Shyft Group Stock Alpha and Beta Analysis
| SHYF Stock | USD 12.42 0.25 1.97% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Shyft Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Shyft over a specified time horizon. Remember, high Shyft'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 Shyft's market risk premium analysis include:
Beta 2.15 | Alpha 0.28 | Risk 2.91 | Sharpe Ratio 0.0996 | Expected Return 0.29 |
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.
Shyft |
Shyft Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Shyft market risk premium is the additional return an investor will receive from holding Shyft 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 Shyft. 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 Shyft's performance over market.| α | 0.28 | β | 2.15 |
Shyft 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 Shyft's Buy-and-hold return. Our buy-and-hold chart shows how Shyft performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Shyft Market Price Analysis
Market price analysis 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 understating and applying Shyft stock market price indicators, traders can identify Shyft position entry and exit signals to maximize returns.
Shyft Return and Market Media
The median price of Shyft for the period between Thu, Mar 7, 2024 and Wed, Jun 5, 2024 is 11.9 with a coefficient of variation of 7.13. The daily time series for the period is distributed with a sample standard deviation of 0.83, arithmetic mean of 11.65, and mean deviation of 0.73. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Freeman Angela K. of 4651 shares of Shyft subject to Rule 16b-3 | 03/14/2024 |
| Shyft dividend paid on 18th of March 2024 | 03/18/2024 |
2 | Acquisition by Scott Ocholik of 8970 shares of Shyft subject to Rule 16b-3 | 03/28/2024 |
3 | Disposition of 1234 shares by Joshua Sherbin of Shyft at 12.42 subject to Rule 16b-3 | 04/01/2024 |
4 | Disposition of 1018 shares by John Dunn of Shyft at 12.42 subject to Rule 16b-3 | 04/02/2024 |
5 | Disposition of 1666 shares by Scott Ocholik of Shyft at 12.42 subject to Rule 16b-3 | 04/03/2024 |
6 | Acquisition by Esposito Carl A. of 358 shares of Shyft at 11.98 subject to Rule 16b-3 | 04/10/2024 |
7 | Acquisition by Rourke Mark B. of 9523 shares of Shyft at 12.57 subject to Rule 16b-3 | 05/15/2024 |
8 | Shyft Group signs agreement with Amerit Fleet Solutions | 05/22/2024 |
9 | The Shyft Group Announces Participation in June 2024 Investor Conferences | 06/04/2024 |
About Shyft 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 Shyft or other stocks. Alpha measures the amount that position in Shyft Group 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) | Dividend Yield | 0.002046 | 0.008198 | 0.0168 | 0.0107 | Price To Sales Ratio | 1.75 | 0.85 | 0.49 | 0.72 |
Shyft Upcoming Company Events
As portrayed in its financial statements, the presentation of Shyft's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Shyft's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Shyft's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Shyft. Please utilize our Beneish M Score to check the likelihood of Shyft's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Information and Resources on Investing in Shyft Stock
When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:Check out Shyft Backtesting, Shyft Valuation, Shyft Correlation, Shyft Hype Analysis, Shyft Volatility, Shyft History and analyze Shyft Performance. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.