Cavco Industries Stock Statistic Functions Beta

CVCO Stock  USD 480.50  3.66  0.77%   
Cavco Industries statistic functions tool provides the execution environment for running the Beta function and other technical functions against Cavco Industries. Cavco Industries value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Cavco Industries statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Cavco Industries correlated with the market. If Beta is less than 0 Cavco Industries generally moves in the opposite direction as compared to the market. If Cavco Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cavco Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cavco Industries is generally in the same direction as the market. If Beta > 1 Cavco Industries moves generally in the same direction as, but more than the movement of the benchmark.

Cavco Industries Technical Analysis Modules

Most technical analysis of Cavco Industries 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 Cavco from various momentum indicators to cycle indicators. When you analyze Cavco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Cavco Industries Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cavco Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cavco Industries based on widely used predictive technical indicators. In general, we focus on analyzing Cavco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cavco Industries's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Cavco Industries's intrinsic value. In addition to deriving basic predictive indicators for Cavco Industries, we also check how macroeconomic factors affect Cavco Industries price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2017 2023 2024 2025 (projected)
Days Sales Outstanding25.6228.7130.024.73
PTB Ratio2.883.283.433.6
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cavco Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
478.18480.37482.56
Details
Intrinsic
Valuation
LowRealHigh
432.45495.71497.90
Details
3 Analysts
Consensus
LowTargetHigh
447.42491.67545.75
Details
Earnings
Estimates (0)
LowProjected EPSHigh
4.124.865.10
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cavco Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cavco Industries' short interest history, or implied volatility extrapolated from Cavco Industries options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Momentum Idea
Momentum
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 30 shares
Manufacturing Idea
Manufacturing
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Automobiles and Trucks Idea
Automobiles and Trucks
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Artificial Intelligence Idea
Artificial Intelligence
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When determining whether Cavco Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cavco Industries' 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 Cavco Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cavco Industries Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cavco Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Household Durables 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 Cavco Industries. If investors know Cavco 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 Cavco Industries 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
0.109
Earnings Share
17.83
Revenue Per Share
223.038
Quarterly Revenue Growth
0.123
Return On Assets
0.0739
The market value of Cavco Industries is measured differently than its book value, which is the value of Cavco that is recorded on the company's balance sheet. Investors also form their own opinion of Cavco Industries' value that differs from its market value or its book value, called intrinsic value, which is Cavco Industries' 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 Cavco Industries' market value can be influenced by many factors that don't directly affect Cavco Industries' 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 Cavco Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cavco Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cavco Industries' 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.