Skechers Usa Stock Year To Date Return

SKX Stock  USD 61.69  0.68  1.11%   
Skechers USA fundamentals help investors to digest information that contributes to Skechers USA's financial success or failures. It also enables traders to predict the movement of Skechers Stock. The fundamental analysis module provides a way to measure Skechers USA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Skechers USA stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Skechers USA Company Year To Date Return Analysis

Skechers USA's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Year To Date Return | All Equity Analysis

Skechers Year To Date Return Driver Correlations

Understanding the fundamental principles of building solid financial models for Skechers USA is extremely important. It helps to project a fair market value of Skechers Stock properly, considering its historical fundamentals such as Year To Date Return. Since Skechers USA's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Skechers USA's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Skechers USA's interrelated accounts and indicators.
0.980.760.990.970.990.980.980.920.870.520.60.920.670.940.880.530.570.92-0.050.330.930.910.490.57-0.6
0.980.661.00.980.990.930.980.860.860.410.610.940.590.90.880.420.660.89-0.120.230.90.870.470.58-0.64
0.760.660.680.620.70.830.650.920.580.550.210.730.690.760.670.580.120.810.50.250.840.770.380.39-0.31
0.991.00.680.970.980.940.970.880.880.410.580.950.610.910.870.420.630.9-0.090.220.910.880.470.6-0.67
0.970.980.620.970.990.930.990.830.850.420.710.870.650.910.880.420.620.83-0.210.280.850.820.430.52-0.55
0.990.990.70.980.990.960.990.880.860.450.650.90.690.940.890.460.580.87-0.10.280.90.860.430.54-0.57
0.980.930.830.940.930.960.950.950.850.620.570.870.740.950.860.630.460.920.030.430.930.920.50.53-0.52
0.980.980.650.970.990.990.950.840.860.510.690.870.660.920.880.520.620.86-0.190.370.870.870.450.53-0.56
0.920.860.920.880.830.880.950.840.780.490.360.870.70.890.80.510.320.890.290.270.920.870.430.52-0.52
0.870.860.580.880.850.860.850.860.780.40.40.80.680.910.710.430.370.79-0.110.410.790.830.530.6-0.74
0.520.410.550.410.420.450.620.510.490.40.360.330.480.570.471.00.220.640.020.780.570.70.360.12-0.04
0.60.610.210.580.710.650.570.690.360.40.360.390.50.530.730.330.620.39-0.630.240.470.430.2-0.020.01
0.920.940.730.950.870.90.870.870.870.80.330.390.50.830.810.350.620.930.10.050.930.870.510.63-0.7
0.670.590.690.610.650.690.740.660.70.680.480.50.50.850.710.490.070.580.070.410.660.630.270.17-0.11
0.940.90.760.910.910.940.950.920.890.910.570.530.830.850.840.590.380.870.010.440.890.890.480.5-0.51
0.880.880.670.870.880.890.860.880.80.710.470.730.810.710.840.460.640.79-0.080.120.910.840.410.16-0.29
0.530.420.580.420.420.460.630.520.510.431.00.330.350.490.590.460.220.670.030.80.580.720.370.18-0.09
0.570.660.120.630.620.580.460.620.320.370.220.620.620.070.380.640.220.56-0.49-0.040.550.540.420.24-0.38
0.920.890.810.90.830.870.920.860.890.790.640.390.930.580.870.790.670.560.120.360.950.970.550.6-0.61
-0.05-0.120.5-0.09-0.21-0.10.03-0.190.29-0.110.02-0.630.10.070.01-0.080.03-0.490.12-0.230.160.07-0.130.00.08
0.330.230.250.220.280.280.430.370.270.410.780.240.050.410.440.120.8-0.040.36-0.230.210.410.310.3-0.14
0.930.90.840.910.850.90.930.870.920.790.570.470.930.660.890.910.580.550.950.160.210.960.490.4-0.5
0.910.870.770.880.820.860.920.870.870.830.70.430.870.630.890.840.720.540.970.070.410.960.50.46-0.57
0.490.470.380.470.430.430.50.450.430.530.360.20.510.270.480.410.370.420.55-0.130.310.490.50.35-0.41
0.570.580.390.60.520.540.530.530.520.60.12-0.020.630.170.50.160.180.240.60.00.30.40.460.35-0.85
-0.6-0.64-0.31-0.67-0.55-0.57-0.52-0.56-0.52-0.74-0.040.01-0.7-0.11-0.51-0.29-0.09-0.38-0.610.08-0.14-0.5-0.57-0.41-0.85
Click cells to compare fundamentals
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Competition

Skechers Return On Tangible Assets

Return On Tangible Assets

0.0821

At this time, Skechers USA's Return On Tangible Assets are fairly stable compared to the past year.
Based on the company's disclosures, Skechers USA has a Year To Date Return of 0.0%. This indicator is about the same for the Textiles, Apparel & Luxury Goods average (which is currently at 0.0) sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Skechers Year To Date Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skechers USA's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skechers USA could also be used in its relative valuation, which is a method of valuing Skechers USA by comparing valuation metrics of similar companies.
Skechers USA is currently under evaluation in year to date return category among its peers.

Skechers USA ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Skechers USA's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Skechers USA's managers, analysts, and investors.
Environmental
Governance
Social

Skechers Fundamentals

About Skechers USA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Skechers USA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skechers USA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skechers USA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.