Skyward Specialty Insurance Stock Technical Analysis
SKWD Stock | 37.60 0.02 0.05% |
As of the 7th of May, Skyward Specialty has the Coefficient Of Variation of 562.2, semi deviation of 1.6, and Risk Adjusted Performance of 0.118. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Skyward Specialty, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for Skyward Specialty Insurance, which can be compared to its competition. Please validate Skyward Specialty standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Skyward Specialty is priced more or less accurately, providing market reflects its prevalent price of 37.6 per share. Given that Skyward Specialty has jensen alpha of 0.2683, we advise you to double-check Skyward Specialty Insurance's current market performance to make sure the company can sustain itself at a future point.
Skyward Specialty Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Skyward, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SkywardSkyward |
Skyward Specialty Analyst Consensus
Target Price | Advice | # of Analysts | |
31.29 | Strong Buy | 8 | Odds |
Most Skyward 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 Skyward stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Skyward Specialty, talking to its executives and customers, or listening to Skyward conference calls.
Skyward Specialty 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.
Skyward Specialty Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Skyward Specialty volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Skyward Specialty Trend Analysis
Use this graph to draw trend lines for Skyward Specialty Insurance. You can use it to identify possible trend reversals for Skyward Specialty 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 Skyward Specialty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Skyward Specialty Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Skyward Specialty Insurance applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Skyward Specialty Insurance will continue generating value for investors. It has 122 observation points and a regression sum of squares at 66.12, which is the sum of squared deviations for the predicted Skyward Specialty price change compared to its average price change.About Skyward Specialty 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 Skyward Specialty Insurance 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 Skyward Specialty Insurance based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Skyward Specialty price pattern first instead of the macroeconomic environment surrounding Skyward Specialty. By analyzing Skyward Specialty'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 Skyward Specialty'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 Skyward Specialty specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 441.74 | 409.4 | 316.15 | 467.39 | PTB Ratio | 2.92 | 1.7 | 1.83 | 2.9 |
Skyward Specialty May 7, 2024 Technical Indicators
Most technical analysis of Skyward 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 Skyward from various momentum indicators to cycle indicators. When you analyze Skyward 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 | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.118 | |||
Market Risk Adjusted Performance | 0.3008 | |||
Mean Deviation | 1.5 | |||
Semi Deviation | 1.6 | |||
Downside Deviation | 1.94 | |||
Coefficient Of Variation | 562.2 | |||
Standard Deviation | 2.0 | |||
Variance | 4.0 | |||
Information Ratio | 0.1403 | |||
Jensen Alpha | 0.2683 | |||
Total Risk Alpha | 0.1369 | |||
Sortino Ratio | 0.1445 | |||
Treynor Ratio | 0.2908 | |||
Maximum Drawdown | 12.31 | |||
Value At Risk | (2.45) | |||
Potential Upside | 3.23 | |||
Downside Variance | 3.77 | |||
Semi Variance | 2.55 | |||
Expected Short fall | (1.65) | |||
Skewness | (0.30) | |||
Kurtosis | 1.99 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyward Specialty Insurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Skyward Stock analysis
When running Skyward Specialty's price analysis, check to measure Skyward Specialty'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 Skyward Specialty is operating at the current time. Most of Skyward Specialty's value examination focuses on studying past and present price action to predict the probability of Skyward Specialty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyward Specialty's price. Additionally, you may evaluate how the addition of Skyward Specialty to your portfolios can decrease your overall portfolio volatility.
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Is Skyward Specialty'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 Skyward Specialty. If investors know Skyward 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 Skyward Specialty 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 1.128 | Earnings Share 2.76 | Revenue Per Share 25.561 | Quarterly Revenue Growth 0.395 | Return On Assets 0.0318 |
The market value of Skyward Specialty is measured differently than its book value, which is the value of Skyward that is recorded on the company's balance sheet. Investors also form their own opinion of Skyward Specialty's value that differs from its market value or its book value, called intrinsic value, which is Skyward Specialty'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 Skyward Specialty's market value can be influenced by many factors that don't directly affect Skyward Specialty'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 Skyward Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyward Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyward Specialty'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.