Commercial Vehicle Group Stock Alpha and Beta Analysis
| CVGI Stock | USD 6.18 0.03 0.49% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Commercial Vehicle Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Commercial Vehicle over a specified time horizon. Remember, high Commercial Vehicle's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Commercial Vehicle's market risk premium analysis include:
Beta 1.85 | Alpha (0.21) | Risk 2.35 | Sharpe Ratio (0.04) | Expected Return (0.10) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Commercial |
Commercial Vehicle Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Commercial Vehicle market risk premium is the additional return an investor will receive from holding Commercial Vehicle long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Commercial Vehicle. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Commercial Vehicle's performance over market.| α | -0.21 | β | 1.85 |
Commercial Vehicle expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Commercial Vehicle's Buy-and-hold return. Our buy-and-hold chart shows how Commercial Vehicle performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Commercial Vehicle Market Price Analysis
Market price analysis 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 understating and applying Commercial Vehicle stock market price indicators, traders can identify Commercial Vehicle position entry and exit signals to maximize returns.
Commercial Vehicle Return and Market Media
The median price of Commercial Vehicle for the period between Sun, Jan 28, 2024 and Sat, Apr 27, 2024 is 6.39 with a coefficient of variation of 3.07. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 6.4, and mean deviation of 0.16. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Constellation Brands Appoints Sam Glaetzer to Lead Companys Wine Spirits Division | 03/11/2024 |
2 | Constellation Brands Rises As Market Takes a Dip Key Facts | 03/25/2024 |
3 | Acquisition by Chung Cheung of 57297 shares of Commercial Vehicle subject to Rule 16b-3 | 03/28/2024 |
4 | Insights Into Constellation Brands Q4 Wall Street Projections for Key Metrics | 04/08/2024 |
5 | Unwinding Fed rate cuts, ECB decision, earnings season - whats moving markets | 04/11/2024 |
6 | Constellation Brands Inc Q4 2024 Earnings Call Transcript Highlights Solid Growth Amidst ... | 04/12/2024 |
7 | Constellation Brands Continued Beer Strength Offsets Its Wine And Spirits Weakness | 04/15/2024 |
8 | Constellation Brands, Inc. Q4 2024 Earnings Call Transcript | 04/16/2024 |
9 | Is Commercial Vehicle Group, Inc. Trading At A 29 percent Discount | 04/19/2024 |
10 | Constellation Brands distances itself from Cannabis company Canopy Growth | 04/22/2024 |
11 | Corona Premier Launches Premier Side of Light Campaign and Appoints New Director of Lifestyle Matt James | 04/26/2024 |
About Commercial Vehicle Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Commercial or other stocks. Alpha measures the amount that position in Commercial Vehicle has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 65.55 | 56.76 | 49.15 | 43.41 | PTB Ratio | 2.0 | 1.83 | 1.34 | 1.41 |
Commercial Vehicle Upcoming Company Events
As portrayed in its financial statements, the presentation of Commercial Vehicle's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Commercial Vehicle's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Commercial Vehicle's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Commercial Vehicle. Please utilize our Beneish M Score to check the likelihood of Commercial Vehicle's management manipulating its earnings.
| 4th of March 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Commercial Vehicle
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Align your risk with return expectations
Check out Commercial Vehicle Backtesting, Commercial Vehicle Valuation, Commercial Vehicle Correlation, Commercial Vehicle Hype Analysis, Commercial Vehicle Volatility, Commercial Vehicle History and analyze Commercial Vehicle Performance. 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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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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.