Skywest Stock Price on July 12, 2024
SKYW Stock | USD 99.92 1.34 1.32% |
Below is the normalized historical share price chart for SkyWest extending back to June 26, 1986. 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 SkyWest stands at 99.92, as last reported on the 30th of December, with the highest price reaching 102.87 and the lowest price hitting 99.92 during the day.
If you're considering investing in SkyWest Stock, it is important to understand the factors that can impact its price. SkyWest appears to be very steady, given 3 months investment horizon. SkyWest owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SkyWest, which you can use to evaluate the volatility of the company. Please review SkyWest's Semi Deviation of 1.54, coefficient of variation of 608.41, and Risk Adjusted Performance of 0.1372 to confirm if our risk estimates are consistent with your expectations.
At this time, SkyWest's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 51.4 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 491 M in 2024. . At this time, SkyWest's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to climb to 70.13 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (1.38). SkyWest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 84.0011 | 50 Day MA 105.5124 | Beta 1.937 |
SkyWest |
Sharpe Ratio = 0.1405
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Estimated Market Risk
2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average SkyWest is performing at about 11% 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 SkyWest by adding it to a well-diversified portfolio.
Price Book 1.7666 | Enterprise Value Ebitda 13.6764 | Price Sales 1.2244 | Shares Float 39.5 M | Wall Street Target Price 113.6 |
SkyWest Main Headline on 12th of July 2024
Acquisition by Atkin Jerry C of 71821 shares of SkyWest at 2... by Atkin Jerry C
Filed transaction by SkyWest Director. Grant, award or other acquisition pursuant to Rule 16b-3
SkyWest Valuation on July 12, 2024
It is possible to determine the worth of SkyWest on a given historical date. On July 12, 2024 SkyWest was worth 83.6 at the beginning of the trading date compared to the closed value of 83.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SkyWest stock. Still, in general, we apply an absolute valuation method to find SkyWest'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 SkyWest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SkyWest's related companies.
Open | High | Low | Close | Volume | |
83.19 | 83.78 | 80.03 | 83.60 | 429,580 | |
07/12/2024 | 83.60 | 84.14 | 82.36 | 83.43 | 251,173 |
84.26 | 86.46 | 83.89 | 84.39 | 382,339 |
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SkyWest Trading Date Momentum on July 12, 2024
On July 15 2024 SkyWest was traded for 84.39 at the closing time. The top price for the day was 86.46 and the lowest listed price was 83.89 . The trading volume for the day was 382.3 K. The trading history from July 15, 2024 was a factor to the next trading day price increase. The trading price change against the next closing price was 1.15% . The trading price change against the current closing price is 1.45% . |
SkyWest Fundamentals Correlations and Trends
By evaluating SkyWest'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 SkyWest's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SkyWest financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SkyWest Stock history
SkyWest 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 SkyWest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SkyWest 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 SkyWest stock prices may prove useful in developing a viable investing in SkyWest
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 44.6 M | 51.4 M | |
Net Income Applicable To Common Shares | 83.9 M | 107.6 M |
SkyWest Stock Technical Analysis
SkyWest 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
SkyWest Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
SkyWest 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.
SkyWest December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how SkyWest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SkyWest shares will generate the highest return on investment. By undertsting and applying SkyWest stock market strength indicators, traders can identify SkyWest entry and exit signals to maximize returns
SkyWest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SkyWest's price direction in advance. Along with the technical and fundamental analysis of SkyWest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SkyWest 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 | 0.1372 | |||
Jensen Alpha | 0.3163 | |||
Total Risk Alpha | 0.2722 | |||
Sortino Ratio | 0.1832 | |||
Treynor Ratio | 0.5454 |
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Additional Tools for SkyWest Stock Analysis
When running SkyWest's price analysis, check to measure SkyWest'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 SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.