Skywest Stock Alpha and Beta Analysis
| SKYW Stock | USD 113.96 1.15 1.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SkyWest. It also helps investors analyze the systematic and unsystematic risks associated with investing in SkyWest over a specified time horizon. Remember, high SkyWest's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to SkyWest's market risk premium analysis include:
Beta 1.85 | Alpha 0.42 | Risk 1.92 | Sharpe Ratio 0.32 | Expected Return 0.62 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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SkyWest Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SkyWest market risk premium is the additional return an investor will receive from holding SkyWest long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SkyWest. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate SkyWest's performance over market.| α | 0.42 | β | 1.85 |
SkyWest expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of SkyWest's Buy-and-hold return. Our buy-and-hold chart shows how SkyWest performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SkyWest Market Price Analysis
Market price analysis 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 understating and applying SkyWest stock market price indicators, traders can identify SkyWest position entry and exit signals to maximize returns.
SkyWest Return and Market Media
The median price of SkyWest for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 92.6 with a coefficient of variation of 14.6. The daily time series for the period is distributed with a sample standard deviation of 13.46, arithmetic mean of 92.16, and mean deviation of 11.48. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | SkyWest Inc Shares Up 3.49 percent on Oct 16 | 10/16/2024 |
2 | SkyWest Beats Q3 Earnings and Revenue Estimates | 10/31/2024 |
3 | Disposition of 1818 shares by Wade Steel of SkyWest subject to Rule 16b-3 | 11/06/2024 |
4 | Heres Why You Should Retain Union Pacific Stock for Now | 11/07/2024 |
5 | GE Aerospace Partners With UAMCO for CFM LEAP MRO in Cyprus | 11/12/2024 |
6 | Heres Why Investors Should Retain Canadian Pacific KC Stock | 11/14/2024 |
7 | Heres Why Investors Should Add SkyWest Stock to Their Portfolio | 11/15/2024 |
8 | Heres Why Investors Should Give Werner Enterprises Stock a Miss Now | 11/19/2024 |
9 | Heres Why Investors Should Give Schneider National Stock a Miss Now | 11/20/2024 |
10 | Heres How Much a 1000 Investment in SkyWest Made 10 Years Ago Would Be Worth Today | 11/21/2024 |
11 | GE Aerospace Conducts Testing of Hybrid-Electric Turboshaft Engine | 11/22/2024 |
12 | Jury delivers 2.17M judgment against SkyWest Airlines for sex discrimination | 11/25/2024 |
About SkyWest Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including SkyWest or other stocks. Alpha measures the amount that position in SkyWest has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.005809 | 0.005823 | Price To Sales Ratio | 0.78 | 0.83 |
SkyWest Upcoming Company Events
As portrayed in its financial statements, the presentation of SkyWest's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SkyWest's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of SkyWest's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of SkyWest. Please utilize our Beneish M Score to check the likelihood of SkyWest's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.