Cavco Industries Stock Price on February 4, 2022

CVCO Stock  USD 392.11  7.13  1.85%   
Below is the normalized historical share price chart for Cavco Industries extending back to June 26, 2003. 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 Cavco Industries stands at 392.11, as last reported on the 28th of March, with the highest price reaching 394.96 and the lowest price hitting 388.00 during the day.
IPO Date
1st of July 2003
200 Day MA
303.2519
50 Day MA
358.1644
Beta
1.138
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cavco Stock, it is important to understand the factors that can impact its price. Cavco Industries appears to be very steady, given 3 months investment horizon. Cavco Industries secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cavco Industries, which you can use to evaluate the volatility of the firm. Please makes use of Cavco Industries' Mean Deviation of 1.65, risk adjusted performance of 0.0616, and Downside Deviation of 2.19 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Cavco Industries' Total Stockholder Equity is very stable compared to the past year. As of the 28th of March 2024, Liabilities And Stockholders Equity is likely to grow to about 1.6 B, while Common Stock Shares Outstanding is likely to drop about 8.6 M. . At this time, Cavco Industries' Price Fair Value is very stable compared to the past year. Cavco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1051

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Estimated Market Risk

 2.14
  actual daily
18
82% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Cavco Industries is performing at about 8% 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 Cavco Industries by adding it to a well-diversified portfolio.
Price Book
3.1927
Enterprise Value Ebitda
12.27
Price Sales
1.7624
Shares Float
7.9 M
Wall Street Target Price
392.33

Cavco Industries Valuation on February 4, 2022

It is possible to determine the worth of Cavco Industries on a given historical date. On February 4, 2022 Cavco was worth 269.66 at the beginning of the trading date compared to the closed value of 264.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cavco Industries stock. Still, in general, we apply an absolute valuation method to find Cavco Industries' 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 Cavco Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cavco Industries' related companies.
 Open High Low Close Volume
03/14/2022
  269.66    269.66    260.83    264.00    60,900  
  267.08    277.51    266.40    277.39    67,800  
Backtest Cavco Industries  |  Cavco Industries History  |  Cavco Industries Valuation Next  
Open Value
269.66
263.23
Downside
264.0
Closing Value
276.09
Upside

Cavco Industries Trading Date Momentum on February 4, 2022

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Cavco Industries Fundamentals Correlations and Trends

By evaluating Cavco Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cavco Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cavco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cavco Industries Stock history

Cavco Industries 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 Cavco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cavco Industries 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 Cavco Industries stock prices may prove useful in developing a viable investing in Cavco Industries
Last ReportedProjected for 2024
Common Stock Shares Outstanding10.3 M8.6 M
Net Income Applicable To Common Shares277 M290.8 M

Cavco Industries Quarterly Net Working Capital

561.88 Million

Cavco Industries Stock Technical Analysis

Cavco Industries 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.
A focus of Cavco Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cavco Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cavco Industries Period Price Range

Low
March 14, 2022
High

 269.66 

  

 264.00 

-5.66-2.1%

Cavco Industries March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Cavco Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cavco Industries shares will generate the highest return on investment. By undertsting and applying Cavco Industries stock market strength indicators, traders can identify Cavco Industries entry and exit signals to maximize returns

Cavco Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cavco Industries' price direction in advance. Along with the technical and fundamental analysis of Cavco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cavco 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.
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 tightly coupled 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.
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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.
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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
19.76
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.