SKYW Stock | | | USD 109.56 0.58 0.53% |
SkyWest financial indicator trend analysis is much more than just breaking down SkyWest prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SkyWest is a good investment. Please check the relationship between SkyWest Extraordinary Items and its Selling General Administrative accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SkyWest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy SkyWest Stock please use our
How to Invest in SkyWest guide.
Extraordinary Items vs Selling General Administrative
Extraordinary Items vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SkyWest Extraordinary Items account and
Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SkyWest's Extraordinary Items and Selling General Administrative is 0.93. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of SkyWest, assuming nothing else is changed. The correlation between historical values of SkyWest's Extraordinary Items and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of SkyWest are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Extraordinary Items i.e., SkyWest's Extraordinary Items and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Extraordinary Items
Selling General Administrative
Most indicators from SkyWest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SkyWest current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SkyWest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy SkyWest Stock please use our
How to Invest in SkyWest guide.At this time, SkyWest's Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 3.1
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 6.26 in 2024.
SkyWest fundamental ratios Correlations
Click cells to compare fundamentals
SkyWest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SkyWest fundamental ratios Accounts
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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.