Skywater Technology Stock Price on September 26, 2024
| SKYT Stock | USD 16.22 3.14 24.01% |
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 16.22, as last reported on the 18th of December 2024, with the highest price reaching 16.22 and the lowest price hitting 13.08 during the day. Skywater Technology appears to be somewhat reliable, given 3 months investment horizon. Skywater Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Skywater Technology's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please review Skywater Technology's Semi Deviation of 3.24, coefficient of variation of 796.16, and Risk Adjusted Performance of 0.0996 to confirm if our risk estimates are consistent with your expectations.
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.
Skywater |
Sharpe Ratio = 0.1256
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Estimated Market Risk
| 5.31 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Skywater Technology is performing at about 9% 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 8.6209 | Enterprise Value Ebitda 28.8105 | Price Sales 1.3996 | Shares Float 22.6 M | Wall Street Target Price 11.875 |
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Skywater Technology Valuation on September 26, 2024
It is possible to determine the worth of Skywater Technology on a given historical date. On September 26, 2024 Skywater was worth 8.94 at the beginning of the trading date compared to the closed value of 9.05. 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 | |
| 8.92 | 9.00 | 8.58 | 8.62 | 160,017 | |
09/26/2024 | 8.94 | 9.20 | 8.61 | 9.05 | 151,506 |
| 9.14 | 9.19 | 8.92 | 9.04 | 166,973 |
| Backtest Skywater Technology | | | Skywater Technology History | | | Skywater Technology Valuation | Previous | Next |
Skywater Technology Trading Date Momentum on September 26, 2024
| On September 27 2024 Skywater Technology was traded for 9.04 at the closing time. The top price for the day was 9.19 and the lowest listed price was 8.92 . The trading volume for the day was 167 K. The trading history from September 27, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.11% . The trading price change against the current closing price is 6.63% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 45.5 M | 44.9 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.
Price Boundaries
Skywater Technology Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Skywater Technology cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Skywater Technology December 18, 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.
| Risk Adjusted Performance | 0.0996 | |||
| Jensen Alpha | 0.6194 | |||
| Total Risk Alpha | 0.2294 | |||
| Sortino Ratio | 0.1566 | |||
| Treynor Ratio | 1.51 |
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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.