SkyWest Stock Forecast - Day Median Price
| SKYW Stock | USD 78.59 0.26 0.33% |
SkyWest Stock Forecast is based on your current time horizon.
SkyWest |
Most investors in SkyWest cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the SkyWest's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets SkyWest's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 70.55 | 72.4 |
| Check SkyWest Volatility | Backtest SkyWest | Trend Details |
SkyWest Trading Date Momentum
| On April 24 2024 SkyWest was traded for 71.35 at the closing time. The top price for the day was 74.41 and the lowest listed price was 70.47 . The trading volume for the day was 745.9 K. The trading history from April 24, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 3.98% . The trading price change against the current closing price is 1.20% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for SkyWest
For every potential investor in SkyWest, whether a beginner or expert, SkyWest's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SkyWest Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SkyWest. Basic forecasting techniques help filter out the noise by identifying SkyWest's price trends.SkyWest Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SkyWest stock to make a market-neutral strategy. Peer analysis of SkyWest could also be used in its relative valuation, which is a method of valuing SkyWest by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SkyWest Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of SkyWest's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of SkyWest's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
SkyWest Market Strength Events
Market strength indicators help investors to evaluate how SkyWest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SkyWest shares will generate the highest return on investment. By undertsting and applying SkyWest stock market strength indicators, traders can identify SkyWest entry and exit signals to maximize returns.
SkyWest Risk Indicators
The analysis of SkyWest's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in SkyWest's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skywest stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.5 | |||
| Semi Deviation | 1.64 | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.81 | |||
| Downside Variance | 3.3 | |||
| Semi Variance | 2.7 | |||
| Expected Short fall | (1.69) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.