Shyft Group Stock Price on March 15, 2024
| SHYF Stock | USD 14.10 0.16 1.12% |
Below is the normalized historical share price chart for Shyft Group extending back to June 19, 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 Shyft stands at 14.10, as last reported on the 29th of November, with the highest price reaching 14.49 and the lowest price hitting 14.03 during the day.
If you're considering investing in Shyft Stock, it is important to understand the factors that can impact its price. At this point, Shyft is not too volatile. Shyft Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0507, which indicates the firm had a 0.0507% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shyft Group, which you can use to evaluate the volatility of the company. Please validate Shyft's Coefficient Of Variation of 3675.48, risk adjusted performance of 0.0279, and Semi Deviation of 2.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Shyft's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The Shyft's current Common Stock Total Equity is estimated to increase to about 112.3 M, while Capital Stock is projected to decrease to roughly 68.5 M. . At this time, Shyft's Price Book Value Ratio is most likely to increase slightly in the upcoming years. The Shyft's current Price To Operating Cash Flows Ratio is estimated to increase to 12.09, while Price Earnings To Growth Ratio is projected to decrease to (0.84). Shyft Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 12.3597 | 50 Day MA 12.994 | Beta 1.623 |
Shyft |
Sharpe Ratio = 0.0507
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| Cash | Small Risk | SHYF | High Risk | Huge Risk |
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Estimated Market Risk
| 2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Shyft is performing at about 3% 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 Shyft by adding it to a well-diversified portfolio.
Price Book 1.9468 | Enterprise Value Ebitda 34.2227 | Price Sales 0.625 | Shares Float 31.7 M | Dividend Share 0.2 |
Related Headline
Rev Headline on 15th of March 2024
Disposition of 7395191 shares by American Industrial Partner... by American Industrial Partners Capital Fund Iv Lp
Filed transaction by Rev Group Other: No Longer A 10% Owner.. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Shyft Valuation on March 15, 2024
It is possible to determine the worth of Shyft on a given historical date. On March 15, 2024 Shyft was worth 10.54 at the beginning of the trading date compared to the closed value of 10.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shyft stock. Still, in general, we apply an absolute valuation method to find Shyft'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 Shyft where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shyft's related companies.
| Open | High | Low | Close | Volume | |
| 10.52 | 10.92 | 10.44 | 10.51 | 382,485 | |
03/15/2024 | 10.54 | 10.82 | 10.41 | 10.60 | 373,846 |
| 10.59 | 11.04 | 10.37 | 11.02 | 253,393 |
| Backtest Shyft | | | Shyft History | | | Shyft Valuation | Previous | Next |
Shyft Trading Date Momentum on March 15, 2024
| On March 18 2024 Shyft Group was traded for 11.02 at the closing time. The top price for the day was 11.04 and the lowest listed price was 10.37 . The trading volume for the day was 253.4 K. The trading history from March 18, 2024 was a factor to the next trading day price rise. The trading price change against the next closing price was 3.96% . The trading price change against the current closing price is 8.40% . |
Shyft Group Fundamentals Correlations and Trends
By evaluating Shyft'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 Shyft's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shyft financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shyft Stock history
Shyft 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 Shyft is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shyft Group 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 Shyft stock prices may prove useful in developing a viable investing in Shyft
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 34.9 M | 35.1 M | |
| Net Income Applicable To Common Shares | 42 M | 44.1 M |
Shyft Quarterly Net Working Capital |
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Shyft Stock Technical Analysis
Shyft 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
Shyft Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Shyft Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Shyft November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shyft stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shyft shares will generate the highest return on investment. By undertsting and applying Shyft stock market strength indicators, traders can identify Shyft Group entry and exit signals to maximize returns
Shyft Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shyft's price direction in advance. Along with the technical and fundamental analysis of Shyft Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shyft 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 | 0.0279 | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0277 |
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Complementary Tools for Shyft Stock analysis
When running Shyft's price analysis, check to measure Shyft'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 Shyft is operating at the current time. Most of Shyft's value examination focuses on studying past and present price action to predict the probability of Shyft's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shyft's price. Additionally, you may evaluate how the addition of Shyft to your portfolios can decrease your overall portfolio volatility.
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