Shyft Group Stock Price on November 18, 2024
| SHYF Stock | USD 10.68 0.12 1.14% |
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 10.68, as last reported on the 25th of February, with the highest price reaching 11.02 and the lowest price hitting 10.57 during the day. Shyft Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1 % return per unit of risk over the last 3 months. Shyft Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shyft's Coefficient Of Variation of (998.10), risk adjusted performance of (0.07), and Variance of 16.54 to confirm the risk estimate we provide.
At this time, Shyft's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The Shyft's current Common Stock Total Equity is estimated to increase to about 112.3 M, while Capital Stock is projected to decrease to roughly 74.4 M. . At this time, Shyft's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years. The Shyft's current Price To Free Cash Flows Ratio is estimated to increase to 25.88, while Price To Operating Cash Flows Ratio is projected to decrease to 12.16. Shyft Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shyft |
Sharpe Ratio = -0.1002
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| Negative Returns | SHYF |
Estimated Market Risk
| 4.07 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 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.
Shyft Valuation on November 18, 2024
It is possible to determine the worth of Shyft on a given historical date. On November 18, 2024 Shyft was worth 13.74 at the beginning of the trading date compared to the closed value of 13.64. 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 | |
| 14.22 | 14.25 | 13.71 | 13.92 | 207,081 | |
11/18/2024 | 13.74 | 14.05 | 13.58 | 13.64 | 175,615 |
| 13.38 | 13.58 | 13.19 | 13.34 | 144,696 |
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Shyft Trading Date Momentum on November 18, 2024
| On November 19 2024 Shyft Group was traded for 13.34 at the closing time. The top price for the day was 13.58 and the lowest listed price was 13.19 . The trading volume for the day was 144.7 K. The trading history from November 19, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.20% . The trading price change against the current closing price is 5.21% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 34.4 M | 35.2 M | |
| Net Income Applicable To Common Shares | 42 M | 44.1 M |
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.
Price Boundaries
Shyft Period Price Range
Low | February 25, 2025
| 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 February 25, 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.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.16) |
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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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