Sky Harbour Group Stock Statistic Functions Beta

SKYH Stock  USD 10.54  0.13  1.25%   
The Beta function indicator measures statistical properties of Sky Harbour's price series including linear regression, standard deviation, and correlation measures for Sky Harbour. Please specify Time Period to start the analysis.

This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Sky Harbour Group correlated with the market. If Beta is less than 0 Sky Harbour generally moves in the opposite direction as compared to the market. If Sky Harbour Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sky Harbour Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sky Harbour is generally in the same direction as the market. If Beta > 1 Sky Harbour moves generally in the same direction as, but more than the movement of the benchmark.

Sky Harbour Technical Analysis Modules

Applying technical analysis to Sky Harbour involves studying indicator readings across multiple timeframes to gauge trend persistence and turning points. Price transforms can expose non-obvious relationships in Sky's historical data.

Technical Indicator Methodology & Signal Interpretation

Statistical functions applied to Sky Harbour's price data quantify trend strength, dispersion, and correlation properties. Indicator readings should be interpreted alongside broader market conditions.

Sky Harbour Group data is compiled from periodic company reporting and market reference feeds and standardized for comparability. Professional analyst research is incorporated when coverage is available.

Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board