Commercial Vehicle Stock Forecast - Daily Balance Of Power

CVGI Stock  USD 2.41  0.02  0.84%   
Commercial Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Commercial Vehicle's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Commercial Vehicle's Inventory Turnover is decreasing as compared to previous years. The Commercial Vehicle's current Receivables Turnover is estimated to increase to 7.56, while Payables Turnover is projected to decrease to 10.16. . The current Common Stock Shares Outstanding is estimated to decrease to about 27.2 M. The Commercial Vehicle's current Net Loss is estimated to increase to about (18.8 M).
Commercial Vehicle Group has current Daily Balance Of Power of 0.2857. Balance of Power indicator (or BOP) measures the strength of Commercial Vehicle Group market sensitivity to bulls and bears. It estimates the ability of Commercial Vehicle buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Commercial Vehicle Balance of Power indicator one can determine a trend of the price direction.
Check Commercial Vehicle VolatilityBacktest Commercial VehicleInformation Ratio  

Commercial Vehicle Trading Date Momentum

On November 22 2024 Commercial Vehicle Group was traded for  2.41  at the closing time. The top price for the day was 2.42  and the lowest listed price was  2.35 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.41% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Commercial Vehicle

For every potential investor in Commercial, whether a beginner or expert, Commercial Vehicle's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Commercial Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Commercial. Basic forecasting techniques help filter out the noise by identifying Commercial Vehicle's price trends.

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 Risk & Return  Correlation

Commercial Vehicle 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 Commercial Vehicle'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 Commercial Vehicle's current price.

Commercial Vehicle Market Strength Events

Market strength indicators help investors to evaluate how Commercial Vehicle stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Commercial Vehicle shares will generate the highest return on investment. By undertsting and applying Commercial Vehicle stock market strength indicators, traders can identify Commercial Vehicle Group entry and exit signals to maximize returns.

Commercial Vehicle Risk Indicators

The analysis of Commercial Vehicle'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 Commercial Vehicle's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting commercial 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.
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.

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When determining whether Commercial Vehicle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Vehicle's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commercial Vehicle Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Vehicle Group Stock:
Check out Historical Fundamental Analysis of Commercial Vehicle to cross-verify your projections.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Construction Machinery & Heavy Transportation Equipment space 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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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
0.286
Earnings Share
0.82
Revenue Per Share
27.395
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0346
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle'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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle'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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle'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.