Skillz Platform Stock Performance
| SKLZ Stock | USD 5.74 0.17 2.88% |
The entity has a beta of 1.35, 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. At this point, Skillz Platform has a negative expected return of -0.3%. Please make sure to validate Skillz Platform's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Skillz Platform performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Skillz Platform has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's essential indicators remain fairly strong which may send shares a bit higher in October 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Actual Historical Performance (%)
One Day Return (2.88) | Five Day Return (3.69) | Year To Date Return (1.71) | Ten Year Return (97.10) | All Time Return (97.10) |
Last Split Factor 1:20 | Last Split Date 2023-06-26 |
1 | Skillz to Report 2024 Second Quarter Results on August 1 and Host Conference Call and Webcast | 07/29/2024 |
2 | Skillz GAAP EPS of 1.44, revenue of 25.3M misses by 1.13M | 08/01/2024 |
3 | Skillz Inc Q2 2024 Earnings Call Transcript Highlights Revenue Decline and User Growth ... | 08/02/2024 |
4 | Disposition of tradable shares by Nikul Patel of Skillz Platform subject to Rule 16b-3 | 08/07/2024 |
5 | Disposition of 3511 shares by Hoffman Henry M. of Skillz Platform subject to Rule 16b-3 | 09/04/2024 |
6 | Acquisition by Andrew Paradise of 90576 shares of Skillz Platform subject to Rule 16b-3 | 09/10/2024 |
7 | Disposition of 916 shares by Casey Chafkin of Skillz Platform subject to Rule 16b-3 | 09/12/2024 |
8 | Skillz Inc. Lawsuit Update Investors who purchased Flying Eagle Acquisition Corp. shares should contact the Shareholders Foundation | 09/17/2024 |
| Begin Period Cash Flow | 362.5 M | |
| Free Cash Flow | -82.9 M |
Skillz |
Skillz Platform Relative Risk vs. Return Landscape
If you would invest 709.00 in Skillz Platform on June 25, 2024 and sell it today you would lose (135.00) from holding Skillz Platform or give up 19.04% of portfolio value over 90 days. Skillz Platform is currently does not generate positive expected returns and assumes 2.5267% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% 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 = -0.12
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SKLZ |
Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Skillz Platform is not performing at its full potential. However, 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 Skillz Platform 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 | -0.21 | ||||
| Return On Asset | -0.14 | ||||
| Profit Margin | (0.42) % | ||||
| Operating Margin | (0.81) % | ||||
| Current Valuation | (79.66 M) | ||||
| Shares Outstanding | 14 M | ||||
| Price To Book | 0.46 X | ||||
| Price To Sales | 0.85 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 | 12.33 X | ||||
| Cash Flow From Operations | (69.62 M) | ||||
| Earnings Per Share | (2.41) X | ||||
| Market Capitalization | 100.06 M | ||||
| Total Asset | 395.5 M | ||||
| Retained Earnings | (979.8 M) | ||||
| Working Capital | 274.83 M | ||||
About Skillz Platform Performance
Evaluating Skillz Platform's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Skillz Platform has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Skillz Platform has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. 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 generated a negative expected return 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. | |
| Skillz Platform has a frail financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from prnewswire.com: Skillz Inc. Lawsuit Update Investors who purchased Flying Eagle Acquisition Corp. shares should contact the Shareholders Foundation |
- 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.