Cavco Industries Stock Price on September 17, 2024
| CVCO Stock | USD 521.23 5.37 1.04% |
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 521.23, as last reported on the 28th of November, with the highest price reaching 528.00 and the lowest price hitting 516.27 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 0.17, which signifies that the company had a 0.17% 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' Risk Adjusted Performance of 0.1495, downside deviation of 1.71, and Mean Deviation of 1.58 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 November 2024, Common Stock Shares Outstanding is likely to grow to about 8.6 M, while Other Stockholder Equity is likely to drop about 6.2 M. . At this time, Cavco Industries' Price Cash Flow Ratio is very stable compared to the past year. As of the 28th of November 2024, Price Fair Value is likely to grow to 3.43, while Price To Sales Ratio is likely to drop 1.80. 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 392.5442 | 50 Day MA 444.551 | Beta 1.247 |
Cavco |
Sharpe Ratio = 0.1743
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Cavco Industries is performing at about 13% 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 4.0552 | Enterprise Value Ebitda 18.8005 | Price Sales 2.2581 | Shares Float 7.6 M | Wall Street Target Price 491.6667 |
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Cavco Industries Valuation on September 17, 2024
It is possible to determine the worth of Cavco Industries on a given historical date. On September 17, 2024 Cavco was worth 430.39 at the beginning of the trading date compared to the closed value of 431.6. 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 | |
| 431.22 | 431.22 | 425.04 | 427.17 | 54,297 | |
09/17/2024 | 430.39 | 437.02 | 426.32 | 431.60 | 51,744 |
| 431.60 | 436.20 | 421.89 | 424.03 | 82,243 |
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Cavco Industries Trading Date Momentum on September 17, 2024
| On September 18 2024 Cavco Industries was traded for 424.03 at the closing time. The top price for the day was 436.20 and the lowest listed price was 421.89 . The trading volume for the day was 82.2 K. The trading history from September 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.75% . The overall trading delta against the current closing price is 0.11% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.6 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
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Cavco Industries November 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.
| Risk Adjusted Performance | 0.1495 | |||
| Jensen Alpha | 0.3587 | |||
| Total Risk Alpha | 0.0689 | |||
| Sortino Ratio | 0.1655 | |||
| Treynor Ratio | 1.14 |
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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 closely tied 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.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Household Durables space 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 0.109 | Earnings Share 17.69 | Revenue Per Share 223.038 | Quarterly Revenue Growth 0.123 | Return On Assets 0.0739 |
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.