Sky Harbour Group Stock Buy Hold or Sell Recommendation
| SKYH Stock | USD 10.92 0.78 6.67% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Sky Harbour Group is 'Strong Sell'. Macroaxis provides Sky Harbour buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SKYH positions. The advice algorithm takes into account all of Sky Harbour's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Sky Harbour's buy or sell advice are summarized below:
Real Value 10.13 | Target Price 11 | Hype Value 10.9 | Market Value 10.92 | Naive Value 10.82 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sky Harbour Group given historical horizon and risk tolerance towards Sky Harbour. When Macroaxis issues a 'buy' or 'sell' recommendation for Sky Harbour Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Sky |
Execute Sky Harbour Buy or Sell Advice
The Sky recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sky Harbour Group. Macroaxis does not own or have any residual interests in Sky Harbour Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sky Harbour's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Sky Harbour Trading Alerts and Improvement Suggestions
| Sky Harbour Group generated a negative expected return over the last 90 days | |
| Sky Harbour Group has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 1.84 M. Net Loss for the year was (13.68 M) with loss before overhead, payroll, taxes, and interest of (2.7 M). | |
| Sky Harbour Group currently holds about 33.71 M in cash with (27.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.26. | |
| Sky Harbour Group has a poor financial position based on the latest SEC disclosures | |
| Roughly 19.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Insider Trading |
Sky Harbour Returns Distribution Density
The distribution of Sky Harbour's historical returns is an attempt to chart the uncertainty of Sky Harbour's future price movements. The chart of the probability distribution of Sky Harbour daily returns describes the distribution of returns around its average expected value. We use Sky Harbour Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sky Harbour returns is essential to provide solid investment advice for Sky Harbour.
| Mean Return | 0.14 | Value At Risk | -6.34 | Potential Upside | 5.88 | Standard Deviation | 3.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sky Harbour historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Sky Harbour Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sky Harbour or Independent Power and Renewable Electricity Producers sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sky Harbour's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sky stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | 0.61 | |
σ | Overall volatility | 3.74 | |
Ir | Information ratio | 0.02 |
Sky Harbour Volatility Alert
Sky Harbour Group shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sky Harbour's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sky Harbour's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Sky Harbour Fundamentals Vs Peers
Comparing Sky Harbour's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sky Harbour's direct or indirect competition across all of the common fundamentals between Sky Harbour and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sky Harbour or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sky Harbour's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sky Harbour by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sky Harbour to competition |
| Fundamentals | Sky Harbour | Peer Average |
| Return On Equity | -0.37 | -0.31 |
| Return On Asset | -0.0284 | -0.14 |
| Operating Margin | (2.17) % | (5.51) % |
| Current Valuation | 597.3 M | 16.62 B |
| Shares Outstanding | 24.64 M | 571.82 M |
| Shares Owned By Insiders | 19.43 % | 10.09 % |
| Shares Owned By Institutions | 43.08 % | 39.21 % |
| Number Of Shares Shorted | 161.1 K | 4.71 M |
| Price To Earning | 10.78 X | 28.72 X |
| Price To Book | 3.85 X | 9.51 X |
| Price To Sales | 95.66 X | 11.42 X |
| Revenue | 1.84 M | 9.43 B |
| Gross Profit | (2.7 M) | 27.38 B |
| EBITDA | (17.82 M) | 3.9 B |
| Net Income | (13.68 M) | 570.98 M |
| Cash And Equivalents | 33.71 M | 2.7 B |
| Cash Per Share | 2.26 X | 5.01 X |
| Total Debt | 215.74 M | 5.32 B |
| Debt To Equity | 2.09 % | 48.70 % |
| Current Ratio | 8.16 X | 2.16 X |
| Book Value Per Share | 2.21 X | 1.93 K |
| Cash Flow From Operations | (27.49 M) | 971.22 M |
| Short Ratio | 6.15 X | 4.00 X |
| Earnings Per Share | (1.35) X | 3.12 X |
| Target Price | 16.0 | |
| Number Of Employees | 35 | 18.84 K |
| Beta | 1.87 | -0.15 |
| Market Capitalization | 780.22 M | 19.03 B |
| Total Asset | 331.2 M | 29.47 B |
| Retained Earnings | (3.18 M) | 9.33 B |
| Working Capital | 147.26 M | 1.48 B |
| Current Asset | 61 K | 9.34 B |
| Current Liabilities | 502 K | 7.9 B |
Note: Insider Trading [view details]
Sky Harbour Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sky . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 10.92 | |||
| Day Typical Price | 10.92 | |||
| Price Action Indicator | (0.39) | |||
| Period Momentum Indicator | (0.78) |
About Sky Harbour Buy or Sell Advice
When is the right time to buy or sell Sky Harbour Group? Buying financial instruments such as Sky Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 6.9M | 13.2M | 15.2M | 16.0M | Total Assets | 139.1M | 331.2M | 380.9M | 399.9M |
Use Investing Ideas to Build Portfolios
In addition to having Sky Harbour in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cleaning Thematic Idea Now
Cleaning
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cleaning Theme or any other thematic opportunities.
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Check out Sky Harbour Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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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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Is Sky Harbour's industry 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 (1.35) | Revenue Per Share 0.472 | Quarterly Revenue Growth 1.172 | Return On Assets (0.03) | Return On Equity (0.37) |
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.