Skywest Stock Price on December 19, 2024

SKYW Stock  USD 101.80  0.58  0.57%   
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 101.80, as last reported on the 20th of December, with the highest price reaching 103.15 and the lowest price hitting 100.41 during the day.
IPO Date
26th of March 1990
200 Day MA
83.1273
50 Day MA
104.495
Beta
1.937
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.17, which indicates the firm had a 0.17% 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 Risk Adjusted Performance of 0.1582, coefficient of variation of 522.22, and Semi Deviation of 1.46 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.

Sharpe Ratio = 0.1708

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 0.36
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average SkyWest 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 SkyWest by adding it to a well-diversified portfolio.
Price Book
1.7342
Enterprise Value Ebitda
13.5062
Price Sales
1.2379
Shares Float
39.5 M
Wall Street Target Price
113.6

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SkyWest Valuation on December 19, 2024

It is possible to determine the worth of SkyWest on a given historical date. On December 19, 2024 SkyWest was worth 101.07 at the beginning of the trading date compared to the closed value of 102.38. 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
  103.64    105.30    98.37    99.40    392,330  
12/19/2024
  101.07    102.99    100.31    102.38    419,219  
  100.51    103.15    100.41    101.80    1,687,417  
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Open Value
101.07
102.38
Closing Value
107.35
Upside

SkyWest Trading Date Momentum on December 19, 2024

On December 20 2024 SkyWest was traded for  101.80  at the closing time. The top price for the day was 103.15  and the lowest listed price was  100.41 . The trading volume for the day was 1.7 M. The trading history from December 20, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.57% . The trading price change against the current closing price is 1.83% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding44.6 M51.4 M
Net Income Applicable To Common Shares83.9 M107.6 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.
A focus of SkyWest technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SkyWest 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

SkyWest Period Price Range

Low
December 20, 2024
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SkyWest December 20, 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.

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.