Skywater Technology Stock Price on June 23, 2023

SKYT Stock  USD 16.06  0.00  0.00%   
If you're considering investing in Skywater Stock, it is important to understand the factors that can impact its price. As of today, the current price of Skywater Technology stands at 16.06, as last reported on the 26th of December, with the highest price reaching 16.20 and the lowest price hitting 14.37 during the day. Skywater Technology is slightly risky given 3 months investment horizon. Skywater Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-six different technical indicators, which can help you to evaluate if expected returns of 1.12% are justified by taking the suggested risk. Use Skywater Technology Coefficient Of Variation of 674.35, semi deviation of 4.72, and Risk Adjusted Performance of 0.1274 to evaluate company specific risk that cannot be diversified away.
  
At this time, Skywater Technology's Stock Based Compensation is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 42.6 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 373.6 K in 2024. . At this time, Skywater Technology's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.61 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 25.41 in 2024. Skywater Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1654

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Estimated Market Risk

 6.76
  actual daily
60
60% of assets are less volatile

Expected Return

 1.12
  actual daily
22
78% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Skywater Technology is performing at about 13% of its full potential. 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 Skywater Technology by adding it to a well-diversified portfolio.
Price Book
12.5241
Enterprise Value Ebitda
40.6428
Price Sales
2.0333
Shares Float
22.6 M
Wall Street Target Price
11.875

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Skywater Technology Valuation on June 23, 2023

It is possible to determine the worth of Skywater Technology on a given historical date. On June 23, 2023 Skywater was worth 8.37 at the beginning of the trading date compared to the closed value of 8.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skywater Technology stock. Still, in general, we apply an absolute valuation method to find Skywater Technology'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 Skywater Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skywater Technology's related companies.
 Open High Low Close Volume
  8.76    8.77    8.41    8.49    263,227  
06/23/2023
  8.37    8.43    8.09    8.26    1,008,640  
  8.26    8.41    8.06    8.08    238,112  
Backtest Skywater Technology  |  Skywater Technology History  |  Skywater Technology Valuation PreviousNext  
Open Value
8.37
8.26
Closing Value
28.65
Upside

Skywater Technology Trading Date Momentum on June 23, 2023

On June 26 2023 Skywater Technology was traded for  8.08  at the closing time. The top price for the day was 8.41  and the lowest listed price was  8.06 . The trading volume for the day was 238.1 K. The trading history from June 26, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.18% . The trading price change against the current closing price is 13.68% .
JavaScript chart by amCharts 3.21.1506/23/2023Jun 13Jun 16Jun 19Jun 22Jun 25Jun 28Jul8.08.59.09.5

Skywater Technology Fundamentals Correlations and Trends

By evaluating Skywater Technology'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 Skywater Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skywater financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Skywater Technology Stock history

Skywater Technology 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 Skywater is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skywater Technology 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 Skywater Technology stock prices may prove useful in developing a viable investing in Skywater Technology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding45.5 M44.9 M
Net Loss-35.6 M-37.4 M

Skywater Technology Stock Technical Analysis

Skywater Technology 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 Skywater Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Skywater Technology 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

Skywater Technology Period Price Range

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Skywater Technology December 26, 2024 Market Strength

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

Skywater Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Skywater Technology's price direction in advance. Along with the technical and fundamental analysis of Skywater Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skywater 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 Skywater Stock Analysis

When running Skywater Technology's price analysis, check to measure Skywater Technology'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 Skywater Technology is operating at the current time. Most of Skywater Technology's value examination focuses on studying past and present price action to predict the probability of Skywater Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skywater Technology's price. Additionally, you may evaluate how the addition of Skywater Technology to your portfolios can decrease your overall portfolio volatility.