Skechers Usa Stock Price on October 11, 2024
| SKX Stock | USD 61.69 0.68 1.11% |
Below is the normalized historical share price chart for Skechers USA extending back to June 09, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Skechers USA stands at 61.69, as last reported on the 25th of November, with the highest price reaching 62.40 and the lowest price hitting 61.21 during the day.
If you're considering investing in Skechers Stock, it is important to understand the factors that can impact its price. Skechers USA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0758, which indicates the firm had a -0.0758% return per unit of risk over the last 3 months. Skechers USA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Skechers USA's Variance of 5.2, coefficient of variation of (2,153), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
At this time, Skechers USA's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 7.9 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 152.8 M in 2024. . At this time, Skechers USA's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.39 in 2024, whereas Price To Sales Ratio is likely to drop 0.66 in 2024. Skechers Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of June 1999 | 200 Day MA 64.4086 | 50 Day MA 63.6106 | Beta 1.233 |
Skechers |
Sharpe Ratio = -0.0758
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| Negative Returns | SKX |
Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Skechers USA 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 Skechers USA by adding Skechers USA to a well-diversified portfolio.
Price Book 2.1366 | Enterprise Value Ebitda 9.2654 | Price Sales 1.0683 | Shares Float 130.4 M | Wall Street Target Price 82.0521 |
Skechers USA Valuation on October 11, 2024
It is possible to determine the worth of Skechers USA on a given historical date. On October 11, 2024 Skechers was worth 66.85 at the beginning of the trading date compared to the closed value of 67.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skechers USA stock. Still, in general, we apply an absolute valuation method to find Skechers USA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Skechers USA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skechers USA's related companies.
| Open | High | Low | Close | Volume | |
| 65.31 | 67.16 | 65.14 | 67.07 | 1,597,462 | |
10/11/2024 | 66.85 | 68.15 | 66.85 | 67.56 | 1,502,616 |
| 66.11 | 66.74 | 64.77 | 65.11 | 2,407,257 |
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Skechers USA Trading Date Momentum on October 11, 2024
| On October 14 2024 Skechers USA was traded for 65.11 at the closing time. Highest Skechers USA's price during the trading hours was 66.74 and the lowest price during the day was 64.77 . The net volume was 2.4 M. The overall trading history on the 14th of October 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 3.63% . The trading price change to current price is 7.00% . |
Skechers USA Fundamentals Correlations and Trends
By evaluating Skechers USA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Skechers USA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skechers financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Skechers USA Stock history
Skechers USA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Skechers is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skechers USA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Skechers USA stock prices may prove useful in developing a viable investing in Skechers USA
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 156.3 M | 152.8 M | |
| Net Income Applicable To Common Shares | 429 M | 450.4 M |
Skechers USA Quarterly Net Working Capital |
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Skechers USA Stock Technical Analysis
Skechers USA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Skechers USA Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Skechers USA cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Skechers USA November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Skechers USA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skechers USA shares will generate the highest return on investment. By undertsting and applying Skechers USA stock market strength indicators, traders can identify Skechers USA entry and exit signals to maximize returns
Skechers USA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Skechers USA's price direction in advance. Along with the technical and fundamental analysis of Skechers Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skechers to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.24) |
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Additional Tools for Skechers Stock Analysis
When running Skechers USA's price analysis, check to measure Skechers USA'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 Skechers USA is operating at the current time. Most of Skechers USA's value examination focuses on studying past and present price action to predict the probability of Skechers USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skechers USA's price. Additionally, you may evaluate how the addition of Skechers USA to your portfolios can decrease your overall portfolio volatility.