Sky Harbour Group Stock Technical Analysis
| SKYH Stock | USD 11.24 0.16 1.44% |
As of the 27th of November, Sky Harbour has the insignificant Risk Adjusted Performance, coefficient of variation of (8,111), and Variance of 10.66. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sky Harbour Group, as well as the relationship between them.
Sky Harbour Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sky, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SkySky |
Sky Harbour Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 11.0 | Strong Buy | 3 | Odds |
Most Sky analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Sky stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sky Harbour Group, talking to its executives and customers, or listening to Sky conference calls.
Sky Harbour technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Sky Harbour Group Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Sky Harbour Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sky Harbour Group Trend Analysis
Use this graph to draw trend lines for Sky Harbour Group. You can use it to identify possible trend reversals for Sky Harbour as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Sky Harbour price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sky Harbour Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sky Harbour Group applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Sky Harbour Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 13.29, which is the sum of squared deviations for the predicted Sky Harbour price change compared to its average price change.About Sky Harbour Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Sky Harbour Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Sky Harbour Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sky Harbour Group price pattern first instead of the macroeconomic environment surrounding Sky Harbour Group. By analyzing Sky Harbour's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Sky Harbour's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Sky Harbour specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.29 | 0.36 | 3.56 | 3.38 | Days Of Inventory On Hand | 7.2E-5 | 11.1K | 10.0K | 10.5K |
Sky Harbour November 27, 2024 Technical Indicators
Most technical analysis of Sky help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Sky from various momentum indicators to cycle indicators. When you analyze Sky charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 2.49 | |||
| Coefficient Of Variation | (8,111) | |||
| Standard Deviation | 3.26 | |||
| Variance | 10.66 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 16.18 | |||
| Value At Risk | (5.30) | |||
| Potential Upside | 3.97 | |||
| Skewness | 0.0759 | |||
| Kurtosis | 1.65 |
Complementary Tools for Sky Stock analysis
When running Sky Harbour's price analysis, check to measure Sky Harbour'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 Sky Harbour is operating at the current time. Most of Sky Harbour's value examination focuses on studying past and present price action to predict the probability of Sky Harbour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sky Harbour's price. Additionally, you may evaluate how the addition of Sky Harbour to your portfolios can decrease your overall portfolio volatility.
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