Evolva Holding (Switzerland) Probability of Future Stock Price Finishing Over 0.79
| EVE Stock | CHF 0.82 0.01 1.23% |
Evolva |
Evolva Holding Target Price Odds to finish over 0.79
The tendency of Evolva Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above ₣ 0.79 in 90 days |
| 0.82 | 90 days | 0.79 | more than 94.0 |
Based on a normal probability distribution, the odds of Evolva Holding to stay above ₣ 0.79 in 90 days from now is more than 94.0 (This Evolva Holding SA probability density function shows the probability of Evolva Stock to fall within a particular range of prices over 90 days) . Probability of Evolva Holding SA price to stay between ₣ 0.79 and its current price of ₣0.82 at the end of the 90-day period is about 12.76 .
Assuming the 90 days trading horizon Evolva Holding has a beta of 0.1 suggesting as returns on the market go up, Evolva Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Evolva Holding SA will be expected to be much smaller as well. Additionally Evolva Holding SA has an alpha of 0.0093, implying that it can generate a 0.009265 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Evolva Holding Price Density |
| Price |
Predictive Modules for Evolva Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Evolva Holding SA. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Evolva Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Evolva Holding is not an exception. The market had few large corrections towards the Evolva Holding's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Evolva Holding SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Evolva Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.0038 |
Evolva Holding Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Evolva Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Evolva Holding SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Evolva Holding SA had very high historical volatility over the last 90 days | |
| Evolva Holding SA has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 9.88 M. Net Loss for the year was (41.27 M) with loss before overhead, payroll, taxes, and interest of (8.81 M). | |
| Evolva Holding SA has accumulated about 11 M in cash with (29.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. |
Evolva Holding Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Evolva Stock often depends not only on the future outlook of the current and potential Evolva Holding's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Evolva Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 786.8 M | |
| Cash And Short Term Investments | 11 M |
Evolva Holding Technical Analysis
Evolva Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Evolva Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Evolva Holding SA. In general, you should focus on analyzing Evolva Stock price patterns and their correlations with different microeconomic environments and drivers.
Evolva Holding Predictive Forecast Models
Evolva Holding's time-series forecasting models is one of many Evolva Holding's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Evolva Holding's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Evolva Holding SA
Checking the ongoing alerts about Evolva Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Evolva Holding SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Evolva Holding SA had very high historical volatility over the last 90 days | |
| Evolva Holding SA has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 9.88 M. Net Loss for the year was (41.27 M) with loss before overhead, payroll, taxes, and interest of (8.81 M). | |
| Evolva Holding SA has accumulated about 11 M in cash with (29.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. |
Additional Tools for Evolva Stock Analysis
When running Evolva Holding's price analysis, check to measure Evolva Holding'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 Evolva Holding is operating at the current time. Most of Evolva Holding's value examination focuses on studying past and present price action to predict the probability of Evolva Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolva Holding's price. Additionally, you may evaluate how the addition of Evolva Holding to your portfolios can decrease your overall portfolio volatility.