SKYX Platforms is engaged in the business of developing proprietary technology that enables installation of electronics, such as light fixtures and ceiling fans, into ceiling and wall electrical junction boxes by the use of a weight-bearing power plug. Co.'s patented technology consists of a fixable socket and a revolving plug for conducting electric power and supporting an electrical appliance attached to a wall or ceiling referred to as the SQL Technology. Co.'s SQL Technology is comprised of two parts: a female socket receptacle that is secured to existing electrical junction boxes; and a male plug fitting that is preinstalled on the lighting fixture or fan. The SKYX average annual return since 2022 is shown above.
The Average Annual Return on the SKYX average annual return since 2022 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether SKYX average annual return since 2022 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SKYX average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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