Skyward Competitors
| SKWD Stock | 44.06 0.26 0.59% |
Skyward Specialty vs Stock Yards Correlation
Good diversification
The correlation between Skyward Specialty Insurance and SYBT is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Skyward Specialty Insurance and SYBT in the same portfolio, assuming nothing else is changed.
Moving together with Skyward Stock
Moving against Skyward Stock
The current year's Return On Tangible Assets is expected to grow to 0.03. The current year's Return On Capital Employed is expected to grow to 0.04. At present, Skyward Specialty's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 192.7 M, whereas Net Tangible Assets are forecasted to decline to about 285.1 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Skyward Specialty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Skyward Specialty Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Skyward Specialty and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Skyward and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Skyward Specialty does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Skyward Stock performing well and Skyward Specialty Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Skyward Specialty's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HMN | 0.99 | (0.06) | 0.00 | (0.10) | 0.00 | 2.18 | 6.64 | |||
| STC | 1.26 | (0.06) | (0.04) | 0.00 | 1.57 | 2.83 | 8.73 | |||
| SLDE | 1.71 | 0.12 | 0.04 | 1.70 | 1.87 | 4.24 | 14.08 | |||
| AHL | 0.09 | 0.02 | (0.27) | (1.18) | 0.00 | 0.22 | 0.76 | |||
| NIC | 1.37 | 0.33 | 0.23 | 0.35 | 1.06 | 3.09 | 13.07 | |||
| NWBI | 1.13 | 0.18 | 0.13 | 0.42 | 1.02 | 3.66 | 7.37 | |||
| PACS | 4.55 | 2.00 | 0.55 | 14.67 | 2.41 | 8.95 | 63.26 | |||
| CHCO | 0.88 | 0.07 | 0.05 | 0.16 | 1.02 | 1.91 | 6.66 | |||
| TY | 0.54 | (0.08) | 0.00 | (0.08) | 0.00 | 1.04 | 7.86 | |||
| SYBT | 1.17 | 0.03 | 0.03 | 0.08 | 1.42 | 3.29 | 9.60 |
Cross Equities Net Income Analysis
Compare Skyward Specialty and related stocks such as Horace Mann Educators, Stewart Information, and Slide Insurance Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HMN | 2.1 M | 70.5 M | 103.9 M | 110.9 M | 104.2 M | 93.5 M | 83.8 M | 169.4 M | 18.3 M | 184.4 M | 133.3 M | 170.4 M | 19.8 M | 45 M | 102.8 M | 118.2 M | 78.7 M |
| STC | 4.4 M | 2.3 M | 109.2 M | 63 M | 29.8 M | (6.2 M) | 55.5 M | 48.7 M | 47.5 M | 78.6 M | 154.9 M | 323.2 M | 162.3 M | 30.4 M | 73.3 M | 139.6 M | 146.6 M |
| SLDE | 22.3 M | 22.3 M | 22.3 M | 22.3 M | 22.3 M | 22.3 M | 22.3 M | 22.3 M | 22.3 M | 22.3 M | 22.3 M | 22.3 M | 22.3 M | 87.4 M | 201.1 M | 231.3 M | 242.9 M |
| AHL | 28.6 M | (110 M) | 280.6 M | 329.8 M | 355 M | 322.3 M | 203.3 M | (267.7 M) | (146.8 M) | (238.3 M) | (56.4 M) | 29.8 M | 51.1 M | 534.7 M | 486.1 M | 437.5 M | 459.4 M |
| NIC | 1.1 M | 1.5 M | 3 M | 16.1 M | 9.9 M | 11.4 M | 18.5 M | 33.1 M | 41 M | 54.6 M | 60.1 M | 60.7 M | 94.3 M | 61.5 M | 124.1 M | 150.7 M | 158.2 M |
| NWBI | 16.3 M | 64.2 M | 63.4 M | 66.6 M | 62 M | 60.5 M | 49.7 M | 94.5 M | 105.5 M | 110.4 M | 74.9 M | 154.3 M | 133.7 M | 135 M | 100.3 M | 126 M | 68.9 M |
| PACS | 47.9 M | 47.9 M | 47.9 M | 47.9 M | 47.9 M | 47.9 M | 47.9 M | 47.9 M | 47.9 M | 47.9 M | 47.9 M | 47.9 M | 150.5 M | 112.9 M | 55.8 M | 50.2 M | 67.7 M |
| CHCO | 2.4 M | 40.7 M | 38.9 M | 48.2 M | 53 M | 54.1 M | 52.1 M | 54.3 M | 70 M | 89.4 M | 89.6 M | 88.1 M | 102.1 M | 114.4 M | 117.1 M | 130.5 M | 137 M |
| TY | 1.4 B | 162.7 M | 413.9 M | 311.5 M | 144.2 M | (34.1 M) | 185.4 M | 281 M | (73.5 M) | 341.3 M | 198 M | 435.7 M | (292.2 M) | 253.1 M | 320.7 M | 288.7 M | 219 M |
| SYBT | 1.9 M | 23.6 M | 25.8 M | 27.2 M | 34.8 M | 37.2 M | 41 M | 38 M | 55.5 M | 66.1 M | 58.9 M | 74.6 M | 93 M | 107.7 M | 114.5 M | 140.2 M | 147.2 M |
Skyward Specialty and related stocks such as Horace Mann Educators, Stewart Information, and Slide Insurance Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Skyward Specialty financial statement analysis. It represents the amount of money remaining after all of Skyward Specialty Insurance operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Skyward Specialty Competitive Analysis
The better you understand Skyward Specialty competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Skyward Specialty's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Skyward Specialty's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Skyward Specialty Competition Performance Charts
Five steps to successful analysis of Skyward Specialty Competition
Skyward Specialty's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Skyward Specialty in relation to its competition. Skyward Specialty's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Skyward Specialty in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Skyward Specialty's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Skyward Specialty, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Will Property & Casualty Insurance sector continue expanding? Could Skyward diversify its offerings? Factors like these will boost the valuation of Skyward Specialty. If investors know Skyward will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Skyward Specialty data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.236 | Earnings Share 3.34 | Revenue Per Share | Quarterly Revenue Growth 0.271 | Return On Assets |
Investors evaluate Skyward Specialty using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Skyward Specialty's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Skyward Specialty's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Skyward Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyward Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Skyward Specialty's market price signifies the transaction level at which participants voluntarily complete trades.