Skyline Stock Price on June 4, 2024
| SKY Stock | USD 76.35 0.99 1.31% |
Below is the normalized historical share price chart for Skyline extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Skyline stands at 76.35, as last reported on the 28th of April, with the highest price reaching 77.26 and the lowest price hitting 75.95 during the day.
If you're considering investing in Skyline Stock, it is important to understand the factors that can impact its price. We consider Skyline very steady. Skyline owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0514, which indicates the firm had a 0.0514% return per unit of risk over the last 3 months. We have found thirty technical indicators for Skyline, which you can use to evaluate the volatility of the company. Please validate Skyline's Coefficient Of Variation of 1518.32, semi deviation of 2.54, and Risk Adjusted Performance of 0.0488 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
At this time, Skyline's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 69.3 M in 2024, whereas Treasury Stock is likely to drop (62.1 M) in 2024. . At this time, Skyline's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 9.71 in 2024, whereas Price Earnings Ratio is likely to drop 4.28 in 2024. Skyline Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of December 1981 | 200 Day MA 70.0634 | 50 Day MA 80.8576 | Beta 1.522 |
Skyline |
Sharpe Ratio = 0.0514
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | SKY | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.78 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Skyline is performing at about 4% of its full potential. 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 Skyline by adding it to a well-diversified portfolio.
Price Book 3.2163 | Enterprise Value Ebitda 13.9529 | Price Sales 2.3099 | Shares Float 53.1 M | Wall Street Target Price 79.17 |
Related Headline
LGI Homes Headline on 28th of April 2024
Acquisition by Michael Snider of 8747 shares of LGI Homes su... by Michael Snider
Filed transaction by LGI Homes Officer President And Coo. Grant, award or other acquisition pursuant to Rule 16b-3
Skyline Valuation on June 4, 2024
It is possible to determine the worth of Skyline on a given historical date. On June 4, 2024 Skyline was worth 75.95 at the beginning of the trading date compared to the closed value of 76.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skyline stock. Still, in general, we apply an absolute valuation method to find Skyline's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Skyline where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skyline's related companies.
| Open | High | Low | Close | Volume | |
| 75.95 | 77.26 | 75.95 | 76.35 | 190,992 | |
04/28/2024 | 75.95 | 77.26 | 75.95 | 76.35 | 0.00 |
| Backtest Skyline | | | Skyline History | | | Skyline Valuation | Previous |
Skyline Trading Date Momentum on June 4, 2024
| On April 28 2024 Skyline was traded for 76.35 at the closing time. Highest Skyline's price during the trading hours was 77.26 and the lowest price during the day was 75.95 . There was no trading activity during the period 0.0. Lack of trading volume on the 28th of April did not result in any price rise and fall. The trading price change to current price is 0.52% . |
Skyline Fundamentals Correlations and Trends
By evaluating Skyline's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Skyline's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skyline financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Skyline Stock history
Skyline investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Skyline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skyline will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Skyline stock prices may prove useful in developing a viable investing in Skyline
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 66 M | 69.3 M | |
| Net Income Applicable To Common Shares | 462.1 M | 485.2 M |
Skyline Quarterly Net Working Capital |
|
Skyline Stock Technical Analysis
Skyline 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.
Price Boundaries
Skyline Period Price Range
Low | April 28, 2024
| High |
75.95 | 76.35 |
Skyline April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Skyline stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skyline shares will generate the highest return on investment. By undertsting and applying Skyline stock market strength indicators, traders can identify Skyline entry and exit signals to maximize returns
Skyline Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Skyline's price direction in advance. Along with the technical and fundamental analysis of Skyline Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skyline to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0488 | |||
| Jensen Alpha | 0.1359 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0353 | |||
| Treynor Ratio | 0.369 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Skyline Stock analysis
When running Skyline's price analysis, check to measure Skyline'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 Skyline is operating at the current time. Most of Skyline's value examination focuses on studying past and present price action to predict the probability of Skyline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyline's price. Additionally, you may evaluate how the addition of Skyline to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
Is Skyline'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 Skyline. If investors know Skyline 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 Skyline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.44) | Earnings Share 3.49 | Revenue Per Share 34.555 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0873 |
The market value of Skyline is measured differently than its book value, which is the value of Skyline that is recorded on the company's balance sheet. Investors also form their own opinion of Skyline's value that differs from its market value or its book value, called intrinsic value, which is Skyline'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 Skyline's market value can be influenced by many factors that don't directly affect Skyline'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 Skyline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyline'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.