Cavco Gross Margin from 2010 to 2024
| CVCO Stock | USD 366.50 8.86 2.36% |
Check Cavco Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cavco main balance sheet or income statement drivers, such as Depreciation And Amortization of 148.4 M, Interest Expense of 994.2 K or Selling General Administrative of 311.9 M, as well as many exotic indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0012 or PTB Ratio of 3.6. Cavco financial statements analysis is a perfect complement when working with Cavco Industries Valuation or Volatility modules.
Cavco | Gross Margin |
About Cavco Industries Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cavco Industries income statement, its balance sheet, and the statement of cash flows. Cavco Industries investors use historical funamental indicators, such as Cavco Industries's Gross Margin, to determine how well the company is positioned to perform in the future. Although Cavco Industries investors may use each financial statement separately, they are all related. The changes in Cavco Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cavco Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cavco Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cavco Industries. Please read more on our technical analysis and fundamental analysis pages.
Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona. Cavco Inds operates under Residential Construction classification in the United States and is traded on NASDAQ Exchange. It employs 6300 people.
Cavco Industries Investors Sentiment
The influence of Cavco Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cavco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cavco Industries' public news can be used to forecast risks associated with an investment in Cavco. The trend in average sentiment can be used to explain how an investor holding Cavco can time the market purely based on public headlines and social activities around Cavco Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cavco Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cavco Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cavco Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cavco Industries.
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.
Pair Trading with Cavco Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cavco Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cavco Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Cavco Stock
| 0.62 | DOGZ | Dogness International | PairCorr |
| 0.76 | VSTO | Vista Outdoor Financial Report 1st of May 2024 | PairCorr |
| 0.79 | VZIO | Vizio Holding Corp Financial Report 14th of May 2024 | PairCorr |
Moving against Cavco Stock
| 0.8 | ESCA | Escalade Incorporated Financial Report 14th of May 2024 | PairCorr |
| 0.69 | GPRO | GoPro Inc Financial Report 14th of May 2024 | PairCorr |
| 0.66 | KOSS | Koss | PairCorr |
| 0.62 | LANV | Lanvin Group Holdings | PairCorr |
| 0.59 | VUZI | Vuzix Corp Cmn Tech Boost | PairCorr |
The ability to find closely correlated positions to Cavco Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cavco Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cavco Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cavco Industries to buy it.
The correlation of Cavco Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cavco Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cavco Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cavco Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Cavco Industries Correlation against competitors. To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.Note that the Cavco Industries information on this page should be used as a complementary analysis to other Cavco Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Cavco Stock analysis
When running Cavco Industries' price analysis, check to measure Cavco Industries' 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 Cavco Industries is operating at the current time. Most of Cavco Industries' value examination focuses on studying past and present price action to predict the probability of Cavco Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cavco Industries' price. Additionally, you may evaluate how the addition of Cavco Industries to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
Is Cavco Industries' 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 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 (0.36) | Earnings Share 19.74 | Revenue Per Share 215.435 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0936 |
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.