Skyx Platforms Corp Stock Performance
| SKYX Stock | USD 0.98 0.01 1.03% |
On a scale of 0 to 100, SKYX Platforms holds a performance score of 3. The entity has a beta of 0.92, which indicates possible diversification benefits within a given portfolio. SKYX Platforms returns are very sensitive to returns on the market. As the market goes up or down, SKYX Platforms is expected to follow. Please check SKYX Platforms' downside variance, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to make a quick decision on whether SKYX Platforms' existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SKYX Platforms Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, SKYX Platforms showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Acquisition by Sokolow Leonard J of 17500 shares of SKYX Platforms subject to Rule 16b-3 | 09/04/2024 |
2 | Acquisition by Ridge Thomas J of 5000 shares of SKYX Platforms subject to Rule 16b-3 | 09/10/2024 |
3 | Disposition of 18000 shares by Sokolow Leonard J of SKYX Platforms subject to Rule 16b-3 | 09/12/2024 |
4 | Backyard Barometers To Blockchain And AI The SkyX Weather Revolution | 10/01/2024 |
5 | Acquisition by Shiff Dov of 10824 shares of SKYX Platforms at 4.77 subject to Rule 16b-3 | 10/03/2024 |
6 | Acquisition by Sokolow Leonard J of 10000 shares of SKYX Platforms subject to Rule 16b-3 | 10/04/2024 |
7 | SKYX Secures 11 Million Strategic Investment at 2.00 Per Share, Preferred Stock Convertible, Led by Global Marriott Hotel-Chain Developer, Lance Shaner, Owner o... | 10/07/2024 |
8 | Acquisition by Shiff Dov of 5000 shares of SKYX Platforms subject to Rule 16b-3 | 10/11/2024 |
9 | SKYX Announces a Collaboration with Wayfair for its Advanced and Smart Plug Play Lighting for Retail and Professional Segments including Designers and Architect... | 10/16/2024 |
10 | Company to Provide Corporate Updates Including New Developments and Third Quarter 2024 Financial Results Conference Call to be Held on Tuesday November 12, 2024... | 11/08/2024 |
11 | SKYX Platforms Corp Reports Q3 2024 Revenue of 22.2M, EPS of -0.08, Misses Revenue Estimates | 11/12/2024 |
12 | Retail investors invested in SKYX Platforms Corp. copped the brunt of last weeks US18m market cap decline | 11/15/2024 |
13 | SKYX to Participate in the 13th Annual ROTH Technology Conference in New York City November ... | 11/18/2024 |
| Begin Period Cash Flow | 9.5 M |
SKYX |
SKYX Platforms Relative Risk vs. Return Landscape
If you would invest 92.00 in SKYX Platforms Corp on August 24, 2024 and sell it today you would earn a total of 6.00 from holding SKYX Platforms Corp or generate 6.52% return on investment over 90 days. SKYX Platforms Corp is currently generating 0.2663% in daily expected returns and assumes 6.0175% risk (volatility on return distribution) over the 90 days horizon. In different words, 53% of stocks are less volatile than SKYX, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SKYX Platforms Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SKYX Platforms' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SKYX Platforms Corp, and traders can use it to determine the average amount a SKYX Platforms' 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 = 0.0443
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Estimated Market Risk
| 6.02 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average SKYX Platforms is performing at about 3% 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.
SKYX Platforms Fundamentals Growth
SKYX Stock prices reflect investors' perceptions of the future prospects and financial health of SKYX Platforms, and SKYX Platforms 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 SKYX Stock performance.
| Return On Equity | -3.65 | |||
| Return On Asset | -0.3 | |||
| Profit Margin | (0.45) % | |||
| Operating Margin | (0.34) % | |||
| Current Valuation | 129.18 M | |||
| Shares Outstanding | 102.5 M | |||
| Price To Book | 26.09 X | |||
| Price To Sales | 1.18 X | |||
| Revenue | 58.79 M | |||
| Gross Profit | (106.18 K) | |||
| EBITDA | (36.81 M) | |||
| Net Income | (39.73 M) | |||
| Cash And Equivalents | 24.68 M | |||
| Cash Per Share | 0.30 X | |||
| Total Debt | 37.84 M | |||
| Debt To Equity | 0.55 % | |||
| Current Ratio | 5.19 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (13 M) | |||
| Earnings Per Share | (0.39) X | |||
| Market Capitalization | 100.06 M | |||
| Total Asset | 76.34 M | |||
| Retained Earnings | (145.8 M) | |||
| Working Capital | 8.91 M | |||
About SKYX Platforms Performance
Evaluating SKYX Platforms' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if SKYX Platforms 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 SKYX Platforms 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 | ||
| Days Of Inventory On Hand | 30.68 | 29.15 | |
| Return On Tangible Assets | (0.76) | (0.80) | |
| Return On Capital Employed | (0.73) | (0.76) | |
| Return On Assets | (0.52) | (0.55) | |
| Return On Equity | (2.45) | (2.33) |
Things to note about SKYX Platforms Corp performance evaluation
Checking the ongoing alerts about SKYX Platforms for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SKYX Platforms Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SKYX Platforms Corp had very high historical volatility over the last 90 days | |
| SKYX Platforms Corp has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 58.79 M. Net Loss for the year was (39.73 M) with loss before overhead, payroll, taxes, and interest of (106.18 K). | |
| SKYX Platforms Corp currently holds about 24.68 M in cash with (13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.3. | |
| Roughly 40.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: SKYX to Participate in the 13th Annual ROTH Technology Conference in New York City November ... |
- Analyzing SKYX Platforms' 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 SKYX Platforms' stock is overvalued or undervalued compared to its peers.
- Examining SKYX Platforms' 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 SKYX Platforms' management team can have a significant impact on its success or failure. Reviewing the track record and experience of SKYX Platforms' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SKYX Platforms' stock. These opinions can provide insight into SKYX Platforms' potential for growth and whether the stock is currently undervalued or overvalued.
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.