Cavco Industries Stock Performance
| CVCO Stock | USD 370.43 5.82 1.55% |
On a scale of 0 to 100, Cavco Industries holds a performance score of 11. The firm shows a Beta (market volatility) of 2.07, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cavco Industries will likely underperform. Please check Cavco Industries' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Cavco Industries' price patterns will revert.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Cavco Industries are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very inconsistent fundamental indicators, Cavco Industries displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.55) | Five Day Return (1.14) | Year To Date Return 7.55 | Ten Year Return 375.95 | All Time Return 3.6 K |
Last Split Factor 2:1 | Last Split Date 2005-02-01 |
1 | Cavco Industries Workers Opt for Strike at Emlenton, Pa., Plant | 03/01/2024 |
2 | Cavco Industries ratification of collective bargaining agreement at Pennsylvania plant | 03/06/2024 |
3 | Cavco Industries, Inc. Shares Acquired by Qube Research Technologies Ltd - Defense World | 03/11/2024 |
4 | Prefabricated Housing Market to Reach 41.4 Billion by 2030 - Emerging Trends Include Usage of Cigarette Butt Bricks to Improve Thermal Properties of Prefabricat... | 03/14/2024 |
5 | Cavco Industries Fantastic Business But Transition Period To Avoid - Seeking Alpha | 03/20/2024 |
6 | Legato Capital Management LLC Purchases New Holdings in Cavco Industries, Inc. - Defense World | 03/26/2024 |
7 | Recent Price Trend in Cavco is Your Friend, Heres Why | 04/02/2024 |
8 | Disposition of 5333 shares by Richard Kerley of Cavco Industries subject to Rule 16b-3 | 04/08/2024 |
9 | Cavco Industries Has A Pretty Healthy Balance Sheet | 04/09/2024 |
10 | Cavco Q1 Earnings and Revenues Beat Estimates - Yahoo Movies Canada | 04/15/2024 |
| Begin Period Cash Flow | 259.3 M | |
| Total Cashflows From Investing Activities | -129.3 M |
Cavco |
Cavco Industries Relative Risk vs. Return Landscape
If you would invest 30,654 in Cavco Industries on January 17, 2024 and sell it today you would earn a total of 6,389 from holding Cavco Industries or generate 20.84% return on investment over 90 days. Cavco Industries is currently generating 0.324% in daily expected returns and assumes 2.1604% risk (volatility on return distribution) over the 90 days horizon. In different words, 19% of stocks are less volatile than Cavco, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Cavco Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cavco Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cavco Industries, and traders can use it to determine the average amount a Cavco Industries' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.15
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CVCO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
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.
Cavco Industries Fundamentals Growth
Cavco Stock prices reflect investors' perceptions of the future prospects and financial health of Cavco Industries, and Cavco Industries fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cavco Stock performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0936 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 2.82 B | ||||
| Shares Outstanding | 8.35 M | ||||
| Price To Earning | 32.18 X | ||||
| Price To Book | 3.11 X | ||||
| Price To Sales | 1.70 X | ||||
| Revenue | 2.14 B | ||||
| Gross Profit | 388.07 M | ||||
| EBITDA | 307.67 M | ||||
| Net Income | 240.84 M | ||||
| Cash And Equivalents | 253.94 M | ||||
| Cash Per Share | 28.55 X | ||||
| Total Debt | 21.68 M | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 2.45 X | ||||
| Book Value Per Share | 120.86 X | ||||
| Cash Flow From Operations | 255.69 M | ||||
| Earnings Per Share | 19.74 X | ||||
| Market Capitalization | 3.14 B | ||||
| Total Asset | 1.31 B | ||||
| Retained Earnings | 869.31 M | ||||
| Working Capital | 511.19 M | ||||
| Current Asset | 298.72 M | ||||
| Current Liabilities | 125.09 M | ||||
About Cavco Industries Performance
To evaluate Cavco Industries Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cavco Industries generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cavco Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cavco Industries market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cavco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 57.69 | 41.98 | |
| Return On Tangible Assets | 0.10 | 0.11 | |
| Return On Capital Employed | 0.15 | 0.16 | |
| Return On Assets | 0.09 | 0.1 | |
| Return On Equity | 0.13 | 0.14 |
Things to note about Cavco Industries performance evaluation
Checking the ongoing alerts about Cavco Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cavco Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Cavco Q1 Earnings and Revenues Beat Estimates - Yahoo Movies Canada |
- Analyzing Cavco Industries' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cavco Industries' stock is overvalued or undervalued compared to its peers.
- Examining Cavco Industries' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cavco Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cavco Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cavco Industries' stock. These opinions can provide insight into Cavco Industries' potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
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.