Commercial Vehicle Group Stock Alpha and Beta Analysis
| CVGI Stock | USD 2.42 0.01 0.41% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Commercial Vehicle Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Commercial Vehicle over a specified time horizon. Remember, high Commercial Vehicle's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Commercial Vehicle's market risk premium analysis include:
Beta 2.67 | Alpha (0.82) | Risk 4.68 | Sharpe Ratio (0.11) | Expected Return (0.51) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Commercial |
Commercial Vehicle Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Commercial Vehicle market risk premium is the additional return an investor will receive from holding Commercial Vehicle long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Commercial Vehicle. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Commercial Vehicle's performance over market.| α | -0.82 | β | 2.67 |
Commercial Vehicle expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Commercial Vehicle's Buy-and-hold return. Our buy-and-hold chart shows how Commercial Vehicle performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Commercial Vehicle Market Price Analysis
Market price analysis 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 understating and applying Commercial Vehicle stock market price indicators, traders can identify Commercial Vehicle position entry and exit signals to maximize returns.
Commercial Vehicle Return and Market Media
The median price of Commercial Vehicle for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 3.12 with a coefficient of variation of 11.62. The daily time series for the period is distributed with a sample standard deviation of 0.36, arithmetic mean of 3.09, and mean deviation of 0.28. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Constellation Brands Seems To Use Debt Quite Sensibly | 10/04/2024 |
2 | Q2 Earnings Outperformers Blue Bird And The Rest Of The Heavy Transportation Equipment Stocks | 10/16/2024 |
3 | After six years of tariffs, small-business owners arent eager for more | 11/01/2024 |
4 | Commercial Vehicle Group Inc Q3 2024 Earnings Call Highlights Navigating Challenges ... | 11/06/2024 |
5 | Commercial Vehicle Group, Inc. Q3 2024 Earnings Call Transcript | 11/07/2024 |
6 | What You Need To Know About The Commercial Vehicle Group, Inc. Analyst Downgrade Today | 11/08/2024 |
7 | Souders Financial Advisors Has 3.29 Million Position in Constellation Brands, Inc. | 11/13/2024 |
8 | Constellation Brands EVP Carey Kristann sells 78,870 in stock | 11/15/2024 |
9 | STZ Trades Below 50 200-Day SMA How Should You Play the Stock | 11/19/2024 |
10 | Woodson Equity Acquires Commercial Vehicle Groups First Source Electronics Business | 11/21/2024 |
About Commercial Vehicle Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Commercial or other stocks. Alpha measures the amount that position in Commercial Vehicle has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 65.55 | 56.76 | 49.15 | 43.39 | PTB Ratio | 2.0 | 1.83 | 1.34 | 1.41 |
Commercial Vehicle Upcoming Company Events
As portrayed in its financial statements, the presentation of Commercial Vehicle's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Commercial Vehicle's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Commercial Vehicle's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Commercial Vehicle. Please utilize our Beneish M Score to check the likelihood of Commercial Vehicle's management manipulating its earnings.
| 4th of March 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Commercial Vehicle Backtesting, Commercial Vehicle Valuation, Commercial Vehicle Correlation, Commercial Vehicle Hype Analysis, Commercial Vehicle Volatility, Commercial Vehicle History and analyze Commercial Vehicle Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Commercial Vehicle 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.