Skyx Platforms Corp Stock Price on December 31, 2023
| SKYX Stock | USD 1.05 0.05 5.00% |
If you're considering investing in SKYX Stock, it is important to understand the factors that can impact its price. As of today, the current price of SKYX Platforms stands at 1.05, as last reported on the 25th of November, with the highest price reaching 1.11 and the lowest price hitting 1.00 during the day. SKYX Platforms appears to be dangerous, given 3 months investment horizon. SKYX Platforms Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0552, which indicates the firm had a 0.0552% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SKYX Platforms Corp, which you can use to evaluate the volatility of the company. Please review SKYX Platforms' Coefficient Of Variation of 2309.93, semi deviation of 3.65, and Risk Adjusted Performance of 0.0419 to confirm if our risk estimates are consistent with your expectations.
At this time, SKYX Platforms' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 80.2 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 61.1 M in 2024. . At this time, SKYX Platforms' Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to rise to 9.14 in 2024, whereas Price To Sales Ratio is likely to drop 2.28 in 2024. SKYX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SKYX |
Sharpe Ratio = 0.0552
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Estimated Market Risk
| 6.01 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average SKYX Platforms is performing at about 4% 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 SKYX Platforms by adding it to a well-diversified portfolio.
Price Book 26.7309 | Enterprise Value Ebitda (13.02) | Price Sales 1.2092 | Shares Float 60.8 M | Wall Street Target Price 3.56 |
SKYX Platforms Valuation on December 31, 2023
It is possible to determine the worth of SKYX Platforms on a given historical date. On December 31, 2023 SKYX was worth 1.68 at the beginning of the trading date compared to the closed value of 1.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SKYX Platforms stock. Still, in general, we apply an absolute valuation method to find SKYX Platforms' 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 SKYX Platforms where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SKYX Platforms' related companies.
| Open | High | Low | Close | Volume | |
| 1.67 | 1.70 | 1.64 | 1.70 | 117,100 | |
12/29/2023 | 1.68 | 1.68 | 1.59 | 1.60 | 902,000 |
| 1.62 | 1.69 | 1.57 | 1.66 | 128,000 |
| Backtest SKYX Platforms | | | SKYX Platforms History | | | SKYX Platforms Valuation | Previous | Next |
SKYX Platforms Trading Date Momentum on December 31, 2023
| On January 02 2024 SKYX Platforms Corp was traded for 1.66 at the closing time. The top price for the day was 1.69 and the lowest listed price was 1.57 . The trading volume for the day was 128 K. The trading history from January 2, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 3.75% . The trading price change against the current closing price is 8.12% . |
SKYX Platforms Corp Fundamentals Correlations and Trends
By evaluating SKYX Platforms' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SKYX Platforms' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SKYX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SKYX Platforms Stock history
SKYX Platforms 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 SKYX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SKYX Platforms Corp 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 SKYX Platforms stock prices may prove useful in developing a viable investing in SKYX Platforms
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 88.4 M | 61.1 M | |
| Net Loss | -36.6 M | -38.4 M |
SKYX Platforms Stock Technical Analysis
SKYX Platforms 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
SKYX Platforms Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
SKYX Platforms Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
SKYX Platforms November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how SKYX Platforms stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SKYX Platforms shares will generate the highest return on investment. By undertsting and applying SKYX Platforms stock market strength indicators, traders can identify SKYX Platforms Corp entry and exit signals to maximize returns
SKYX Platforms Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SKYX Platforms' price direction in advance. Along with the technical and fundamental analysis of SKYX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SKYX 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 | 0.0419 | |||
| Jensen Alpha | 0.1418 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | 0.0308 | |||
| Treynor Ratio | 0.2836 |
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Additional Tools for SKYX Stock Analysis
When running SKYX Platforms' price analysis, check to measure SKYX Platforms' 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 SKYX Platforms is operating at the current time. Most of SKYX Platforms' value examination focuses on studying past and present price action to predict the probability of SKYX Platforms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKYX Platforms' price. Additionally, you may evaluate how the addition of SKYX Platforms to your portfolios can decrease your overall portfolio volatility.