Skyx Platforms Corp Stock Technical Analysis
| SKYX Stock | USD 1.00 0.02 2.04% |
As of the 25th of November, SKYX Platforms has the Semi Deviation of 3.65, coefficient of variation of 2309.93, and Risk Adjusted Performance of 0.0419. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of SKYX Platforms Corp, as well as the relationship between them.
SKYX Platforms Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SKYX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SKYXSKYX |
SKYX Platforms Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 5.0 | Strong Buy | 5 | Odds |
Most SKYX analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SKYX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SKYX Platforms Corp, talking to its executives and customers, or listening to SKYX conference calls.
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.
SKYX Platforms Corp Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SKYX Platforms Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SKYX Platforms Corp Trend Analysis
Use this graph to draw trend lines for SKYX Platforms Corp. You can use it to identify possible trend reversals for SKYX Platforms as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SKYX Platforms price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SKYX Platforms Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SKYX Platforms Corp applied against its price change over selected period. The best fit line has a slop of 0.01 , which means SKYX Platforms Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.11, which is the sum of squared deviations for the predicted SKYX Platforms price change compared to its average price change.About SKYX Platforms Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SKYX Platforms Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SKYX Platforms Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SKYX Platforms Corp price pattern first instead of the macroeconomic environment surrounding SKYX Platforms Corp. By analyzing SKYX Platforms's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SKYX Platforms's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SKYX Platforms specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 1.68E-4 | 1.71E-4 | 1.4E-4 | Price To Sales Ratio | 17.9K | 2.4 | 2.28 |
SKYX Platforms November 25, 2024 Technical Indicators
Most technical analysis of SKYX help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SKYX from various momentum indicators to cycle indicators. When you analyze SKYX charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0419 | |||
| Market Risk Adjusted Performance | 0.2936 | |||
| Mean Deviation | 4.12 | |||
| Semi Deviation | 3.65 | |||
| Downside Deviation | 4.09 | |||
| Coefficient Of Variation | 2309.93 | |||
| Standard Deviation | 5.94 | |||
| Variance | 35.23 | |||
| Information Ratio | 0.0213 | |||
| Jensen Alpha | 0.1418 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | 0.0308 | |||
| Treynor Ratio | 0.2836 | |||
| Maximum Drawdown | 30.28 | |||
| Value At Risk | (5.81) | |||
| Potential Upside | 13.58 | |||
| Downside Variance | 16.74 | |||
| Semi Variance | 13.29 | |||
| Expected Short fall | (6.18) | |||
| Skewness | 1.71 | |||
| Kurtosis | 3.32 |
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.