Commercial Vehicle Group Stock Price on December 31, 2023
| CVGI Stock | USD 5.63 0.18 3.10% |
Below is the normalized historical share price chart for Commercial Vehicle Group extending back to August 05, 2004. 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 Commercial Vehicle stands at 5.63, as last reported on the 11th of May 2024, with the highest price reaching 5.82 and the lowest price hitting 5.62 during the day.
If you're considering investing in Commercial Stock, it is important to understand the factors that can impact its price. Commercial Vehicle secures Sharpe Ratio (or Efficiency) of -0.098, which signifies that the company had a -0.098% return per unit of risk over the last 3 months. Commercial Vehicle Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Commercial Vehicle's Mean Deviation of 1.74, standard deviation of 2.48, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
As of now, Commercial Vehicle's Capital Stock is increasing as compared to previous years. The Commercial Vehicle's current Stock Based Compensation To Revenue is estimated to increase to 0.01, while Total Stockholder Equity is projected to decrease to under 102.9 M. . As of now, Commercial Vehicle's Price To Operating Cash Flows Ratio is decreasing as compared to previous years. The Commercial Vehicle's current Price To Book Ratio is estimated to increase to 1.41, while Price Earnings To Growth Ratio is projected to decrease to (0.02). Commercial Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of August 2004 | 200 Day MA 7.1279 | 50 Day MA 6.2298 | Beta 2.693 |
Commercial |
Sharpe Ratio = -0.098
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| Negative Returns | CVGI |
Estimated Market Risk
| 2.48 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.24 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 Commercial Vehicle 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 Commercial Vehicle by adding Commercial Vehicle to a well-diversified portfolio.
Price Book 1.2349 | Enterprise Value Ebitda 5.4135 | Price Sales 0.2144 | Shares Float 23.1 M | Wall Street Target Price 11 |
Commercial Vehicle Valuation on December 31, 2023
It is possible to determine the worth of Commercial Vehicle on a given historical date. On December 31, 2023 Commercial was worth 7.13 at the beginning of the trading date compared to the closed value of 7.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commercial Vehicle stock. Still, in general, we apply an absolute valuation method to find Commercial Vehicle'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 Commercial Vehicle where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Commercial Vehicle's related companies.
| Open | High | Low | Close | Volume | |
| 7.12 | 7.21 | 7.09 | 7.14 | 140,239 | |
12/29/2023 | 7.13 | 7.13 | 7.00 | 7.01 | 135,986 |
| 6.95 | 7.02 | 6.80 | 6.88 | 120,094 |
| Backtest Commercial Vehicle | | | Commercial Vehicle History | | | Commercial Vehicle Valuation | Previous | Next |
Commercial Vehicle Trading Date Momentum on December 31, 2023
| On January 02 2024 Commercial Vehicle Group was traded for 6.88 at the closing time. The top price for the day was 7.02 and the lowest listed price was 6.80 . The trading volume for the day was 120.1 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.85% . The overall trading delta against the current closing price is 1.14% . |
Commercial Vehicle Fundamentals Correlations and Trends
By evaluating Commercial Vehicle'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 Commercial Vehicle's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Commercial financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Commercial Vehicle Stock history
Commercial Vehicle 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 Commercial is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commercial Vehicle 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 Commercial Vehicle stock prices may prove useful in developing a viable investing in Commercial Vehicle
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 33.6 M | 27.2 M | |
| Net Loss | -19.8 M | -18.8 M |
Commercial Vehicle Quarterly Net Working Capital |
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Commercial Vehicle Stock Technical Analysis
Commercial Vehicle 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
Commercial Vehicle Period Price Range
Low | December 29, 2023
| High |
7.13 | 7.01 |
Commercial Vehicle May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Commercial Vehicle stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Commercial Vehicle shares will generate the highest return on investment. By undertsting and applying Commercial Vehicle stock market strength indicators, traders can identify Commercial Vehicle Group entry and exit signals to maximize returns
| Accumulation Distribution | 2479.41 | |||
| Daily Balance Of Power | (0.92) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 7.07 | |||
| Day Typical Price | 7.05 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (1.38) |
Commercial Vehicle Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Commercial Vehicle's price direction in advance. Along with the technical and fundamental analysis of Commercial Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commercial 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 | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.2259 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Vehicle Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Commercial Vehicle information on this page should be used as a complementary analysis to other Commercial Vehicle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Commercial Stock analysis
When running Commercial Vehicle's price analysis, check to measure Commercial Vehicle'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 Commercial Vehicle is operating at the current time. Most of Commercial Vehicle's value examination focuses on studying past and present price action to predict the probability of Commercial Vehicle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commercial Vehicle's price. Additionally, you may evaluate how the addition of Commercial Vehicle to your portfolios can decrease your overall portfolio volatility.
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Is Commercial Vehicle's industry 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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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 (0.66) | Earnings Share 1.3 | Revenue Per Share 29.077 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0536 |
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle's 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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle's 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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle's 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.