Skywest Stock Technical Analysis
| SKYW Stock | USD 111.90 2.34 2.14% |
As of the 24th of November, SkyWest has the Risk Adjusted Performance of 0.26, semi deviation of 0.7961, and Coefficient Of Variation of 301.96. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SkyWest, as well as the relationship between them. Please validate SkyWest downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if SkyWest is priced more or less accurately, providing market reflects its prevalent price of 111.9 per share. Given that SkyWest has jensen alpha of 0.4055, we advise you to double-check SkyWest's current market performance to make sure the company can sustain itself at a future point.
SkyWest Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SkyWest, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SkyWestSkyWest |
SkyWest Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 43.4 | Buy | 5 | Odds |
Most SkyWest 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 SkyWest stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SkyWest, talking to its executives and customers, or listening to SkyWest conference calls.
SkyWest 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.
SkyWest Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 SkyWest volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SkyWest Trend Analysis
Use this graph to draw trend lines for SkyWest. You can use it to identify possible trend reversals for SkyWest 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 SkyWest price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SkyWest Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SkyWest applied against its price change over selected period. The best fit line has a slop of 0.70 , which means SkyWest will continue generating value for investors. It has 122 observation points and a regression sum of squares at 18411.01, which is the sum of squared deviations for the predicted SkyWest price change compared to its average price change.About SkyWest 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 SkyWest 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 SkyWest based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SkyWest price pattern first instead of the macroeconomic environment surrounding SkyWest. By analyzing SkyWest'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 SkyWest'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 SkyWest specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.005809 | 0.005823 | Price To Sales Ratio | 0.78 | 0.83 |
SkyWest November 24, 2024 Technical Indicators
Most technical analysis of SkyWest 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 SkyWest from various momentum indicators to cycle indicators. When you analyze SkyWest 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 | 0.26 | |||
| Market Risk Adjusted Performance | 0.3509 | |||
| Mean Deviation | 1.4 | |||
| Semi Deviation | 0.7961 | |||
| Downside Deviation | 1.32 | |||
| Coefficient Of Variation | 301.96 | |||
| Standard Deviation | 1.93 | |||
| Variance | 3.71 | |||
| Information Ratio | 0.2633 | |||
| Jensen Alpha | 0.4055 | |||
| Total Risk Alpha | 0.3246 | |||
| Sortino Ratio | 0.3839 | |||
| Treynor Ratio | 0.3409 | |||
| Maximum Drawdown | 9.51 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 3.8 | |||
| Downside Variance | 1.75 | |||
| Semi Variance | 0.6337 | |||
| Expected Short fall | (1.75) | |||
| Skewness | 1.25 | |||
| Kurtosis | 2.94 |
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.