt To Equity | 0.59 % | |||
| Current Ratio | 8.61 X | |||
| Book Value Per Share | 10.12 X | |||
| Cash Flow From Operations | (69.62 M) | |||
| Earnings Per Share | (5.11) X | |||
| Market Capitalization | 125.85 M | |||
| Total Asset | 395.5 M | |||
| Retained Earnings | (979.8 M) | |||
| Working Capital | 452.19 M | |||
About Skillz Platform Performance
To evaluate Skillz Platform Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Skillz Platform generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Skillz Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Skillz Platform market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Skillz's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.27) | (0.28) | |
| Return On Capital Employed | (0.34) | (0.36) | |
| Return On Assets | (0.27) | (0.28) | |
| Return On Equity | (0.52) | (0.55) |
Things to note about Skillz Platform performance evaluation
Checking the ongoing alerts about Skillz Platform for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Skillz Platform help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Skillz Platform had very high historical volatility over the last 90 days | |
| Skillz Platform has a very high chance of going through financial distress in the upcoming 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. | |
| Roughly 19.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Video Gaming Stocks Q1 Earnings Take-Two Firing on All Cylinders |
- Analyzing Skillz Platform's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Skillz Platform's stock is overvalued or undervalued compared to its peers.
- Examining Skillz Platform's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Skillz Platform's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Skillz Platform's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Skillz Platform's stock. These opinions can provide insight into Skillz Platform's potential for growth and whether the stock is currently undervalued or overvalued.
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.