Skillz Platform Stock Alpha and Beta Analysis
| SKLZ Stock | USD 5.29 0.25 4.96% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Skillz Platform. It also helps investors analyze the systematic and unsystematic risks associated with investing in Skillz Platform over a specified time horizon. Remember, high Skillz Platform's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Skillz Platform's market risk premium analysis include:
Beta 0.68 | Alpha (0.35) | Risk 2.86 | Sharpe Ratio (0.07) | Expected Return (0.21) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Skillz |
Skillz Platform Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Skillz Platform market risk premium is the additional return an investor will receive from holding Skillz Platform long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Skillz Platform. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Skillz Platform's performance over market.| α | -0.35 | β | 0.68 |
Skillz Platform expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Skillz Platform's Buy-and-hold return. Our buy-and-hold chart shows how Skillz Platform performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Skillz Platform Market Price Analysis
Market price analysis indicators help investors to evaluate how Skillz Platform stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skillz Platform shares will generate the highest return on investment. By understating and applying Skillz Platform stock market price indicators, traders can identify Skillz Platform position entry and exit signals to maximize returns.
Skillz Platform Return and Market Media
The median price of Skillz Platform for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 5.63 with a coefficient of variation of 5.4. The daily time series for the period is distributed with a sample standard deviation of 0.3, arithmetic mean of 5.61, and mean deviation of 0.22. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 3511 shares by Hoffman Henry M. of Skillz Platform subject to Rule 16b-3 | 09/04/2024 |
2 | Acquisition by Andrew Paradise of 90576 shares of Skillz Platform subject to Rule 16b-3 | 09/10/2024 |
3 | Disposition of 916 shares by Casey Chafkin of Skillz Platform subject to Rule 16b-3 | 09/12/2024 |
4 | Skillz Inc. Lawsuit Update Investors who purchased Flying Eagle Acquisition Corp. shares should contact the Shareholders Foundation | 09/17/2024 |
5 | Acquisition by Kent Wakeford of 64516 shares of Skillz Platform subject to Rule 16b-3 | 10/01/2024 |
6 | Insider Trading | 10/04/2024 |
7 | Q2 Earnings Highlights Electronic Arts Vs The Rest Of The Video Gaming Stocks | 10/10/2024 |
8 | Disposition of 18323 shares by Casey Chafkin of Skillz Platform subject to Rule 16b-3 | 10/18/2024 |
9 | Skillz to Report 2024 Third Quarter Results on November 7 and Host Conference Call and Webcast | 10/31/2024 |
10 | Skillz Q3 2024 Earnings Preview | 11/06/2024 |
11 | Skillz Inc Q3 Earnings Revenue Misses at 24.6M, GAAP EPS Loss of 1.20 | 11/07/2024 |
12 | Q3 2024 Skillz Inc Earnings Call Transcript | 11/08/2024 |
13 | Disposition of 3372 shares by Casey Chafkin of Skillz Platform subject to Rule 16b-3 | 11/13/2024 |
14 | Disposition of 9012 shares by Salvatore Lento of Skillz Platform subject to Rule 16b-3 | 11/14/2024 |
15 | Disposition of 2157 shares by Salvatore Lento of Skillz Platform at 5.016 subject to Rule 16b-3 | 11/15/2024 |
16 | Skillz controller Lento Salvatore Jr. sells 10,819 in shares | 11/19/2024 |
About Skillz Platform Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Skillz or other stocks. Alpha measures the amount that position in Skillz Platform has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 9.71 | 14.26 | 9.63 | PTB Ratio | 0.75 | 0.62 | 0.59 |
Skillz Platform Upcoming Company Events
As portrayed in its financial statements, the presentation of Skillz Platform's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Skillz Platform's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Skillz Platform's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Skillz Platform. Please utilize our Beneish M Score to check the likelihood of Skillz Platform's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Skillz Stock Analysis
When running Skillz Platform's price analysis, check to measure Skillz Platform'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 Skillz Platform is operating at the current time. Most of Skillz Platform's value examination focuses on studying past and present price action to predict the probability of Skillz Platform's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skillz Platform's price. Additionally, you may evaluate how the addition of Skillz Platform to your portfolios can decrease your overall portfolio volatility.