Sky Harbour Stock Forecast - Daily Balance Of Power

SKYH Stock  USD 11.32  0.09  0.79%   
Sky Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sky Harbour's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Sky Harbour's Asset Turnover is decreasing as compared to previous years. . The Sky Harbour's current Common Stock Shares Outstanding is estimated to increase to about 16.7 M, while Net Loss is projected to decrease to (12.9 M).
On June 13, 2024 Sky Harbour Group had Daily Balance Of Power of (0.59). Balance of Power indicator (or BOP) measures the strength of Sky Harbour Group market sensitivity to bulls and bears. It estimates the ability of Sky Harbour buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Sky Harbour Balance of Power indicator one can determine a trend of the price direction.
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Sky Harbour Trading Date Momentum

On June 14 2024 Sky Harbour Group was traded for  9.24  at the closing time. The top price for the day was 9.55  and the lowest listed price was  9.01 . The trading volume for the day was 70.7 K. The trading history from June 14, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.76% . The trading price change against the current closing price is 7.05% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Sky Harbour

For every potential investor in Sky, whether a beginner or expert, Sky Harbour's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sky Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sky. Basic forecasting techniques help filter out the noise by identifying Sky Harbour's price trends.

Sky Harbour Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sky Harbour stock to make a market-neutral strategy. Peer analysis of Sky Harbour could also be used in its relative valuation, which is a method of valuing Sky Harbour by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Sky Harbour Group Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sky Harbour's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Sky Harbour's current price.

Sky Harbour Market Strength Events

Market strength indicators help investors to evaluate how Sky Harbour stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sky Harbour shares will generate the highest return on investment. By undertsting and applying Sky Harbour stock market strength indicators, traders can identify Sky Harbour Group entry and exit signals to maximize returns.

Sky Harbour Risk Indicators

The analysis of Sky Harbour's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Sky Harbour's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sky stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Sky Harbour Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sky Harbour's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sky Harbour Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sky Harbour Group Stock:
Check out Historical Fundamental Analysis of Sky Harbour to cross-verify your projections.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sky Harbour. If investors know Sky will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sky Harbour listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.90)
Revenue Per Share
0.523
Quarterly Revenue Growth
0.637
Return On Assets
(0.03)
Return On Equity
(0.54)
The market value of Sky Harbour Group is measured differently than its book value, which is the value of Sky that is recorded on the company's balance sheet. Investors also form their own opinion of Sky Harbour's value that differs from its market value or its book value, called intrinsic value, which is Sky Harbour's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sky Harbour's market value can be influenced by many factors that don't directly affect Sky Harbour's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sky Harbour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sky Harbour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sky Harbour's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.