Shyft Group Stock Price on March 20, 2023

SHYF Stock  USD 8.35  0.65  7.22%   
If you're considering investing in Shyft Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shyft stands at 8.35, as last reported on the 30th of March, with the highest price reaching 9.00 and the lowest price hitting 8.26 during the day. Shyft Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12 % return per unit of risk over the last 3 months. Shyft Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shyft's Risk Adjusted Performance of (0.07), coefficient of variation of (1,136), and Variance of 14.51 to confirm the risk estimate we provide.
  
Shyft Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1151

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSHYF

Estimated Market Risk

 3.88
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.45
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shyft is not performing at its full potential. However, 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 Shyft by adding Shyft to a well-diversified portfolio.

Related Headline

Rev Headline on 20th of March 2023

Filed transaction by Rev Group Inc officer. General open market or private sale of non-derivative or derivative security

Shyft Valuation on March 20, 2023

It is possible to determine the worth of Shyft on a given historical date. On March 20, 2023 Shyft was worth 22.04 at the beginning of the trading date compared to the closed value of 21.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shyft stock. Still, in general, we apply an absolute valuation method to find Shyft's 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 Shyft where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shyft's related companies.
 Open High Low Close Volume
  22.92    22.98    21.43    21.86    397,657  
03/20/2023
  22.04    22.49    21.78    21.78    241,189  
  22.33    22.76    22.25    22.40    147,404  
Backtest Shyft  |  Shyft History  |  Shyft Valuation   PreviousNext  
Open Value
22.04
21.78
Closing Value
33.67
Upside

Shyft Trading Date Momentum on March 20, 2023

On March 21 2023 Shyft Group was traded for  22.40  at the closing time. The top price for the day was 22.76  and the lowest listed price was  22.25 . The trading volume for the day was 147.4 K. The trading history from March 21, 2023 was a factor to the next trading day price rise. The trading price change against the next closing price was 2.85% . The trading price change against the current closing price is 2.20% .

Shyft Group Fundamentals Correlations and Trends

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

About Shyft Stock history

Shyft 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 Shyft is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shyft Group 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 Shyft stock prices may prove useful in developing a viable investing in Shyft
The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan. Shyft operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 3306 people.

Shyft Stock Technical Analysis

Shyft 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 Shyft technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shyft 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

Shyft Period Price Range

Low
March 30, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Shyft Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Shyft March 30, 2025 Market Strength

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

Shyft Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shyft's price direction in advance. Along with the technical and fundamental analysis of Shyft Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shyft 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.

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.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Money Managers
Screen money managers from public funds and ETFs managed around the world
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites