Sky Harbour Group Stock Performance
| SKYH Stock | USD 11.41 0.13 1.15% |
The entity has a beta of 0.78, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sky Harbour's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sky Harbour is expected to be smaller as well. At this point, Sky Harbour Group has a negative expected return of -0.0437%. Please make sure to validate Sky Harbour's maximum drawdown, expected short fall, as well as the relationship between the Expected Short fall and rate of daily change , to decide if Sky Harbour Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Sky Harbour Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, Sky Harbour is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
Actual Historical Performance (%)
One Day Return (1.74) | Five Day Return (0.53) | Year To Date Return 12.57 | Ten Year Return 11.97 | All Time Return 11.97 |
1 | Sky Harbour Group Corp Shares Gap Down to 12.455 on Sep 23 | 09/23/2024 |
2 | Sky Harbour Group Corp Shares Down 3.12 percent on Sep 27 | 09/27/2024 |
3 | Sky Harbour Group Corp Stock Price Up 2.21 percent on Oct 9 | 10/09/2024 |
4 | Acquisition by Rozek Alexander Buffett of 52632 shares of Sky Harbour at 9.5 subject to Rule 16b-3 | 10/24/2024 |
5 | Sky Harbour Group director Alexander Buffett Rozek buys 1m in shares | 10/30/2024 |
6 | What To Expect From Sky Harbour Group Corp Q3 2024 Earnings | 11/11/2024 |
7 | Sky Harbour Group Corp Trading 6.74 percent Higher on Nov 14 | 11/14/2024 |
8 | Disposition of tradable shares by Glazer Capital, Llc of Sky Harbour at 10.12 subject to Rule 16b-3 | 11/26/2024 |
| Begin Period Cash Flow | 41.4 M |
Sky |
Sky Harbour Relative Risk vs. Return Landscape
If you would invest 1,196 in Sky Harbour Group on September 3, 2024 and sell it today you would lose (68.00) from holding Sky Harbour Group or give up 5.69% of portfolio value over 90 days. Sky Harbour Group is currently does not generate positive expected returns and assumes 3.1107% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than Sky, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Sky Harbour Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sky Harbour's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sky Harbour Group, and traders can use it to determine the average amount a Sky Harbour's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.014
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SKYH |
Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sky Harbour is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sky Harbour by adding Sky Harbour to a well-diversified portfolio.
Sky Harbour Fundamentals Growth
Sky Stock prices reflect investors' perceptions of the future prospects and financial health of Sky Harbour, and Sky Harbour fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sky Stock performance.
| Return On Equity | -0.54 | ||||
| Return On Asset | -0.0312 | ||||
| Operating Margin | (1.19) % | ||||
| Current Valuation | 609.05 M | ||||
| Shares Outstanding | 29.39 M | ||||
| Price To Earning | 10.78 X | ||||
| Price To Book | 7.79 X | ||||
| Price To Sales | 66.37 X | ||||
| Revenue | 7.58 M | ||||
| Gross Profit | (2.7 M) | ||||
| EBITDA | (22.62 M) | ||||
| Net Income | (16.18 M) | ||||
| Cash And Equivalents | 33.71 M | ||||
| Cash Per Share | 2.26 X | ||||
| Total Debt | 241.17 M | ||||
| Debt To Equity | 2.09 % | ||||
| Current Ratio | 8.16 X | ||||
| Book Value Per Share | 1.68 X | ||||
| Cash Flow From Operations | (7.74 M) | ||||
| Earnings Per Share | (1.90) X | ||||
| Market Capitalization | 820.1 M | ||||
| Total Asset | 402.2 M | ||||
| Retained Earnings | (19.36 M) | ||||
| Working Capital | 158.26 M | ||||
| Current Asset | 61 K | ||||
| Current Liabilities | 502 K | ||||
About Sky Harbour Performance
By evaluating Sky Harbour's fundamental ratios, stakeholders can gain valuable insights into Sky Harbour's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sky Harbour has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Sky Harbour has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 10 K | 10.5 K | |
| Return On Tangible Assets | (0.04) | (0.04) | |
| Return On Capital Employed | (0.04) | (0.05) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.23) | (0.22) |
Things to note about Sky Harbour Group performance evaluation
Checking the ongoing alerts about Sky Harbour for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sky Harbour Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 7.58 M. Net Loss for the year was (16.18 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 (7.74 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 44.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of tradable shares by Glazer Capital, Llc of Sky Harbour at 10.12 subject to Rule 16b-3 |
- Analyzing Sky Harbour's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Sky Harbour's stock is overvalued or undervalued compared to its peers.
- Examining Sky Harbour's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Sky Harbour's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sky Harbour's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sky Harbour's stock. These opinions can provide insight into Sky Harbour's potential for growth and whether the stock is currently undervalued or overvalued.
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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