Shyft Financials
SP8 Stock | EUR 10.80 0.00 0.00% |
Shyft |
Shyft Stock Summary
Shyft competes with PACCAR, Sinotruk, and Hyster Yale. Spartan Motors, Inc., through its subsidiaries, engineers, manufactures, assembles, and sells specialty and heavy-duty vehicles in the United States, Canada, South America, and Asia. Spartan Motors, Inc. was founded in 1975 and is headquartered in Charlotte, Michigan. SPARTAN MOTORS operates under Truck Manufacturing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1956 people.Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | US8256981031 |
Business Address | 41280 Bridge Street, |
Sector | Industrials |
Industry | Truck Manufacturing |
Benchmark | Dow Jones Industrial |
Website | www.theshyftgroup.com |
Phone | 517 543 6400 |
Currency | EUR - Euro |
You should never invest in Shyft without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shyft Stock, because this is throwing your money away. Analyzing the key information contained in Shyft's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shyft Key Financial Ratios
There are many critical financial ratios that Shyft's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shyft Group reports annually and quarterly.Return On Equity | 0.14 | |||
Return On Asset | 0.0578 | |||
Target Price | 49.5 | |||
Beta | 1.89 | |||
Z Score | 10.0 |
Shyft Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shyft's current stock value. Our valuation model uses many indicators to compare Shyft value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shyft competition to find correlations between indicators driving Shyft's intrinsic value. More Info.The Shyft Group is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The Shyft Group is roughly 2.36 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Shyft's earnings, one of the primary drivers of an investment's value.Shyft Group Systematic Risk
Shyft's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shyft volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Shyft Group correlated with the market. If Beta is less than 0 Shyft generally moves in the opposite direction as compared to the market. If Shyft Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shyft Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shyft is generally in the same direction as the market. If Beta > 1 Shyft moves generally in the same direction as, but more than the movement of the benchmark.
Shyft December 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shyft help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Shyft Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Shyft Group based on widely used predictive technical indicators. In general, we focus on analyzing Shyft Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shyft's daily price indicators and compare them against related drivers.
Downside Deviation | 3.49 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 25.84 | |||
Value At Risk | (5.15) | |||
Potential Upside | 4.8 |
Complementary Tools for Shyft Stock analysis
When running Shyft's price analysis, check to measure Shyft's 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 Shyft is operating at the current time. Most of Shyft's value examination focuses on studying past and present price action to predict the probability of Shyft's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shyft's price. Additionally, you may evaluate how the addition of Shyft to your portfolios can decrease your overall portfolio volatility.
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