SkyWest (SkyWest) Momentum Rank : 6 (As of Apr. 29, 2024)

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What is SkyWest Momentum Rank?

SkyWest has the Momentum Rank of 6.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of SkyWest's Momentum Rank

For the Airlines subindustry, SkyWest's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SkyWest's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SkyWest's Momentum Rank distribution charts can be found below:

* The bar in red indicates where SkyWest's Momentum Rank falls into.

SkyWest Momentum Rank Related Terms

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SkyWest (SkyWest) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SkyWest Inc (NAS:SKYW) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SY2:Germany

Address

444 South River Road, St. George, UT, USA, 84790

Website

https://www.skywest.com

SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. Generally, SkyWest provides regional flights, and utilizes its smaller, lower-cost aircraft to carry passengers that booked tickets through major airlines. It partners with major global carriers to fly and operate aircraft for a fee. SkyWest may use the major carriers' brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines and SkyWest Leasing.

Executives

James L Welch	director	5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
Robert J Simmons	officer: Chief Financial Officer	C/O SKYWEST, INC., 444 SOUTH RIVER ROAD, SAINT GEORGE UT 84790
Jerry C Atkin	director, officer: Chairman, President and CEO	684 S OAKRIDGE DRIVE, PINE VALLEY UT 84781
Wade J Steel	officer: Executive Vice President	1847 VIEW POINT CIRCLE, SANTA CLARA UT 84765
Russell A Childs	officer: Pres. & COO of SkyWest Airline	444 SOUTH RIVER ROAD, ST GEORGE UT 84790
Henry J Eyring	director
Eric Woodward	officer: Chief Accounting Officer	444 SOUTH RIVER ROAD, ST. GEORGE UT 84790
Smita Conjeevaram	director	70 HERETOLD ROAD, BRONXVILLE NY 17708
Greg Wooley	officer: Exec VP Operations	C/O SKYWEST INC., 444 S. RIVER RD, ST. GEORGE UT 84790
W Steve Albrecht	director	3901 NO FIRST ST, SAN JOSE CA 95134
Michael S Thompson	officer: Chief Operating Officer, other: Skwest Airlines	2311 S COYOTE LOOP, WASHINGTON UT 84780
Terry Vais	officer: Chief Commercial Officer	251 HIGHWOODS PKWY, NEWNAN GA 30265
Andrew C Roberts	director	C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Meredith R. Siegfried	director	C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Alexandria Panot Marren	officer: COO of ExpressJet Airlines	444 S. RIVER ROAD, ST. GEORGE UT 84790