Skyx Platforms Corp Stock Price Prediction

SKYX Stock  USD 0.98  0.01  0.64%   
The relative strength index (RSI) of SKYX Platforms' the stock price is slightly above 62. This usually implies that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling SKYX, making its price go up or down.

Oversold Vs Overbought

62

 
Oversold
 
Overbought
The successful prediction of SKYX Platforms' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with SKYX Platforms Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting SKYX Platforms' stock price prediction:
EPS Estimate Next Quarter
(0.07)
EPS Estimate Current Year
(0.33)
EPS Estimate Next Year
(0.17)
Wall Street Target Price
3.56
EPS Estimate Current Quarter
(0.09)
Using SKYX Platforms hype-based prediction, you can estimate the value of SKYX Platforms Corp from the perspective of SKYX Platforms response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in SKYX Platforms to buy its stock at a price that has no basis in reality. In that case, they are not buying SKYX because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

SKYX Platforms after-hype prediction price

    
  USD 0.99  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out SKYX Platforms Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SKYX Platforms' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
0.101.968.03
Details
Naive
Forecast
LowNextHigh
0.020.926.98
Details
5 Analysts
Consensus
LowTargetHigh
4.555.005.55
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.08-0.08-0.08
Details

SKYX Platforms After-Hype Price Prediction Density Analysis

As far as predicting the price of SKYX Platforms at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in SKYX Platforms or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of SKYX Platforms, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

SKYX Platforms Estimiated After-Hype Price Volatility

In the context of predicting SKYX Platforms' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on SKYX Platforms' historical news coverage. SKYX Platforms' after-hype downside and upside margins for the prediction period are 0.05 and 7.06, respectively. We have considered SKYX Platforms' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.98
0.99
After-hype Price
7.06
Upside
SKYX Platforms is dangerous at this time. Analysis and calculation of next after-hype price of SKYX Platforms Corp is based on 3 months time horizon.

SKYX Platforms Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as SKYX Platforms is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SKYX Platforms backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with SKYX Platforms, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.26 
6.07
  0.01 
  0.02 
7 Events / Month
7 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.98
0.99
1.41 
12,140  
Notes

SKYX Platforms Hype Timeline

SKYX Platforms Corp is at this time traded for 0.98. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.02. SKYX is anticipated to increase in value after the next headline, with the price projected to jump to 0.99 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 1.41%, whereas the daily expected return is at this time at 0.26%. The volatility of related hype on SKYX Platforms is about 6977.01%, with the expected price after the next announcement by competition of 1.00. 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). Given the investment horizon of 90 days the next anticipated press release will be in about 7 days.
Check out SKYX Platforms Basic Forecasting Models to cross-verify your projections.

SKYX Platforms Related Hype Analysis

Having access to credible news sources related to SKYX Platforms' direct competition is more important than ever and may enhance your ability to predict SKYX Platforms' future price movements. Getting to know how SKYX Platforms' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how SKYX Platforms may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
ESPEspey Mfg Electronics 0.19 10 per month 1.92  0.12  4.89 (3.29) 26.01 
NEOVWNeoVolta Warrant 0.00 0 per month 6.48  0.16  22.81 (14.74) 75.07 
KEKimball Electronics 0.22 8 per month 1.76  0  3.85 (3.18) 11.84 
HAYWHayward Holdings(0.24)10 per month 1.28  0.04  4.12 (2.23) 8.61 
ADSEAds Tec Energy 0.12 8 per month 3.22  0.01  6.43 (4.50) 16.73 
HOLIHollysys Automation Technologies(0.62)7 per month 1.72  0.02  2.60 (3.35) 19.49 
ENREnergizer Holdings 0.03 12 per month 1.03  0.18  2.86 (1.29) 12.72 
NEOVNeoVolta Common Stock(0.01)7 per month 4.63  0.16  11.11 (7.32) 21.90 
AEISAdvanced Energy Industries 1.20 9 per month 1.91 (0.01) 3.85 (2.92) 9.74 
NVXNovonix Ltd ADR(0.02)8 per month 3.75  0.05  12.07 (6.31) 27.51 

SKYX Platforms Additional Predictive Modules

Most predictive techniques to examine SKYX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SKYX using various technical indicators. When you analyze SKYX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About SKYX Platforms Predictive Indicators

The successful prediction of SKYX Platforms stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as SKYX Platforms Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of SKYX Platforms based on analysis of SKYX Platforms hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to SKYX Platforms's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to SKYX Platforms's related companies.
 2021 2023 2024 (projected)
Dividend Yield1.68E-41.71E-41.4E-4
Price To Sales Ratio17.9K2.42.28

Story Coverage note for SKYX Platforms

The number of cover stories for SKYX Platforms depends on current market conditions and SKYX Platforms' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that SKYX Platforms is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about SKYX Platforms' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

SKYX Platforms Short Properties

SKYX Platforms' future price predictability will typically decrease when SKYX Platforms' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of SKYX Platforms Corp often depends not only on the future outlook of the potential SKYX Platforms' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SKYX Platforms' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding88.4 M
Cash And Short Term Investments16.8 M

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.