Cavco Industries Stock Price on March 19, 2019
| CVCO Stock | USD 370.43 5.82 1.55% |
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 370.43, as last reported on the 16th of April 2024, with the highest price reaching 376.47 and the lowest price hitting 367.50 during the day.
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 0.15, which signifies that the company had a 0.15% 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 1.72, downside deviation of 2.31, and Risk Adjusted Performance of 0.0766 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 16th of April 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.
IPO Date 1st of July 2003 | 200 Day MA 309.5058 | 50 Day MA 371.9318 | Beta 1.147 |
Cavco |
Sharpe Ratio = 0.15
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Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Cavco Industries is performing at about 11% 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 3.1108 | Enterprise Value Ebitda 11.9185 | Price Sales 1.6966 | Shares Float 7.9 M | Wall Street Target Price 392.33 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.3 M | 8.6 M | |
| Net Income Applicable To Common Shares | 277 M | 290.8 M |
Cavco Industries Quarterly Net Working Capital |
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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.
Price Boundaries
Cavco Industries Period Price Range
Cavco Industries April 16, 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
| Accumulation Distribution | 0.0238 | |||
| Daily Balance Of Power | (0.65) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 371.99 | |||
| Day Typical Price | 371.47 | |||
| Market Facilitation Index | 8.97 | |||
| Price Action Indicator | (4.47) | |||
| Period Momentum Indicator | (5.82) |
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.
| Risk Adjusted Performance | 0.0766 | |||
| Jensen Alpha | 0.1184 | |||
| Total Risk Alpha | 0.0473 | |||
| Sortino Ratio | 0.0758 | |||
| Treynor Ratio | 0.1099 |
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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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 19.74 | 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.