Shyft Group Stock Price on December 9, 2024

SHYF Stock  USD 12.72  0.13  1.01%   
Below is the normalized historical share price chart for Shyft Group extending back to June 19, 1984. 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 Shyft stands at 12.72, as last reported on the 13th of December 2024, with the highest price reaching 12.83 and the lowest price hitting 12.43 during the day.
IPO Date
26th of March 1990
200 Day MA
12.4543
50 Day MA
13.0968
Beta
1.623
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shyft Stock, it is important to understand the factors that can impact its price. At this point, Shyft is not too volatile. Shyft Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.01, which indicates the firm had a 0.01% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shyft Group, which you can use to evaluate the volatility of the company. Please validate Shyft's Semi Deviation of 2.2, risk adjusted performance of 0.0397, and Coefficient Of Variation of 2224.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.0246%.
  
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 68.5 M. . At this time, Shyft's Price Book Value Ratio is most likely to increase slightly in the upcoming years. The Shyft's current Price To Operating Cash Flows Ratio is estimated to increase to 12.09, while Price Earnings To Growth Ratio is projected to decrease to (0.84). Shyft Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.01

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Estimated Market Risk

 2.46
  actual daily
21
79% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  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.
Price Book
1.7516
Enterprise Value Ebitda
31.6446
Price Sales
0.5632
Shares Float
31.7 M
Dividend Share
0.2

Shyft Main Headline on 9th of December 2024

Filed transaction by Shyft Group Officer Vp Chief Accounting Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Shyft Valuation on December 9, 2024

It is possible to determine the worth of Shyft on a given historical date. On December 9, 2024 Shyft was worth 12.99 at the beginning of the trading date compared to the closed value of 12.96. 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
  13.31    13.31    12.87    12.89    89,751  
12/09/2024
  12.99    13.19    12.89    12.96    145,309  
  12.96    12.96    12.54    12.75    249,614  
Backtest Shyft  |  Shyft History  |  Shyft Valuation   PreviousNext  
Open Value
12.99
12.96
Closing Value
20.37
Upside

Shyft Trading Date Momentum on December 9, 2024

On December 10 2024 Shyft Group was traded for  12.75  at the closing time. The top price for the day was 12.96  and the lowest listed price was  12.54 . The trading volume for the day was 249.6 K. The trading history from December 10, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.62% . The trading price change against the current closing price is 1.00% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding34.9 M35.1 M
Net Income Applicable To Common Shares42 M44.1 M

Shyft Quarterly Net Working Capital

121.98 Million

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
December 13, 2024
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 December 13, 2024 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.
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