Shyft Group Stock Price Prediction
| SHYF Stock | USD 12.43 0.09 0.72% |
Oversold Vs Overbought
62
Oversold | Overbought |
Shyft Group stock price prediction is an act of determining the future value of Shyft shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Shyft's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Shyft and does not consider all of the tangible or intangible factors available from Shyft's fundamental data. We analyze noise-free headlines and recent hype associated with Shyft Group, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Shyft's stock price prediction:Quarterly Earnings Growth (0.73) | EPS Estimate Next Quarter 0.08 | EPS Estimate Current Year 0.41 | EPS Estimate Next Year 0.92 | Wall Street Target Price 13 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Shyft based on different types of headlines from major news networks to social media. The Shyft stock price prediction module provides an analysis of price elasticity to changes in media outlook on Shyft over a specific investment horizon. Using Shyft hype-based prediction, you can estimate the value of Shyft Group from the perspective of Shyft response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Shyft using Shyft's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Shyft using crowd psychology based on the activity and movement of Shyft's stock price.
Shyft Short Interest
A significant increase or decrease in Shyft's short interest from the previous month could be a good indicator of investor sentiment towards Shyft. Short interest can provide insight into the potential direction of Shyft stock and how bullish or bearish investors feel about the market overall. An investor who is long Shyft may also wish to track short interest. As short interest increases, investors should be becoming more worried about Shyft and may potentially protect profits, hedge Shyft with its derivative instruments, or be ready for some potential downside.
200 Day MA 12.4788 | Short Percent 0.0344 | Short Ratio 3.55 | Shares Short Prior Month 1.2 M | 50 Day MA 11.5518 |
Shyft Group Hype to Price Pattern
Investor biases related to Shyft's public news can be used to forecast risks associated with an investment in Shyft. The trend in average sentiment can be used to explain how an investor holding Shyft can time the market purely based on public headlines and social activities around Shyft Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Shyft's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Shyft.
Shyft Implied Volatility | 0.0 |
Shyft's implied volatility exposes the market's sentiment of Shyft Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Shyft's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Shyft stock will not fluctuate a lot when Shyft's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Shyft. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Shyft to buy its stock at a price that has no basis in reality. In that case, they are not buying Shyft because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Shyft after-hype prediction price | USD 12.41 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Shyft |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shyft's 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.
Shyft After-Hype Price Prediction Density Analysis
As far as predicting the price of Shyft at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Shyft or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Shyft, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Shyft Estimiated After-Hype Price Volatility
In the context of predicting Shyft's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Shyft's historical news coverage. Shyft's after-hype downside and upside margins for the prediction period are 9.22 and 15.60, respectively. We have considered Shyft's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Shyft is not too volatile at this time. Analysis and calculation of next after-hype price of Shyft Group is based on 3 months time horizon.
Shyft Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Shyft is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shyft backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Shyft, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.17 | 3.19 | 0.02 | 0.24 | 9 Events / Month | 5 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
12.43 | 12.41 | 0.16 |
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Shyft Hype Timeline
Shyft Group is at this time traded for 12.43. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.24. Shyft is anticipated to decline in value after the next headline, with the price expected to drop to 12.41. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.16%, whereas the daily expected return is at this time at 0.17%. The volatility of related hype on Shyft is about 222.21%, with the expected price after the next announcement by competition of 12.67. About 92.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.57. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Shyft Group has Price/Earnings To Growth (PEG) ratio of 1.33. The entity last dividend was issued on the 16th of May 2024. The firm had 3:2 split on the 29th of June 2007. Given the investment horizon of 90 days the next anticipated press release will be in about 9 days. Check out Shyft Basic Forecasting Models to cross-verify your projections.Shyft Related Hype Analysis
Having access to credible news sources related to Shyft's direct competition is more important than ever and may enhance your ability to predict Shyft's future price movements. Getting to know how Shyft's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Shyft may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LEV | Lion Electric Corp | (0.06) | 10 per month | 0.00 | (0.21) | 5.76 | (6.73) | 16.72 | |
| XOS | Xos Inc | 0.00 | 0 per month | 4.23 | 0.04 | 10.05 | (7.52) | 40.70 | |
| HYFM | Hydrofarm Holdings GroupInc | 0.09 | 8 per month | 3.51 | (0.01) | 8.89 | (7.48) | 25.11 | |
| CAT | Caterpillar | 5.86 | 9 per month | 1.88 | 0.05 | 2.28 | (2.54) | 10.03 | |
| AGCO | AGCO Corporation | 0.97 | 9 per month | 1.80 | (0.06) | 2.17 | (2.69) | 7.63 | |
| CNHI | CNH Industrial NV | (0.61) | 10 per month | 1.84 | (0.04) | 3.13 | (2.70) | 12.77 | |
| DE | Deere Company | 7.34 | 11 per month | 1.57 | (0.02) | 2.18 | (2.38) | 6.82 | |
| IDEX | Ideanomics | (0.02) | 10 per month | 6.69 | 0.03 | 9.76 | (7.87) | 87.18 | |
| WNC | Wabash National | (0.65) | 9 per month | 0.00 | (0.13) | 3.04 | (3.55) | 10.51 |
Shyft Additional Predictive Modules
Most predictive techniques to examine Shyft price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Shyft using various technical indicators. When you analyze Shyft 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Shyft Predictive Indicators
The successful prediction of Shyft stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Shyft Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Shyft based on analysis of Shyft hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Shyft's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Shyft's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.002046 | 0.008198 | 0.0168 | 0.0107 | Price To Sales Ratio | 1.75 | 0.85 | 0.49 | 0.72 |
Story Coverage note for Shyft
The number of cover stories for Shyft depends on current market conditions and Shyft's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Shyft is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Shyft's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Shyft Short Properties
Shyft's future price predictability will typically decrease when Shyft's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Shyft Group often depends not only on the future outlook of the potential Shyft's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Shyft's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.9 M | |
| Cash And Short Term Investments | 10 M |
Check out Shyft Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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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Is Shyft's industry 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 Shyft. If investors know Shyft 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 Shyft 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 (0.73) | Dividend Share 0.2 | Revenue Per Share 23.936 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0013 |
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft'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 Shyft's market value can be influenced by many factors that don't directly affect Shyft'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 Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft'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.