Skechers Usa Stock Price on December 20, 2024

SKX Stock  USD 67.73  0.47  0.70%   
Below is the normalized historical share price chart for Skechers USA extending back to June 09, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Skechers USA stands at 67.73, as last reported on the 25th of December, with the highest price reaching 67.78 and the lowest price hitting 66.77 during the day.
IPO Date
9th of June 1999
200 Day MA
65.1458
50 Day MA
64.257
Beta
1.233
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Skechers Stock, it is important to understand the factors that can impact its price. Skechers USA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.013, which indicates the firm had a -0.013% return per unit of risk over the last 3 months. Skechers USA exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Skechers USA's Semi Deviation of 1.75, coefficient of variation of 1751.41, and Risk Adjusted Performance of 0.0519 to confirm the risk estimate we provide.
  
At this time, Skechers USA's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 7.9 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 152.8 M in 2024. . At this time, Skechers USA's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.39 in 2024, whereas Price To Sales Ratio is likely to drop 0.66 in 2024. Skechers Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.013

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Estimated Market Risk

 2.01
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Skechers USA is not performing at its full potential. However, 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 Skechers USA by adding Skechers USA to a well-diversified portfolio.
Price Book
2.3295
Enterprise Value Ebitda
10.0493
Price Sales
1.1648
Shares Float
130.4 M
Wall Street Target Price
81.9153

Skechers USA Main Headline on 20th of December 2024

AKROPOLIS Klaipda 1 AKROPOLIS Klaipda 1 AKROPOLIS Klaipda 2 AKROPOLIS Klaipda 2 AKROPOLIS Klaipda 3 AKROPOLIS Klaipda 3 Renovation of common spaces in Akropolis Klaipda, the largest shopping and entertainment centre in Western Lithuania, has been completed. The interior design upgrade and modernization project allowed renovating over 11,000 square metres of common spaces. The renovation of the shopping and entertainment centre required an investment of almost EUR 8 million. It is symboli

Skechers USA Valuation on December 20, 2024

It is possible to determine the worth of Skechers USA on a given historical date. On December 20, 2024 Skechers was worth 65.7 at the beginning of the trading date compared to the closed value of 67.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skechers USA stock. Still, in general, we apply an absolute valuation method to find Skechers USA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Skechers USA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skechers USA's related companies.
 Open High Low Close Volume
  66.61    66.93    65.58    66.29    1,521,883  
12/20/2024
  65.70    68.25    65.54    67.65    7,879,442  
  67.06    68.60    66.72    67.26    1,063,880  
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Open Value
65.7
67.65
Closing Value
71.72
Upside

Skechers USA Trading Date Momentum on December 20, 2024

On December 23 2024 Skechers USA was traded for  67.26  at the closing time. Highest Skechers USA's price during the trading hours was 68.60  and the lowest price during the day was  66.72 . The net volume was 1.1 M. The overall trading history on the 23rd of December contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.58% . The trading price change to current price is 0.28% .

Skechers USA Fundamentals Correlations and Trends

By evaluating Skechers USA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Skechers USA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skechers financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Skechers USA Stock history

Skechers USA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Skechers is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skechers USA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Skechers USA stock prices may prove useful in developing a viable investing in Skechers USA
Last ReportedProjected for Next Year
Common Stock Shares Outstanding156.3 M152.8 M
Net Income Applicable To Common Shares429 M450.4 M

Skechers USA Quarterly Net Working Capital

2.3 Billion

Skechers USA Stock Technical Analysis

Skechers USA 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.
A focus of Skechers USA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Skechers USA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Skechers USA Period Price Range

Low
December 25, 2024
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High

 0.00 

     

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Skechers USA December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Skechers USA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skechers USA shares will generate the highest return on investment. By undertsting and applying Skechers USA stock market strength indicators, traders can identify Skechers USA entry and exit signals to maximize returns

Skechers USA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Skechers USA's price direction in advance. Along with the technical and fundamental analysis of Skechers Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skechers to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.